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Hamden, CT 06518
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HEDC in the News

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Hamden Real Estate Review 

Monday, August 22, 2016
Hamden Continues to Hold the Lowest Industrial Vacancy Rate in Region The industrial vacancy rate for Hamden’s 90 industrial buildings is 8.1%, the lowest vacancy rate for comparable communities in the New Haven North region. As the industrial vacancy rate for the entire New Haven Region is 11.8%, Hamden’s industrial vacancy rate of 8.1% rests comfortably below average. “Although we are pleased to have a low vacancy rate, it challenges us to seek new opportunities,” stated Dale Kroop, Hamden’s long time Director of Economic and Community Development.
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Hamden High School Entrepreneur Program 

Monday, August 15, 2016
Hamden High School entrepreneur students continue their collaboration with the Office of Economic and Community Development here in Hamden. Hamden's DECA program and the Office of Economic and Community Development are working toward a strong, long-term relationship. Hamden High School offers the Distributive Education Clubs of America (DECA) program to its students. DECA prepares emerging leaders and entrepreneurs for careers in marketing, finance, hospitality and management in high schools and colleges around the globe. Hamden high School's DECA chapter has proven to be successful for it has had it best performance ever in 2016, with 34 students wining awards, such awards in the fields International Business, Financial Consulting, and Entrepreneurship Promotion
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Home Health Specialty Services Relocates 

Tuesday, August 2, 2016
Home Health Specialty Services, Inc. has relocated to 2751 Dixwell Avenue Hamden, CT 06518. This home health care agency was established in 2014 and became Medicare certified and ACHC accredited in 2015.

The ribbon cutting ceremony was held on August 1st, 2016 with Mayor Curt Balzano Leng and the Hamden Chamber of Commerce. “The expansion of Home Health Specialty Services demonstrates that the health care industry is becoming one of the most important growth areas in our local economy. Health Care creates jobs and provides a valuable service to Hamden taxpayers, and Hamden is proud to be a regional leader in this field”, stated Mayor Leng.
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Application Process Announced for Zero Energy House 

Friday, July 15, 2016
The Hamden Economic Development Corporation (HEDC) is pleased to announce that it will now accept applications for the lottery for potential buyers of the Zero Energy House, located at 499 Newhall Street in Hamden CT. “We look forward to completing the construction of the house and finding a new family to move in
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HairFlo Opens at Site of Former Joiya Day Spa 

Thursday, July 14, 2016
HairFlo held a Grand Opening/Ribbon Cutting Wednesday, June 29th at the former site of Joiya Day Spa, 2349 Whitney Avenue.
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Manufacturing Company Moves to 16 Corporate Ridge Road 

Thursday, July 7, 2016
A manufacturing company has completed it’s move from Wallingford to Hamden. A ribbon cutting was held at Precision Grinding Solutions on July 1st, 2016. Precision Grinding Solutions, provides manufacturing and high precision grinding services using state-of-the-art equipment for a wide variety of industries, including aerospace, marine, medical, and oil industries. Precision Grinding Solutions has expanded their current manufacturing operations and process capabilities, which provides employment opportunities for highly skilled workers and apprentices within the region.
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Project Management and Redevelopment Produces Economic Development 

Tuesday, June 21, 2016
We are often asked, “What exactly does the Department of Economic and Community Development do?” Hamden has always had a strong Economic and Community Development program that values the importance of business incentives, business retention and attraction and workforce development. The Department of Economic and Community Development’s overall goal is to improve the well being of the town by retaining jobs and growing the tax base.

But there is often more to the process of growing the economy. The hard work that gets done involves complicated real estate negotiations, development, and transactions. These projects are administered either by the Department of Economic and Community Development or by Hamden Economic Development Corporation. The redevelopment issues that typically come up include the remediation of brownfield sites, infrastructure investment, and neighborhood revitalization.
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Zero Energy House Progresses Timetable to be Set for New Owner Selection Criteria 

Monday, June 13, 2016
The Hamden Economic Development Corporation (HEDC) reports that progress continues for the construction of the Zero Energy House at 499 Newhall Street, across from the Hamden Business Incubator.

“Since the groundbreaking, we have completed all of the underground, foundation and utility work. We are beginning to see the home take shape. Now is the time for us to begin the process of selecting a buyer”, stated Dale Kroop, Executive Director of the Hamden Economic Development Corporation.

The project will include a 1800 SF single family home with 3 bedrooms and 2.5 baths. It will also include an attached garage with a 600+ S.F. in-laws apartment. The home is considered a Zero Energy house because of the many energy efficiency features.
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New Collaboration Formed Between Realtors, Town of Hamden and the Hamden Board of Ed 

Thursday, June 2, 2016
Did you know that Hamden High School offers 19 AP courses - among the highest in the state, and that the DECA Entrepreneurial Program regularly wins state and International awards? Did you know that all Hamden Middle School students take pre-engineering, which helps set them up for success in high school science, engineering and math? Did you know that Columbia University experts work with teachers in our elementary schools to implement their highly-effective and research-proven writing program? These facts and many more were discussed over the last few months as part of a new collaboration begun by Dale Kroop, the Director of Economic and Community Development, the Hamden Board of Education and Residential Real Estate brokers.
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Centerville Lumber Site Redevelopment Takes Shape 

Tuesday, May 31, 2016
After years of planning, the redevelopment of the former Centerville Lumber Site will begin in 2016. The property was recently sold to Jordan Properties for $1.8 Million. Steven Press from Press Cuozzo Commercial Realtors of Hamden represented the buyers and sellers.

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