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Community
Economic Development
The Rhode
Island Foundation recognized the potential for revitalization
of “DownCity” in Providence, an area designated as
the Arts and Entertainment District and the only central business
district in the country to be listed on the National Register of
Historic Places. Community Partners’ strategic plan for the
Rhode Island Foundation created a plan for action establishing
the DownCity Partnership, a non-profit organization investing $9
million to revitalize this emerging neighborhood in the downtown.
Community Partners’ strategic plan for the Rhode Island Foundation
led to the implementation of a multi-million dollar Program-Related
Investment in “DownCity” in Providence.
- The Bidwell Training
Center sought creative employment opportunities for low-income residents
of Pittsburgh, drawing upon
their business training
and development experience. The resulting Harbor
Gardens Greenhouse specializing in growing orchids offers employment for low-income residents
in Pittsburgh.
- The business plan and
funding proposal resulted in $275,000 of grant funds and conversion
of an historic church in Boston into
the Jorge Hernandez
Cultural Center for Inquilinos Boricuas en Acción, a community
development corporation.
- The
Chinese Economic Development Corporation needed
expanded space for emerging businesses, teaching English
as a second language, and
employment opportunities. The business plan resulted in $300,000 in federal
grant funds for a business incubator and creation of a job-training
center in
the heart of Boston’s Chinatown.
- The grant proposal prepared
on behalf of the Harlem Commonwealth
Council was ranked number
one nationally and resulted in $900,000 in
federal grant funds, leading to development of a $25 million shopping mall.
- The
closing of several military installations in Massachusetts causes
several unemployment and economic distress for the localities.
As Deputy Director of the Massachusetts Government
Land Bank, Bacow served
as project manager
for redevelopment of the former 4700 acre Westover Air
Force Base in Chicopee and the 88-acre Chelsea Naval Hospital for housing
and related
mixed-use
activity.
- The
Urban Redevelopment Authority of Pittsburgh sought a viable reuse of the123-acre waterfront
site of a former steel
mill. The socio-economic
and market study evaluated the industrial, commercial,
residential, and recreational uses of the waterfront site, including the potential
impact
of riverboat gambling.
- A consortium of small
farmers organized in a community-based enterprise needed to expand
their tropical fruit
processing plant
in Puerto Rico. The financial analysis and feasibility study of the for Federation
for
the Agro-Industrial Development of Puerto Rico led
to increased operations and business opportunity.
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Strategic
Plan for DownCity spurs revitalization
Aerial View of Pittsburgh
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