Where is the Fall River TDI District?
Situated in the heart of downtown, the Fall River TDI District connects the city’s art district to its newly developed waterfront. It comprises a sizable portion of South Main Street, from Anawan St, near the Government Center, down to Union Street, closer to Kennedy Park. View the district map.
As an increasingly active and engaging area that’s seeing new development and investment, Fall River’s TDI District has historical and cultural significance as a booming regional powerhouse in Massachusetts’ South Shore. Primarily a commercial and mixed-use corridor, the district has many assets that, when leveraged, can increase positive perceptions of Fall River. Anchor institutions around downtown include the Bristol County Superior Court, the Lizzie Borden B&B, and Alexandra’s Boutique.
What is the MassDevelopment Transformative Development Initiative (TDI)?
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, banks, and communities to stimulate economic growth. It’s Transformative Development Initiative (TDI) is a program for Gateway Cities* designed to accelerate economic growth within focused districts.
* The Legislature defines 26 Gateway Cities in the Commonwealth, which are Attleboro, Barnstable, Brockton, Chelsea, Chicopee, Everett, Fall River, Fitchburg, Haverhill, Holyoke, Lawrence, Leominster, Lowell, Lynn, Malden, Methuen, New Bedford, Peabody, Pittsfield, Quincy, Revere, Salem, Springfield, Taunton, Westfield, and Worcester.
How does TDI work?
TDI works to concentrate economic development activities, resources, and investments within designated neighborhood areas, known as “TDI Districts,” to create a critical mass of activity that inspires investments by local residents, entrepreneurs, and businesses, as well as additional private development. TDI Districts are mixed-use with a commercial component, compact—with a five minute walking radius or less—and are defined by a walkable, dense physical environment.