October 18, 2018
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Report Outlines Connecticut Long-Term Fiscal Woes

Connecticut residents and business people probably don’t need any more evidence as to the well discussed fiscal issues for the state. However, Connecticut landing just one notch below the bottom of the barrel in a new report…
October 08, 2018
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New Haven Biotech Goes Public and Execs Buy In With The Public

Arvinas' CEO Houston puts nearly half a million dollars on the line in newly public company. NEW HAVEN: A city biotech based on technology of Yale researcher Craig Crews has taken to the public markets with an Initial Public…
October 12, 2018
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New Haven Biotech Signs $265 Million Deal With Italian Pharma Partner

NEW HAVEN: Melinta Therapeutics, Inc. [Nasdaq: MLNT] and the $3.5 billion Menarini Group, based in Florence, Italy have entered into an agreement where Menarini will acquire the exclusive rights to co-develop and…
October 10, 2018
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Deepwater Wind - Purchased By Danish Wind Power Giant

PROVIDENCE, R.I: Deepwater Wind, the Offshore wind power company is being purchased by Orsted, based in Fredricka, Denmark the world’s largest offshore wind developer. Orsted has agreed to pay $510 million to buy Rhode…
September 18, 2018
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Subsidy for Dublin Flights to Likely Reach $30 Million By 2020

By Mitchell Young WINDSOR LOCKS: A potential $4 billion state budget deficit wasn’t enough to persuade the Malloy administration to end Connecticut’s subsidy of flights from Bradley International Airport to Dublin, Ireland.…
September 19, 2018
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Citing “Excessive" New State Regulation, Mortgage Lender, Halts Expansion…

EAST HARTFORD: A growing and expanding mortgage company has halted its expansion and new headquarters after a dispute with the Connecticut Banking Department. 1st Alliance Lending LLC announced it’s terminating a planned…

Hartord Realtors Issue Quarter End Home Sales Report

Sep 26, 2018
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HARTFORD: As the summer closed, The Greater Hartford Association of Realtors had good news for prospective home sellers…

Springfield Casino Draws Big – Connecticut Casinos See Small Slot Dips

Sep 19, 2018
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SPRINGFIELD, MA., LEDYARD: While the Connecticut and now Massachusetts casinos go head to head, the tax coffers of both…

Hartford/Western Mass. Commercial Realtor’s Report: Steady As She Goes

Sep 21, 2018
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HARTFORD: The Connecticut/ Western Massachusetts chapter of SIOR presented the results of its semi-annual membership survey…

Energy and Jobs Report As Environmental Groups Challenge State Over Funding (2)

Sep 12, 2018
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HARTFORD: Just as the state and environmental groups face off in Federal Court on Thursday September 13 over moves to cut…

Connecticut Tickets Companies Sue New York AG

Sep 12, 2018
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HARTFORD: Two Connecticut ticket sales company, TicketNetwork and Ticket Galaxy have filed lawsuits against acting New York…

Connecticut Boosts Maximum Unemployment Benefit

Sep 12, 2018
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HARTFORD: Tight labor market or not Connecticut is raising its maximum weekly unemployment benefit by $18. This is the…

Connecticut Home Sales and Prices Take Off

Aug 29, 2018
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HARTFORD: Continuing good news for home sellers and Realtors Single-family home sales in Connecticut increased in July on a…

CBIA Launches Statewide Issues-Based Public Awareness Campaign

Aug 29, 2018
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HARTFORD: As a new campaign for governor and competing visons for Connecticut take hold, the Connecticut Business and…

Women Owned Businesses Increase Across The US – Connecticut Lags

Aug 29, 2018
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In a new report commissioned by American Express shows women across the state are making a big impact on the Nutmeg economy…

High Speed Fiber Internet - Expands Connecticut Foothold To New Haven

Aug 29, 2018
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NEW HAVEN: High speed Internet access will be coming to select neighborhoods in New Haven, with the potential for expansion…

