Planning Ahead in MA

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Executive Office of Housing and Economic Development
Department of Housing and Community Development

Published in: Government & Nonprofit
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Planning Ahead in MA

  1. 1. PLANNING AHEAD IN MASSACHUSETTS Executive Office of Housing and Economic Development Department of Housing and Community Development MAPD Conference June 5th, 2014
  2. 2. Old vs. New Strategy? Suzanne Kreiter/Globe
  3. 3. Innovation Economy
  4. 4. Attracting/Retaining Talent is Key
  5. 5. - 100,000 200,000 300,000 15 - 19 20 - 24 25 - 29 30 - 34 35 - 39 40 - 44 45 - 49 50 - 54 55 - 59 60 - 64 65 - 69 70 - 74 75 - 79 80 - 84 85 plus Age 2040, Status Quo Boomer Exodus from the Labor Force - 100,000 200,000 300,000 2010 In Labor Force Not In Labor Force - 100,000 200,000 300,000 2020, Status Quo Baby Boomers (born 1945 – 1970) comprise 49% of labor force One million workers now over the age of 40 will be retired by 2030 (39% of labor force) Existing population insufficient to fill vacant positions Baby Boomers Baby Boomers Baby Boomers
  6. 6. Lifestyle Shift?
  7. 7. New Economic Development Strategy Strong Mixed-Use Districts
  8. 8. Shift Away from Office Parks? Credit: Mark Hoffman Milwaukee Journal Sentinel
  9. 9. Urban Innovation Districts Kendall Square
  10. 10. “Urbanizing” Office Parks
  11. 11. Reinventing Strip Malls
  12. 12. Strengthening Town Centers Smart Growth America Case Study Downtown Hyannis—EPA award winner 2007
  13. 13. Marlborough—Forest Park Redevelopment includes: •  350 apartments •  125 hotel rooms •  730,000 sq. ft. of office & lab space, including Quest Diagnostic •  50,000 sq. ft. retail •  $1.6 million MassWorks grant for road, bike and pedestrian improvements
  14. 14. Thank you Department of Housing and Community Development 100 Cambridge Street, Suite 300 Boston, MA 02114 617-573-1100 Arthur Jemison Deputy Undersecretary DHCD Arthur.Jemison@state.ma.us

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