the region’s key economic development projects · to showcase key economic development projects...
TRANSCRIPT
BRIDGEPORT
EASTON
FAIRFIELD
MONROE
SHELTON
STRATFORD
TRUMBULL
THE REGION’S KEY E CO N O M I C DEVELOPMENT PROJECTS
Volume 2
A Bridgeport regionAl Business CounCil puBliCAtion
What Gets Measured, Gets Managed
SEPTEMBER 2014
Q Rquarterly review of economic development
bridgeport regional business council
The
14 new projectsand 16 updates inside!Plus, more highlights
at brbc.org!
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Welcome to the second edition of The QR, a quarterly print and digital publication designed to showcase key economic development projects that have a positive impact on the economy, jobs creation, image, and quality of life in the Greater Bridgeport Region. The adjacent legend will help you navigate through the comprehensive overview of projects that are planned, currently in motion, and recently completed.
• bridgeport• easton• fairfield• monroe• shelton• stratford• trumbull
planned in moTion compleTed
PROJECT STATUS:
developmenT opporTuniTiesinvesTmenT opporTuniTies
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BARNUM TRAIN STATIONLOCATION: 812 Barnum Avenue, BridgeportACTIVITY: 7 acres (former RemGrit site). Demolition, environmental clean-up in progress. State has allocated $2.75 million to fund the cost of designing the new station.
ESTIMATED ECONOMIC IMPACT:JOBS: 625 Construction, 35 Permanent, 647 IndirectCAPITAL INVESTMENT: $75M COMPLETION: 2019CONTACT: David Kooris, City of Bridgeport, [email protected], www.bridgeportct.gov
BIJOU SQUARE PHASE IILOCATION: 274, 277, 323 Fairfield Avenue, BridgeportACTIVITY: Phase I completed, Phase II underway. Mixed-use to include residential, Downtown Cabaret, New England Ballet, and Bijou Art Center
ESTIMATED ECONOMIC IMPACT:JOBS: 40 ConstructionCAPITAL INVESTMENT: $26M - Phase 1 COMPLETION: Phase II, Mid 2015CONTACT: Phil Kuchma, Kuchma Corporation, [email protected], www.kuchmacorporation.com
BRIDGEPORT LANDING/Bass Pro ShopsLOCATION: 325 Stratford Avenue, BridgeportACTIVITY: Vertical construction on Bass Pro Shops will begin end of September 2014. Concrete pad for 150,000 SF mega-store has been readied and building permits filed.
ESTIMATED ECONOMIC IMPACT: JOBS: 237 full and part-time workersCAPITAL INVESTMENT: $68.5MCOMPLETION: Fall 2015CONTACT: Steve Tyliszczak, Bridgeport Landing Development, 203.330.8200, [email protected], www.bldsteelpointe.com
DOWNTOWN NORTH VILLAGE PROJECTLOCATION: North End of downtown BridgeportACTIVITY: Developers chosen for mixed-use project that will include Colorblends Tulip Museum and The Security Building.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: Not available at this timeCOMPLETION: Not available at this timeCONTACT: David Kooris, City of Bridgeport, [email protected], www.bridgeportct.gov
ECO-TECHNOLOGY PARKLOCATION: West Side, BridgeportACTIVITY: Renewable, green energy projects designed to support/sustain existing businesses, attract green technol-ogies, and create jobs. Grant to BEDCO will formalize Park.
ESTIMATED ECONOMIC IMPACT:JOBS: 140 to dateCAPITAL INVESTMENT: Not available at this timeMUNICIPAL DEVELOPMENT PLAN: Underway in September 2014 CONTACT: Jeff Bishop, Bridgeport Regional Business Council203.335.3800, [email protected], www.brbc.org
HOUSATONIC COMMUNITY COLLEGELOCATION: 900 Lafayette Boulevard, BridgeportACTIVITY: Completed architectural drawings for Lafayette Hall, 6/3/14. RFP construction bids, late June 2014. Construction start, June 2015 pending state bonding approvals.
ESTIMATED ECONOMIC IMPACT:JOBS: 670CAPITAL INVESTMENT: 45.8MCOMPLETION: June 2017CONTACT: Housatonic Community College, 203.332.5224, www.housatonic.edu
JEWISH SENIOR SERVICES® LOCATION: 4200 Park Avenue, BridgeportACTIVITY: Construction started on a new intergenera-tional campus offering the first “household” model nursing home in the State of Connecticut.