Health

Medical Practice Consultants Relocate to Shelton

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SHELTON: U.S. Vascular Management Group of Trumbull has leased 8,600 SF of premier office space at International Place, 6 Research Drive in Shelton.…

Quinnipiac Appoints Dean of Nursing School

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NORTH HAVEN : Lisa G. O’Connor of East Haddam has been appointed Dean, of the School of Nursing at Quinnipiac University, O’Connor had been associate…

Hartford HealthCare To Acquire Bridgeport’s St. Vincent's Medical Center

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BRIDGEPORT: St. Vincent’s Medical Center in Bridgeport and its parent Ascension Health have signed a non-binding letter of intent with Hartford…

Anti-Marijuana Organization Cites Potential Costs to Legalization

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HARTFORD: While Advocates for legalization of recreational use of Marijuana in Connecticut cite economic benefit to the state an anti-legalization…

Advocates for marijuana sales point to big economic boost

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By: Keith M. Phaneuf |ctmirror.org Advocates for legalizing recreational marijuana use in Connecticut — and taxing its sales — are hoping a holistic,…

Breaking down this year’s Access Health CT open enrollment

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By: MACKENZIE RIGG | ctmirror.org In all, 114,134 residents enrolled in private health insurance through the state’s health insurance exchange,…

Wallingford Medical Device Company Launches Product To Control Internal…

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WALINGFORD: Z-Medica, LLC, a developer of hemostatic devices, announced that QuikClot Control+® approved by the FDA in June of 2017 is now…

Children's Hospital Invests In Mass. Biotech

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HARTFORD: Connecticut Children's Medical Center has made an investment in a small Massachusetts based biotech company Biostage, Inc. [OTCQB:…

State Seeks More Medical Marijuana Sellers

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HARTFORD: US Attorney General Jeff Sessions may be trying to arrest the increase in marijuana sales in states across the country, but Connecticut is…

Chester Retirement Community Sold

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CHESTER: Chester Village West set on 55 acres with 105 cottages and apartments was purchased by Masonicare, based in Wallingford, the state’s largest…

Technology

Online Investment Platform Presents West Hartford Apartment Investment

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WEST HARTFORD:, ArborCrowd an online platform based in NYC that enables individuals to make equity investments in “institutional-quality commercial…

High Speed Fiber Internet - Expands Connecticut Foothold To New Haven

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NEW HAVEN: High speed Internet access will be coming to select neighborhoods in New Haven, with the potential for expansion to other areas.…

Stamford Creates An “Innovation Playground” For Start-Up And Large…

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By Thomas Madden, AICP, Director of Economic Development, Stamford Stamford is preparing to be the city of tomorrow through a repeating $2 million…

Imaging Company Purchases Headquarters Building

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STRATFORD: Kubtec Digital X-Ray has purchased a freestanding building at 111 Research Drive for $1.045 million. The building, on 0.67 acre,…

Road Show On Federal Funding of Tech - Coming To New Haven

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NEW HAVEN: The SBIR Road Tour is coming to New Haven on Tuesday, August 21, to convey the "nondilutive technology funding opportunity" provided…

Non-Profit Water Company Makes “Venture” Investment In Indoor Farming…

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MERIDEN, NEW HAVEN: The South Central Connecticut Regional Water Authority (RWA) announced a $500,000 investment in Meriden-based Trifecta…

Legacy AV Company Shows Its Stuff With New Headquarters

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NORTH HAVEN: HB Communications, founded in 1946 is an audiovisual communication solutions company, has opened the doors to its newly renovated…

Tech Firm Relocates To Shelton Office Building

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SHELTON, Dark Field Technologies has relocated their headquarters from Orange to Shelton, according to Jon Angel, president of Angel Commercial,…

New Haven Architects’ Design One of Six Selected for review for uberAIR…

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NEW HAVEN, LOS ANGELES: New Haven based Pickard Chilton working with Arup, Corgan, and The Beck Group was selected as one of six leading architecture…

