Baker-Polito Administration Announces Seaport Economic Council Funding for Fall River
Public infrastructure funds will advance the remediation and redevelopment of City Pier in Fall River
Boston – December 15, 2016 – Today the Baker-Polito Administration announced an award of $1 million in competitive Seaport Economic Council grant funding to the City of Fall River, to support the redevelopment of City Pier. The grant funding will advance the Administration’s commitment to growing the blue economy and supporting job creation in coastal cities and towns.
“Our administration is partnering with maritime communities to build stronger and more resilient local economies,” said Governor Charlie Baker. “By giving all the Commonwealth’s maritime communities -- from deepwater ports to small coastal communities -- new opportunities to build on their unique economic assets, we will fuel new growth, and open pathways to prosperity.”
“This funding commitment from the Seaport Economic Council, along with other grants our administration has already provided, will allow Fall River to realize its vision of redeveloping City Pier,” said Lieutenant Governor Karyn Polito, chair of the Seaport Economic Council. “This project will transform a former brownfield into an engine for new jobs and recreational opportunities. We are proud to partner with Mayor Correia, Fall River’s local leadership, and the city’s legislative delegation, to move this important local economic development initiative forward.”
Seaport Economic Council funding will allow Fall River to refurbish City Pier, a dilapidated and contaminated 4.5-acre parcel, and generate new private investment on the city’s waterfront. The $3.85 million project will construct new sheet piling and other pier and seawall infrastructure, and extend the public infrastructure needed to accommodate private investment on the pier. The public infrastructure will allow for the pier’s full environmental remediation, and allow a fully-permitted 125-slip marina, marine service center and restaurant development to advance.
In addition to $1 million in Seaport Economic Council grant funding, the Baker-Polito Administration is supporting the City Pier project through $1.6 million in MassWorks Infrastructure Program funding, and $600,000 in funding from the Brownfields Redevelopment Fund administered by MassDevelopment. The City of Fall River is contributing $650,000 in matching funds. The public infrastructure funding complements approximately $4 million in federal, state and local funds already invested in site remediation.
“Fall River’s City Pier redevelopment is an important component of the City’s broader plans to reestablish connections with the Taunton River, and promote maritime economic development,” said Deputy Secretary of Housing and Economic Development Carolyn Kirk. “We are confident that this project, along with the significant commitments to housing, transportation and economic development the Administration has made, will give the Fall River the tools the city needs to realize its full potential.”
“MassDevelopment is pleased to support the City Pier project via the Brownfields Redevelopment Fund, which helps to clean contaminated and challenging sites and return them to productive reuse,” said MassDevelopment President and CEO Marty Jones. “Brownfields funds will help Fall River leverage existing assets to spur investment, creating new employment opportunities in a Gateway City.”
“I am thrilled by this award, and am excited to partner with the Seaport Economic Council to continue the economic development momentum, and create business opportunities, on City Pier,” said Mayor Jasiel Correia. “I look forward to further work with Governor Baker, Lt. Governor Polito, and Secretary Ash to redevelop the waterfront and grow Fall River’s economy.”
“I am thankful for the Baker-Polito Administration’s commitment to the revitalization of the Fall River Waterfront, and willingness to work creatively with us to ensure the City Pier is able to move forward with its development,” said Senator Michael Rodrigues. “With the support of the Administration’s Seaport Economic Council, combined with the efforts of Secretary Ash and MassWorks, the City of Fall River is continuing to invest in its infrastructure and economic growth.”
“I want to thank the Baker-Polito Administration and the Seaport Economic Council for their commitment to the additional $1 million funding for this important City Pier project,” said Representative Carole Fiola. “We have worked hard collectively and appreciate their understanding of the need for this type of economic investment on our waterfront and in the city of Fall River”
“This funding will assist the City of Fall River in highlighting all the unique assets it possesses to make it a place of economic opportunity. The redevelopment of City Pier would not be possible without the valued partnerships between municipalities and the state of Massachusetts in order to spur economic growth throughout the Commonwealth,” said Representative Paul Schmid. “Thank you to the Baker-Polito Administration and the Seaport Economic Council for recognizing the potential of our city and I look forward to witnessing the revitalization.”
The Seaport Economic Council advances the Baker-Polito Administration’s support for communities and residents across the state by leveraging unique economic assets to drive sustainable regional growth. The council was re-launched in August 2015, with a mission to deepen the maritime economy, promote economic development, and support resilient infrastructure in all 78 of Massachusetts’ coastal communities while preparing them to engage with the challenges posed by sea level rise and increasingly powerful coastal storms. The council’s capital grant program supports working waterfronts, local tourism, coastal resiliency, and maritime innovation, from the North Shore to Cape Cod and the South Coast. The council reviews competitive grant applications on a rolling basis.