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Eric Rosengren, President of the Boston Federal Reserve Bank, addressed the Chamber this morning.
Five take-aways worth highlighting:
If you would like to download the presentation, click here.
 FOR IMMEDIATE RELEASE
ROCKLAND, MA, ISSUED AUGUST 4, 2020….The South Shore Chamber of Commerce (www.southshorechamber.org), is pleased to announce a partnership with the Metropolitan Area Planning Council (MAPC) to analyze key development opportunities on the South Shore with a $75,000 grant from MassDevelopment and $25,000 from the South Shore Chamber’s Economic Development Corporation. The Chamber will work with MAPC to conduct a high-level assessment of water and wastewater supply and demand dynamics for a number of potential growth areas in the South Shore region. This will include parts of the city of Weymouth and towns of Hanover, Hingham, Norwell and Rockland. This assessment will help to determine where water and wastewater infrastructure could be expanded to allow for more commercial and residential development. The grant is part of over $3.6 million allocated to projects in the fourth annual round of the Site Readiness Program awards. These awards provide vital resources to municipalities, private-sector businesses and nonprofit economic development entities to help overcome obstacles to developing otherwise prime locations. The program aims to boost Massachusetts’ supply of large, well-located, project-ready sites; accelerate private-sector investment in industrial and commercial projects; and support the conversion of abandoned sites and obsolete facilities into clean, actively used, tax-generating properties. “We are proud to partner with MAPC in their mission to promote smart growth and regional collaboration across the South Shore,” said Peter Forman, President and CEO of the South Shore Chamber of Commerce. “The work they do is essential for the region and is a perfect complement to our ongoing comprehensive economic and community development plan South Shore 2030.” “MAPC looks forward to building on the regional planning work that we’ve already completed with the South Shore Chamber, municipal leaders, and the private sector to facilitate thoughtful development on the South Shore,” said Betsy Cowan, Chief of Economic Development at MAPC and the coordinator for the agency’s South Shore Coalition subregion. “We know that infrastructure constraints affect development on the South Shore, and we see this as an opportunity to identify shared solutions to unlock the full potential of the region. We are grateful for the continued leadership of the South Shore Chamber and look forward to this partnership. About the South Shore Chamber of Commerce The South Shore Chamber of Commerce has long been recognized throughout the state as one of the most active and forceful advocates for the business community and numbers among the larger Chambers of Commerce nationally. The South Shore Chamber is a not-for-profit association of businesses in the communities south of Boston. It is committed to helping its members grow their businesses and to improve the business climate in the region. Members range in size from major international corporations headquartered on the South Shore to small local firms and sole proprietorships. For additional information on the Chamber, please visit www.southshorechamber.org or call 781-421-3900. About the Metropolitan Area Planning Council The Metropolitan Area Planning Council (MAPC) is the regional planning agency serving the people who live and work in the 101 cities and towns of Greater Boston. MAPC’s mission is promoting smart growth and regional collaboration. Learn more and read our blog at www.mapc.org, and follow MAPC on Twitter and Facebook @MAPCMetroBoston. Contact: [email protected] Contact: [email protected] Media: Jim Farrell, PR First, 781-681-6616, [email protected]
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