Fair 43°
Tag:

Economic Development

Politics
Race For State Senate Seat Marks First Political Run For Ex-Lamont Aide Nick Simmons Race For State Senate Seat Marks First Political Run For Ex-Lamont Aide Nick Simmons
Race For State Senate Seat Marks First Political Run For Ex-Lamont Aide Nick Simmons This may be Nick Simmons' first political race, but he is not a newcomer to politics.  The State Senate District 36 candidate, brother to Stamford Mayor Carolyn Simmons, was born and raised in Greenwich and now calls Stamford home.  The district comprises Greenwich, North Stamford, and portions of Stamford, New Canaan, and Newfield-Westover-Turn of River. He left a brief career on Wall Street to teach middle school math in Harlem.  Within a few years, at 26, Simmons became one of the youngest acting school principals in New York.  Later, he went on to serve in Gov. Ne…

SHARE

by Vira Mamchur Schwartz
Politics
Here's Why Lamont Will Be Spending A Week In Israel Here's Why Lamont Will Be Spending A Week In Israel
Here's Why Lamont Will Be Spending A Week In Israel Connecticut Gov. Ned Lamont will be traveling overseas to Isreal to lead an economic development mission. The Democratic governor announced this week that he will be part of a convoy heading to Israel, where he intends to promote Connecticut as a promising place for start-up companies and to strengthen relations overseas. 
“Part of growing Connecticut’s innovation ecosystem includes adding diverse businesses from all around the world,” Lamont said in a statement. “This is an opportunity for Connecticut to strengthen its ties with Israel and provide these innovative companies with an option …

SHARE

by Zak Failla
News
Details Emerge On State's Deal With Indian Tribes For Sports Betting Details Emerge On State's Deal With Indian Tribes For Sports Betting
Details Emerge On State's Deal With Indian Tribes For Sports Betting Gov. Ned Lamont and Connecticut’s two federally-recognized Native American tribes have reached an agreement on sports betting and online gambling. Lamont announced on Thursday, March 18 that the Mohegan Tribe, and Mashantucket Pequot Tribe have reached an agreement that “will allow the State of Connecticut to modernize gaming options available to state residents.” The agreement is expected to generate tens of millions of dollars for the state, while “keeping Connecticut competitive with gaming currently being offered or considered in neighboring states.” As part of the agreement, the Con…

SHARE

by Zak Failla
News
Amazon To Open Distribution Center In Danbury Amazon To Open Distribution Center In Danbury
Amazon To Open Distribution Center In Danbury Three years after a video pitch for Amazon to move to an area city went viral, the mega-company has announced it's taking the bait. The big news, announced Wednesday, June 10, is that Amazon will be coming to Fairfield County when the company repurposes the former Scholastic Corporation on Old Sherman Turnpike in Danbury into a distribution facility. Three years ago, Danbury Mayor Mark Boughton worked hard on a video to entice the company to move to Danbury. It might have taken a while, but the effort paid off.  “We are so excited to bring Amazon here to the City of Danbury,…

SHARE

by Kathy Reakes
News
'Do Your Job,' Cuomo Tells NYPD, de Blasio Amid Looting; NYC Curfew Extended Through Weekend 'Do Your Job,' Cuomo Tells NYPD, de Blasio Amid Looting; NYC Curfew Extended Through Weekend
'Do Your Job,' Cuomo Tells Nypd, de Blasio Amid Looting; NYC Curfew Extended Through Weekend The curfew in New York City has been extended for the rest of the week, through the weekend as looting and protests continue to break out in the wake of the police-assisted death of George Floyd in Minneapolis as Gov. Andrew Cuomo publicly criticized Mayor Bill de Blasio's response.  De Blasio announced that the curfew will be in effect nightly from 8 p.m. to 5 a.m. through Sunday, June 7. following five nights of protests in the five boroughs and throughout the country. Earlier story - NYC Will Have Curfew After Looting On Fourth Night Of Protests “Anyone who is upset about the statu…

SHARE

by Zak Failla
News
COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies COVID-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies
Covid-19: NY, NJ, CT Join New Multi-State Consortium For Medical Supplies On Day 64 of the novel coronavirus (COVID-19) pandemic, the governors of New York, New Jersey and Connecticut announced the formation of a joint seven-state agreement to develop a regional supply chain for personal protective equipment, other medical equipment and testing. Other states involved in the initiative are Massachusetts, Pennsylvania, Delaware and Rhode Island. While the states will continue to partner with the federal government during the crisis, they will also work together to identify the entire region's needs for these products, aggregate demand among the states, reduce costs…

