Community Spotlight – Lynn, Massachusetts
April 18, 2023 8:55 amThe North Shore Alliance for Economic Development serves 30 communities, including four Gateway Cities, and brings their leaders together to explore and take action on economic development issues that can help grow the region, including those that advance the Commonwealth as a whole.
Over the course of the next few months, we will explore and get to know these 30 communities that make up the North Shore region of Massachusetts. We hope our readers will learn more about the unique benefits each community brings to their residents and visitors and how collectively they strengthen our regional economy.
The City of Firsts
Located less than four miles from downtown Boston, Lynn was settled in 1629 by Europeans and became known as an early business center starting with tanning and shoemaking during colonial times and then eventually for industrial and manufacturing facilities such as the Lynn General Electric by the early/mid-1900s.
Today, Lynn is known for its culturally rich downtown district, contemporary art, and historic architecture, as well as its diverse immigrant population.
The City of Lynn has approximately 104,529 citizens, according to the 2020 U.S. Census Bureau results. That makes it the 7th largest city in Massachusetts and the 332nd-largest city in the United States. It measures 10.8 square miles.
Lynn has been designated one of 26 Gateway City by the Commonwealth of Massachusetts. Defined as midsize urban centers that anchor regional economies around the state, Gateway Cities have populations greater than 35,000 and less than 250,000, median household income below the state average, and rate of educational attainment of a bachelor’s degree or above that is below the state average. Lynn, like all Gateway Cities, is essential to the economic health of the region and Commonwealth. Lynn’s historic architecture, transportation connections, cultural organizations, healthcare facilities, and diversity make it a stand-out Gateway City.
Economic Strengths & Projects of Lynn
One of the major strengths of Lynn is that it is constantly moving forward. The Economic Development and Industrial Corporation (EDIC) of Lynn is extremely active and involved in the continual development of the City.
It is the goal of the EDIC to transform the waterfront and downtown district into “ bustling, pedestrian-friendly destinations for residents and visitors alike.” (EDIC) For over 40 years EDIC of Lynn has been providing financing to businesses within the City of Lynn. EDIC of Lynn has helped to strengthen Lynn’s economy by encouraging existing companies to expand or new businesses to relocate to the business districts where greeting dining, lofts, and shopping can be found.
New businesses have been welcomed at the former J.B. Blood Building and plans for expansion continue at the Lynn Community Health Center.
Economic Forecast of Lynn
After several challenging years, Lynn is looking to continue their economic development programs along the waterfront as well as downtown in order to encourage further business growth and attract families looking to live near Boston with a more attractive cost of living. Over the next decade, the EDIC plans on further expanding and rejuvenating these business areas to make Lynn the city of the future.
Points of Interest and Events
The City of Lynn has many points of interest throughout the city including outdoor spaces to explore, a vibrant downtown area, and historical landmarks that make the city a wonderful place to live, work, and visit.
Outdoor enthusiasts will love the expanse of beaches, parks, and trails that make up the city. Lynn’s coastline makes up 20 acres and includes public beaches and parks such as Kings Beach, Red Rock Park, and Lynn Beach. Additionally, individuals and families can enjoy walking, biking, and hiking along trails in Lynn Woods, along the Lynn Shore Promenade, Lynn Shore Reservation, and High Rock Reservation. Lynn is considered the southernmost section of the Essex Coastal Byway.
Along with the many places to enjoy Lynn outdoors, there are equally as many places and events in the downtown shopping and cultural district to enjoy. Central Square itself has 20+ international restaurants, public art, museums, and shopping.
In addition to shopping, dining, and getting outdoors, there are options for entertainment at the Lynn Memorial Auditorium where shows are held regularly as well as at the Saugus Iron Work National Historic Site, where Lynn’s history can be explored further.
Economic Resources
The City of Lynn has a multitude of business resources for companies considering starting their business in Lynn or expanding an existing business. Here are just a few of the resources available.
● Lynn EDIC
● North Shore Latino Business Association, Inc Facebook page
● Executive Office of Housing and Economic Development
● EforAll Lynn
● EparaTodos Lynn
● United States Small Business Association
● SCORE & Lynn Area Chamber of Commerce
Major Strengths of the Community
Lynn is known for its diverse population and growing cultural district. The strength of the City lies in the resources and groups willing and ready to help businesses succeed, including EDIC.
Why Choose to Live or Do Business in Lynn?
Lynn is a relatively affordable option for those who want to be near Boston without the Boston cost of living. Lynn is a welcoming community for families, individuals, and businesses.
Public Transportation & Navigating Lynn, Massachusetts
The Lynn Commuter Rail station on the Newburyport/Rockport Line is a key transportation hub for the City of Lynn and the MBTA bus system. Central Square Station has an intermodal station with links to the many bus routes and commuter rail lines.
Contact Lynn
Mayor Jared Nicholson
Lynn City Hall and Memorial Auditorium
3 City Hall Square
Lynn, Massachusetts 01901
(781) 598 – 4000
James Cowdell, Executive Director
Economic Development & Industrial Corporation
Lynn City Hall – Room 405
3 City Hall Square
Lynn, MA 01901
(781)581-9399
jcowdell@ediclynn.org | www.ediclynn.org
Categorised in: chamber of commerce, commercial development, community spotlight, Lynn