Region could team up with developers to lure stimulus funding

Published



Private developers are being given a voice in deciding the region’s next big targets for development around transit stations as the region’s planning board seeks to attract federal stimulus dollars. A proposal before the Transportation Planning Board asks for approval to apply for roughly $20 million in TIGER grants to pay for streetscaping and making the land around underused transit stations more accessible for pedestrians and bicyclists.

If approved on Wednesday, the region’s planning board would then seek developers as partners in identifying up to six transit stations that are good candidates for transit-oriented development to nominate for funding.

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