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2019 Power 50: Denis P. Dowdle

Denis Dowdle
Denis Dowdle President Madison Properties, Boston Residence: Newton College: University of Wisconsin
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Unlike virtually anyone else on this list, Dowdle’s power comes on how much he’s being relied on: by Worcester’s government, its taxpayers and the soon-to-be Worcester Red Sox. The anticipated tax revenue from his plans to develop a $140-million mixed-use development adjacent to the $101-million baseball stadium – being built for the minor league baseball team’s arrival in 2021 – are the financial lynchpin in Worcester’s promise to not use any general taxpayer money to cover the ballpark construction costs.

While still being finalized, his plans include 225 apartments, a hotel, an office building and retail. Dowdle, who was looking to develop the Canal District property before the Sox reached an agreement to come to Worcester, has come through for the city before. Almost a decade ago, he built a Walmart Supercenter as part of a new retail complex at the former U.S. Steel site. This time, you could say – in a baseball analogy – the bases are loaded.

Where is the Central Mass. community headed? The positive momentum building in Worcester will continue to accelerate to the benefit of the entire Central Mass community.

Baseball family: My late father-in-law Jim O’Toole pitched for the Cincinnati Reds and started Games 1 and 4 in the 1961 World Series.

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