1. Easthampton 'playing hard' for redevelopment of One Ferry Street

    Easthampton 'playing hard' for redevelopment of One Ferry Street

    The derelict 1903 mill complex at One Ferry Street has long been vacant, but now Mayor Nicole LaChapelle hopes two geographically targeted initiatives will help draw investment.  A "district improvement financing" area surrounding One Ferry would allow additional tax revenue generated by new growth to finance related public infrastructure. The DIF mechanism is described under Chapter 40Q of state law.

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    1. We're rolling out the carpet for investment.
    2. We want to classify that area for tax incentives regardless of who the developer is.
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