Ludlow Mills Among Projects to Receive State Funding from Site Readiness Awards
On Tuesday, Lt. Gov. Karyn Polito, Housing and Economic Development Secretary Mike Kennealy, and MassDevelopment President and CEO Dan Rivera were joined by state and local officials and representatives from Westmass Area Development Corp. to announce $2,834,850 in funding to nine projects — including Ludlow Mills, the only Western Mass. project of the nine — in the sixth round of Site Readiness Program awards. The Site Readiness Program is part of the Community One Stop for Growth, a single application portal and collaborative review process for grant programs launched in January to make targeted investments based on a development continuum. The program was established to help municipalities, private-sector businesses, and nonprofit economic-development entities advance prime sites for large-scale industrial and commercial use. The funding will be used for a variety of pre-development work, including planning studies, feasibility studies, master planning, environmental work, strategic land acquisition, and site improvements, increasing the development potential of nearly 665 acres across the Commonwealth.