Downtown Beverly Wants to Do Business With You

Economic Development Showcase

June 1, 2016 at The Cabot with Secretary Ash and the Department of Housing and Economic Development Economic Development Summit at The Cabot

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Downtown Beverly Wants Your Business

Small Businesses Thrive in Downtown Beverly

Events Attract New Customers to Downtown Beverly

After 5 in Downtown Beverly

The Art Scene in Downtown Beverly

Check out our new brochure - "Downtown Beverly Wants to Do Business With You." If you would like a copy, contact gwallace@beverlymainstreets.org.

Why Open Your Business in Downtown Beverly? 

  • Built-in Customer Base 
    • 12,000 residents live within walking distance 
    • 1,000+ employees downtown, 8,000 within two miles 
    • 5,000 students at Endicott College and Montserrat College of Art 
  • Accessible 
    • 25 minutes north of Boston 
    • Five commuter rail stations and an airport 
  • Affordable 
    • Commercial rents are among the most attractive on the North Shore 
    • Housing prices are reasonable 
  • Investments in Development 
    • 500-car MBTA parking garage opening 2014 
    • 100+ new downtown housing units recently developed 
    • Rezoning in process for development along waterfront and riverfront 
    • Rantoul Street and sidewalks will be rebuilt in 2015 
Independently-Owned Businesses Thrive Downtown
  • 300+ independently-owned businesses 
  • Highest concentration of creative economy businesses north of Boston 
  • Lively after five scene offers diverse dining and entertainment options 
  • New businesses recently opened: 
    • The Cabot
    • Winfrey’s Fudge and Chocolates 
    • Wicked Art Bar 
    • Barrel House American Bar
    • and many more! 
About Beverly
Beverly is a historic seaside community with beautiful beaches, a strong school system and a pro-business attitude. 
  • Population: 40,000 
  • Average age: 40 
  • Housing units: 16,000 
  • Median family income: $66,846 
  • Downtown Beverly has two main streets with a cohesive core of historic buildings, parks and open space, easy access to the water and plenty of low-cost parking 
Downtown Beverly Arts District Takes Shape
We’re creating an Arts District with funding from the National Endowment for the Arts.
  • Centered around Montserrat College of Art, the Cabot and Larcom Theatres, historic properties, dozens of galleries and hundreds of artists 
  • Growing our shared and co-working spaces (currently 65+ artists) 
  • Increasing tourism 
Beverly Main Streets
  • Beverly Main Streets is an organized group of 125 business and community leaders focused on revitalizing downtown Beverly 
  • BMS drives economic development by creating the infrastructure for businesses to thrive, development projects to succeed and for housing to be built 
  • We promote downtown Beverly throughout the region with dozens of events that attract thousands of people 
  • BMS is continually enhancing the visitor experience 
How Beverly Main Streets Helps The Future: Downtown 2020
Downtown 2020 is our vision for what downtown Beverly can and will become – a vibrant community that celebrates the arts and creativity with cool places to live, work, shop, play and experience. Downtown 2020 reflects the voices of residents and business owners and was crafted with help from Kennedy Smith, an internationally recognized expert in downtown revitalization. It centers around three goals:
  • Downtown Beverly will be recognized as a regional center for the arts, culture, creative industry and innovation 
  • Downtown Beverly will be the location of choice for retail and creative businesses that appeal to residents, students and visitors 
  • Development in downtown Beverly will follow a clear direction that leverages the unique assets of each main street 
Beverly Main Streets offers a comprehensive toolkit of financial incentives to open your retail business in
downtown Beverly. 
Downtown TIF Available for Housing Development
If you’re looking to build market-rate housing or mixed-use
development, consider downtown Beverly. Take advantage of our Rantoul Street TIF, offering a 50-70% tax reduction in years one through five and 25-30% in years six through 10.

Downtown Events
Downtown Beverly is home to major events throughout the year which attract thousands of potential new customers to your doorstep.
In The News
Downtown Beverly has recently been recognized for our quality of life and economic vitality. Open your business here
and be part of this exciting community!
  • Named one of the Top 50 shopping destinations in the US by Small Business Trends
  • Featured on WCVB TV’s Chronicle
  • Listed as a “Best Place to Live in 2013” by the Boston Globe

For more information, contact
Gin Wallace
Executive Director
Beverly Main Streets
248 Cabot Street Beverly, MA 01915 gwallace@beverlymainstreets.org
978-922-8558