Connecticut Innovations Funds 43 Companies in Final 2017 Quarter

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ROCKY HILL: Connecticut Innovations (CI), Connecticut’s venture capital arm and what they say is the “leading source of financing and ongoing support…

Real Estate & Construction

Mystic Museum Building Recognized For Sustainability

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MYSTIC: Designed by Centerbrook Architects & Planers The Thompson Exhibition Building at the Mystic Seaport Museum was recognized at the Connecticut…

Basement Systems Building Construction Completed

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SEYMOUR:A 73,000 square foot mixed used headquarters building for Basements Systems Inc. has completed construction. Claris Construction provided the…

Vacant High School To Be Arts Magnet in $54 Million Renovation

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BRISTOL: The Memorial Boulevard School is transitioning into an arts magnet school, and Quisenberry Arcari Malik, LLC (QA+M Architecture) has been…

Seniors Agency Lease Completes Shopping Center Redevelopment

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NORTH HAVEN: The Agency on Aging of South Central Connecticut, has completed a major lease transaction at 117 Washington Avenue, with the owner,…

Eye Care Practice Relocates Its Farmington Avenue Office

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BRISTOL: Starling Physicians Ophthalmology has leased 4,891± SF of formerly vacant retail space at 1235 Farmington Avenue. Other tenants of the site…

Former Auto Dealership Sells

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GUIFORD: The former Mannix Chevrolet location at 271 and 301 Boston Post Road, was sold. The two parcels total 4.38 acres and are improved with the…

Hamden "Castle" On The Market

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HAMDEN, CT – A unique office property at 20 Davis Street is available for re-development. The 17,815 square foot building is being listed at $2.3…

Security Firm Relocates and Signs Long Term Lease

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NORTH HAVEN: Red Hawk Fire & Security, LLC, a provider of life safety and security solutions, has signed a long-term lease for 11,040 square feet of…

Oxford Industrial Park Sees New Leases

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OXFORD: Ed Godin Jr. SIOR of Godin Property Brokers announced thre leases at totaling at Hurley Farms Industrial Park, located at 115 Hurley Road.…

Built In 1971 - 200 Unit Complex Sells

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WEST HARTFORD: A six building 200 unit multi-family apartment complex, Westwood Apartments at 106 Kane street, was sold for $20.85 million. The…

Government

Report Outlines Connecticut Long-Term Fiscal Woes

norcross fiscal rankings 2018 mercatus infographics v1 ct 0
Connecticut residents and business people probably don’t need any more evidence as to the well discussed fiscal issues for the state. However,…

Springfield Casino Draws Big – Connecticut Casinos See Small Slot Dips

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SPRINGFIELD, MA., LEDYARD: While the Connecticut and now Massachusetts casinos go head to head, the tax coffers of both states remain big winners.…

Another Day Older And Deeper In Debt

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By Joel Schiavone Connecticut State expenses for employee benefits current and past have gone from 10% of the budget to 30% over the past few years.…

CBIA Launches Statewide Issues-Based Public Awareness Campaign (2)

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HARTFORD: As a new campaign for governor and competing visons for Connecticut take hold, the Connecticut Business and Industry Association [CBIA] is…

New Haven Today, But Tomorrow – Two Views

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The streets of the City of New Haven are well packed with young people and even suburbanites for the first time in decades. Apartment rehabs and new…

The Collapse of New Haven

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By Joel Schiavone Enjoy your summer. This is the lull before the storm. Campaigning begins in earnest for state and local elections which will…

Mr. Smith Wants to Go to Hartford

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OPINION: By Mitchell Young Or does he? Webster Bank Chairman and former CEO James Smith said on April 6 he wants to be Connecticut’s next Governor,…

Joel Schiavone: New Haven What Road To Where

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Joel Schiavone in New Haven magazine's first profile in 2007, on the Chaple Street that he layed the foundation for. Perhaps more than any single…

