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HEDC in the News

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Progress Made at Former Middle School 

Tuesday, May 1, 2018
PROGRESS MADE AT FORMER MIDDLE SCHOOL SITE There will soon be a small but a significant step towards the redevelopment of the former middle school site. Contractors are wrapping up the abatement of asbestos and other hazardous materials in the auditorium at the former Michael J Whalen Middle School. The Hamden Economic Development Corporation has managed the project and has been working with BL Companies and Wiese Construction since January with the goal of the demolition of this building and removal of pavement around it. It also includes the attached hallway to the main classroom building. The estimated project cost will be $500,000 and is being paid for entirely by a grant secured by HEDC from the State Department of Economic and Community Development.
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Uptown Consignment Moves to Hamden 

Friday, April 20, 2018
Uptown Consignment has been voted #1 Consignment store for 23 years in a row. Uptown Consignment has been in business since 1991 and takes pride in its customer service. They have over 95,000 consignors from all over Connecticut, New York and Western Massachusetts. The have locations in Rocky Hill, South Windsor and Southington in addition to their new Mt. Carmel location. A grand opening is slated for May 5th.
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Little Rabbit Baking Company Opens in Spring Glen 

Friday, April 13, 2018
At Little Rabbit Baking Co. they bake everything from scratch with a focus on gluten free items. French inspired treats and custom order availability. They are now open at 1648 Whitney Avenue, in the heart of Spring Glen from Tuesday-Saturday 7-3 pm
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Manufacturing Company in Hamden Expands 

Wednesday, March 21, 2018
J.F.D. Tube & Coil has specialized in manufacturing quality heat transfer equipment since 1983. They take pride in their ability to manufacture quality tube bundles, heat exchangers, coils, and other heat transfer equipment. They have been located in the Hamden Business Park for over 25 years. For further information about J.F.D. Tube & Coil, go to their web page at http://www.jfdcoil.com/. “This is great news to hear that manufacturing has continued to grow in Hamden. It’s important to have a good workforce that can help make these companies successful. Our initiatives in workforce development may prove to be the most important thing we can do for these industries”, stated Dale Kroop, Director of Economic Development and Neighborhood Revitalization.
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Hamden Retail and Shopping Center Update 

Wednesday, March 21, 2018
Despite the challenges in the retail and shopping center marketplace, Hamden has been getting positive news about its’ largest shopping centers. “We are seeing continued interest in the Magic Mile and interest at Putnam Plaza in terms of alternative uses that will be good in the long run for the tax base and residents”, stated Dale Kroop, Director of Economic Development and Neighborhood Revitalization. The grand opening of Aldi at the Hamden Mart is set for April 12th at 9am, while the moving of the Wine Merchant next to Aldi will be in the summer of 2018. The space left by the wine store as well as remaining space from Bon Ton are under discussion for future leasing by Kimco Realty (https://www.kimcorealty.com/), the owner of the Hamden Mart. A new Sketchers Outlet Store will come to the Hamden Plaza in the space downsized by Marshalls several years ago. Here is the web page of the outlet store in Clinton https://local.skechers.com/ct/clinton/151/. We anticipate the store being open late in 2018/ early 2019. Pokemoto Hawaiian Restaurant https://www.pokemoto.com/ opened recently at the former Froyo World, location at the Plaza.
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The Changing Face of the Economy and How It Affects Hamden Technology Challenges the Marketplace 

Friday, March 16, 2018
Technology has forever changed the local, state and national economy. It affects retail trade, services that we buy and products that we have come to know.

The landscape of retail continues to change. The list keeps getting longer for stores that are closing in the northeast and across the country. According to Money Magazine and many other publications, it is anticipated that over 25% of all shopping malls in the United States will likely CLOSE by the year 2022. This change in the retail marketplace began slowly and then accelerated quickly with the growth of the on-line marketplace. The last few years have been dominated by Amazon, who has changed the retail marketplace because of innovations such as Amazon Prime.

Over the last twenty years, we have witnessed the demise of video stores, CD/music stores, travel agencies, and most book stores, especially outside of major metro areas, which make up most of America. Other venues such as movie theatres in suburban areas have been affected by the growth of video streaming. Many stores are downsizing products such as Blue Ray players, audio players, cameras, and video recorders, also because of video and music streaming and because of smart phone technology.
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Hamden Announces Planning Meetings For 2018 Economic Development Plan 

Friday, March 9, 2018
The process of developing a new economic strategy in Hamden moves into high gear over the next several months. The Town has announced numerous meetings for businesses and interested residents to attend. Every 2-3 years the Town renews its strategy for economic development. The process is conducted through the Economic Development Commission (EDC). The Town has had a plan since 1998. The current plan expires on June 30, 2018. “We will use our existing business “infrastructure” and look at the current economic market conditions to evaluate the needs of business and potential investments that need to be made by the Town of Hamden. Like any other business a community must make investments to grow. We will use the exiting Business Cluster committees to conduct forums and our relationships with business leaders to develop a strategy that can contribute to the Town current and future growth”, Stated Dale Kroop who been the Towns Director since 1999. On the 2nd Tuesday of each month at 5:30pm (3rd floor conference room in Government Center), the Hamden EDC will leave time on the normal agenda for public participation and input about pressing business and economic needs in Hamden.
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Different Career Opportunities For Our Young People 

Tuesday, March 6, 2018
As part of our initiative to provide different career opportunities for our young people, we will feature traditional and non-traditional learning and career opportunities.

Our goal is to retain talent and leaders of tomorrow. We will soon bring many of these options to the kids and parents in Hamden. The following is an example of a non-traditional learning opportunity that I think is a good example of what you can do to develop a marketable job skill. Enjoy!

Link: https://www.eventbrite.com/e/career-forum-becoming-a-software-developer-tickets-43567459444
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Abatement and Demolition Work to Begin at the Former Middle School Site 

Thursday, March 1, 2018
Residents on Newhall and Morse Streets and around the Newhall area of Highwood will see some activity begin over the next few weeks. The abatement and demolition of the former Auditorium at the former Michael J Whalen will begin in mid-March by Wiese Construction, who was the low bidder for the project. The Hamden Economic Development Corporation secured a grant from the CT. Department of Economic and Community Development last spring of 2017. HEDC will administer the grant and manage the project. No Town funds will be required for the project.
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Centerville Lumber Redevelopment Moves into a New Phase in 2018 

Tuesday, February 27, 2018
Things are starting to take shape on the overall redevelopment of the former Centerville Lumber site by Jordan Development . The first building will be completed in May of 2018. Amity Physical Therapy will move from the rental space across the street to owning this 32,000 S.F. new facility. APT will soon bring over 20 employees with them and create new opportunities for employment.

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