Real Estate Services
Real Estate Services supports Massachusetts cities and towns with planning and predevelopment for surplus properties and districts, helping move redevelopment toward private investment and community benefits.
Funder: MassDevelopment
Due Dates: No deadline listed
Funding Amounts: No award amount listed
Summary: Planning and predevelopment support helps Massachusetts municipalities advance surplus-property reuse and district redevelopment.
Key Information: Planning for a property’s future municipal use is not eligible.
Description
MassDevelopment’s Real Estate Services program helps Massachusetts cities and towns advance local economic development through planning and predevelopment. Offered through the Commonwealth’s Community One Stop for Growth, it focuses on public surplus properties and commercial, industrial, or mixed-use districts. The work can reveal development potential, address streetscape and infrastructure needs, and prepare communities for growth.
For surplus properties, supported work includes site concept plans, market feasibility studies, concept-level master planning, and materials or proposal analysis for municipal property disposition. District projects may include redevelopment strategies, corridor studies, and District Improvement Financing planning. Both project types aim to move redevelopment toward private-sector investment and community benefits such as jobs, housing, support for historically disadvantaged communities, and smart growth.
