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| New Quincy Center will be a private-public development effort backed by more than $1 billion in private investment and $250 million in public infrastructure improvements, including new sidewalks, roads, utility lines, public places and parking garages. Besides creating thousands of construction and permanent jobs, the project will increase Quincy's commercial and residential tax base, giving the city a powerful weapon against future tax increases. The city will be able to finance its infrastructure improvements through new income generated by the new parking garages and other development-specific revenue. In addition, Mayor Thomas Koch and the Hancock Adams Associates team are working with state and federal officials to secure federal stimulus money for the project as well as other sources of public funding. |
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Hancock Adams Associates is not experimenting in Quincy. Everything we're doing here we've done before, with great success. The models we're using for designing, planning, financing and constructing have been tested and proven on our other projects. |
