June 15, 2018
casino ewindsor

New Renderings Released for East Windsor Casino

HARTFORD: The Mashantucket Pequot and Mohegan Tribes, released an updated rendering of their planned East Windsor entertainment and gaming facility. The renderings were submitted to the town as a part of the local approval…
June 06, 2018
Boiling Water

Water War Words Coming To A Boil

By Mitchell Young CLINTON: The water war over the purchase of Connecticut Water Service [Nasdaq: CTWS] is heating up and the rhetoric at least is nearing a boiling point. CWS announced that it would be open to bids through…
June 07, 2018
GEARS

CBIA and Manufacturing Consultant CONNSTEP – Forge Partnership

HARTFORD: The Connecticut Business & Industry Association and CONNSTEP, a non-profit business consulting firm that historically focused on working with manufactures, announced a formal partnership effective July 1, 2018.…
May 31, 2018
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Connecticut Water Board Backs Up, To Solicit New Bids for the Company

Connecticut Water Board Chair, Carol Wallace: Board Opens Bids for Company. CLINTON: After weeks of refusing to address a merger proposal by Eversource, the Connecticut Water Service [NASDAQ: CTWS] has announced it will…

Offshore Wind Set To Power New London’s Deepwater Port

May 30, 2018
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By Mitchell Young NEW LONDON: Connecticut will be making a $15 million investment at the Connecticut State Pier in New…

Feds Giving The Go Ahead For East Windsor Casino – MGM Says Still In the Fight

Jun 01, 2018
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EAST WINDSOR: Federal officials are giving the go ahead for Connecticut’s Mashantucket and Mohegan Tribes for a jointly…

UI Parent Avantgrid and Wind Power Set To Take Off With Massachusetts Selection

May 24, 2018
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By Mitchell Young BOSTON, MA, PROVIDENCE, RI, ORANGE: United Illuminating parent company Avangrid [NYSE AGR] based in Orange…

Connecticut Metros Among The Most Segregated In the US

May 24, 2018
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Apartmentlist.com a national renter’s website released a report detailing the level of segregation in metro areas across the…

Biotech Gets DOD Grant To Build Hearing Loss Tech

May 31, 2018
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FARMINGTON: The US Defense Department [DOD] is providing a $2 million grant to Frequency Therapeutics, with a U.S.…

Tax Reform Cited By UTC as Catalyst For New Investment

May 25, 2018
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Forbes Magazine: "Pratt's 20 years developing geared turbofan technology has paid off with an engine that is way ahead of…

New Haven Architects’ Design One of Six Selected for review for uberAIR Skyports (2)

May 17, 2018
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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…

Connecticut Job Loss Two Months In A Row, Growth Lags Region and US

May 18, 2018
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HARTFORD: The Connecticut Labor Department reported another loss in jobs by the state even as the US economy added more than…

New Haven Biotech Spends Big To Advance Clinical and Commercial Programs

May 17, 2018
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NEW HAVEN: Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN), the clinical stage biopharmaceutical company…

Health

Medical Practice Consultants Relocate to Shelton (2)

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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

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…

Fox Network Prevails Against Fairfield Video Search Company In Court

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FAIRFIELD: TVEyes, Inc. has lost in the United States Court of Appeals for the Second Circuit to Fox News Network, LLC, a decision preventing the…

OPINION: How Connecticut became the least likely innovation hub in the U.S.

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By Matthew McCooe, Connecticut Innovations Think back to where Connecticut was 20 years ago. A National Hockey League franchise had just left the…

New Crowdfunding and Crowdsourcing Ecosystem Helps Test Ideas, Hire…

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Logan: "Entrepreneurs can do more than offer rewards to backers." PLANTSVILLE: Two Connecticut entrepreneurs are taking on the crowd funding and…

Tech Company Hopes To Disrupt CT Real Estate Market

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FAIRFIELD: Connecticut has a new real estate company that is hoping that their expertise in software and digital marketing will allow them to disrupt…

New Haven's New Tech District Is Right Around The Corner

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By Mitchell Young NEW HAVEN: In December 2014, digital media entrepreneurs David Salinas and Peter Sena founders of Digital Surgeons a New Haven…

Nigerian National Pleads Guilty in E-Mail Scheme Defrauding Connecticut…

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NEW HAVEN: John H. Durham, United States Attorney for the District of Connecticut, and Patricia M. Ferrick, Special Agent in Charge of the New Haven…

