Dale Kroop, Director
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Canal Crossing Attracts Young Wave to Hamden
Tuesday, July 11, 2019
By Kyle Del Balso
Summer in Hamden is a great time to relax at the Canal Crossing at Whitneyville West, but for its staff it has been their busiest, renting new units coming on-line. Since its opening in August of 2017, the owners have completed four of the seven buildings, with the final completion set for early 2020. Currently at a 100% occupancy rate for the first four buildings, residents have enjoyed the long list of perks the Canal Crossing offers, including air conditioning, a walk in closest, an in-unit washer and dryer, and a private balcony or patio.
In addition to the beautiful apartments, the complex on 380 Mather Street offers a clubhouse, saltwater swimming pool, 24-hour fitness center and pet park. Close to the Sleeping Giant as well as 2.4 miles from New Haven, the apartments at Canal Crossing are a hot commodity. According to Dana Coughlin, Community Manager for the complex, the average age of the residents are millennials ages 35-45.
At least 20% of the units in each building are being rented under the affordable housing program, per the requirements of the Hamden’s Planning and Zoning Commission.Town officials are delighted to see the influx of young members into the Hamden community “As we expected, this project is not only impactful in terms of tax revenue; it is bringing in new residents. This is driving great developer interest in the Dixwell/Mather area,” stated Dale Kroop, Director of Economic & Neighborhood Development.Building five, scheduled to open in August, is currently 55% leased. Building seven is scheduled to open in October/November. Building six is projected to be ready in spring 2020.
For further information of Canal Crossing and for rental opportunities, contact Dana Coughlin at 203-230-8486 or visit email@example.com. To view Canal Crossing’s website visit https://liveatcanalcrossing.com/.
STUDENTS SHINE AGAIN
By Alex Bosio
Monday, July 8, 2019
DECA SUCCESS FOR HAMDEN HIGH LEAVES ONE TO CONSIDER: WHAT’S NEXT FOR THE TOWN’S BRIGHTEST YOUNG BUSINESS MINDS?
Local students attending Hamden High School left a serious impact on this year’s DECA International Competition. DECA, or the Distributive Education Clubs of America, is a program run in schools across America and around of the world. Students are exposed to the competitive world of business strategy through simulation and debate events, serving as a test of their ability to not only think critically, but articulate their ideas in a public speaking format.
While attending the 2019 DECA International Competition in Orlando, Florida, Hamden High students impressed in their respective events. Out of 22,000 total students participating, Charlie Fok led the way for Hamden, finishing in the International Top 10 in the Sports and Entertainment Operations Research Event. In 2018 Hamden DECA took home International Second and International Third from Atlanta.
The great success had by the students is a testament to their hard work and dedication, as well as all of the incredible support given by teachers, families, and the Hamden community. Since 1999, 432 students have won awards in state competition, 32 students have been International Finalist (top 16), and 20 students have finished in the International Top 10. Hamden DECA has also had two International First Places, one Int. Second Place, and two Int. Third Places.
Bryan Anderson, marketing teacher and DECA Advisor at Hamden High School, stresses the importance of setting high expectations for his students. “Having high expectations is what creates a lasting culture of excellence, and most students will do what it takes to achieve success and to surpass expectations” he says. This is true for both schools and small and large businesses alike. The success of Hamden’s high school-aged students in competitions like DECA is an indication of the potential which needs to be empowered. Now it is up to the community and its services to foster that potential. “If you want to grow businesses in Connecticut, these are the kids who are going to do it” says Anderson.
The Hamden Department of Economic and Neighborhood Development has put extensive work into projects to catalyze local business and job creation. Ventures include the Business Assistance center, and the continued development of the Borough 496 (Hamden Business Incubator) on Newhall Street.
The Town is also developing an ecosystem to encourage the development of free enterprise and innovative business ventures. For example, Quinnipiac’s People’s United Center for Innovation and Entrepreneurship is another stimulus, looking to encourage college-aged adults to share ideas and spring start-ups. One of the key aspects of economic development is retention, be it retention of businesses in a town, or workforce within a company or region. Anderson says, “The next critical step (after helping cultivate a business locally) is getting that business to stay in Town.
With the loss of General Electric and now United Technologies, Connecticut must create a climate that retains and attracts both small and large businesses”. This is why supporting young people and their ventures is so important. As Hamden’s future entrepreneurs develop into present-day successes, they will be able to do incredible work that not only drives their own careers, but do so while contributing to the community that they were raised in.
For more information about DECA, click here.
For more information about the Economic Development Program in Hamden, click here.
For more information about the BOROUGH496 (Hamden Business Incubator), click here.
“ECONOMIC DEVELOPMENT FOR THE PEOPLE” BUSINESS RETENTION: IT’S A PARTNERSHIP, NOT AN EVENT
Wednesday, June 19, 2019
By Dale Kroop
We never have enough time for it, everyone has a different opinion about what it is but we all know it takes 70-80% of our time each week. It isn’t always splashy but Economic Developers know it is the time best spent in our communities. I am talking about Business Retention. First we need to define it. Like many things economic development (i.e. incentives), local elected officials and some of our EDCs generally look at Business Retention through the prism of an old paradigm.
We tend to see retention as an event based on research; we gather the forces in our community and make a visit to our local companies as part of a listening tour. Then we make promises and a plan to alleviate concerns that they may have. You can almost always predict what they are, taxes, workforce, transportation, taxes, the cost of doing business, utility costs, perhaps blight and the local building department. All of these are legitimate concerns of business large and small.
THE CHANGING FACE OF THE ECONOMY AND HOW IT AFFECTS HAMDEN TECHNOLOGY & CHALLENGES THE MARKETPLACE By Dale Kroop
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.
Friday, November 6, 2018
By Dale Kroop
Economic Development is about creating opportunities where there was none before. It is not only about the transaction, i.e. the leased building or the redeveloped site, it is about the work that we do to improve the community in a more sustained way.
A good way to illustrate this is through workforce development. If is far more important to spend our efforts to train or education a young person to be employable rather than just get them a job. This way they are more willing to develop Hamden roots and become part of the civic infrastructure.
We work with businesses to help them find good employees through job training grants and helping them to gain access to retraining dollars. These are smart investments that sustain economic development in the Town. Almost all research shows that the number one need for business is finding a qualified and dependable workforce.
Friday, November 6, 2018
By Dale Kroop
What do you think about when you look at a package of Mozzarella Cheese? Do you think about economic development? No you probably think about lasagna or pizza! This kind of cheese and many others are manufactured at Liuzzi Cheese in Hamden CT and sold in 31 states. Because of this demand, many people have jobs to make, sell and distribute the cheese as well as other products.
Friday, November 6, 2018
By Dale Kroop
Despite the history and success of Magic Mile with its regional and national box stores and restaurants, there are unique and successful businesses that provide important and interesting services, employ a lot of people and support families and the communities in where they are located.What do you think about when you look at a package of Mozzarella Cheese? Do you think about economic development? No you probably think about lasagna or pizza! This kind of cheese and many others are manufactured at Liuzzi Cheese in Hamden CT and sold in 31 states. Because of this demand, many people have jobs to make, sell and distribute the cheese as well as other products.
WHAT IS ECONOMIC DEVELOPMENT ANYWAYS?
Our job is to not only recruit new businesses to Hamden but more importantly to help retain our current businesses by offering services and incentives to expand right here.
HIGHLIGHT ON HAMDEN BUSINESSES: Highlight on Hamden Businesses:
#1 Fish Market
:HIGHLIGHT ON HAMDEN BUSINESSES:Highlight on Hamden Businesses
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