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Fairmount Small Business Initiative August 2012
Supporting small business- creating jobs— building community
The Fairmount Collaborative is a nationally recog-
nized development effort that is bringing over $300
million of investment to the Dorchester, Mattapan, and
Hyde Park neighborhoods of Boston to improve public
transportation, develop quality housing, increase access to
retail goods and services, create jobs and improve open
space.
A major focus of this effort is the Fairmount Small Business
Initiative, which is working to maximize business
opportunities and create jobs as an integrated part of
the investment strategy.
The Fairmount Initiative is a collaboration of Dorchester Bay Eco-
nomic Development Corp, Codman Square Neighborhood Develop-
ment Corp, and Southwest Boston Community Development Corp.
Combined, these organizations have developed more than
1,400 homes and 250,000 SF of commercial space, and sup-
ported thousands of working families to find quality housing, get
a job, start a business, secure a loan, access child care, and im-
prove their communities.
The Fairmount Small Business Initiative will:
 Develop new neighborhood-scale retail near transit stations;
 Prioritize retail leasing to small and locally-owned businesses;
 Focus on leasing to businesses that improve access to goods and services, encourage
pedestrian activity, and maximize job creation;
 Provide one-on-one business support for qualifying businesses to assist in creating a
business plan, designing and renovating space, or securing permits and approvals;
 Provide flexible loan capital and assistance securing loans for fit-out;
 Offer referrals for free and low-cost legal services;
 Provide access to LaunchPad, an initiative to subsi-
dize implementation of broadband technologies;
 Coordinate with local training programs to connect
residents to job opportunities; and
 Prioritize local and minority hiring and contracting for
all construction projects.
Big opportunity for small business
in an often overlooked and underserved market!
The 9-mile Fairmount rail corridor is home to over 110,000 people who live within walking
distance of the commuter stations. Based on market analysis from Fine Point Associates,
there are major gaps in the commercial market up and down the line, with hundreds of
millions of dollars “leaking” out of the neighborhoods due to a lack of basic retail services.
In Uphams Corner, well over
$30 million is spent each year
by residents who live within 1
mile of the central business
district outside of the
neighborhood.
In Four Corners, residents
living within just 1/2 mile of the
main business district spend
more than $44 million outside
the neighborhood each year.
Residents living within a 1-mile
radius spend nearly $100
million a year outside the area.
This retail “leakage” repre-
sents tremendous opportunity
for local businesses to fill
these retail service gaps and
keep more money in the neigh-
borhood.
In particular, there is strong
demand for restaurants,
specialty foods, clothing,
housewares, electronics, and
convenience shopping.
To learn more about the Fairmount Small Business Initiative, contact:
Jen Faigel, Fairmount Collaborative economic development consultant
857-231-1863 or jenfaigel@gmail.com
Fairmount Corridor
active commercial projects
This map identifies each of
the Fairmount commuter
rail stations, and places a
RED STAR at locations of
commercial projects in
active development or cur-
rently available.
The pages that follow out-
line each of these starred
projects.
To learn more, contact:
Jen Faigel,
Fairmount Initiative Economic
Development consultant
857-231-1863
jenfaigel@gmail.com
The Fairmount Initiative will improve the lives of the more than 110,000 people
living along the 9-mile rail corridor by:
 Investing more than $300 million in infrastructure and new development;
 Creating more than 850 new jobs;
 Building or preserving over 1,500 homes within a half-mile of transit stations;
 Constructing or renovating over 800,000 SF of retail and commercial space;
 Constructing a 6-mile green corridor of linked parks and open space, and
improve biking and pedestrian access.
The Fairmount Initiative is a project of:
 Dorchester Bay Economic Development Corp.
 Codman Square Neighborhood Development Corp.
 Southwest Boston Community Development Corp.
157 Washington St– new retail across
from the Four Corners commuter rail station
Now leasing 2,000 SF
new construction retail space;
great restaurant location!
 High visibility location in the busy Four Corners business district, 2 blocks from Columbia
Rd, near the Franklin Park zoo;
 Open floor plan with high ceilings & outdoor patio seating;
 Across the street from the new Four Corners rail station now in construction– projected to
average 1,000 boardings/day;
 Ideal location for restaurant, cafe, or retail goods;
 Rent $12/SF NNN;
 Available October 2012!!!
