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New Bedford 2020 - VHB.com

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A City Master Plan <strong>New</strong> <strong>Bedford</strong> <strong>2020</strong>A well established economic development strategy is now in place that has shown tangible results during the pastfive years. The city’s recent momentum has established a solid foundation for future growth that builds upon itscoastal location, preserves its historic legacy, and expands cultural and workforce opportunities. While much hasbeen ac<strong>com</strong>plished, it is critical to continue this strategic approach to build on and sustain recent success.Jobs and Business Goals1. Expand and secure recent success in developing emerging technology sectors, such as marine science andtechnology, alternative energy, medical devices, biotech manufacturing, and creative enterprises2. Enact a <strong>com</strong>prehensive development strategy that links underperforming and potential development sites, such asbrownfields, business park sites, and historic mills throughout the city with opportunities for emerging sectordevelopment to increase and stabilize the <strong>com</strong>mercial tax base and create jobs3. Continue to foster sustainable development projects that have the ability to catalyze economic growth withintargeted neighborhood, <strong>com</strong>mercial, and development districts through both jobs created during construction andthe creation of permanent jobs for <strong>New</strong> <strong>Bedford</strong> citizens4. Increase support and services to existing and small businesses that strengthen pedestrian-friendly neighborhood<strong>com</strong>mercial districts throughout the city and create new job opportunities for <strong>New</strong> <strong>Bedford</strong> families5. Support traditional harbor industries, including fishing and seafood processing, while capturing new opportunitiesto diversify the Port’s economy in sectors, such as short sea shipping, alternative energy, tourism, and recreationalboating6. Develop the creative economy and cultural tourism as a leading edge growth sector7. Provide workforce development and training that aligns with emerging growth sectors8. Continue to foster a transparent and efficient business-friendly environment9. Enhance and further develop current efforts of the City to <strong>com</strong>municate a positive message for economic growthopportunities that will continue to build on our momentum and tell our story—<strong>New</strong> <strong>Bedford</strong> is a good place inwhich to invest, do business, visit, and raise a family10. Develop greater management capacity to more rapidly advance projects and economic development initiativesNeighborhoods and HousingHousing is the most prevalent land use in <strong>New</strong> <strong>Bedford</strong>, and its cost and availability are critical <strong>com</strong>ponentsdefining the character of the city. The age and condition of a significant portion of the housing stock is of concern,especially in light of the national foreclosure crisis currently affecting the <strong>com</strong>munity. Moving forward, <strong>New</strong><strong>Bedford</strong> must strive to provide safe, vibrant, sustainable neighborhoods that offer a multitude of uses, including:affordable, quality housing choices; good schools; walkable streets; proximity to open space, parks andplaygrounds; and small, local businesses that provide the opportunity to shop for goods, such as groceries, bakedgoods, and newsstands as well as provide services, such as hair salons, tailors, and dry cleaners.Our vision is a city <strong>com</strong>prised of small village-like settings, each with their own distinct historic and culturalfabric that create dynamic neighborhoods where people meet on the street, buy local goods, and enjoy theexperiences of their <strong>com</strong>munity.Executive SummaryS-3

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