Baker-Polito Administration Celebrates Revitalization Projects in Plymouth
Lieutenant Governor Celebrated Two MassWorks Awards in Plymouth
Plymouth, MA – June 1, 2017 – Today, Lt. Governor Karyn Polito was joined by local officials to celebrate the advancement of two significant projects in Plymouth at the the ribbon cutting ceremony for the newly reconstructed T Wharf and groundbreaking at Cordage Park. These two projects received a combined $4 million in MassWorks funding during the 2015 awards round.
The reconstruction and reopening of T Wharf in Plymouth Harbor will allow for substantial economic growth for the region’s blue economy. With a MassWorks award of $2 million and $1.25 million in local funding, the new wharf will support the 200 to 300 jobs already generated by activities in Plymouth Harbor and allow for expansion of current businesses and creation of new ones, including a potential 100-acre aquaculture farm.
The development of Plymouth’s Cordage Park, an underutilized 57-acre site, had been previously stalled following the town’s adoption of 40R Smart-Growth zoning in 2007. With a $2 million MassWorks award to support the creation of Loring Boulevard, full redevelopment of the parcel is moving forward. The first phase of revitalization efforts will result in 150 units of housing and 20,000 square feet of retail space on North Plymouth’s waterfront. Completion of the project’s multi-phase development will bring 675 new units of housing to the town, as well as over 30,000 square feet of retail space and over 20,000 square feet of office space, with restaurants, a club-house and a 300-slip marina.
“Today Plymouth has a great deal to celebrate, and our administration is proud to collaborate with local partners to lift up the town’s vision for the future,” said Governor Charlie Baker. “Through strategic investments, MassWorks gives our cities and towns more resources to grow local economies, attract private investments and provide residents with new job opportunities.”
“Plymouth continues to succeed after 400 years because of the town’s commitment to reinvention and revitalization of their assets,” said Lieutenant Governor Karyn Polito. “These projects leverage local, state and private resources to support the region’s blue economy and create new opportunities along Plymouth’s spectacular waterfront.”
“These two projects are pushing forward an exciting vision for Plymouth’s future,” said Housing and Economic Development Secretary Jay Ash. “Together, they support Plymouth’s long-term economic driver, the blue economy, and create spaces for new economic opportunities for the town, through new mixed-use development.”
The MassWorks Infrastructure Program provides public infrastructure funding to shovel-ready projects that generate new private investment in housing production and job creation. Since its inception in 2011, the MassWorks Program has invested over $418 million through competitive grant rounds, in 215 projects throughout the Commonwealth. The 2016 competitive grant round awarded $85 million to 34 projects in 33 communities.
In August 2016, Governor Baker signed An Act Relative to Job Creation and Workforce Development (H.4569) to reauthorize MassWorks and support $500 million of future investment in critical infrastructure, a significant commitment by the Commonwealth. The Baker-Polito Administration has increased MassWorks funding by $35 million over the past two fiscal years, investing $168 million for 82 projects across 69 communities.