Dale Kroop, Director
call (203) 287-7030
Former Newhall School Building Sold & Approved for Historic Designation
Former Newhall School Building to Be a Small Business Incubator Building Following Approval for Historic Designation
On November 7th, 2013 the CT Historic Commission approved 496 Newhall Street for listing on the State Register of Historic Places. This is the location of the proposed Hamden Business Incubator which was recently approved by the CT Department of Economic and Community Development and the Legislative Council of the Town of Hamden. The building is approximately 39,000 S.F.
“This designation insures that this building will be preserved for generations”, stated Dale Kroop, Executive Director of the Hamden Economic Development Corporation (HEDC). HEDC will own and operate the incubator. We believe that this building is beautiful and is perfect in it's layout for the intended use for small businesses. We look forward to making improvements that bring out the historic features of the building.
The Historic Designation also allows HEDC to raise funding through the sale of historic tax credits. These funds will be used for the construction build-out of the interior space as well as for the improvements to the exterior of the building in accordance with standards established by the State Historic Commission. Other funding the for the rehabilitation of the building will come from the Connecticut Department of Economic and Community Development and other sources such as the Federal EPA.
Legislative Council Approves Sale of Former Community Center to the Hamden Economic Development Corporation (HEDC). Project Progressing Towards Design and Construction.
This week the Town of Hamden agreed to sell the former community building and school to HEDC in anticipation of the construction of a small business incubator. This incubator will be the home to up to 20 small businesses. This environment will encourage networking and business to business activities.
Funding the for the rehabilitation of the building will come from the Connecticut Department of Economic and Community Development and other sources such as Historic Tax Credits and the Federal EPA.
The incubator will provide common amenities such as rest rooms, utilities, security, WiFi meeting space and a reception area. “The idea is to provide affordable space to very small businesses so that they could grow into larger space and create jobs for Hamden residents. The types of companies we will be looking for will be for business such as light manufacturing, web designers, small service businesses, medical office administrative functions, etc," explained Dale Kroop, Executive Director of the HEDC.
An important feature of the Incubator will be Technical Service provided on site for business planning purposes. The Coordinator of the Business Assistance Center (BAC), Richard Pearce will provide on site help on an ongoing basis. The BAC will also conduct training for entrepreneurs for businesses from out side of the incubator. The services and seminar will focus on business planning and growth, access to funding, and growth planning and real estate assistance services.
For more information about the Hamden Business Incubator or the Hamden Economic Development Corporation go to www.hamdeneconomicdevelopment.org or contact Dale Kroop at email@example.com.
Hamden Economic and Community Development Office Announces Two Business Cluster Meetings
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