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Economic Development Coordinator, Town of Beacon Falls

Located in the heart of Connecticut’s Naugatuck Valley Region, Beacon Falls is the industrial town you don’t know about – but should. With a thriving industrial core and abundant commercial real estate opportunities, Beacon Falls is home to a wide variety of companies – from nationally-renowned firms to small, family-owned businesses. Companies of all sizes and stages in the business cycle are integrated into the fabric of the community, as customer service to businesses is equally as important as customer service to residents. Beacon Falls aims to grow its workforce, support its businesses, and maintain its quality of life for residents. The forward-thinking, business-friendly culture of local government is one of many reasons that Beacon Falls would make an excellent location for your next business investment. Be sure to reach out to discover if Beacon Fall’s new tax incentive program may be relevant for your business expansion or relocation.

Location and Transportation

Beacon Falls is centrally located in Connecticut between Waterbury and Bridgeport along Rte. 8. To the north, Interstate-84 is accessible within a 10-minute drive; to the south, I-95 is also nearby via a 20-minute drive; and New York City can be reached within 90 minutes. The MetroNorth train station, located in the heart of downtown, offers convenient transportation to Bridgeport, New Haven, New York, and beyond – along with ferry access to Long Island. Additionally, Beacon Falls is conveniently situated between Bradley Airport in Windsor Locks and New York City’s airports, so there are many options for air travel.

Workforce

Because of its location in the heart of Connecticut, Beacon Falls is surrounded by a ready and eager workforce in the nearby towns and cities. Connecticut is home to nearly 200,000 students from 40 institutions of higher education. Accordingly, Beacon Falls’ residents are well-educated and many are technically-trained, with 16% of the town’s workforce employed in manufacturing. Top industries in Beacon Falls include construction, manufacturing, and wholesale trade. The town’s industrial past has translated well to the workforce and production demands of the present.

Lifestyle

When making a business investment in Beacon Falls, you can be sure that your workforce will live in a thriving and active community within the beautiful, green Naugatuck Valley. The town is home to contemporary mill-style apartments, large homes on sprawling lots, and everything in between. The Naugatuck River and Naugatuck State Forest offer exciting outdoor recreational opportunities, and the town’s industrial history gives way to fascinating cultural amenities.

Real Estate Opportunities

Beacon Falls has an inventory of commercial, industrial, and retail spaces available that range from existing buildings to “ready to build” sites. The town is home to two industrial parks and a downtown strip with public utilities, in addition to acres of open space zoned for commercial and industrial activity. In total, Beacon Falls has over 150 acres of developable land and nearly 350,000 s/f of building space available for purchase or lease. Needless to say, there is plenty of room for your business to grow here.

The Murtha Industrial Park is a 50-acre campus containing more than 250,000 s/f of warehouse and office space between nine units with expansion available. Key features of these units include 18-24 inch ceiling heights, 25 total loading dock positions, wide column spacing, full utilities, and a rail spur on-site. Only minutes from Rte. 8 and a short walk to the commuter rail station, this industrial park allows for quick and easy transportation for employees as well as shipped products.

On the other side of town, the Pinesbridge Commerce Park consists of more than 150 acres of land containing about 80,000 s/f of building space for rent or purchase, plus over 25 acres of developable land with full utilities. Within a half mile of the park, there are an additional 60 acres of developable land. The possibilities for expansion in Beacon Falls are vast, especially within the otherwise highly-developed Naugatuck Valley Region.

We encourage you to further explore Beacon Falls for your next business investment – you can check out our new business recruitment website, BeaconFalls.biz, to learn more. We have lots of room to grow, a well-connected transportation system, a highly-skilled workforce, and an unbeatable quality of life. Plus, local government understands and prioritizes the needs of the business community, and works with businesses to proceed quickly and smoothly through the land use regulatory process.

Please reach out to learn more about what Beacon Falls can offer your business!