Holyoke City Progress Updates

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E Canal Walk Phase II Investment: $4.3 M Location: Race St. Construction: Now!

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Chestnut Park Ownership: Weld Management Investment: $20 Million Units: 54 in 4 buildings Construction: Now!

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Streetscape Improvements Investment: $2 Million + Location: Mosher, Main, Dwight, Front, Heritage streets Construction: Now through 2017

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Former Lynch School Property Owner: City of Holyoke selling to Frontier Development Use: Retail Status: Approved by City Council

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E Library Area Housing Rehab Investment: TBD Units: 55, mixed income Status: In planning Announcement: Spring 2014

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E Wauregan Building Owner: Scott Reilly Investment: $100,000+ Status: Renting now!

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Passenger Rail Platform Investment: $2.5 Million Location: Dwight + Main St. Construction: Summer 2014 Service start: Winter ‘14-’15

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Holyoke House Owner: Eric Taub Investment: TBD Status: Predevelopment Use: Market rate Housing rentals

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Gateway City Arts Owners: Lori Divine & Vitek Kruta Investment: Over $1 Million Status: Complete Assistance: 5 year TIF Use: Space for creative industries Square feet: Aprox. 60,000

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STEAM Building: Owners: GCA Group Investment: $1,000,000+ Status: Rehab in progress Use: Mixed use Square Feet: Aprox. 80,000 S sustainability T technology E entrepreneurship A arts M media

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Baustein Building (532 Main St.) Owners: Dirk & Susannah Auferoth Investment: Aprox. $500,000 Status: Rehab in progress Use: Mixed use Assistance: 5 year STA Square Feet: Aprox. 120,000

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Water Street Parcels Owner: Quantum Properties Use: Industrial or Commercial Status: Demo + site prep

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E Hampden & Pleasant St. Owner: HEDIC Use: Commercial/Mixed Status: Negotiating with Potential Developers

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E 276 High Street Owner: Pedro Morales Investment: TBD Status: Predevelopment Use: Mixed

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Holyoke Hotel Redevelopment Owner: 66 Holyoke, LLC Use: Commercial Retail Status: Master Plan permitted, tenant recruitment

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Victory Theatre Owners: MIFA Investment: $30 Million est. Status: Predevelopment, Recently awarded $250,000 MCC Grant Seats: 1,600 current

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CISCO Academies Entity: Cisco, HPS, MGHPCC Activity: Computer Network learning + certification Status: Launched Jan 2014

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“Brick” co-working company Collaborators: 11 Disciplines: 9 Square feet: 15,000

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Student Design Competition Entity: NESEA Activity: 4 energy-zero design challenges Status: Awards March 5th Universities: Yale, Harvard, BU, NU, UMass, others

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College Design Lab Entity: Conway School, 5 Colleges Activity: Architecture & Planning hub Status: First activities underway, CSLD scholarship program available

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Creative Arts Center Membership: 10% increase Rent: 14% decrease Donations: Aprox $30,000 Funding: $75,000 for economic development

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Events Type of events: Pop-ups, festivals, art installations, holiday shop, dining experiences, concerts

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Marine Reef Habitat Owner: Gerard Ramos Activity: Coral Reef Restoration and Retail

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Center City Housing Incentive Local exempt.: 100% - 10 years State: Up to $1 Million Units: 2 – 50

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Additional Liquor Licenses Amount: 13 Uses: Restaurants Fee: $10,000

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Façade Improvement Funding: $50,000 Awards: Up to $25,000 Match: $1 to $1

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SPARK Entity: Chamber of Commerce, City, Library, HFFPC, JUNTOS Activity: Social Venture Accelerator Awarded: $250,000 Launch: 2015

Education

Position Renewed by City Council

165k in Grants & Business Development Assistance to over 50 small business and

entrepreneurs

Canal Walk Extension, From Appleton Street To Dwight Street (Phase II),

Includes Rehab Of H-21-062

Bikeway & Bike Path Construction

Improvements and Related Work On I-91/Route 5/I-90 Connector Road

Highway Reconstruction

Minor Widening

Interstate Maintenance and Related Work On I-91

Resurfacing

Interstate Maintenance and Related Work On I-91 (Miles 10.5 To 15.0)

Resurfacing

Resurfacing and Related Work On Route 5, Mile 16.014 In Holyoke To Mile 20.427

In Easthampton (4.43 Miles) Resurfacing

1 2 3 4 5 6 70

100000

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400000

500000

600000

CDBG Spending by Ward