Viva Fall River

Fall River’s TDI District

Jul 30, 2024 | Small Business

Where is the Fall River TDI District?

Situated in the heart of downtown, the Fall River TDI District connects the city’s art district to its newly developed waterfront. It comprises a sizable portion of South Main Street, from Anawan St, near the Government Center, down to Union Street, closer to Kennedy Park. View the district map.

As an increasingly active and engaging area that’s seeing new development and investment, Fall River’s TDI District has historical and cultural significance as a booming regional powerhouse in Massachusetts’ South Shore. Primarily a commercial and mixed-use corridor, the district has many assets that, when leveraged, can increase positive perceptions of Fall River. Anchor institutions around downtown include the Bristol County Superior Court, the Lizzie Borden B&B, and Alexandra’s Boutique.

Initially designated a TDI District from 2018 to 2021, Fall River received a three-year extension to continue the Fall River TDI Partnership and its focus on downtown. As an increasingly active and engaging area experiencing new development and investment, the Fall River TDI District has historical and cultural significance as a booming regional powerhouse. The Fall River TDI Partnership has cultivated new community and organizational capacity to promote the city, provide small business assistance, and explore strategies to attract and diversify the downtown retail mix. With a heavy emphasis on arts and culture as an economic driver, this three-year extension will be an opportunity to connect the work of TDI to more community partners and focus resources on community-capacity building, downtown management, and retail incubation.

Partnership

City of Fall River  l  Viva Fall River  l  One Southcoast Chamber of Commerce  l  Jobs for Fall River (Bristol County Economic Development Council)  l  Fall River Arts and Culture Coalition  l  People Incorporated  l  Rob Roy Academy, Inc.  l  Alexandra’s Boutique, Inc.  l  Fall River Redevelopment Authority  l  SER Jobs for Progress

For more information, contact:

Jim McKeag, SouthCoast Cluster Lead Strategist
Direct: 617-418-0728
Email: jmckeag@massdevelopment.com

 

What is the MassDevelopment Transformative Development Initiative (TDI)?

MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, banks, and communities to stimulate economic growth. It’s Transformative Development Initiative (TDI) is a program for Gateway Cities* designed to accelerate economic growth within focused districts.

* The Legislature defines 26 Gateway Cities in the Commonwealth, which are Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Revere, Salem, Springfield, Taunton, Westfield, and Worcester.

How does TDI work?

TDI works to concentrate economic development activities, resources, and investments within designated neighborhood areas, known as “TDI Districts,” to create a critical mass of activity that inspires investments by local residents, entrepreneurs, and businesses, as well as additional private development. TDI Districts are mixed-use with a commercial component, compact—with a five minute walking radius or less—and are defined by a walkable, dense physical environment.

Click here for more information on current TDI Districts.