Salem February 13, 2013 MassINC Gateways Cities in the New Economy.

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Presentation transcript:

Salem February 13, 2013 MassINC Gateways Cities in the New Economy

 Gateways to economic activity in their metro areas as well as the larger Northeast region  Gateways to the middle class for generations of families climbing the economic ladder  Gateways to educational, cultural, and other major institutions 1. Gateway Cities matter

2. Gateway Cities are a clear and compelling economic opportunity marketshousing infrastructurepeople

3. Tech economy is concentrating growth High-tech company

 Gateway Cities have not had the resources or capacity to respond  Federal policy has devolved responsibility without giving cities adequate tools  State policy has focused heavily on the Greater Boston tech economy 3. Tech economy is concentrating growth

Gateway City mayors and managers compact signing, June 2008

Median Household Income, 2011Percent with BA or higher, 2011 Under M.G.L. c. 23A section 3A, a Gateway City is defined as a municipality with: Population greater than 35,000 and less than 250,000 Median household income below the state average Rate of educational attainment of a bachelor’s degree or above that is below the state average

Legislative Programs  Business incentives (EDIP)  Market-rate housing development (HDIP)  MassWorks grants Administrative Action  Gateways Planning grant  Gateways Park grant  MassWorks grants Gateway Cities legislative caucus Governor Patrick calling for Gateway City education agenda

State Investment in Salem to Date through Gateway City programs ProgramProjectAward Economic Development Incentive ProgramUnited States Biological Corporation$150,000 Economic Development Incentive ProgramGT Crystal Systems, LLC$659,396 Gateway Plus Action Planning GrantBridge Street Neck Revitalization Plan$75,000 Gateway City Park GrantSplaine Park$420,946 Gateway City Park GrantFurlong Park$350,000 Gateway Cities Education GrantFour-week university-based program for ELL students$128,227 Total $1,783,569

EDUCATION TRANSPORTATION TRANSFORMATIVE REDEVELOPMENT Gateway Cities Innovation Institute