SHARE

by Daily Voice
News
Lamont Drops Plan For Truck Tolls On CT Highways Lamont Drops Plan For Truck Tolls On CT Highways
Lamont Drops Plan For Truck Tolls On CT Highways Connecticut Gov. Ned Lamont has abandoned his plan for installing toll gantries for trucks on state highways. State senators had been scheduled to vote on Lamont’s proposal this week, but reportedly stated they needed more time, prompting the governor to announce that the state would be ditching the plan. “I’ve got a Legislature that doesn’t want to make a choice,” Lamont said at a news conference. “I think it’s time to take a pause.  "Don’t say I need another week. I’ve heard that for a year. I’ve lost patience. We’re going to fix our transportation plan and will work with anybody wh…

SHARE

by Zak Failla
Business
Amazon To Open Facility In Fairfield County Amazon To Open Facility In Fairfield County
Amazon To Open Facility In Fairfield County Amazon is set to open a new distribution center in Fairfield County early next year, potentially creating hundreds of jobs for area residents. The retail giant announced that it will set up shop in Stratford as soon as Jan. 1 next year on Long Beach Boulevard as part of a seven-year pact between the city and company. “We are pleased to be welcoming Amazon to Stratford,” Stratford Mayor Laura Hoydick, said. “Stratford is an ideal location for this new distribution center for Amazon. We have great transportation access as well as a terrific skilled labor force ready to take on the jobs Amazo…

SHARE

by Zak Failla
Sports
Breaking Ground: Here's What Islanders' New Arena Will Look Like Breaking Ground: Here's What Islanders' New Arena Will Look Like
Breaking Ground: Here's What Islanders' New Arena Will Look Like Home sweet home. New York Gov. Andrew Cuomo, NHL Commissioner Gary Bettman and other local leaders were on hand on Monday, Sept. 23 to break ground at Belmont Park, the $1.3 billion future home of the New York Islanders. According to officials, “announced in December 2017, the Belmont Redevelopment Project will turn 43 acres of underutilized parking lots at Belmont Park into a premier sports and hospitality destination, including a new 19,000-seat arena for the New York Islanders hockey team and other events, a 250-key hotel, a state-of-the-art retail village and office and community space.…

SHARE

by Zak Failla
Business
Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse
Ama-gone: NY Governor Cites 'Small Group Of Politicians' For H2Q Collapse Amazon’s shocking decision to back out of a deal to set up shop in New York has Gov. Andrew Cuomo pointing fingers at “a small group of politicians.” The online retail behemoth announced on Thursday that it is no longer planning to construct a new headquarters in Long Island City, bringing more than 25,000 jobs to the region. The company said that despite the support of New Yorkers, it has decided to only move forward with their new campus in northern Virginia. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long I…

SHARE

by Zak Failla
News
Bridgeport To Get $14.6M For Infrastructure, Economic Development Projects From State Bridgeport To Get $14.6M For Infrastructure, Economic Development Projects From State
Bridgeport To Get $14.6M For Infrastructure, Economic Development Projects From State The state bond commission has officially approved a $14.6 million award the City of Bridgeport to be used for infrastructure and economic development. Mayor Joe Ganim attended the Tuesday, Dec. 11 state bond commission meeting, and a number of projects’ funding has already been approved. The Sikorsky airport will receive $7 million in infrastructure improvements, and the Congress Street Bridge will get $3.7 million for reconstruction. Additionally, $2.28 is allocated to supporting Bridgeport’s “coastal resiliency.” The approved bonding also allocates $1 million to the demolition of the for…

SHARE

by Valerie Musson
Business
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says
Surprise, Surprise: Amazon Plans To Split HQ2 Between Two Cities, One Could Be NYC, Report Says Speculation has swirled since September 2017 when Amazon, the Seattle-based global giant Internet retailer, announced it was seeking proposals from cities and metropolitan areas across North America to compete for its second headquarters. The 500,000 square-foot facility known as HQ2 was expected to include $5 billion in private investment and create as many as 50,000 new high-paying jobs. But now comes a dramatic plot twist. Call it HQ2 times two. The Wall Street Journal is reporting Amazon will evenly split its second headquarters among two cities, dividing the number of jobs …

SHARE

by Joe Lombardi
Business
Group Of Stamford, Greenwich, Norwalk, Westport, Fairfield Leaders Names Martin As Chairman Group Of Stamford, Greenwich, Norwalk, Westport, Fairfield Leaders Names Martin As Chairman
Group Of Stamford, Greenwich, Norwalk, Westport, Fairfield Leaders Names Martin As Chairman The Fairfield County Five, an economic development group that arranges business outreach events to educate those out­side Connecticut, selected Stamford Mayor David Martin as its acting chairman on July 23. The year-old regional marketing initiative is led by the mayors or first selectmen and economic development leaders of Fairfield, Greenwich, Norwalk, Stamford and Westport. “We’re not an official body,” Stamford Director of Economic Development Thomas Madden said in this Westfair Online article. "When we launched last year it was as a pilot project — ‘Can we work together and pull s…