Dorchester Arts Collaborative will be leasing adjacent
space to operate a community arts center, with daily
classes, art shows, public events, and live performances
to complement their work running Dorchester Open Stu-
dios, and providing built-in marketing for the available
space right next door!
Lithgow building– 2,300 SF in Codman Square
624-626 Washington Street is a high profile, historic
building located at the busy intersection of Talbot Ave.
and Washington Street in the heart of Codman Square.
Site is located within walking distance of the Talbot Ave commuter rail and the Ashmont red line, near
the Codman Square Health Center and Dorchester Courthouse. Site is ideal for retail uses, such as
restaurant, clothing, housewares, or specialty foods, or business service use such as a medical office.
Colpitts Building– 4,000 SF on New England
Ave., just 1 block from the Talbot Ave rail station
 2-story historic former blacksmith shop
 Ideal location for
offices, light manu-
facturing, or artist
workspace
 Loading docks with
overhead doors
 Plenty of off-street
parking
594 Columbia Rd.- anchoring the
Uphams Corner cultural district
 Entire ground floor— up to 4,400 SF of retail
space available in early 2013;
 Located at the busy intersection of Columbia Rd. &
Dudley St, just 2 blocks from the Uphams Corner
commuter station and the $100m Kroc Center, and
down the street from the historic Strand Theater;
 @ 55k people live within 1 mile of the site;
 over $24m of potential restaurant-related sales and conven-
ience shopping being spent outside of the neighborhood;
 Major City planning effort under way to improve traffic flow
and pedestrian access and encourage activity in the district;
 Plenty of nearby parking and on several major bus routes;
 Rent $12-15/SF NNN; sub dividable;
 Fit-out financing available
259 Quincy St.– in the heart of the $75 million Quincy Corridor
 22,000 SF now available at the intersection of Quincy and Ceylon St, just one block from
Columbia Rd.
 Building is a vacant 2-story metal and cement block building with multiple loading docks
and @ 18’+ ceilings.
 With its open floor plan, off-street parking, loading, and easy access, the property is an
ideal location for light manufacturing, artist workspace, educational or recreational uses.
Dorchester Bay EDC is able to offer sub-
stantial design, permitting, and financing
support for a business interested in locat-
ing here that brings jobs and/or services to
the neighborhood.
259 Quincy Street is an integral part of Dorchester
Bay EDC’s Quincy Corridor Initiative, which is
bringing more than $75m to the Grove Hall neigh-
borhood over the next 3 years.
196 Quincy St.– Bornstein & Pearl Food Production
Facility and Small Business Center
Dorchester Bay EDC and CropCircle Kitchen are teaming up to create
a 36,000 SF shared-use and multi-tenant food production facility on
Quincy Street, between Blue Hill Ave. and Columbia Rd.
The building will include:
 A fully-equipped shared-use commercial kitchen for hourly rental;
 A separate, shared-use food truck kitchen;
 monthly cold and dry storage rental;
 Separately leased commercial kitchen
space for 6-8 small-scale producers;
 Shared offices, meeting areas, lockers,
and bathrooms;
 Multiple loading docks with easy off-street
parking.
In total, this $11.5 m redevelopment will sup-
port 50+ food production businesses and
create more than 80 new full-time jobs within
the first 3 years of operation.
Renovations should begin by fall of 2012,
and ready for occupancy by spring 2013.
195 Bowdoin Street- new construction retail & office space
Dorchester Bay EDC is planning to build a new
2-story, 14k SF commercial building at 195
Bowdoin Street, on the corner of Bowdoin and
Topliff.
The vacant site is located in the heart of the
Bowdoin-Geneva neighborhood, just across the
street from the Bowdoin-Geneva Health Center,
and walking distance of the new Four Corners
Commuter Rail Station, set to open in 2013.
DBEDC is actively looking for retail
businesses, including grocers, finan-
cial banks, restaurants, and retail
goods for the ground floor plus of-
fice, fitness or similar uses for the
upper floors. Construction is
expected in 2013.
Fairmount
Commuter
Rail
Corridor
Initiative
Bringing smart growth,
transit equity &
economic development
to the neighborhoods of
Dorchester, Mattapan,
and Hyde Park.
