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The Capital Region Development Authority (CDRA), previously known as the Capital City Economic Development Authority (CCEDA), is a quasi-public state agency in Connecticut, responsible for promoting residential and economic development in and around the downtown district of the capital city of Hartford. The agency in its current form was ...
Unlike county governments, the authority of regional councils is limited to land use policy-making, infrastructure development, emergency preparedness, and long-term planning for population and economic changes for the communities within their respective jurisdiction.
Historically a manufacturing center for arms, hardware, and timepieces, [16] Connecticut, as with the rest of the region, had transitioned into an economy based on the financial, insurance, and real estate sectors; many multinational firms providing such services can be found concentrated in the state capital of Hartford and along the Gold ...
Of home-sale transactions that closed in March 2014, the median home in Connecticut sold for $225,000, up 3.2% from March 2013. [24] Connecticut ranked ninth nationally in foreclosure activity as of April 2014, with one of every 887 residential units involved in a foreclosure proceeding, or 0.11% of the total housing stock., [25] including City Place I and the Traveler's Tower, both housing ...
Economic development projects recently completed in the North End include Wharfside Commons, a 96-unit mixed income apartment block, and the new Community Health Center (completed in 2012 at the corner of Main and Grand Streets [16]). The Green Street Arts Center, founded by Wesleyan and a coalition of community groups in 2000, is a pioneering ...
Image source: Getty Images. 1. Lockheed Martin. After its stock price reached an all-time high earlier this year, Lockheed Martin and its defense contractor peers have sold off considerably over ...
The economy of Stamford, Connecticut is robust and is considered an anomaly for having a large number of corporate headquarters in a city of its size. In the 1980s and 90s, Stamford had the third highest concentration of Fortune 500 companies in the country, with 18 companies headquartered in the city.
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