ESTIMATED ECONOMIC IMPACT:JOBS: 800 New JobsCAPITAL INVESTMENT: $94M TAX BASE: $65,000 annually COMPLETION: Spring 2016CONTACT: Andrew H. Banoff, Jewish Senior Services®, 203.365.6400, www.jseniors.org
LAKE SUCCESSLOCATION: Northeastern quadrant of BridgeportACTIVITY: 344 acre site supporting 1.4 million+ SF of office, hi-tech clean manufacturing and R&D space. Environmental remediation nearly completed.
ESTIMATED ECONOMIC IMPACT:JOBS: 4,350+ jobs growthCAPITAL INVESTMENT: 50M+, 10M estimated tax revenueCOMPLETION: Date not available at this timeCONTACT: Thomas Stilley, DuPont USA, 203.576.1829 ,[email protected], www.dupont.com
MECHANICS & FARMERS BUILDINGLOCATION: 930 Main Street, BridgeportACTIVITY: 25,000 SF renovation/expansion. Fletcher Thompson HQ, 30 apartments completed w/residents mov-ing in 7/18/14. Communal tenant finishes in progress.
ESTIMATED ECONOMIC IMPACT:JOBS: 100 PermanentCAPITAL INVESTMENT: $19MCOMPLETION: September 2014CONTACT: Scott Raasch, Forstone Capital, 203.286.5813 , [email protected], www.landmarkbpt.com
PORT JEFFERSON FERRYLOCATION: Seaview Avenue, BridgeportACTIVITY: Ferry to move to larger, more accessible,15 acre Seaview Avenue property constructing a new, 65-foot-tall terminal.
ESTIMATED ECONOMIC IMPACT:JOBS: Creating 200+ jobsCAPITAL INVESTMENT: Not available at this timeCOMPLETION: Not available at this timeCONTACT: Fred Hall, Bridgeport & Port Jefferson Steamboat Company, 631.473.4254 , [email protected]
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Easton Bridgeport Bridgeport Stratford
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THE SMILE PROJECTLOCATION: West Side, BridgeportACTIVITY: 5.1 acre site visible from I-95 to transform vacant space to multi-use property w/retail, 330 one and two bedroom apartments, recreational and open space.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $100MPROJECT PROJECTION: 18 month construction period, Phase 1 CONTACT: Gary Flocco, Corvus Capital Partners LLC ,914.395.1180 , [email protected]
UNIVERSITY OF BRIDGEPORT/ERNEST C. TREFZ SCHOOL OF BUSINESSLOCATION: 230 Park Avenue, BridgeportACTIVITY: Renovation of Mandeville Hall completed, plans to build 221-bed residential hall are underway.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $4MCOMPLETION: September 2014CONTACT: Mary Jane Foster, University of Bridgeport, [email protected]
FAIRFIELD METRO CENTERLOCATION: 1/2 mile from Exits 23, 24 & 25 of Interstate 95ACTIVITY: 40,000 SF of Class A office space, 30,000 SF retail, 178 room Hilton franchise, 200 unit apartment build-ing, commuter parking lot and 11 acre waterfront preserve.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $70M+ COMPLETION: Not available at this timeCONTACT: Mark Barnhart, Town of Fairfield, [email protected]
FAIRFIELD UNIVERSITYLOCATION: Fairfield University, FairfieldACTIVITY: New construction of Rafferty Stadium, a 3,500 seat NCAA Division One sports stadium to support men’s and women’s lacrosse program.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $10MCOMPLETION: Spring 2015CONTACT: David Frassinelli, Fairfield University, 203.254. 4254 , [email protected], www.fairfield.edu
OSG URGENT CARELOCATION: 305 Black Rock Turnpike, FairfieldACTIVITY: Former Syms Building conversion to 43,000 SFMedical Facility.
ESTIMATED ECONOMIC IMPACT:JOBS: 75-100CAPITAL INVESTMENT: $25MCOMPLETION: 4Q 2015CONTACT: Mark Barnhart, Town of Fairfield, [email protected]
SACRED HEART UNIVERSITYLOCATION: 5401 Park Avenue, FairfieldACTIVITY: New construction of the 125,000 SF John F. Welch College of Business and the Department of Communication & Media Studies is underway.
ESTIMATED ECONOMIC IMPACT:JOBS: 400 construction, 20 permanentCAPITAL INVESTMENT: $60MCOMPLETION: Winter 2015CONTACT: Michael L. Iannazzi, Sacred Heart University, 203-371-7899, [email protected], www.sacredheart.edu
WALMARTLOCATION: Victoria Drive off Route 25, MonroeACTIVITY: 160,942 SF Walmart Superstore to be built on 40 acres. Planned start for site work, road work, wastewater treatment facility late 2014.
