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Bourne Financial Development Corporation receives grant from TD Banknorth

For immediate release
Contact: Sallie Riggs: 508 457-5305

The Bourne Financial Development Corporation today announced receipt of a grant from the TD Banknorth Charitable Foundation. The grant will be used to support the development of an inventory of commercial properties in the Town of Bourne.

The inventory will be developed by the Suffolk University/Cape Cod Public Administration Program in a partnership with the BFDC. “We are grateful to the TD Banknorth Charitable Foundation for funding this project,” John Harding, President of the BFDC Board of Directors stated. “While the data exists in Town Hall, it needs to be assembled in a way that can be useful as we consider developing or re-developing land in Bourne to support and expand the business sector.”

The commercial property census will not only identify potential sites for development and/or re-development when business owners’ want to expand in or relocate to Bourne, it will provide a strategic review of what areas in Bourne can support development.

In its application to the TD Banknorth Charitable Foundation, the BFDC wrote “Currently no such inventory exists. And, equally important, because of the heavily developed nature of the Town, the organization needs to identify areas where re-zoning will logically support development and/or re-development, especially using smart growth principles of mixed retail, office, residential, and service uses in village centers.”

“Revitalization of the Buzzards Bay business district and the health of Bourne’s economy is a priority for TD Banknorth, as we have high hopes for the Town’s future. The Bourne Financial Development Corporation is a key agent in the effort to promote smart business growth,” commented Marlene Weir, TD Banknorth Community Relations Officer.

The BFDC’s mission is to promote the common good and general welfare of the town of Bourne and to improve the living standards of its citizens by fostering the improvement of employment and educational opportunities. A 501(c)(3) organization, the BFDC was established by vote of Bourne Town Meeting and an act of the legislature of the Commonwealth of Massachusetts in 2000.

The Suffolk University/Cape Cod Public Administration Program team working on the BFDC commercial property census project which is supported by TD Banknorth: Left to right, Top row: Cindy Parola, graduate student; Dr. Michael T. Lavin, project director; Janey Armstrong, student intern, Tim Kelleher, TD Banknorth Senior Vice President. Seated: Adelle McDermott, graduate student; Lisa Kirkwood, TD Banknorth Vice President.


News & Meetings:

Board of Directors-
open to the public

Second Wednesday of every month at the Upper Cape Cod Regional Technical School on Sandwich Road. Meetings begin at 7:40 am

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The BFDC needs the expertise of many people – planners, economic development specialists, commercial developers, architects and engineers. Please consider becoming a member.

As a 501(c)(3), the BFDC welcomes donations. Checks, payable to Bourne Financial Development Corporation, can be mailed to the address below.

 

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Bourne Financial Development Corporation
P. O. Box 289
Buzzards Bay, MA
02532-0289

Phone: 508.457.5305
Fax: 508.457.5306

 

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