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Latest Press on
Bridgeport's Development
Bridgeport/Stamford Named 4th Most Livable City by Forbes.com
Forbes.com has come out with its annual list of America's Most
Livable Cities... and the Bridgeport/Stamford metro region ranks #4 on
the list
Forbes.com April 1,
2009
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Clean Diesel moves to Bridgeport
The Park City has lured Clean Diesel Technologies -- after about 14
years in Stamford -- with Bridgeport's lower costs of living and
business, and the availability of office space across the street from
the train station
Connecticut Post -
Feb. 3, 2009
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Bridgeport factory plan adding 100
jobs
The State of Connecticut will allocate $2 million to turn a
former factory into a new manufacturing center with up to 100 jobs.
The money will help Columbia Elevator Products Co. Inc., based in
Port Chester, N.Y., create a new elevator cab manufacturing plant.
Connecticut Post -
Jan 22, 2009
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Bijou Square at crossroads
Phil Kuchma, developer of an 84-unit condominium complex with
ground-floor retail shops at the corner of Lafayette Boulevard and
Fairfield Avenue, says the Connecticut Housing Finance Authority
is expected to provide most of the $15 million needed to complete the
project.
Connecticut Post -
October 31, 2008
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Addition to HCC dedicated
HCC President Anita Gliniecki said the new three-story structure,
built in the shell of the former Sears department store, had an
immediate positive impact on the student body drawn from 11 communities
in the area served by the college. Since the new space opened in August,
enrollment at Housatonic has shot up almost 15 percent to 5,081
students.
New, Improved HCC Opens Doors
The $55 million renovation and expansion of Housatonic Community
College will be unveiled at an October 11 open house at the Bridgeport
College.
Business New Haven -
September 29, 2008
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GDP in Bridgeport, Stamford top in '06
The Bridgeport-Norwalk-Stamford area had the highest per capita
gross domestic product in the country n 2006. according to the U.S.
Bureau of Economic Analysis.
Connecticut Post -
September 26, 2008
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Movie studio comes to Bridgeport
A state-of-the-art sound stage facility is coming to the Park City.
Clearlight Group will be building a series of digital sound stages on
the Bridgeport waterfront. They already have millions of dollars worth
of business booked in a studio that hasn't even been built yet.
News Channel 8
-August 19, 2008
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Film Crews Return to Varied Settings
With the warm weather, film crews have returned to Bridgeport.
Two films are now being shot in the city, with more expected in the
future.
Bridgeport News -
May 8, 2008
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City Implements InfraCycle Software
The Bridgeport Economic Resource Center and the City of Bridgeport
have partnered to implement fiscal and community impact software
January 8, 2007
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GE funds to boost downtown
The Connecticut Housing Finance Authority has received three proposals
for changing the face of downtown Bridgeport with the help of an
unprecedented $25 million investment from General Electric Co. The
individual projects are in different areas downtown, including a
desolate section of Main Street; the southeast corner of State Street
and Lafayette Boulevard, and the now-vacant site of the former
Pequonnock Apartments adjacent to the ballpark at Harbor Yard.
Connecticut Post -
October 14, 2007
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Bridgeport Public Schools Recognized Nationally
Bridgeport Public
Schools were recently recognized as one of the
most improved urban school districts in the country.
Fairfield County Business Times -
October, 2007
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Bridgeport metro area tops nation in terms of productivity
Until recently, the ability to compare the productivity of one
metropolitan area to another was difficult, if not impossible. This
fall, however, the U.S. Bureau of Economic Analysis introduced a new
statistic: gross domestic product (GDP) by metropolitan statistical area
(MSA). Its debut has made it possible to compare and rank metropolitan
areas by their per capita productivity and economic output, and to
analyze the economic growth rate of an MSA.
Hartford Courant -
October 11, 2007
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'Magic' believes in Bridgeport
Thursday afternoon former NBA player and entrepreneur Earvin "Magic"
Johnson walked from the Bridgeport City Hall Annex to the site of the
former Pequonnock apartments, across from the Ballpark at Harbor Yard,
on his way to a news conference concerning the proposed $222 million
Bridgeport Sound Development Project at the 11-acre Pequonnock site.
Connecticut Post -
September 20, 2007
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Developer to take over Steel Point site
Mayor John M. Fabrizi on Monday announced the city has agreed on terms
for a deal that will, in essence, transfer a cleared 50-acre coastline
site to a developer for what Fabrizi calls the "greatest economic
development project in the history of the city of Bridgeport."
Connecticut Post -
September 18, 2007
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Park City Update
Supplement to the Connecticut Post highlighting recent economic
development in Bridgeport.
Connecticut Post -
September 13, 2007
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Development planned on Remington site
Plans to build a gleaming waterfront complex on the former Remington
Shaver site in the South End will be unveiled for zoning officials later
this month.