ESTIMATED ECONOMIC IMPACT: JOBS: 300 New JobsCAPITAL INVESTMENT: Not available at this timeCOMPLETION: Not available at this timeCONTACT: Stephen J. Vavrek, First Selectman, Monroe 203.452.2819, [email protected]
WILLIAM RAVEIS HEADQUARTERS LOCATION: 2 Research Drive, SheltonACTIVITY: 43,000 SF of a 55,000 SF building on 5 acres to be retained after a partial demolition and renovation. Zoning approved, in design stages.
ESTIMATED ECONOMIC IMPACT: JOBS: 200 jobsCAPITAL INVESTMENT: $2M+COMPLETION: Early 2016CONTACT: William Raveis, Chairman and CEO, 203.926.1090, [email protected]
CONNECTICUT DISTRIBUTORS INCLOCATION: 333 Lordship Boulevard, StratfordACTIVITY: Leading liquor distributor expansion project. CDI has received town approval for a 45,000 SF addition. Permit application underway.
ESTIMATED ECONOMIC IMPACT:JOBS: 300, 17 new jobs added with expansionCAPITAL INVESTMENT: Not available at this time COMPLETION: Spring 2015CONTACT: Brian Albenze, Connecticut Distributors, Inc., 203-377-1440, www.ctdist.com
EXIT 33 INTERCHANGELOCATION: I-95 StratfordACTIVITY: Progress is being made on construction of two ramps on and off of I-95, exit 33. New ramps are a key component to support economic development in Stratford.
ESTIMATED ECONOMIC IMPACT:JOBS: Construction & engineering jobs, # not available.CAPITAL INVESTMENT: Not available at this time COMPLETION: 2017CONTACT: Karen Kaiser, Department of Community/Economic Development, 203.381.1351
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Trumbull Bridgeport Monroe Fairfield
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NUOVO PASTA PRODUCTIONSLOCATION: 125 Bruce Avenue, StratfordACTIVITY: New pasta manufacturing facility. Construction is almost complete.
ESTIMATED ECONOMIC IMPACT:JOBS: 30CAPITAL INVESTMENT: Multi-million COMPLETION: Fall 2014CONTACT: Carl Zuanelli, Nuovo Pasta, 203-380-4090www. nuovopasta.com
SIKORSKY AIRPORT UPGRADELOCATION: 1000 Great Meadow Road, StratfordACTIVITY: Preconstruction is ongoing, Construction to begin end of 2014.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $20MCOMPLETION: End of 2015 CONTACT: Karen Kaiser, Department of Community/Economic Development, 203.381.1351, www.pointstratfordrenewal.com
POINT STRATFORD RENEWALLOCATION: 77 acre site, StratfordACTIVITY: Planned mixed-use development near Sikorsky Memorial Airport includes 3 million SF of new buildings. A significant and premier project for Stratford and the region.
ESTIMATED ECONOMIC IMPACT:JOBS: 1,000 New JobsCAPITAL INVESTMENT: Not available at this time COMPLETION: Not available at this timeCONTACT: Karen Kaiser, Department of Community/Economic Development, 203.381.1351
ST. VINCENT’S URGENT CARELOCATION: 3272 Main Street, StratfordACTIVITY: Urgent Care, Walk-In-Center, Primary Care, Multi-Specialty Group Practice. Under construction, opening end of 2014.
ESTIMATED ECONOMIC IMPACT:JOBS: 12-15 Construction, 16 PermanentCAPITAL INVESTMENT: $1M - $2MCOMPLETION: Late 2014CONTACT: Ronald Brown, St. Vincent’s Health Services, [email protected], 203.576.5775, www.stvincents.org
4244 MADISON AVENUELOCATION: 4244 Madison Avenue, TrumbullACTIVITY: New mixed use restaurant plaza. Received zoning approval 6-18-14.
ESTIMATED ECONOMIC IMPACT:JOBS: 25 PermanentCAPITAL INVESTMENT: $2.5M TAX BASE: $40,000 COMPLETION: Late 2015CONTACT: Michael DiScala, M.F. DiScala & Co. 203.854.5046
BRIDGEPORT HOSPITAL OUTPATIENT CENTERLOCATION: 5520 Park Avenue, TrumbullACTIVITY:120,000 SF Medical Office Building and Parking Structure. Parking structure to open September 2014. Main building to start construction October 2014.
