2012 AUGUST-MASHPEE EDIC Plan for Executive Park

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i i Obiectives IA. To preserve and enhance the viability of existing Mashpee businesses unless they are incompatible with the Town's long-term goals. I B. To preserve, enhance and expand sustainable agricultural, aquacultural and other natural resource- based industries. C. To attract new businesses that are compatible with our goals, our business mix and our environmental, cultural and economic resources. t D. To enhance Mashpee's economic development potential and its locational and transportation-related I advantages by minimizing traffic congestion and improving alternative transportation opportunities. E. To ensure that the necessary infrastructure is in place or planned to support desired commercial and industrial activities. F. To market the town to prospective new businesses in a professional and coordinated manner. G. To ensure that there are clear guidelines and streamlined regulatory procedures for locating or expanding businesses in Mashpee. H. To orient the Town's business development activities toward those businesses which match the available skills and experience of Mashpee residents, particularly those who are unemployed or underemployed. I. To increase our residents' skill levels through enhanced educational and job training opportunities. J. To increase year-round employment opportunities. K. To increase opportunities for self-employment and home-based work while minimizing impacts on neighboring residents. L. To reduce the need for our residents to shop in adjacent towns by providing as many retail and service businesses locally as can be supported. M. To enhance the attractiveness of our commercial areas to town residents, residents of adjacent towns and tourists by maintaining and improving ease of access, increasing the number and variety of businesses, improving appearance, encouraging attractive pricing and developing a coordinated marketing strategy. N. To increase the commercial and industrial proportion of the Town's tax base to at least 15 percent. O. To achieve full occupancy of our existing industrial and commercial areas with suitable high-value businesses. P. If feasible, to develop a municipally owned or quasi-public industrial/office park or parks to attract businesses requiring initial assistance with land/development costs. Q. To develop "incubator" centers for business startups that could grow into significant taxpayers and/or provide high-wage jobs. R. To enhance the Town's share of the Cape Cod tourism industry. S. To ensure that convenient and safe bicycle and pedestrian areas are provided in commercial developments and that large-scale commercial activities are concentrated in village/commercial centers where adequate infrastructure and alternative transportation access is available. Economic Analysis 8 Demographic Trends Mashpee has experienced dramatic population growth since 1980. Mashpee was home to 7,867 year- round residents in 1990. Over the 1980-90 decade, the rate of population growth, highest of any town in Massachusetts, increased by 113 percent. The growth trend has continued since the 1990 Census. Mashpee's population is ethnically and racially diverse relative to the Cape at large. Almost 12 percent of Mashpee's residents consider themselves a racial or ethnic minority according to the 1990 Census, more 2