New Bedford 2020 - VHB.com

A City Master Plan New Bedford 2020Jobs and BusinessGoal and Objectives Responsible Party Timeframe Notes1. Expand and secure recent success in developing emerging technology sectors, such as marine science and technology,alternative energy, medical devices, biotech manufacturing, and creative enterprisesa. Target off-shore wind as an anchor use for a maritimeterminal facilityNBEDC Short-Term Continue current efforts to beginconstruction for south terminalsite.b. Continue to vigorously pursue target sectors that are agood fit for New Bedford by building relationships withindustry leaders and policy makersc. Support and encourage the shift of traditionalbusinesses toward green product installation,manufacturing, and serviced. Strengthen partnerships with state and federal agenciesthat have a direct impact on supporting emergingbusinesses in emerging sectorsNBEDCNBEDCMayor, NBEDCOngoingOngoingOngoinge. Target public infrastructure investment and businessincentives toward emerging sectorsDPI, NBEDC Ongoing Close coordination w/ stateagencies required.2. Enact a comprehensive 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 commercial tax base and create jobsa. Conduct a space needs/site requirement analysis foremerging sector manufacturingb. Identify brownfield sites throughout the city andprioritize those with the highest economic developmentpotential or those that are a threat to public health andthe environment for assessment and remediationc. Develop a business model that targets developmentopportunities at the New Bedford Regional AirportNBEDC,Planning Office,MISNBEDC, EnvironmentalStewardshipNBEDC, AirportShort-TermShort-TermShort-Termd. Identify former textile mill structures and otherunderperforming industrial sites throughout the citywith the highest economic development potentialNBEDC Short-Term Engage the support ofMassDevelopmente. Develop an implementation strategy to market,remediate, and incentivize the development of targetedpriority sitesNBEDCShort-term3. Continue to foster sustainable development projects that have the ability to catalyze economic growth within targetedneighborhood, commercial, and development districts through both jobs created during construction and the creation ofpermanent jobs for New Bedford citizensa. Provide sound planning, analysis, and critical data fortargeted development districts and land use types andproactively market such districts and development sitesb. Target public infrastructure investment and businessincentives toward sustainable and catalyticdevelopment projects within targeted districts, such asbrownfields and sites identified in completed strategicplanning effortsNBEDC,Planning OfficeNBEDC, DPI,EnvironmentalStewardship,Planning OfficeOngoingOngoingc. Advocate for state legislation that will bringcompetitive advantage to the development ofbrownfield sites, historic buildings, and targeteddevelopment districtsMayor, NBEDC Short- term Explore partnerships w/ othergateway citiesWork Plan13-5