Develop Thy Self

Chelsea’s Economic Development Outreach Model

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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?

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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 3

II. Enable Thy Self

CHELSEA BUSINESS AGENDA

1. Sector Strategy 2. Anchor Projects Program 3. Revolving Loan Fund 4. TIRE Business Program 5. Business Call Program 4

II. Enable Thy Self

Sector Strategy

• Airport-Related • Downtown Boston Business Supports • Back Office • Health Care • Food • Residential 5

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) 6

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 7

II. Enable Thy Self

Revolving Loan Fund

• Local loan pool • MassDevelopment & other quasi-public supports • Strategic banking partnerships 8

II. Enable Thy Self

Business Call Program

• Meet individually with businesses • Address Chamber of Commerce • Network to reach other businesses, investors and developers 9

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 10

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!

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Contact Jay Ash, City Manger City of Chelsea 500 Broadway Chelsea, MA 02150 617-466-4100 [email protected]

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