PRESENTATION
Job creation and economic opportunities at 438 Concord Avenue
2:21:12
ยท
91 sec
The 438 Concord Avenue project is expected to generate significant employment opportunities and contribute to local economic development.
- Estimated creation of 250 to 300 new jobs
- Job opportunities in various sectors: office spaces, retail, light manufacturing, and community facility-related positions
- MyHub Studios to provide spaces for creative professionals, artists, musicians, and entrepreneurs
- Synergistic approach combining light manufacturing with retail (e.g., woodshop with furniture store)
Alejandro Waldman
2:21:12
Okay.
2:21:12
When when we envisioned this project, we had several objectives in mind.
2:21:17
So the first one was, of course, to increase the supply of housing for the community, market base, as well as affordable units.
2:21:24
The second one was to also create, new job opportunities.
2:21:28
We are estimating the creation of 250 to 300 new jobs through a combination of adding office spaces run by one of our companies called My Hub Studios that specializes in providing studio spaces to creative of all types, including artists, musicians, wellness professionals, entrepreneurs, etcetera, as well as by adding additional jobs through retail, light manufacturing, and community related, community facility related jobs.
2:21:59
The third one was to, protect existing light manufacturing jobs and strengthen them by combining them with retail spaces.
2:22:08
For example, you can imagine a a a wooden a a wood shop on the back end and on the on the front end to have a furniture store.
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Those synergies, we believe, are very, very powerful.
2:22:21
The 4th objective was to offer a community facility to provide health related or educational services to the community.
2:22:30
The 5th was to offer a health a a healthy and fresh food market to the community, which is a long standing, need for for the neighborhood.
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All all of this has to be done.
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The 6th objective was to run the building efficiently and sustainable.