This Economic Analysis and Planning Report, commissioned by the Executive Office for Administration and Finance (A&F), and conducted by the Pinnacle Advisory Group, was initiated in July 2024. Research and analysis were completed by October 2024.
The objective of this study is to provide A&F with an independent, comprehensive assessment of the Massachusetts Convention Center Authority (MCCA). This assessment involved in-depth reviews and analysis of key issues involving all MCCA facilities with attention to financial performance, bench marking, competitiveness, capital planning, sustainability and decarbonization, climate resilience, community engagement, emergency response and transportation. The findings and recommendations developed by Pinnacle provide options that can be considered by A&F and the MCCA Board and its executive leadership in developing an updated strategic vision for these vital assets.
Pinnacle found that there are tradeoffs among the findings outlined in this analysis, particularly in considering the relative merits of expansion options for the Boston Convention and Exhibition Center (BCEC) and how the parcels under the control of the MCCA in the Boston Seaport are linked to decisions about BCEC’s future. The analysis is intended to aid state, municipal and convention center officials, as well as their business and community partners, in weighing these factors, and to help them strengthen relationships across government so that MCCA’s priorities are aligned with broader strategies for economic development.
A&F thanks the Pinnacle Advisory team, and all the parties that participated in doing this important work.