Connecticut Post -
September 3, 2007
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Developer tapped for State Street building
A hulking wreck of a building downtown will be transformed into a
vibrant mixed-use structure with penthouse condominiums, street-level
shops and office space, under new development plans unveiled this
morning.
Connecticut Post -
August 28, 2007
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GE Invests heavily in Bridgeport
Bridgeport is on the verge of an unprecedented
infusion of financial backing for downtown development from
Fairfield-based General Electric.
State officials said last week that the giant multi-national
corporation has purchased $25 million in taxable bonds that will provide
low-cost financing for a project that will be determined sometime this
fall.
Connecticut Post -
August 26, 2007
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New Bijou Square project begins
About 40 city officials and businessmen gathered in the
still-to-be-completed Two Boots Roadhouse to mark the beginning of
construction of a $28 million residential and retail complex next door
to Bijou Square.
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New Interest in Bridgeport’s Neglected Neighborhoods
Last month, the city announced its selection of two prominent companies
to build a $222 million mixed-use project on a vacant 11-acre site just
south of Interstate 95. They are Vornado Realty Trust, a large publicly
traded real estate investment trust that owns or manages more than 56
million square feet of commercial space, and Canyon-Johnson Urban Funds
of Beverly Hills, a private equity fund that has invested nearly $1
billion across the country, focusing on densely populated areas with
many minority residents.
New York Times -
August 1, 2007
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Developer picked for prime site
A development team that includes a company affiliated with former
pro basketball star Earvin "Magic" Johnson has been selected to build on
the 11-acre Pequonnock site near Harbor Yard Ballpark and Arena.
Bridgeport News - July 19, 2007
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City's downtown gets another boost
There's still yet another sign that Bridgeport is back.
Bridgeport Mayor John M. Fabrizi on Tuesday took the wraps off another
proposed project for downtown Bridgeport, disclosing that the
nationally-known Canyon-Johnson Urban Fund has been chosen to lead the
development team for a $221 million reworking of what is known as the
"Pequonnock Development Site."
Connecticut Post - July 19, 2007
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Bridgeport unveils
$221m retail plan
The city on Tuesday unveiled a new vision for lower downtown that
includes a towering hotel, hundreds of luxury housing units, movie
screens and dozens of stores.
Connecticut Post - July 17, 2007
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Competing plans show real promise
Connecticut Post editorial discusses the proposals for the
Pequonnock Site
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Heavyweights bid for downtown parcel
Two national development teams with pro athlete star power — one has
Johnson in its executive lineup and the other has Staubach — have filed
competing proposals to transform the former Pequonnock Apartments site
into a mix of apartments, stores, hotel rooms, offices, restaurants and
movie theaters. Both groups submitted detailed plans to rebuild the
vacant 11-acre property adjacent to the Harbor Yard complex in response
to a request for development plans from the city.
Connecticut Post -
June 18, 2007
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Bridgeport creating office to deal with filmmakers' needs
In the near future production companies hoping to transfer a little
of Bridgeport's gritty charm to the big or small screen will be able to
find their permit forms online, said Steve Tyliszczak, but for now, it's
all on paper.
Connecticut Post - May 18, 2007
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Seagal makes mark in city film shoot
The usual cast of workers, commuters and pedestrians downtown
was replaced Tuesday by squealing tires, men with guns and Steven Seagal.
Crowds gathered on State and Main streets to watch as crews filmed
scenes for "Marker," an action movie starring Seagal slated for release
next year.
Connecticut Post - May 16, 2007
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De Niro's bridge to Bridgeport
Amid the boosterish rush of the just-wrapped Tribeca Film Festival,
Robert De Niro was talking admiringly about Connecticut. The inveterate
Gothamite has been helicoptering back and forth between the city and
Bridgeport to shoot "What Just Happened?," on which he is both producer
and star.
Variety- May 4, 2007
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Remington site plan finds support
Plans for a $500 million development that would involve five high-rise
buildings and 1,200 units of housing at the former Remington shaver
plant site received rave reviews from South End residents in a meeting
with the developer Thursday.
Connecticut Post - April 27, 2007
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$500m makeover planned for Remington
Site
$500 million waterfront project that promises to bring a mix of
housing, stores, restaurants and possibly a marina to the site of the
former Remington shaver factory overlooking Seaside Park is on the
drawing boards.
Connecticut Post - April 23, 2007
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High Hopes for Bridgeport
The New York Times follows up on CNNMoney.com's selection of
Bridgeport as one of the 20 housing markets nationwide that are likely
to post the biggest home-price gains by 2011.
New York Times-April
22, 2007
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Developer Plans Housing, Retail on Reservoir Avenue
The City has selected POKO Partners to develop affordable housing on
a vacant municipal-owned parcel at Reservoir Avenue and Yaremich Drive.
