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Transformative Development Initiative Launches Placemaking for Gateway Cities

July 28, 2015

FOR IMMEDIATE RELEASE

Contact:
Kelsey Abbruzzese, MassDevelopment, 617-330-2086 & 617-448-9077 (cell)
kabbruzzese@massdevelopment.com

As a part of the Transformative Development Initiative (TDI), an integrated place-based program designed to implement locally initiated, strategic, catalytic, and sustainable revitalization activities, MassDevelopment is providing $71,400 in grants through TDI Places. TDI Places is a placemaking program that supports small-scale, short-term projects in Gateway Cities such as temporary pocket parks, pop-up stores, community gardens, and enhanced farmers’ and makers’ markets. With these awards, grant winners will help support and advance the cities’ strategic redevelopment visions outlined in response to a 2014 call for TDI Districts. 
 
“Placemaking projects such as farmers markets, parklets, and art installations are small efforts that make a big impact in the Commonwealth’s urban centers,” said MassDevelopment President and CEO Marty Jones. “We’re pleased to partner with these Gateway Cities on their creative proposals as they build ownership in a district’s future with a wide group of stakeholders, and we look forward to the dynamic activities happening this summer.” 
 
The following projects will receive grant funds:

 
The following projects will receive smaller grant awards plus technical assistance during their development:


TDI Places awards one-time grants to nonprofit organizations from TDI partnership teams. MassDevelopment encouraged all 26 Gateway Cities to apply for projects in their original TDI District proposals. In May, the Agency held a placemaking workshop in Lowell for stakeholders to work with experienced consultants on their proposals.
 
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. During FY2014, MassDevelopment financed or managed 314 projects generating investment of more than $2.9 billion in the Massachusetts economy. These projects are projected to create more than 6,300 jobs and build or rehabilitate more than 1,600 residential units.