Home Posts tagged Springfield City Council
Opinion

Editorial

 

It’s easy to understand why members of the Springfield City Council were not happy with the way the recent request for $6.5 million in emergency funding for the Court Square Development project came to them.

It arrived late and in the form of an ultimatum of sorts: ‘approve this additional expenditure immediately, or this important project will die.’ One of those officials involved with the now $64 million project hinted strongly that if the money was not approved, and quickly, the building would deteriorate and perhaps even collapse.

The 11th-hour request, which came on the heels of skyrocketing construction costs that are impacting development projects of all kinds across the country, should have come at the 10th hour or even the ninth. Those leading the project, which will bring 71 market-rate apartments, retail space, and a restaurant to downtown Springfield, knew costs were escalating and knew they would need additional assistance to keep the initiative on track.

They put the council on the spot, unnecessarily — so much so that a resolution was recently passed requiring the mayor’s office to give the council 30 days’ notice on any economic-development issue that needs council approval.

Fortunately, most members of the council put aside their concerns about how all this went down and did the right thing. They voted to approve the measure and enable the much-needed project to move forward.

There were some questions as to just how much this project is needed, but the majority of the council could see how the importance of the initiative to the future of the city.

We’ve said it many times, and others have said it many times as well: one of the real keys moving forward is to balance the many people working downtown with those who actually call that area home.

This has been a formula for success in many cities, including Lowell, Worcester, Hartford, and many others, and it will be a key ingredient for Springfield moving forward, especially if current trends continue and there are fewer people actually coming to work each day in the city’s downtown.

In those other cities, a critical mass of people living in a downtown has spawned new service and hospitality businesses, which, in turn, have promoted more people to want to live in those areas, which, in turn, has prompted more businesses, which attract more people … you get the idea.

The Court Square project, which has been talked about for decades, literally, and has come to fruition through a unique public-private partnership, isn’t the answer. But it’s part of the answer, just as MGM Springfield, a revitalized Tower Square and White Lion Brewing, the Springfield Thunderbirds, Union Station, new housing in the old Willys-Overland property on Chestnut Street, and other developments are parts of the answer.

And that’s why it was so important for the council to look past the nature of this request and, as we said, do the right thing.

For Springfield, and the region, this was an important step forward.

Daily News

The Springfield City Council is scheduled to vote tonight on a request to transfer $6.5 million from the city’s free cash reserves to cover cost overruns on a project to redevelop the former Court Square Hotel into market-rate apartments.

The councilors were informed recently that, because of the skyrocketing prices of materials and labor, the projected $51 million project will now cost closer to $64 million. The state has already said it is willing to cover half that additional cost if — and this is a big if — the city will pick up the other half.

Councilors were further informed that if the city doesn’t pony up the additional funds, and the project is stalled for any length of time, the property will likely deteriorate to the point where this project will simply not be feasible.

Some councilors have already indicated they are unlikely to vote for this request given other needs within the city and different uses for free cash, especially help to struggling taxpayers. We understand these sentiments, but believe it would be a costly mistake to let this project die on the vine.

These housing units could potentially play a key role in the ongoing revitalization of the city’s downtown and easing the city into what we’ll call the post-COVID world.

In that world, it seems certain that there will be fewer people working in the city’s downtown. If that area is to thrive as it did before COVID, there must be more visitors coming to the downtown district — and more people living there.

This project is not about restoring a landmark that has essentially stood idle for decades. It’s about creating opportunities to fuel more vibrancy in an area that was starting to rebound before the pandemic and needs an additional spark.

That’s why this vote is critical and why the council should approve this transfer and enable this important project to continue.