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    • Series: Housing on the South Shore
    • Housing Committee
  • Infrastructure
    • Overview
    • Transportation
    • Transportation Advisory Group
    • Water & Wastewater
  • News Center
    • The 2030 Blog
    • Virtual Events & Videos
    • Informational Reports
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    • About the South Shore
    • Demographics
    • Workforce Statistics
    • Essential Industries
    • Job Board
  • Partner With Us
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    • Contact Us
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The 2030 Blog

Economic Forecast at South Shore Chamber

1/31/2020

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Mr. Mark Melnick of The Donahue Institute spoke at the South Shore Chamber's Economic Outlook breakfast co-sponsored with Envision Bank.  We are pleased to share his presentation which included some nice comparisons on how the South Shore stacks up with the rest of the state on key economic factors.   It validated some of our work on South Shore 2030 to make the region economically stronger.  We were particularly impressed with three slides:

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  1. Slide 9  shows we are 1/3  below (less competitive) the state’s concentrations of jobs in the high talent/high salaried Professional and Technical service industry mix but more concentrated than the state’s overall share in the financial services (by almost 70%) and retail  (by 30%) sectors. That illustrates one of the underlying challenge facing the South Shore.  Some of our largest job sectors are in contracting industries that are shedding jobs while at the same time we have a smaller share of some key sectors that are growing and have higher paying jobs. Our challenge becomes how do we expand and attract the growth sectors.  We believe we do it by growing the talent and workforce available on the South Shore.
  2. Slide 22 compares the percentage of family income going to housing. That has declined for homeowners since the recession but has stayed high for apartment owners.  The percentage of course depends on two factors:  household incomes and the cost of the housing. Overall we believe this supports our housing agenda. It suggests we are not building enough of the housing product (multi-family such as apartments) that young professionals are looking for.  That keeps apartment rents too high for many younger people. That in turn limits our ability to grow the workforce.   
  3. Finally, slide  27 nicely captures our transportation and economic challenge.  (This compares the middle section of the South Shore). We have 1/3 more residents commuting out of the area for jobs than workers coming in from other regions.  This reinforces information from our Original 2030 study that the entire South Shore has more people leaving the area for jobs than coming in for jobs.   And most of our traffic heads North to or through Boston.  While we continue to work on the Boston commute for our residents the better solution to the transportation problem is creating more jobs in the region so residents have better employment choices than driving to Boston.  

download presentation here
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Lt. Gov. Karyn Polito meets with local developers & business leaders

6/18/2019

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Lieutenant Governor Karyn Polito joined the Chamber and South Shore Economic Development Corp. (SSEDC) leaders, Braintree Mayor Joe Sullivan, Weymouth Mayor Bob Hedlund, and area developers in a discussion held June 4 that focused on economic development and housing initiatives both generally around the Commonwealth and more specifically throughout the South Shore and the Braintree/Weymouth Landing.

Throughout the discussion, which started at Landing 53 (25 Commercial Street, Braintree), Lt. Gov. Polito discussed how the initiative, South Shore 2030, launched by the South Shore Chamber is very similar to what she and Governor Baker are looking to achieve across the Commonwealth, and how the leadership of the mayors and the business community took this vision and made it a reality at the Landing. A plan is important, she said, but without resources and partnerships, it cannot be implemented.

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NEREJ's Ones to Watch 2019

6/3/2019

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Courtney Bjorgaard
Housing Initiative Lead, South Shore Chamber of Commerce​

