Provincetown, MA – MassDevelopment has issued a $4.5 million tax-exempt bond on behalf of Cape Cod Pilgrim Memorial Association, a nonprofit that maintains the Pilgrim Monument and Provincetown Museum (PMPM), libraries, collections, and grounds located at 1 High Pole Road in Provincetown.
The organization will use bond proceeds to fund its Bradford Access Project, which includes building an inclined elevator to connect PMPM to downtown Provincetown. Other components include constructing a pavilion and new entryway at the base of the monument, adding ADA-compliant parking spaces, completing other access improvements for individuals with disabilities, and updating walkways, lighting, landscaping, and signage. The Cooperative Bank of Cape Cod purchased the bond.
“With these improvements, Provincetown’s rich cultural history on display at the Pilgrim Monument and Provincetown Museum will be more accessible to the downtown area and to visitors of all abilities,” said MassDevelopment president and CEO Lauren Liss. “MassDevelopment is proud to help the Cape Cod Pilgrim Memorial Association complete this project with tax-exempt financing.”