A project of
Dorchester Bay Economic
Development Corp.,
Codman Square Neighborhood
Development Corp.,
&
Southwest Boston CDC

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fairmount biz handout 8-16-12

  • 1. Fairmount Small Business Initiative August 2012 Supporting small business- creating jobs— building community The Fairmount Collaborative is a nationally recog- nized development effort that is bringing over $300 million of investment to the Dorchester, Mattapan, and Hyde Park neighborhoods of Boston to improve public transportation, develop quality housing, increase access to retail goods and services, create jobs and improve open space. A major focus of this effort is the Fairmount Small Business Initiative, which is working to maximize business opportunities and create jobs as an integrated part of the investment strategy. The Fairmount Initiative is a collaboration of Dorchester Bay Eco- nomic Development Corp, Codman Square Neighborhood Develop- ment Corp, and Southwest Boston Community Development Corp. Combined, these organizations have developed more than 1,400 homes and 250,000 SF of commercial space, and sup- ported thousands of working families to find quality housing, get a job, start a business, secure a loan, access child care, and im- prove their communities. The Fairmount Small Business Initiative will:  Develop new neighborhood-scale retail near transit stations;  Prioritize retail leasing to small and locally-owned businesses;  Focus on leasing to businesses that improve access to goods and services, encourage pedestrian activity, and maximize job creation;  Provide one-on-one business support for qualifying businesses to assist in creating a business plan, designing and renovating space, or securing permits and approvals;  Provide flexible loan capital and assistance securing loans for fit-out;  Offer referrals for free and low-cost legal services;  Provide access to LaunchPad, an initiative to subsi- dize implementation of broadband technologies;  Coordinate with local training programs to connect residents to job opportunities; and  Prioritize local and minority hiring and contracting for all construction projects.
  • 2. Big opportunity for small business in an often overlooked and underserved market! The 9-mile Fairmount rail corridor is home to over 110,000 people who live within walking distance of the commuter stations. Based on market analysis from Fine Point Associates, there are major gaps in the commercial market up and down the line, with hundreds of millions of dollars “leaking” out of the neighborhoods due to a lack of basic retail services. In Uphams Corner, well over $30 million is spent each year by residents who live within 1 mile of the central business district outside of the neighborhood. In Four Corners, residents living within just 1/2 mile of the main business district spend more than $44 million outside the neighborhood each year. Residents living within a 1-mile radius spend nearly $100 million a year outside the area. This retail “leakage” repre- sents tremendous opportunity for local businesses to fill these retail service gaps and keep more money in the neigh- borhood. In particular, there is strong demand for restaurants, specialty foods, clothing, housewares, electronics, and convenience shopping. To learn more about the Fairmount Small Business Initiative, contact: Jen Faigel, Fairmount Collaborative economic development consultant 857-231-1863 or jenfaigel@gmail.com
  • 3. Fairmount Corridor active commercial projects This map identifies each of the Fairmount commuter rail stations, and places a RED STAR at locations of commercial projects in active development or cur- rently available. The pages that follow out- line each of these starred projects. To learn more, contact: Jen Faigel, Fairmount Initiative Economic Development consultant 857-231-1863 jenfaigel@gmail.com The Fairmount Initiative will improve the lives of the more than 110,000 people living along the 9-mile rail corridor by:  Investing more than $300 million in infrastructure and new development;  Creating more than 850 new jobs;  Building or preserving over 1,500 homes within a half-mile of transit stations;  Constructing or renovating over 800,000 SF of retail and commercial space;  Constructing a 6-mile green corridor of linked parks and open space, and improve biking and pedestrian access. The Fairmount Initiative is a project of:  Dorchester Bay Economic Development Corp.  Codman Square Neighborhood Development Corp.  Southwest Boston Community Development Corp.
