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Dear Friends,
This issue demonstrates further examples of the scope and reach
of economic development activities underway in the City of New
Bedford:
* long-range plans for commuter rail to reach the region in 2016
* promotion of the seafood industry on the world market
* committee recommendations for developing the Fairhaven Mills
complex
* developers’ investment in downtown real estate
Sincerely,
Matthew A. Morrissey
Executive Director

SouthCoast rail planned for 2016
Trains
would be rolling to Fall River and New Bedford by December 2016
— nearly a decade from now — under a commuter rail plan Gov.
Deval Patrick will announce at UMass Dartmouth today, according
to sources familiar with a private briefing by the state's
transportation secretary... [read
more]

City hopes scallops will hook buyers
‘Aggressive’ campaign to market seafood overseas
The
world could be New Bedford's oyster. Or at least provide a wider
market for its scallops.
That's what economic officials are hoping as they explore ways
to better promote the port's fresh and frozen seafood products
to foreign markets... [read
more]

Committee backs lofty mill project
Development plan includes hotel, marina, condominiums
NEW
BEDFORD — An ambitious plan that includes building a hotel,
office and condos over a Home Depot-led retail project has been
recommended by the committee considering two development
proposals at Fairhaven Mills... [read
more]

Real estate developers find treasures in downtown New Bedford
New
Bedford – Two real estate developers have recently made major
investments in New Bedford’s downtown with the purchase of a
building in the middle of the Whaling National Historic Park at
Five Dover Street and another with the rehabilitation of the
former... [read
more]
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