Brbc video bpt mktg cmpgn ec dev june 2010
Transcript of Brbc video bpt mktg cmpgn ec dev june 2010
ECONOMIC DEVELOPMENT PROGRESS
Selected Projects 2010
Mayor Bill FinchDonald Eversley, DirectorOffice of Planning & Economic DevelopmentPaul Timpanelli, President & CEOBridgeport Regional Business Council
A Connecticut Hub
• Central location in a vibrant region • Unrivaled transportation connections• New Master Plan and Zoning Regulations• B-Green 2020 Plan for sustainable growth, jobs, & energy
Housatonic Community College Expansion
• $55 Million expansion completed Dec 2008• 6,200 students currently enrolled
The Lofts 881
• $7 Million adaptive reuse project, completed Summer 2008• 38 Residential condominium units, 3,000 square feet
of retail space
CityTrust Building
• $30 million adaptive re-use project • 118 residential units, full occupancy• Citibank, Amici Miei Italian café & wine bar
The Arcade & Atrium
• $22 Million adaptive re-use project - 23 residential units, full occupancy; several dozen renovated retail spaces; historic atrium restoration
Bijou Square
• $32 Million restoration of historic buildings for office & retail• $24 Million new construction for residential and
retail space
Columbia Towers
• $ 9 Million adaptive reuse project, 65 condo units, completed Spring 2009
Bridgeport Holiday Inn
$10 million dollar renovation in 2009-10 to include newfront and rear entry ways, the BLUE MARTINI lounge andappointed all 209 guest rooms with new furniture, floors, bathrooms, flat screen TVs, etc.
Derecktor Shipyards
• Began Bridgeport operations in 2001; established itself as an industry leader in producing water taxis, high-speed ferries,mega-yachts and other specialty and luxury craft.
• Employment has grown from 160 to 400• $30 Million capital expansion plan underway to
capture a growing commercial customer market
Inter-modal Transportation Center
• $23 million state-of-the-art bus terminal physically links to the railroad platforms via a covered walkway.
• 17 bus bays accommodate as many as 17 buses simultaneously.• Features a 10,000 sq ft passenger terminal.
West End Industrial Park
• 4 new buildings totaling 210,000 sf; Dari Farms, AKDO granite supply, Chaves Bakery, A! Trucking Supply
• Buildings completed in 2000, 2005, 2006, and 2008• Created revitalization corridor that is also now home
to Cesar Batalla School
United Rentals
• United Rentals moved to Bridgeport from Fairfield to a 40k sq ft facility at a remediated brownfield on Housatonic Ave north of downtown – its largest site in New England.
• Estimated annual property tax revenue exceeds $300,000
Lecoq Cuisine• Lecoq Cuisine Corporation is a
wholesale, high-end French bakery that distributes throughout USA
• In 2005, Lecoq relocated from Stamford with 25 employees to an abandoned industrial building on Union Ave. They refurbished the structure into 60,000 sq ft of state-of the art commercial baking space.
• In 2010, the company is generating over $10 million in sales with 86 workers.
• The company is developing plans for an additional $10 million capital investment in facilities and machinery that will more than double their production output and create many more jobs.
Columbia Elevators
• Relocated from Port Chester NY corporate headquarters to Bridgeport in 2009. Purchased 40,000-sq-ft building at 380 Horace Street in North Bridgeport (formerly the Conco/Casco plant) – employs over 100
• $2 million in State-bond financing for extensive renovations and remediation. Columbia is a growing force in the elevator industry with 400% growth between 2001 and 2009.
B&E Juices
• In 2009 B&E Juices Fairfield County’s distributor of Snapple beverage products invested $2.5 million for 4 acres & 30K sf building at the former Acme United scissor factory. Environmental remediation & conversion into expanded headquarters warehouse complex.
A new 2nd Bridgeport Price Rite store opened January 2010 at the former National Wholesale Liquidator’s site located at 4425 Main Street. The 45,000 sq ft store will generate over a hundred new jobs.
Casey Family Services
Relocated January 2010 to a newly renovated building at 779 Main Street bringing over 40 new jobs to downtown.
Seaview Plaza Development Proposal
150,000 square foot East End retail/commercial development has been proposed by Simon Konover Company for the remaining undeveloped portion of the former Carpenter Steel site on Seaview Avenue.
Steel Pointe Harbor
Sept 2009 - restructured plan for 2.8 million square feet of development: retail, residential, restaurant, marina and waterfront access
School Construction Program• 5 New pre-K to 8 schools• 4,580 Students • 638,000 SF - $247.6 Million• 3 New Regional Magnet Schools• $50 million in multi-school repairs are underway
Cesar A. Batalla ES(West End)
Grand Opening January 2007
Swing Space School at UB(South End)
Barnum & Waltersville ES(East Side)
North End/Hollow ES
Jettie S. Tisdale Elementary School(East End )
The Discovery MuseumDiscovery Magnet School
Preliminary Sketch
MEDICAL SECTOR
As the center for hospital care in Eastern Fairfield County, Bridgeport’s health care industry continues to grow, invest in state-of-the art facilities and generate quality jobs.
•More than 2,000 employees•2009 - invested $140 Million•Adding parking capacity, •90,000 sf addition to its emergency facilities•Established new cancer center
St. Vincent’s Medical CenterSecond Major Expansion
Bridgeport Hospital Expansion
BRIDGEPORT HOSPITAL•Employs 2,600•Invested $70 Million to improve its 800,000 sq ft complex.