Year you entered your current field? 2016
What do you consider to be your greatest professional accomplishment in the past 12 months? My greatest professional accomplishment in the past 12 months has been taking the South Shore Chamber’s 2030 Housing report and putting it into an action plan. It’s easy to talk about what needs to be done. It’s tougher to come up with the plan to implement some of these bigger changes to help businesses and communities plan for the economic future of the region. Check out our work here: www.southshore2030.com. 
Who or what do you attribute to your success? Nobody can do it all on their own. You have to find people you can trust, to lean on and to go to for input and advice. We have a lot of fantastic professionals across the South Shore that I’ve been fortunate to collaborate with to make things happen. Following through, showing up, asking questions, being open to new ideas, working as a team, looking at issues from all perspectives to try and work toward a solution. 
What advice can you offer to someone who is interested in a career in your industry? It’s all about relationships. Treat people with respect, be prepared and be thoughtful in the delivery of your message. 
Who are some leaders that you admire and why? ?I’ve had the opportunity to meet a lot of fantastic business leaders throughout the South Shore over these past few years – many that care deeply about their communities. I’m not from this area, but it feels like I’ve been here forever. That says something about the people in our communities and the people who are involved in the Chamber and our work. They are thoughtful, open-minded, flexible and passionate about their business and they want to see people succeed. 


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2nd Annual South of Boston Summit

3/26/2019

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March 20, 2019 

Over 250 attendees gathered for the 2nd Annual South of Boston Summit hosted by the New England Real Estate Journal & the South Shore Chamber of Commerce to hear from key stakeholders about real estate development throughout the region. 

The program included a keynote address from Rich Beal of A.W. Perry, panel discussions on changing commercial real estate and how the South Shore is attracting various business in the region as well as a roundtable update on the Hanover Crossing project at the Hanover Mall. Attendees heard from Peter Abair of MassEcon, Patrick Brady of Cornerstone Realty Capital, Tim Cahill of Quincy Chamber of Commerce, David Ellis of Ellis Realty Advisors, Peter Forman of South Shore Chamber of Commerce / South Shore Economic Development Corporation, Ian Frenette of the Boston Cannons, David Gilmore of Pyramid Management Group (Kingston Collection), Josh Katzen of Forest Properties and Steven Kelly of Timberline Construction.

Thank you to our sponsors!
Platinum: A.W. Perry
Corporate: Ellis Realty Advisors, Timberline Construction, Inspired Technology and Communications LLC, Zaxia
Vendor: Cornerstone Realty Capital, PREP – Hanover Crossing, U.S. Pavement Services Inc., Bedford Cost Segregation, iCorps Technologies
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​More photos can be found in our gallery.
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In the Press: South Shore 2030 Housing Initiative

2/19/2019

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Key stakeholders gathered at the beginning of the month to recognize some critical leadership in the next phase of South Shore 2030’s Housing Initiative. The business voice is a critical component to moving the number on our housing goal of 44,000 new units by 2030. It isn’t only about increased housing production, but the right kind of housing in the right locations – some key housing developments and town initiatives were highlighted during the event and can be found on South Shore 2030’s housing page.  
 
Getting to that 44,000 number will take a lot of effort and leadership from community members, local officials from all 25 communities, small business, big business, all industry representatives. This is bigger than just increasing the number of homes on the South Shore – it is about building our communities and supporting the economic vitality of the region.  We have some great leadership here on the South Shore and Rockland Trust’s, Christopher Oddleifson, is leading the charge with a $35,000 contribution to support the project work.
 
Check out some of the media coverage of this announcement from the sources below.
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​For more information about the Housing Initiative and/or to get involved in the conversation, contact Courtney Bjorgaard at cbjorgaard@southshorechamber.org or 781.421.3915.
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South Shore Economic Boom Expected To Last Through 2019

1/11/2019

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The rumbling, beeping, jackhammering of construction in Quincy and other South Shore communities is annoying to some people. But town and city leaders say it’s music to their ears and a sign of economic health for 2019 and beyond.
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It means more houses, apartments and condos are being built. And housing, they say, will eventually bring new industry, more small businesses and jobs.
“We’ve got good momentum going in Quincy Center and we want to use that on other parts of the city,” Quincy Mayor Thomas Koch said.