ESTIMATED ECONOMIC IMPACT:JOBS: 140 Construction, 75 PermanentCAPITAL INVESTMENT: $110M COMPLETION: March 2016CONTACT: Norman G. Roth, Bridgeport Hospital, [email protected], 203.384.3338, www.bridgeporthospital.org
INSPORTSLOCATION: 29 Trefoil Drive, TrumbullACTIVITY: Recently renovated, multi-sport recreation center installation of 252KW/$1M solar panel system.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $1M COMPLETION: September 2014CONTACT: Peter Corbett, Insports, [email protected],203.268.1214, www.insportscenters.com
THE BRIDGES AT TRUMBULLLOCATION: 2415 Reservoir Avenue, TrumbullACTIVITY: 72 Bed, 64 Unit Assisted Living Complex.
ESTIMATED ECONOMIC IMPACT:JOBS: 40 PermanentCAPITAL INVESTMENT: $12M TAX BASE: $200,000COMPLETION: 2016CONTACT: Steve Senna, National Development, 617.559.5046, [email protected]
TRUMBULL CENTERLOCATION: 900-960, 915-965 White Plains Road, TrumbullACTIVITY: Ongoing renovation/modernization of approxi-mately 200,000 SF retail, restaurant and office commercial center.
ESTIMATED ECONOMIC IMPACT:JOBS: Not available at this timeCAPITAL INVESTMENT: $5M (to-date)COMPLETION: 2017 with ongoing improvementsCONTACT: Peter DiNardo, DiNardo Enterprises, 203.333.0206, www.dinardoent.com
WESTFIELD TRUMBULL: CHEESECAKE FACTORYLOCATION: 5065 Main Street, TrumbullACTIVITY: 1,124,614 SF regional mall with 176 retailers, announces the opening of a 9,500 SF restaurant,Cheesecake Factory in August 2014.
ESTIMATED ECONOMIC IMPACT:JOBS: 300 PermanentCAPITAL INVESTMENT: $4MCOMPLETION: Open August 2014CONTACT: Paul Sabina, Leasing/Westfield Trumbull, [email protected], 203.770.1765
What Gets Measured, Gets Managed
Celebrating 90 years in business, Fuss & O’Neill offers professional consulting expertise in environmental site assessment, remediation, compliance and permitting, land development, transportation, structures, water and sewer systems, and water resources.
Located at 56 Quarry Road in Trumbull, Fuss & O’Neill has maintained a Fairfield County office for 15+ years concentrating on servicing clients in southwestern CT, eastern New York state, and NYC. The office is comprised of LEPs, PEs, LAs, LEED APs, industrial hygienists, hydro-geologists, scientists and other technical staff.
Find out more at www.fando.com.
Whether your goal is to save money, ensure life safety support, or both, RSP Systems is there to help decipher the complexity of the energy equation. Capstone RSP works closely with clients to understand their power system requirements to then design and deliver the most cost-effective system available.
The unique stainless steel aircraft grade turbine utilizes advanced technology; air bearings with no lubrication for cogeneration, tri-generation and backup power for the cleanest burning engine on the planet.
For more information contact Howard Rosen at 718.991.6999 x 240
“RSP-Systems” is an exclusive authorized
Capstone turbine distributor and certified
service provider for greater New York and Connecticut.
Corvus Capital Partners LLC Real Estate provides financial advice for NMTC and LIHTC in addition to JV Development of Retail, Residential and Office Buildings in the tristate area.
An advocate of smart-growth strategies and specializing in Walkable Communities, Corvus Capital Partners support projects that allow communities to grow in a way that preserves open space, minimizes pollution and habitat loss, maximizes economic prosperity, is equitable to all, and maintains and enhances quality of life.
For more information contact Gary Flocco at 914.395.1180.
The QR - Sponsored by
Since its founding in 1975 by Chairman Robert Scinto, R.D. Scinto, Inc. has been a leader in Connecticut corporate real estate, with over 3.4 million square feet in 34 buildings and an occupancy rate of nearly 98%. R.D. Scinto, Inc. maintains a reputation of excellence in both service and amenities as a result of its commitment to hands-on service. A family business, based at 1 Corporate Drive in Shelton, Connecticut, R.D.Scinto, Inc. does whatever it takes to help its to tenants succeed.
Find out more at scinto.com
Founded in Bridgeport in 1919 and now located at 1180 Stratford Road, Stratford in a 25,000 SF facility, Main Enterprises Inc. state-of-the-art service department, complemented with the area’s most talented technicians and sophisticated equipment, assure customers that their systems are operating dependably and being maintained to meet or exceed manufacturers’ recommendations via its 24/7 service call center.
Specializing in professional design/build projects and cost-effective plan and specification work, Main Enterprises delivers “Mechanical Exceptionalism” to your next project. Visit www.mainhvac.com for more information.
