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Partnerships and the Fiscal Implications of Planning and Development: A Case Study of Maynard, Massachusetts
Planning Practice and Research (2008)
  • John Mullin, University of Massachusetts - Amherst
  • Zenia Kotval, Michigan State University
  • Zeenat Karamchandani
Redevelopment of urban sites is an ongoing concern for many communities in the industrial Northeast United States. While many mill sites still languish, examples of successful revitalization can be found. Most of these efforts require more than market conditions to make them viable. Partnerships between developers and the community and state are seen to be crucial. These public-private partnerships come in many forms, not always monetary. The detail and effectiveness of these partnerships often depend on the experience and expertise of developers and community professionals. Given that many of these communities have limited staff, agreements are often made quickly with a rather short-term perspective. This often leads to either side (most often the municipal side) not fully benefiting in terms of long-term impacts. Longitudinal studies to examine impacts over time are helping understand the complexities of these agreements and offer transferable lessons. This paper, a case study of public-private investment in an old mill complex located in Maynard, Massachusetts that was vacated in 1993, is intended to help communities consider those costs and benefits. It discusses the historical significance of the mill to the town, examines the rationale for investors to purchase the mill and their intentions in revitalizing the structures, describes the public-private agreements that were undertaken, analyzes the immediate impact of the resulting agreements, and examines the impact over the years.
  • Partnerships,
  • Fiscal Implications,
  • Planning and Development,
  • Maynard,
  • Massachusetts
Publication Date
November, 2008
Publisher Statement
This is an electronic version of an article that was published in 'Planning Practice and Research' c 2008 Copyright Taylor & Francis; Planning Practice and Research is available online at:
Citation Information
John Mullin, Zenia Kotval and Zeenat Karamchandani. "Partnerships and the Fiscal Implications of Planning and Development: A Case Study of Maynard, Massachusetts" Planning Practice and Research Vol. Vol 23 Iss. No 4 (2008)
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