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Explore the innovative development strategies of Chelsea, MA, from streamlined permitting processes to sector-specific business initiatives and anchor projects. Get insights on building networks, boosting business agendas, and achieving growth milestones.
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Develop Thy Self Chelsea’s Economic Development Outreach Model
I. Know Thy Self • Are you development friendly? • Streamlined permitting process in place? • Development officials on the same page? • How about elected/appointed & residents? • Have YOU done pre-development work? • Do you REALLY know yourself?
I. Know Thy Self STREAMLINED PERMITTING • Reorganized inspectors under ISD • Established Major Projects Review Team • Organized ISD, DPW and Planning & Development into Operations Depts. • Placed City staff on land use boards
II. Enable Thy Self CHELSEA BUSINESS AGENDA • Sector Strategy • Anchor Projects Program • Revolving Loan Fund • TIRE Business Program • Business Call Program
II. Enable Thy Self Sector Strategy • Airport-Related • Downtown Boston Business Supports • Back Office • Health Care • Food • Residential
II. Enable Thy Self Anchor Projects Program • Parkway Plaza (20 acres) • Chelsea Waterfront (100 acres) • Everett Ave Urban Renewal District (60 acres) • Mystic Mall (25 acres)
II. Enable Thy Self TIRE Business Program - EDIP • One-time, 5% state tax credit • Local property relief from 1-100% • 100% personal property tax relief • New Requirement – Interstate Commerce
II. Enable Thy Self Revolving Loan Fund • Local loan pool • MassDevelopment & other quasi-public supports • Strategic banking partnerships
II. Enable Thy Self Business Call Program • Meet individually with businesses • Address Chamber of Commerce • Network to reach other businesses, investors and developers
III. Network Thy Self • Brokers who know industry or community • Developers who have successfully developed in the community • Regional and State officials, including MOBD and MassDevelopment • Consultants • Media
IV. Praise Thy Self • Use every aspect of your development agenda as a reason to celebrate • Success begets success • Reputation is your goal • Both inside and outside strategy is necessary • Glossy brochures are nice, but a personal visit is even better!
Contact Jay Ash, City Manger City of Chelsea 500 Broadway Chelsea, MA 02150 617-466-4100 jash@chelseama.gov