BOSTONMAKEHISTORYHERE.

Boston Redevelopment Authority

Boston Redevelopmen

t Authority

PlanningJobs &

Community Services

Economic Development

Economic Initiatives

BRA created to promote investment and development in Boston.

1957

Boston Redevelopment Authority

1969

New Boston City Hall opens

1974

US Congress established Community Development Block Grant

1977

Boston Marine Industrial Park created to protect marine, industrial and related jobs

1986

Mayor’s office of Jobs & Community Services is created

1993

City council president Thomas M. Menino becomes Boston’s 53rd Mayor

2001

Mayor launches Back Streets

Mayor launches Life Tech & Onein3

200720052004

Mayor launches Create Boston & Boston Retail

Mayor launches Green Tech

Boston BusinessPrivate Sector Employment

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Boston Redevelopmen

t Authority

PlanningJobs &

Community Services

Economic Development

Economic Initiatives

Boston Redevelopment Authority

Economic Initiatives

Boston Retail

Back Streets

Create Boston

Green Tech

LifeTech Onein3

Boston Redevelopment AuthorityEconomic Initiatives

Economic Initiatives Mission

BRA's Economic Initiatives team implements and manages key economic sector projects to promote a strong economy in Boston.

• Work in partnership with neighborhood residents, business owners, community-based organizations, developers, and state and federal agencies.

City Liaison Financial

Incentives Policy Development Site

Finding

Economic Initiatives Tools

Permitting

Zoning

Educational Events

Outreach and Networking

City Liaison

Loans

Bonds

Tax incremental financing

Other

Financial Incentives

Business Improvements Districts

Neighborhood Strategic Plans

Policy for a Specific Sector

Workforce Development

Policy Development

City-owned Properties

Local Brokers

Strategic Partnerships

Site Finding

Site location assistance

Future Outlook

Enhance parking, infrastructure, transportation, “green” industrial areas and develop policy to protect existing industry

Enhance the pedestrian only zone, form a Business Improvement District and increase marketing and promotions.

Continue focus on video game industry, which is projected to be a $55 billion industry globally in 2011

Continue strong focus on ARRA funding to promote EE and RE for businesses in Boston

Facilitate development of life sciences commercial space. Connect small biotech with the venture community.

Continued focus on the

financial strength

and engagement

of Boston young

population, including increased

mentorship

THANK YOU!

Lisa Hemmerle, CPA (MA Lisc.)

Deputy Director of Economic Initiatives

Lisa.Hemmerle.BRA@CityofBoston.gov

617.918.4280