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Bridgeport Economic
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 Bridgeport, CT

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Map of Bridgeport

Comprehensive plan under development to revitalize Bridgeport’s downtown.

 

BERC
10 Middle Street
Bridgeport, CT 06604
203-335-1108
mdallas@berc-ct.com

 

Bridgeport at a Glance

Location

60 minutes from NYC & Hartford
30 minutes from Stamford
 

Population

2000                           139,529
2005                           143,937
2010 (projected)         147,625

 

Transportation Hub

Interstate 95, CT Routes 8 and 25
87 New Haven Line MetroNorth Trains Daily
12 Waterbury Branch MetroNorth Trains Daily
10 Amtrak Trains Daily
      Only Amtrak stop between New Haven and Stamford
Year round Ferry Service to Port Jefferson, Long Island
      (1,510,000 passenger & vehicle trips in 2005)
Sikorsky Airport (90,000 landings & takeoffs in 2005)
 

40+ Acre Deep Water Port

85,000 square feet of refrigerated space
20,000 square feet of heated space
130,000 square feet  of dry storage
200,000+ tons per year in imports
 

The Park City

Over 1,367 acres of parkland
 

Tourist Attractions & Entertainment Venues--
Theater, Music, Sports, Museums, Zoo

 

Nearly 2,500,000 visitors in 2005:
Klein Memorial
Beardsley Zoo
Barnum Museum
Housatonic Museum of Art
Discovery Museum
Captain’s Cove Seaport
Playhouse on the Green
Blue Fish/Harbor Yard
Arena at Harbor Yard
Bridgeport Public Library
 

Large % of Home Ownership
 

43 %  owner-occupied homes (2000 census)

Strong Employment Base

47 % of employees in white-collar jobs
23 % in service
30 % in blue-collar jobs
 

Large Labor Pool

456,809 in Bridgeport–Stamford Labor Market Area
      61,617 in Bridgeport
 

Quality Labor

41% of the Fairfield Country population age 25 and over are college graduates
 

Available Space

Office rents range from $19.25-$21.25 psf gross plus electric
Industrial rents range from $2.50-$5.50 NNN
 

Land

74.5 acres ready for development
430 acres need processing
 

Ready Office Sites

Can accommodate 2 million sf
 

Tenant Interest

3.1 Million sf in 2006 (first two quarters)
7.8 Million sf in 2005
3.8 Million sf in 2004
2.5 Million sf in 2003
2.9 Million sf in 2002
2.3 Million sf in 2001
 

World Class
Medical Care
 

Bridgeport Hospital and St. Vincent’s Hospital
 

Hotel Rooms

Over 600 within 20 miles of Downtown
 

Special Development Zones

Targeted Investment Community
State Enterprise Zone
State Entertainment District
Federal Enterprise Community
Foreign Trade Zone
HUBZone
 

One Stop Service

BERC works with government and the private sector to locate sites, identify incentives and link projects to appropriate resources
 

Mill Rate

Fiscal Year 2006-2007— 42.28
 

Nearby Universities Include:

Albertus Magnus College, New Haven
Bridgeport Engineering Institute, Fairfield
Fairfield University
Housatonic Community College
Katherine Gibbs School, Norwalk
Norwalk Community College
Paier College of Art, Hamden
Quinnipiac College, Hamden
Sacred Heart University, Fairfield
Southern Connecticut State University,
New Haven
University of Bridgeport
University of Connecticut, Stamford Branch
University of New Haven
Yale University

Bridgeport Economic Resource Center
10 Middle Street, Bridgeport, CT 06604
203-335-1108
mdallas@berc-ct.com