SHARE

by Jon Craig
Politics
Stemerman Says He Puts Action Ahead Of Politics In Governor's Race Stemerman Says He Puts Action Ahead Of Politics In Governor's Race
Stemerman Says He Puts Action Ahead Of Politics In Governor's Race This is another in a series of Daily Voice articles profiling candidates for governor.  As a youngster, David Stemerman has fond memories of Connecticut as a state perfectly situated between two major cities -- New York and Boston -- that people didn't just want to drive through, but loved to visit and make a home.  Massachusetts was nicknamed "Taxachusetts," and its tech companies were relocating until a series of Republican governors turned the Bay State's economy around, from Stemerman's perspective. Today's Connecticut, the Republican candidate for governor says, is better-kn…

SHARE

by Jon Craig
Business
Accounting Firm Adding 110 Jobs By Opening Office In Stamford Accounting Firm Adding 110 Jobs By Opening Office In Stamford
Accounting Firm Adding 110 Jobs By Opening Office In Stamford An accounting firm will be bringing more than 100 new jobs are set to come to Fairfield County over the next several years. Connecticut Gov. Daniel Malloy announced on Monday that KPMG, the audit, tax and advisory firm, is bringing an estimated 110 jobs over the next five years in a brand new Stamford Office on Washington Boulevard. Malloy said that the company recently signed a long-term lease and plan to renovate the space in advance of opening up next spring. KPMG has had a presence in Stamford for nearly four decades and currently employs 315 people at its location at their base on 300…

SHARE

by Zak Failla
Business
Amazon Breaks Ground On $255 Million Warehouse In Connecticut Amazon Breaks Ground On $255 Million Warehouse In Connecticut
Amazon Breaks Ground On $255 Million Warehouse In Connecticut Construction crews have broken ground for the next home of Amazon’s warehouse on Washington Avenue in North Haven. The $255 million project is expected to be completed by June 2019. The warehouse will create 1,800 jobs, and ultimately 3,000, First Selectman Michael Freda told The Connecticut Post.. The warehouse will span about 1.2 million square feet, roughly the same size as the former Pratt & Whitney facility that it succeeds.  Amazon would become the largest company to enter the region since Pratt and Whitney left in 2001.

SHARE

by Jon Craig
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location late last month.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that …

SHARE

by Joe Lombardi
Business
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2
Amazon Reveals Average Salary, Number Of Jobs It Will Add At HQ2 Amazon has revealed the number of jobs it expects to add and the average annual salary at its new second headquarters after announcing 20 finalists, including New York City, for the new location Thursday morning.Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that…

SHARE

by Joe Lombardi
Business
Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ
Stamford Reacts To Not Making Amazon's List Of Finalists For New HQ STAMFORD, Conn. – Even though Stamford did not make it to the short list of possible locations for Amazon's second headquarters, city officials still see a silver lining and think that Stamford will make an appealing location for another major company. Stamford had been one of two locations the state of Connecticut had proposed to the online retailer as a possible location for a new headquarters. Hartford had been the other possible location the state suggested. Amazon came out with a list of 20 possible locations on Thursday, with no Connecticut locations making the cut. Related story: Ama…

SHARE

by Casey Donahue
Business
Amazon Names 20 HQ2 Finalists Amazon Names 20 HQ2 Finalists
Amazon Names 20 HQ2 Finalists Amazon announced 20 finalists for its second headquarters on Thursday morning, with nearly all big U.S. cities, including New York.Seattle-based Amazon did not disclose how it determined the finalists after receiving nearly 300 applications from localities.  The winner will be selected later this year. No specific month for that selection was announced. Amazon said it expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs with an average salary of $100,000. Here are the 20 locations chosen by Amazon as the HQ2 …

SHARE

by Joe Lombardi
News
State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike
State Postpones $4.3B In Transportation Projects, Proposes Rail Fare Hike FAIRFIELD COUNTY, Conn. – The state Department of Transportation is indefinitely postponing hundreds of transportation projects totaling $4.3 billion until more revenue can be secured for the state's Special Transportation Fund, which is used to pay for repair projects and the operation of the DOT, Gov. Dannel P. Malloy announced Wednesday. The postponement of the projects is on top of a proposal to increase fares on train and bus services in the state. The DOT has proposed an increase of 10 percent on rail fares, and a 25 cent increase in bus fares this year, followed by 5 percent increases…

SHARE

by Casey Donahue
Politics
Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid
Off And Running: Bridgeport Mayor Ganim Files For Gubernatorial Bid BRIDGEPORT, Conn. — It’s official: Bridgeport Mayor Joe Ganim is running for governor. Pledging that “We can do better,” Ganim today filed the necessary paperwork with the State Elections Enforcement Commission to run as a Democratic candidate in 2018.  Citing his more than 14 years as mayor of the state’s largest city, Ganim is pledging to work hard to revive the Connecticut economy and stabilize state government finances. “The road to bringing fiscal stability back to Connecticut runs through economic development and job growth,” he said in a written statement. “We can get Connecticut b…

SHARE

by Meredith Guinness