Land on Dutton Street will be used for Hamilton Canal Development
Senator John Kerry and Fifth District Congresswoman Niki Tsongas today introduced legislation that would enable the transfer of land owned by the National Park Service as part of Lowell National Historical Park to the City Lowell. The bill would permit the transfer of the National Park's surface parking lots on Dutton Street to the City in exchange for an equal number of parking spaces in a new garage to be built by the City adjacent to the existing parking lots.
The land where the Dutton Street lots are located is needed for the development of the Hamilton Canal District. Lowell National Historical Park is eager to provide the City of Lowell with the property but federal law requires that the National Parks Service receive land of equal value in exchange. The legislation that Kerry and Tsongas are filing today provides a vehicle for the mutually agreed upon exchange to take place.
"We're going to turn 15 acres of vacant space into an exciting new neighborhood right in the heart of Lowell. That's going to revitalize the Hamilton Canal District, transform downtown, and create jobs. This bill will create a path for getting it done and I'm glad I could be a part of it," said Senator Kerry.
"The exchange of property between the Park and the City is needed to further the development of the Hamilton Canal area which will create new economic opportunity and hundreds of new jobs in Lowell," said Congresswoman Niki Tsongas. "Both parties helped orchestrate a commonsense solution that satisfies federal requirements for this type of land exchange. That is why Senator Kerry and I are filing this legislation today and we will be working to win necessary Congressional approval in the coming weeks."
"This legislation will provide Lowell National Historical Park and the City the opportunity to better plan as both the Park and City evolve within a dynamic urban landscape," explained Michael Creasey Superintendent of Lowell National Historical Park.
The legislation filed by Kerry and Tsongas today also extends the Lowell National Historical Park Loan Preservation Program for an additional 25 years. This program provides loans up to $200,000 for the rehabilitation of nationally significant historic properties as established by the Lowell Historic Preservation Commission.