Development Boom’s Benefit to Boston Residents
By Chris Tracy
With new development often comes neighborhood concern. Any project that adds more density, residential units and vehicular traffic to streets can cause anxiety and fear of what’s to come from new development. Boston is no stranger to these challenges; Bostonians love their unique neighborhoods and the quaintness that each individual neighborhood has to itself.
During the past few years, Boston has undergone tremendous growth, not only in the downtown and urban core but in every neighborhood in the City (Read about Boston’s Building Boom). At some point in the development process, every project encounters residents who care deeply about their communities and are concerned with how their community might change. Some residents view new development as only catered to a future resident, with no benefit to existing residents. This is why the Boston Planning & Development Agency (BPDA) and City of Boston staff often are met with the question from current residents: “How does this benefit me?”
Two recent Boston Globe articles (“Boston Reaps Tax Windfall from New Construction” and “Average Boston-Area Rent Falls for the First Time in Almost 7 Years”) have addressed how building new units and adding residents to the tax base can actually be a positive thing for current residents. In addition to softening tax bills for homeowners and lowering rents for renters, the new development and added tax base generates additional revenues for City services.
Every project will have supporters and detractors and messaging is central to both sides. Change is not always bad, and often times can have a tangible benefit to those who at first glance may not like the change being discussed.
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