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Norwell Selectmen Discuss Development Options For Accord Park Drive, Queen Anne’s Plaza

1/10/2019

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Norwell selectmen are looking to have the Economic Development Committee look into a Chapter 43D designation for 98 Accord Park Drive based on the recommendations given by the Metropolitan Area Planning Council and have it voted on at the annual May Town Meeting.

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Representatives from MAPC are working with town officials to better utilize Norwell’s commercial properties and to help reduce the tax burden for homeowners.

MAPC’s recommendations are to have the Accord Park Drive properties listed in Norwell’s Economic Growth Plan as strictly commercial properties and to have Queen Anne’s Plaza grow into a mix of residential and commercial properties.
Selectmen are looking to have possible Chapter 43D zoning changes for Accord Park on the annual Town Meeting Warrant in May.

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Housing At A Shopping Mall? It’s Becoming More Common In Mass.

1/8/2019

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HANOVER — In the woodsy back corner of the 77-acre Hanover Mall, the new owners of the long-struggling shopping center see an opportunity to change its fortunes.

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It’s not the movie theater that sits there now, or another big box store. No, it’s housing — four buildings with nearly 300 apartments that PREP Property Group, an Ohio-based company that bought the mall in 2016, wants to build.
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If it wins town approval, PREP would sell the land to a housing developer and use the proceeds to blow up the half-century-old indoor mall and turn it into an outdoor-oriented “lifestyle center,” like many of its newer competitors, with hundreds of customers in those apartments, just steps away.
“When I heard about their plans, it was like a revelation,” said Ed Callahan, who has managed the Hanover Mall through years of foreclosure, bank ownership, and slumping sales. “We really lucked out with a new owner that saw this place as an opportunity.”

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Plymouth Seeks To Invigorate Economy With Innovative Housing

10/16/2018

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After driving through a secluded and sylvan Plymouth landscape to arrive at A.D. Makepeace Company’s Redbrook Village, one arrives at what’s described as a “New England village, re-imagined.”

The focus is on the village green and surrounding nature. Homes and parking lots are tucked discretely behind trees and shrubbery. There’s a farmers market, café, fire pit surrounded by Adirondack chairs, boat launch, YMCA, playing field and basketball court.
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A band plays on the green where residents have gathered for a “JamBEERee” to enjoy hotdogs, craft beer and a sense of community. Later in the afternoon, some will make their way to the Meeting House to watch the Patriots.


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MassDOT Beginning South Boston Bypass Road And Portion Of HOV Lane Pilot Program

10/11/2018

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Pilot Program will provide another option for drivers on I-93 northbound in Boston who have a final destination of the Seaport in South Boston

BOSTON – The Massachusetts Department of Transportation today announced that beginning Monday, October 15, 2018, all traffic will be able to use sections of the South Boston Bypass Road and a portion of the I-93 High Occupancy Vehicle (HOV lane) in South Boston at all times for a 12-month period. This pilot program will provide another route option for drivers traveling inbound to the South Boston area from I-93 northbound and members of the public are advised that the South Boston Bypass Road can be accessed via Exit 18 on I-93. This pilot program is being launched following approval by the Massachusetts Environment Policy Act (MEPA) office which issued an Advisory Opinion at the request of MassDOT.
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The full traffic pattern changes that will be implemented 24/7 through this pilot program include allowing unrestricted eastbound travel on the South Boston Bypass Road between I-93 Frontage Road and Cypher Street/Richards Street and allowing unrestricted travel in both directions of the South Boston Bypass Road between Cypher Street/Richards Street and West Service Road. Additionally, access to the I-93 HOV lane from the following areas leading to Logan International Airport will also be unrestricted: the I-93 northbound mainline, I-93 northbound Frontage Road, and Kneeland Street/Lincoln Street.

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South Shore Economic Development Corporation
1050 Hingham Street, Rockland MA 02370
Phone: 781.421.3900 | info@southshorechamber.org | sitemap
Photo Disclaimer: Photos found on website may be subject to copyright. Permission to use images was provided by development teams for use on website. Other photos were taken by staff.
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