Transformative Development Initiative (TDI)
In December 2014, MassDevelopment announced the designation of ten Gateway City Districts identified for enhanced assistance through its Transformative Development Initiative (TDI). Worcester was named as a District in Development, for an application concentrating on the Theatre District Master Plan area. The ten TDI Districts in Development are eligible to receive enhanced technical assistance, real-estate services, and equity investments in real estate to support local visions for redevelopment and to catalyze and leverage investments and economic activities.
A TDI Kickoff event was held in December 2015 and a consultant has been engaged on behalf of the City to develop a strategy and implementation plans for ground floor real estate and business enhancement, placemaking and public realm activation, support for the Theatre District Urban Revitalization Plan and support for the development of a Theatre District Business Improvement District (BID).
Theatre District TDI Milestones:
- Creation of the Theatre District Alliance
- Award of a TDI Placemaking Grant to Support the Inaugural Worcester Local Weekend Kickoff
- Organization of the First Ever Theatre District Block Party
- Small Business Workshop Series - "Let's Put Worcester on the Map"