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Advisers urge a central business inventory, vacancy tracking and parking work to aid local businesses

Council of Economic Advisors · June 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee members recommended creating a central business database, using municipal data sources to maintain contacts, and tracking ground‑floor and office vacancies; they also discussed coordinating parking reform and design guidelines with the Planning Board.

Members spent a substantial portion of the July 12 meeting discussing how the town can better understand and support its commercial base.

Participants urged the creation of a central, living business inventory and customer‑relationship management (CRM) system so town departments and commercial stakeholders can access consistent contact information. Sources discussed multiple inputs for such a database — a previously compiled Babson spreadsheet, purchasable commercial lists, state labor data and municipal records — and emphasized that maintaining current records will require cross‑departmental processes.

One pragmatic data source flagged during the discussion was water‑billing records, which are updated monthly and could help identify active commercial occupants. Members also proposed a vacancy‑tracking practice for visible retail storefronts and larger office buildings and suggested engaging major landlords to report changes, while acknowledging the town's limited staff capacity to run frequent audits.

Separately, Planning Board representatives described an agenda item on parking reform that will include regulatory changes (minimums and signage) and non‑regulatory activation to make better use of existing inventory. The planning staff said design guidelines will be required as part of MBTA‑related zoning updates and invited CEA members to participate in subcommittees.

The meeting did not produce formal motions on these items; members asked staff to evaluate resources, pull together existing lists, and report back with a proposal for how to maintain a business inventory and a vacancy‑monitoring approach.