Real Estate & Construction

New Renderings Released for East Windsor Casino

casino ewindsor
HARTFORD: The Mashantucket Pequot and Mohegan Tribes, released an updated rendering of their planned East Windsor entertainment and gaming facility.…

Medical Practice Consultants Relocate to Shelton

vascular
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.…

Home Sales and Prices Get A Big Boost in April

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BOSTON: Realtors and Connecticut homeowners are sitting a little prettier this spring as homes sales for April are the best in more than ten years…

Connecticut Metros Among The Most Segregated In the US

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Apartmentlist.com a national renter’s website released a report detailing the level of segregation in metro areas across the country and the relative…

Single-Family Home and Condo Prices Continue Upward Climb

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BOSTON: median single-family home price in Connecticut increased in March and the median condominium price followed a similar trajectory, according…

Tech Firm Relocates To Shelton Office Building

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

Former Steel Company Industrial Property Sells

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HAMDEN: , A 19,000 square foot industrial property at 2115 State Street has been sold. The purchase price was not released but a recent listing for…

Women Commercial Realtor Group Cites 2018 Blue Ribbon Awards for Best Real…

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FARMINGTON: CREW-CT – The Real Estate Exchange, supports “advancing the achievements of women in commercial real estate,” the group named its winners…

CT Building Congress Names 2018 Project Team Awards Winners

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HARTFORD: The Connecticut Building Congress (CBC) has named the winners of the 2018 Project Team Awards (PTA). The Awards Banquet will be held on…

Government

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…

90's Era New Haven Developer Bob Mathews Indicted For EB 5 Visa "Scheme"…

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The estate of former New Haven Developer Bob Mathews, now under federal indictment. The home was priced for auction at $26.5 million, but has been…

Bridgeport Concert Venue Design Revealed

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BRIDGEPORT: Torpedoes or lawsuits be dammed that is the plan of Bridgeport’s Mayor Joe Ganim, and concert amphitheater developers Howard Saffan and…

CT Lawmakers Explore Sports Betting Ahead of SCOTUS Decision

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By: Keith M. Phaneuf and Clarice Silber ctmirror.org HARTFORD: House Democratic leaders are preparing to enact legislation this spring to launch…

Anti-Marijuana Organization Cites Potential Costs to Legalization

nomarijuana
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

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

Fairness to Governor May Come At Expense of Business

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Hartford: Governor Dannel Malloy thinks the Federal government has been so good to business that a little more tax coming their way is just fine.…

GoodwinSquareGLASTONBURY: United Bank [United Financial Corp, NASDAQ: UNBK] is making a big deposit in downtown Hartford. William H. W. Crawford, IV, CEO is relocating the bank’s headquarters from Glastonbury to 68,000 square feet at Goodwin Square, 225 Asylum Street, in downtown.

The move will occur in the third quarter of this year and will bring 200 employees to the city. United Bank currently occupies 48,000 square feet of space at 45 Glastonbury Boulevard. Still under lease, the bank is seeking to sublet the space. Bank officials cited a very tight office market in town as one reason for the relocation.

In 2014, a merger with Rockville Bank brought the bank’s assets from $1.7 billion to $6.6 billion and the number of employees increased from 220 to more than 700.

The bank was represented by John McCormick of CB Richard Ellis in their relocation search.

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UB's CEO Crawford: "We see this as an opportunity to build upon our market share in Greater Hartford."

 

Along with the move, United Bank will receive a marketing boost too, as Goodwin Square's signature tenant it will receive extensive signage and branding visible in downtown Hartford and from I-84 and I-91. The bank is expecting to open a retail banking branch in downtown Hartford, as well.

Crawford, see’s the move as providing growth for the bank saying ”we see this as an opportunity to build upon our market share in Greater Hartford where we have the #4 deposit market share.”

The bank’s location is good news for a city that has been having trouble finding some lately.  Hartford’s new Mayor Luke Bronin has been on a tour of the region’s suburbs asking for support at the state legislature for Hartford’s needs.

Bronin said of the move, "I'm thrilled that United Bank has chosen Hartford as the new home and [for] hundreds of employees," adding [the] announcement demonstrates that employers see the power and benefit of being in an urban center.”

Brian and Steve Kohn of Westport Capital Partners  purchased the 30 story Goodwin Square in 2015 at auction for $17.5 million and the company is renovating its 330,000 square foot office tower. The Greenwich Hospitality Group purchased the Goodwin Hotel from Westport. The historic hotel has 114 rooms and 24 suites and has been closed since 2009, it is expected to reopen later this year.