Bridgeport News -April 12, 2007
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Developers Eye Downtown Jackpot
Big-Name firms working on plans for
retail, housing site in Bridgeport
Connecticut Post - April 1, 2007
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POKO Partners
Selected to Build Affordable Housing in Bridgeport’s North End
Mayor John M. Fabrizi announced today that the City of Bridgeport has
selected POKO Partners LLC to develop affordable housing on a vacant,
city-owned parcel located at the corner of Reservoir Avenue and Yaremich
Drive in the city’s North End.
March 26, 2007
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4 Developers Vying for Pequonnock Site
The city has assembled a lineup of developers, including a team led by
NBA legend Earvin "Magic" Johnson, to submit proposals to develop the
former Pequonnock Apartments site next to the Harbor Yard complex — a
project that officials say will serve as an economic catalyst for
downtown.
Connecticut Post - March 1, 2007
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Developers for Prime Site Screened
It's got waterfront views, enviable proximity to trains, buses,
highways and ferries, not to mention its immediate neighbors are a
baseball stadium and sports/entertainment arena.
Connecticut Post - February 15, 2007
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Housatonic Community College Expanding Into Former Sears In
Bridgeport
For years, the old Sears, Roebuck and Co. building stood abandoned
on Lafayette Boulevard near I-95, a highly visible symbol of how
department stores fled cities for suburban malls. But the once-decaying
building is now the center of an ambitious expansion by Housatonic
Community College, space that will allow the college to double its size
and provide another boost for renewal in the heart of Connecticut's most
populous city.
Hartford Courant February 13, 2007
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For the Bold, Bargains Near a Harborside Park
The factors luring homeowners like David Gonzalez into Bridgeport offer
strong evidence that the city's problems might be conquerable. Last
May Mr. Gonzalez bought a luxury condominium in the city’s downtown, a
neighborhood with a chevron shape, sweeping from the compact office
district that abuts the McLevy Green.
New York Times
Living In Section January 21, 2007
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Bridgeport on hunt for developers
The city of Bridgeport and the Bridgeport Housing Authority
announced a request for qualifications for the former Pequonnock housing
site, across from the Arena and the Ballpark at Harbor Yard. The
property has the potential for more than two million square feet of
development. The Bridgeport Economic Resource Center will manage
the process. November 21, 2006
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Bridgeport named #3 city for highest home price
appreciation
Business 2.0’s list of the 10 U.S. cities where median home prices
are expected to appreciate the most within the next five years.
October 25, 2006
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Turning The Corner In Bridgeport
"The cosmic pendulum is swinging back." Tom Condon, editor of
Place, the Hartford Courant's Sunday Commentary pages about
"where we live," believes things appear to be turning around in
Bridgeport.
October 22, 2006
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Governor Rell Announces $4.6 Million in State
Funding To Advance Bridgeport’s Steel Point Development Project
Rell announces a state commitment of $4.6 million to help Bridgeport
purchase additional land that will be needed to advance the city’s
billion-dollar Steel Point economic development project.
September 26, 2006
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Creating New Wealth, Jobs in Bridgeport
Bridgeport Regional Business Council President Paul Timpanelli
explains the reality of Bridgeport's revitalization--what is underway
and what is planned.
Connecticut Post - September 24, 2006
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Ratzenburger Happy to be Made in Bridgeport
Actor and Bridgeport native John Ratzenburger brings investors to
Bridgeport; address guests at Ivestors Open House
Connecticut Post - September 24, 2006
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Finally, Bridgeport Moving, Experts Say
More than 80 businesspeople take part in the Bridgeport Economic
Resource Center's open house.
Connecticut Post - September 22, 2006
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Location, Location, Location Buoys Bridgeport
Transportation assets fuel Park City's long-awaited revival
Business New Haven - July 10, 2006
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Transit Facility Making Strides
Officials impressed with Intermodal Center gains
Connecticut Post - July 8, 2006
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Changing Cityscape
Projects heralded as boost to downtown Bridgeport
Fairfield County Business Journal
- June 26, 2006
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Tour of former Citytrust Building
Renovation of tower into complex of apartments and stores
Excerpt from Connecticut Post article June
20, 2006
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Bridgeport Celebrates $23M Bus Station
Groundbreaking
BRIDGEPORT, Conn. - April 24, 2006
State-of-the-art terminal to feature 10,000 sf terminal building
with the capacity to accommodate 17 buses simultaneously
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A City Happily Rediscovers a River and Seeks
to Renew a Waterfront
New York Times April 16, 2006
At the mouth of the Pequonnock, and inland where it bends toward
the city limits, the river also connects two of the newest of those
endless efforts to make Bridgeport rise again.
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Waterfront Sites Lure Developers
CT Post March 18, 2006
The city is riding a new wave of demand for waterfront
housing as developers scramble to find space to build
multi-million-dollar housing along the shoreline. Six projects offering
views of Long Island Sound are in various stages of development. The
proposals, only one of which has been fully approved, envision high-rise
complexes, with the best units selling for upwards of $500,000......
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