Providing commercial customers with value-enriched Heating, Ventilating and Air Conditioning (HVAC) service and installations for more than 90 years.
Leggette, Brashears & Graham, Inc. (LBG) is a recognized leader in the fields of geology, hydro-geology and environmental investigation and remediation. LBG has provided professional consulting services for more than six decades. Our expertise includes brown-fields investigations and remediation, environmental site assessments, hazardous building material assessments, remediation, compliance, permitting, and all aspects of development and management of groundwater resources, as well as, comprehensive civil engineering consulting services. Noted for providing the highest quality technical work, LBG’s reputation reflects excellence in our commitment to accuracy, professional expertise and exemplary client service. Visit www.lbgweb.com or call us at 203-929-8555 for more information.
With 700,000 natural gas and electric customers to serve across two states, our success depends on our ability to leverage the unique talents and perspectives of each of our 1,800+ employees. That’s why we’ve made diversity a part of our corporate DNA at UIL Holdings. By providing opportunity, we’re proud to share our success.
Success Starts with Opportunity
www.uil.com
The Julian Companies, privately held and family owned, have been active in the construction, development, and management business since 1907. Headquartered in Milford, CT., Jason and Andrew Julian, Jr lead a team of professionals actively involved in acquiring and developing shopping centers, mixed-use, and commercial properties throughout the East Coast. Projects are finished on time, within budget and delivered with first class quality.The Julian Companies also operate dimensional stone quarries, aggregate supply facilities, and recycling centers from Vermont to Upstate NY. Their premier trucking divisions transport these materials to their customer base throughout New England.For more information, email [email protected].
Experience in managing diverse and complex
properties offers tenants and customers quality
service that is synonymous with the Julian name.
ABOUT THE QR:
Bridgeport regionAl Business CounCil • 10 middle street • 14th floor • Bridgeport, Ct 06604 • p: 203.335.3800 • f:203.366.0105
A Bridgeport regionAl Business CounCil puBliCAtion
Vested in the economic vitality of the Greater Bridgeport Region, The Bridgeport Regional Business Council takes an active role in communicating, advocating, and facilitating projects and initiatives that build and advance a vibrant and involved business community. To that end, The QR or Quarterly Review of Economic Development offers a quarterly update of key economic development projects that will result in jobs growth and that will build the regional economy.
Updates are available in print, via the BRBC’s digital newsletter with distribution to a database of 2300 business professionals, and accessed on-line at www.brbc.org.
Mark Barnhart, Town of FairfieldJames Benson, Merit Insurance Jeff Bishop, Bridgeport Regional Business CouncilMarc Brunetti, Bridgeport Hospital Dean DeBiase, People’s United Bank Mary Dean, Stratford Chamber of CommerceJ. Kyle Dougherty, Dougherty Insurance Agency, Inc.Kevin Foley, Cushman WakefieldDavid Frassinelli, Fairfield University Mark Fries, People’s United Insurance AgencyMaureen Funke, The Whiting-Turner Contracting Company David Galla, People’s United BankNicole Grant, The UIL Holdings CorporationSteven Hodson, Hodson Realty, Inc.Jason Julian, Julian Enterprises
Karen Kaiser, Town of StratfordDavid Kooris, City of BridgeportEdward Lavernoich, Town of Trumbull Stuart Marcus, M.D., St. Vincent’s Health ServicesPeter Maher, Union Savings BankPatrick McDonnell, The UIL Holdings CorporationRobert Morton, Morton’s Mortuary, Inc.Jocelyn Paoletta, Bridgeport Regional Business Council Roberto Perez, Town of MonroeRob Scinto, R.D. Scinto, Inc.Paul Timpanelli, Bridgeport Regional Business Council Robert Trefry, PathQuest Coaching and ConsultingStephen Vavrek, Town of MonroeDouglas Wade, Wade’s Dairy, Inc. Bruce Wettenstein, Vidal/Wettenstein, LLC
Go to The QR at www.brbc.org for a complete overview of current and past properties featured within this quarterly publication.
Contact: Jeff Bishop, [email protected] to submit your project for inclusion in The QR.Contact: Jocelyn Paoletta, [email protected] for sponsorship information.
Photo Credits: Roger Salls Photography, City of Bridgeport, Towns of Fairfield, Monroe, Stratford, Trumbull
BRBC ECONOMIC DEVELOPMENT COMMITTEE: Co - Chairmen: Paul Antinozzi, AIA, Antinozzi Associates Ken Oppedisano, Main Enterprises, Inc.