City of Methuen Master Plan

Methuen Master Plan 2007
ECONOMIC DEVELOPMENT
Goal ED-1: Strengthen the City’s fiscal stability and stabilize its tax base through sustainable growth.
ED-4.1: Amend the City’s land use regulations to “expand” the downtown central
business district as well as allowing increased mixed use density (building height
and intensity of use) in the downtown.
same as strategy 2 2009-
2010
Community
Development Board;
City Council
ED-1.2: Pursue redevelopment of underutilized sites along commercial corridors
(Route 110 [Haverhill Street], Route 113, 28, Pelham Street, and Pleasant Street at
Jackson Street) and throughout commercially-zoned areas. Consider specific sites
such as former Fox Nissan building on Pelham Street, the Gleason Street brownfield
remediation site, Barrett Warehouse on Chase Street, Fram’s Auto on Merrimack
Street.
same as strategy 2 on-going Dept. of Econ. &
Comm. Dev.
Goal ED-2: Provide strategies that will increase the potential for commercial, retail and industrial development to locate in
Methuen.
ED-2.1: Consider acquiring or expanding an existing business park, or develop a
new business park. Emphasis should be placed on developing “shovel-ready”, prepermitted
sites as an incentive to attract light industrial, warehouse/distribution,
office, and health service end-users.
• Form business
park working
group
• Establish site
selection criteria
• Consider tools
like TIF, DIF,
and 43D districts
to foster
development
1 2007-
2010
Dept. of Econ. &
Comm. Dev.; City
Council
Page 166