The City of Holyoke, along with MassDevelopment, worked on this study to encourage property owners in the downtown area to reinvest in, and market, properties that have been vacant or significantly underutilized. MassDevelopment engaged McCabe Enterprises to assess four properties for their potential for redevelopment in downtown Holyoke. The study used four sites where private investment could significantly complement public actions related to the Urban Renewal Plan, and where information gathered could likely be used in some decision-making capacity by property owners of other, similar buildings in the Center City area.
For each property, this report outlines existing building and site conditions, reviews the regulatory context, identifies market potential and alternative re-use scenarios, reviews redevelopment costs and assesses the feasibility of alternative redevelopment scopes. These four sites are all located in Downtown Holyoke and the Canalwalk area.
Visit the links below to view the complete studies: