Karl Seidman Economic Development Consultant

Karl Seidman

Karl F. Seidman is an economic development practitioner with over 30 years of professional experience in state and local government, as a consultant and as Senior Lecturer at MIT’s Department of Urban Studies and Planning. His expertise includes:

  • Economic development plans and strategies
  • Commercial district revitalization
  • Real estate market and feasibility analysis
  • Economic development finance
  • Program design and evaluation

Recent consulting projects include:

  • Housing and jobs linkage fee nexus study for Somerville Massachusetts
  • Gloucester Massachusetts Harbor Economic Development Plan
  • Strategic revitalization plan for New Orleans’ O.C, Haley Merchants and Business Association
  • Part of national evaluation team for The Integration Initiative—a Living Cities initiative to promote systems change to advance low-income communities in five cities

At MIT, he teaches courses in Economic Development Finance. Economic Development Planning and, with Susan Silberberg,  co-teaches the practicum  Revitalizing Urban Main Streets which has prepared ten commercial district revitalization plans, including national award-winning plans for New Orleans’ St. Claude Avenue and Boston’s Hyde-Jackson Square commercial districts.

His has served as Deputy Director and Chief Financial Officer for Mass Development, a state agency that finances and manages redevelopment projects and Research Director for two Massachusetts legislative committees.  Mr. Seidman’s accomplishments include:

  • Building a $120 million state real estate finance and development authority
  • Preparing over 20 local and regional economic development plans
    • Completing feasibility studies, market analyses, financing packages, and marketing plans for multiple development projects
  • Authoring laws that established twoMassachusetts business finance agencies
    • Participating in national evaluations of federal and foundation economic and community development programs.

Mr. Seidman holds a master’s degree in public policy from Harvard’s Kennedy School of Government and a bachelor’s degree in political science from AmherstCollege. He is the author of Coming Home to New Orleans: Neighborhood Rebuilding After Katrina, Economic Development Finance and Revitalizing Commerce for American Cities: A Practitioner’s Guide to Urban Main Street Programs, and over sixty studies and consulting reports.