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Transformative Development Initiative Fellow Julie Copoulos outlines the three-year program's progress in bringing life to North Street and its goals for 2024.

Pittsfield TDI Partnership Aids Downtown Businesses, Activates Spaces

By Brittany PolitoiBerkshires Staff
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PITTSFIELD, Mass. — A total of $469,000 aided downtown businesses through MassDevelopment's Transformative Development Initiative last year. 

On Tuesday, TDI Fellow Julie Copoulos outlined the three-year program's progress in bringing life to North Street and its goals for 2024.

"Recently someone said to me, 'Well, you know, mayor, we need to start getting some storefronts open,' and thanks to Julie's work, we have six or seven new downtown businesses," Mayor Peter Marchetti said.

Since 2022, Copoulos has collaborated with over 20 stakeholders in the TDI district to foster equitable investment. Efforts are focused on housing, pedestrian infrastructure, public spaces, and small businesses.

"Tonight I want to highlight a few early wins for the council," she said.

Downtown Pittsfield became a TDI district a couple of years ago after the initiative was successfully applied to Tyler Street. TDI concentrates economic development activities, resources, and investments within designated neighborhood areas for a term of two to four years. The districts are mixed-use with a commercial component, compact, and defined by a walkable, dense physical environment.

In 2023, $469,000 in investments supported small businesses directly and indirectly through equity and local grants and an additional $125,000 will launch on Friday to support support existing businesses by providing direct grants and consulting and improving community connections.

The equity grants are administered by the state and the local grants are administered by partners in the area. Eight businesses secured funding including Marie's North Street Eatery, Brazzuca's Brazilian Market, and BB's Hot Spot at The Lantern.

A $65,000 TDI Creative Catalyst grant funded a series of "Let it Shine" murals, "The Lab" technology at the Boys and Girls Club of the Berkshires, and Pittsfield Community Design Center.



Looking ahead, there is a focus on activating spaces such as Dunham Mall and Burbank Place with plans for lighting, seating, art and programming guided by community input. Designs will be unveiled in just weeks. A hearing was held for the activation of the two alleyways last month.

The project has secured $52,000 of its $70,000 goal through a $35,000 Commonwealth Places grant, $15,000 from Pittsfield Beautiful, and $2,000 from NBT Bank's partnership with the Let It Shine! public art program. A fundraiser was launched for the $18,000 gap, as the $35,000 state grant needs to be matched by the community.

Last year, the city unveiled eight new murals through the public art partnership with local artists, Downtown Pittsfield Inc., and the TDI.

Behind the scenes, artist housing is being explored with theater nonprofits, identifying underutilized spaces for downtown mixed-use housing development.

"I want to emphasize that this progress and process is driven by local partners and leaders," Copoulos said. "I'm pleased to work with the hardworking and innovative people of Pittsfield every day."

She reported that since coming to the district, 18 to 20 businesses have opened in the downtown.

"I appreciate the work that you do," Ward 5 Councilor Patrick Kavey said, explaining that there was a time before the pandemic when the corridor was bustling and he feels it is returning to that way.  


Tags: Downtown Pittsfield,   

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Berkshire Market Continues to Defy Broad Headlines

By Sandy CarrollGuest Column

The good news — residential sales rose countywide 7 percent, dollar volume rose 14 percent. 

If there's one takeaway from our full 2026 Q2 Market Watch Report, it's this: all real estate is local.

National economists can provide context, but they rarely tell the full story of what's happening here in Berkshire County. In fact, this year's numbers reinforce just how important it is to look beyond countywide trends and into individual communities.

After a slower first quarter, the market found its footing. Through the first six months of 2026, residential home sales increased 8 percent while dollar volume climbed an impressive 14 percent, reaching nearly $257 million in closed sales. Median sale prices also continued their steady upward trend, reaching $360,000 countywide.

The strength of the market, however, wasn't evenly distributed.

Middle and South Berkshire led the way with gains in both sales and dollar volume, while North Berkshire experienced a modest decline in residential activity overall. Yet even within those regions, individual towns told very different stories. Some communities experienced significant growth while neighboring towns slowed considerably — another reminder that real estate decisions should always be based on local market knowledge rather than broad assumptions.

 As our inventory levels shift, and in some months our absorption rates look to be heading toward a more balanced market, it is important to look at the price ranges where listings are selling, versus where we have a lot of inventory. The steady pace of the second quarter has created a very hectic market in the field, with agents running non-stop to manage their client demands. With a slightly lower pending sales rate heading into the third quarter but still a frenetic pace in the market, it's hard to project what the third quarter will bring.  It's also important to dig into town trends, as that is definitely an interesting and varied part of the market that this generalized data doesn't easily reveal.

Outside the single-family market, conditions remain mixed. 

Condominium and multifamily sales softened compared to last year, commercial sales remained modest, while land sales showed encouraging improvement after several challenging years. Mobile homes also continued to provide an important affordable housing option and posted solid gains during the first half of the year.

 

Perhaps one of the most encouraging trends is inventory. While still well below historical norms, available housing continues to improve gradually. Berkshire County remains a seller's market, but additional listings are creating more opportunities for buyers than we've seen in recent years.

Nationally, economists expect housing activity to strengthen during the second half of 2026 as inventory grows and mortgage rates stabilize. Whether those forecasts fully materialize remains to be seen, but locally we've already witnessed how quickly market conditions can change from one quarter to the next.

As always, this summary only scratches the surface. Our complete Market Watch includes town-by-town statistics, historical trends, appreciation data, and detailed reports for every major property type. Whether you're buying, selling, investing, or simply keeping an eye on the market, those local details often tell the most important story.

Full PDF Editions: 2026 Q2 Market Watch Report

Sandy Carroll is CEO of the Berkshire County Board of Realtors.
 

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