BOSTON, MASSACHUSETTS

A. Zone Vital Statistics:

1. Population of the Most Populous City: Boston - 574,283
2. Zone Population: 57,640
3. Approximate Zone Size: 6 square miles
4. Poverty Rate: 35.8%
5. Unemployment Rate: 16.1%
6. Education: 43% of Zone residents, over age 25, lack a high school diploma or higher

B. Estimated Number of Jobs Created or Retained: 985

C. Proposed Leveraged Commitments: $800 million

1. Public Sector: $400 million
2. Private Sector: $400 million

D. Key Business Partnerships:
Over 80 businesses made commitments in the Strategic Plan. Some of the key business partners are:

• 3Com Corp
• Asian American Bank & Trust
• BankBoston
• Boston Edison
• Boston Marriott Copley Place
• Boston Private Bank & Trust
• Chinatown Business Association
• Chinatown Main Street Program
• Citizens Bank
• E.C.W. Enterprise
• Eastern Bank
• Fannie Mae
• Fleet Bank
• Boston Chamber of Commerce
• IBM
• Jewish Vocational Service
• Microsoft
• PNC Bank
• South Boston Main Street Inc.
• State Street Bank & Trust
• US Trust Bank

E. List of Other Key Partners:

• University of Mass, Boston
• Morgan memorial Goodwill Industries
• YMCA of Greater Boston
• The Hymanis Foundation
• Trefler Foundation
• United Way of Mass Bay

F. List of Developable Sites: N/A

Content Archived: January 20, 2009