  • 4. 157 Washington St– new retail across from the Four Corners commuter rail station Now leasing 2,000 SF new construction retail space; great restaurant location!  High visibility location in the busy Four Corners business district, 2 blocks from Columbia Rd, near the Franklin Park zoo;  Open floor plan with high ceilings & outdoor patio seating;  Across the street from the new Four Corners rail station now in construction– projected to average 1,000 boardings/day;  Ideal location for restaurant, cafe, or retail goods;  Rent $12/SF NNN;  Available October 2012!!! Dorchester Arts Collaborative will be leasing adjacent space to operate a community arts center, with daily classes, art shows, public events, and live performances to complement their work running Dorchester Open Stu- dios, and providing built-in marketing for the available space right next door! Lithgow building– 2,300 SF in Codman Square 624-626 Washington Street is a high profile, historic building located at the busy intersection of Talbot Ave. and Washington Street in the heart of Codman Square. Site is located within walking distance of the Talbot Ave commuter rail and the Ashmont red line, near the Codman Square Health Center and Dorchester Courthouse. Site is ideal for retail uses, such as restaurant, clothing, housewares, or specialty foods, or business service use such as a medical office. Colpitts Building– 4,000 SF on New England Ave., just 1 block from the Talbot Ave rail station  2-story historic former blacksmith shop  Ideal location for offices, light manu- facturing, or artist workspace  Loading docks with overhead doors  Plenty of off-street parking
  • 5. 594 Columbia Rd.- anchoring the Uphams Corner cultural district  Entire ground floor— up to 4,400 SF of retail space available in early 2013;  Located at the busy intersection of Columbia Rd. & Dudley St, just 2 blocks from the Uphams Corner commuter station and the $100m Kroc Center, and down the street from the historic Strand Theater;  @ 55k people live within 1 mile of the site;  over $24m of potential restaurant-related sales and conven- ience shopping being spent outside of the neighborhood;  Major City planning effort under way to improve traffic flow and pedestrian access and encourage activity in the district;  Plenty of nearby parking and on several major bus routes;  Rent $12-15/SF NNN; sub dividable;  Fit-out financing available 259 Quincy St.– in the heart of the $75 million Quincy Corridor  22,000 SF now available at the intersection of Quincy and Ceylon St, just one block from Columbia Rd.  Building is a vacant 2-story metal and cement block building with multiple loading docks and @ 18’+ ceilings.  With its open floor plan, off-street parking, loading, and easy access, the property is an ideal location for light manufacturing, artist workspace, educational or recreational uses. Dorchester Bay EDC is able to offer sub- stantial design, permitting, and financing support for a business interested in locat- ing here that brings jobs and/or services to the neighborhood. 259 Quincy Street is an integral part of Dorchester Bay EDC’s Quincy Corridor Initiative, which is bringing more than $75m to the Grove Hall neigh- borhood over the next 3 years.
  • 6. 196 Quincy St.– Bornstein & Pearl Food Production Facility and Small Business Center Dorchester Bay EDC and CropCircle Kitchen are teaming up to create a 36,000 SF shared-use and multi-tenant food production facility on Quincy Street, between Blue Hill Ave. and Columbia Rd. The building will include:  A fully-equipped shared-use commercial kitchen for hourly rental;  A separate, shared-use food truck kitchen;  monthly cold and dry storage rental;  Separately leased commercial kitchen space for 6-8 small-scale producers;  Shared offices, meeting areas, lockers, and bathrooms;  Multiple loading docks with easy off-street parking. In total, this $11.5 m redevelopment will sup- port 50+ food production businesses and create more than 80 new full-time jobs within the first 3 years of operation. Renovations should begin by fall of 2012, and ready for occupancy by spring 2013. 195 Bowdoin Street- new construction retail & office space Dorchester Bay EDC is planning to build a new 2-story, 14k SF commercial building at 195 Bowdoin Street, on the corner of Bowdoin and Topliff. The vacant site is located in the heart of the Bowdoin-Geneva neighborhood, just across the street from the Bowdoin-Geneva Health Center, and walking distance of the new Four Corners Commuter Rail Station, set to open in 2013. DBEDC is actively looking for retail businesses, including grocers, finan- cial banks, restaurants, and retail goods for the ground floor plus of- fice, fitness or similar uses for the upper floors. Construction is expected in 2013.
  • 7. Fairmount Commuter Rail Corridor Initiative Bringing smart growth, transit equity & economic development to the neighborhoods of Dorchester, Mattapan, and Hyde Park. A project of Dorchester Bay Economic Development Corp., Codman Square Neighborhood Development Corp., & Southwest Boston CDC