Information
Organization's Own Description:
In 2005, the Holbrook working waterfront property was for sale and at risk of development as a private residence, possibly ending forever commercial fishing at this historic site. A dozen community residents formed the Holbrook Community Foundation (HCF) as a nonprofit organization whose purpose was to purchase and manage the property for commercial fishing. This working waterfront is a mixed use property. In addition to the large commercial fishing wharf, Holbrook’s has a seasonal store, a seasonal snack bar on the wharf, and an historic house with two rental apartments and a photography gallery. Leases and rental income cover the costs of managing the property, so HCF operations are financially self-sufficient. The business plan is not dependent on one particular product, and Holbrook’s will be able to survive changes in the commercial fishing industry.
The Holbrook Wharf and Snack Bar underwent major reconstruction in 2009. Innovative use of recycled products and energy efficient design were integral to the reconstruction work. Demolition and construction began in October 2008; rebuilding was completed in May 2009, in time for the summer season.
Private funds play a critical role in restoring and preserving Holbrook’s for commercial fishing. Donations, which are entirely tax deductible, help make this possible.
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