Project Grant 017915217

The Economic Development Administration awarded a $3 million Project Grant to the Chesapeake Conservancy, Inc. under the Economic Adjustment Assistance program to support construction of a new waterfront promenade and associated improvements in Cambridge, Maryland. The project will revitalize a prominent waterfront property serving as the future "gateway" to Cambridge and help the region become more resilient to fluctuations in tourism by increasing employment opportunities, saving jobs, spurring private investment, and advancing economic resiliency. Once completed, the new promenade and associated infrastructure improvements funded through this EDA grant will serve as the communal focal point of Cambridge's waterfront redevelopment efforts.