Economic Development and Asset Building

Goal: To advance innovative strategies that strengthen asset and wealth creation pathways for residents including credit enhancement and home ownership.

TACC identifies specific and achievable public policies to stimulate business attraction and job growth as well as short- and long-term approaches that can strengthen local business ecosystems within retail, commercial, and industrial districts.

Recent Projects

Upham’s Corner Comfort Station: Reactivating a Neighborhood Asset

Vacant for 40 years, the historic Comfort Station in Dorchester’s Upham’s Corner was built as a “convenience station” for the streetcar system. Imagine Boston 2030 designates Upham’s Corner as Boston’s first Arts Innovation District and explicitly identifies the Comfort Station as one of five critical innovation and cultural anchors.

TACC is working to put the Comfort Station back into productive use as a community asset that will expand the physical and economic health of the neighborhood and its residents.


Fairmount Indigo Corridor: A Job Attraction and Retention Strategy

During a period of strong economic growth in the Greater Boston region, increased prosperity has not impacted the Fairmount Indigo Corridor, where 135,000 Bostonians have not benefited equally from the city’s recent economic gains.

TACC developed recommendations to support business attraction and retention along the corridor, strengthen and expand its key commercial and industrial clusters, and create additional jobs for the residents of Boston who need them most.


Business Incubation: Fostering Local Entrepreneurship

Within the Greater Nubian Square neighborhood, a network of business incubators and accelerators focused on a range of industry sectors have helped local entrepreneurs start businesses.

TACC is partnering with local property owners to develop subsidized retail units for the early stages of brick and mortar businesses in order to enhance the overall retail environment.