the john and christina markey malden senior community center …a public/private partnership brings...

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The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community Development Association (Winter 2012 Conference)

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Page 1: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

The John and Christina Markey Malden Senior Community Center

…A public/private partnership brings new life downtown

Presentation to: National Community Development Association

(Winter 2012 Conference)

Page 2: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

A Few Facts About Malden, MA

• An urban city five miles north of Boston• Population 59,450• Catalyst for renewed interest and investment in downtown

Page 3: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

State-of-the-Art Facility

• New use for former church• Greatly expanded facilities

• Ten times the size• 5,400 senior visits per month

• Three times as many

Before After

Page 4: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

Leveraging the Necessary Resources

Funding Sources:•$ 2M- HUD Section 108 Loan•$ 7.2M- City•$ 450K- Cambridge Health Alliance Donation•$ 250K- Private Foundation Grant

Total Pricetag:•$ 7.6M- Rehab•$ 2.3M- Acquisition

Page 5: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

A Successful Adaptive Re-Use• High-tech auditorium• Host of recreational amenities • Regulation-sized pool table• Nautilus room• Bocce court• Computer room• Vibrant public courtyard• Library with gas fireplace• Large kitchen

Page 6: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

Some Demographic Projections

The new “elder population” differs from prior generations:

• Healthier• Better educated• More racially and ethnically diverse• Longer life expectancy• Extended time in the workforce

(Source: Report, White House Conference on Aging, 2005)

Page 7: The John and Christina Markey Malden Senior Community Center …A public/private partnership brings new life downtown Presentation to: National Community

Special thanks to NCDA for this Audrey Nelson Community Development Achievement Award

Malden takes pride in using federal funds to address the needs of its growing elderly population