OUR MISSION

The Cambridge Redevelopment Authority is committed to implementing creative development projects and initiatives that promote social equity and environmental sustainability. As a real estate entity that works in the public interest, we offer distinctive public investment tools and a human dimension to our projects and partnerships throughout the city. 

WHAT IS REDEVELOPMENT?

In an effort to encourage sound growth and to revitalize urban areas that are substandard, decadent or blighted open space, the legislature developed an urban renewal program under Massachusetts General Laws Chapter 121B. Municipalities are authorized to develop blighted areas for residential, recreational, educational, hospital, business, commercial, industrial or other purposes. Future development within these designated urban renewal areas must be undertaken in accordance with use limitations specified in approved urban renewal plans.

Chapter 121B places great importance on the achievement of socio-economic development such as the provision of jobs for the unemployed, the addition of tax revenue to overburdened communities and/or the construction of space for the expansion or siting of industry or business. Urban renewal projects help municipalities revitalize deteriorated areas by providing the economic environment needed to attract and support the private investment needed to achieve a balanced mix of housing, business and industry.

OVERVIEW

The CRA was formed in 1956 and has a long history advancing a wide range of projects and programs. Over its history, the CRA has adopted five urban renewal plans, implemented one demonstration plan, executed numerous developments and renovations, and conducted planning studies throughout the City of Cambridge. Currently, the CRA continues to implement one ongoing redevelopment plan in Kendall Square, now focused on the sub-station project north of Broadway.  It manages two mission-oriented commercial buildings and multiple park spaces in Kendall Square. Please reference the catalogue of annual reports to follow the work of the CRA through the years.