Gov. Ned Lamont unveiled his first legislative proposals Wednesday for 2020: a new incentive program for businesses to expand or relocate jobs to Connecticut and a revised small business assistance initiative.
As Connecticut struggles to shore up its cities, it might look to Louisville — where leaders created a thriving regional city.
Lowell hasn’t spun dross into gold or been blessed by some other miracle. The city of 111,000 has most of the same issues that challenge other urban areas. But it has steadily moved ahead since the 1980s.
Colleges may not have “saved” the cities where they are located, but they advanced urban revitalization.
Acuity Brands is one of dozens of companies that represent millions in private investment in downtown New Haven. But not everyone is sharing in the growth.
Since 2012, ConnCAT has provided free vocational training in medical billing and coding, phlebotomy and culinary arts fields that have job openings, aided by the relationships the organization has built with employers.
Inclusive growth calls on cities to revive themselves so that all residents benefit, which has been challenging here in Connecticut and elsewhere.
Springfield, like Bridgeport, is an industrial city that lost its manufacturing base and struggles with poverty and unemployment. But Springfield is on the rise.
The Bridgeport focus group discussed the state of development in Bridgeport, and areas where it can improve. It included city residents, as well as those from the neighboring towns of Easton and Stratford.
For cities like Hartford and New Haven, tax breaks can be the lifeblood of much of the economic development that occurs within their borders.
Shelbourne Global purchased more than $200 million in Hartford real estate, but the 2016 revaluation more than doubled the taxes on three of its Class A office towers.
Downtown New Britain is steadily coming back after years of decline. What’s driving this revival? The bus.
A dry talent pipeline is contributing to economic stagnation in Connecticut’s cities. The state is one of 15 in the country with no accredited, graduate level urban planning programs.
In the years since the state purchased office buildings in Hartford, the MetroHartford Alliance, realty brokers, and others have called for “sale-leaseback” transactions to get them back on the property-tax rolls.
Local officials have learned that the state’s PILOT program is also voluntary, in a sense, with lawmakers able to override it when finances are tight.