The City of Springfield Downtown Dining District Fund (DDDF) has been designed to attract and assist full service restaurants seeking to locate in Springfield’s downtown dining district. It is the intent of this program to encourage and promote investment and job creation through financial assistance in the district. This program is capitalized by the City through the United States Department of Housing and Urban Development (HUD) Section 108 Loan Program. As such all applicants will be required to abide by all applicable HUD Section 108 rules and regulations.
Springfield is undergoing over $3.3 BILLION in economic activity, led by the $950 million MGM Springfield project. MGM Springfield, opening in 2018, will bring first-class retail, restaurants, movie theatres, bowling alley, skating rink, entertainment, and a four-star 251-room hotel. All of this energy, and thousands of potential daily customers, are just three blocks from the Downtown Dining District.
In addition, the Springfield Redevelopment Authority just completed a $94 million renovation of historic Springfield Union Station, which includes bus and rail travel. Already serving New York City via regular Amtrak service, Union Station will be home to commuter rail to Hartford and New Haven in early 2018. Union Station is adjacent to the Downtown Dining District.
Also under construction at the world-class Springfield Museums quadrangle is a new Dr. Seuss museum. Slated for a 2017 opening, the Amazing World of Dr. Seuss joins a campus of incredible museums including a Science Museum, Springfield History Museum, and a pair of art museums with some of the finest collections in New England.
In the heart of the Downtown Dining District, also set for a 2017 opening, is the Springfield Innovation Center. This cutting edge center, being built by DevelopSpringfield, will house Valley Venture Mentors and be a hub for entrepreneurship in the region.
The downtown area has experienced a significant amount of investment recently including a new UMass downtown center, the New England Public Radio studio relocation, and the redevelopment of 1550 Main Street. All of these major activities, and many others, have developed a need for a concentrated dining district in the center of Springfield’s historic downtown. This Fund has been developed to help encourage the District’s growth, making it more walkable between these exciting destinations.
This Fund does not seek to relocate existing restaurants from one location to this district, rather it seeks to attract experienced restauranteurs who wish to open additional locations/concepts.
- Need a few reasons on Why Springfield? Look here!
- The Fund Target area map can be found here.
- The Fund target area is in the city's "Transformative Development Initiative" (TDI) district.
- You can learn more about TDI here. And here.
- The $950 million MGM Springfield, just three blocks from this district, is currently under construction. Learn more about MGM Springfield's plans here. And here.