Transformative Development Initiative (TDI) District

Hanover Theatre at night

Project History

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.

Since formally kicking the initiative off in December 2015, the TDI Partnership has achieved many milestones:

  • Award of a TDI “Local Lift” grant to fund a Theatre District Placemaking Kit
  • Proposal of a Downtown Business Improvement District (BID)
  • MassDevelopment purchase of 526 Main Street (Money Stop) for complementary redevelopment
  • 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"

At a Glance

  • 94 Ground Floor Retail Spaces in the Theatre District
  • 200,000 attendees annually at the Hanover Theatre
  • 2 Colleges
  • 2,200 Residents
  • 1 Maker Space (Technocopia)
  • 1 Collaborative Workspace (IdeaLab)

Resources

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