Paul A. Dever State School

Paul A. Dever State School Paul A. Dever State School

taunton.ma.gov
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Paul A. Dever State School REDEVELOPMENT PROJECT Taunton, MA A Public/Private Partnership Taunton Development Corporation MassDevelopment in concert with City of Taunton Commonwealth of Mass Broker: NAI Hunneman

<strong>Paul</strong> A. <strong>Dever</strong> <strong>State</strong> <strong>School</strong><br />

REDEVELOPMENT PROJECT<br />

Taunton, MA<br />

A Public/Private Partnership<br />

Taunton Development<br />

Corporation<br />

MassDevelopment<br />

in concert with<br />

City of Taunton<br />

Commonwealth of Mass<br />

Broker: NAI Hunneman


Development Project<br />

Development of Phase IV and Phase V of<br />

the former <strong>Paul</strong> A. <strong>Dever</strong> <strong>State</strong> <strong>School</strong><br />

• 220 Acres Total<br />

• 170 acres Myles Standish Industrial Park<br />

Expansion<br />

• 50 acres<br />

Life Science Center/Regional Training<br />

& Education Center


Project Management Structure<br />

Taunton Development/MassDevelopment Corporation<br />

est. January 2012<br />

MDFA Development Role<br />

• Complete MEPA EIR Permitting:<br />

– MEPA Certificate issued November 2012<br />

• Conduct all Demolition & Remediation of site<br />

• Complete all Road & Infrastructure upgrades<br />

• Plan & Develop Phase V Life Science Center<br />

TDC Development Role<br />

• Market & Develop Phase IV development<br />

• Manage operations and site security of project


Context<br />

• PROJECT AREA<br />

– Phase IV -<br />

Adjacent to existing<br />

Myles Standish<br />

Industrial Park<br />

2002 Legislation:<br />

Extension of Myles<br />

Standish Industrial Park<br />

Approximately 170<br />

acres<br />

– Phase V –<br />

2008 Legislation:<br />

Development of a Life<br />

Science Center<br />

MLSC $5M earmark<br />

Approximately 50 acres<br />

EXISTING MYLES<br />

STANDISH<br />

INDUSTRIAL<br />

PARK<br />

Constitution Dr.<br />

John Hancock Rd<br />

Bay St.<br />

Bassett St.<br />

South Boundary Rd<br />

Fawcett St


Aerial Images<br />

View looking west<br />

View looking south


Concept Plan<br />

• 1.8M SF of New Development<br />

– 1.3M SF Industrial<br />

– 550K SF Life Science<br />

*note: this is only a concept drawing to show development potential, the market will<br />

dictate development.


Demolition/Remediation<br />

• $15.5M D&R<br />

• $10M Infrastructure


Development Plan<br />

• Phased<br />

Development<br />

• Funding Strategy<br />

– <strong>State</strong> & Federal<br />

Infrastructure Grants:<br />

MassWorks<br />

EDA PWED<br />

Brownfield Site<br />

Assessment<br />

– District Improvement<br />

Financing (DIF) from<br />

City of Taunton


Project Phasing<br />

• Section A 2012-13<br />

– MEPA approved<br />

– New Charles F.<br />

Colton Road<br />

construction will be<br />

complete in June<br />

2013


Project Phasing<br />

• Section B 2013-14<br />

– New Pioneer Way<br />

road extension from<br />

Hancock Road<br />

completion summer<br />

2013<br />

– Sites available for fall<br />

2013 construction


Project Phasing<br />

Section C<br />

– Final Industrial Area<br />

– Follows other development<br />

except for unique<br />

requirements


Project Phasing<br />

• Section D<br />

– Life Sciences Campus<br />

– Access from Bay Street,<br />

fronting on Watson Pond<br />

– Working with colleges to plan<br />

training center<br />

– Resolve remaining <strong>State</strong> uses<br />

– Possible reuse of some<br />

buildings<br />

– Infrastructure timing TBD


Current Status<br />

• MEPA Completed<br />

– Certificate issued November 2012<br />

• NEW Charles F Colton Road from Constitution Ave<br />

complete in June 2013<br />

– 5 Industrial sites (over 40 developable acres) available for spring construction<br />

• NEW Pioneer Way from John Hancock Road<br />

complete in Summer 2013<br />

– 4 Industrial sites (over 42 developable acres) available for summer 2013 construction<br />

• Demolition of building #4 and #6 complete<br />

• Demolition of buildings #5 - #14 has commenced and<br />

is scheduled to be complete in December 2013<br />

• Currently Master Planning Life Sciences Campus

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