Commercial & Industrial
The U.S. economy grew at a record 33.1 percent annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year – and the recovery is slowing as coronavirus cases surge and government aid dries up.
TruNORTH Construction recently secured approvals from the town of Glastonbury to begin the construction of a $7 million office condominium complex.
Economists worry that the United States risks repeating a mistake made after the 2008-2009 Great Recession, when limits on federal spending and layoffs by states and localities hindered a recovery.
Gov. Ned Lamont warned Monday that bars and restaurants violating Connecticut’s COVID-19 restrictions will “ruin it” for other establishments complying with social distancing rules, including required face coverings, if they don’t change their ways.
Home furnishings Safavieh has acquired the 38-year-old Stamford Town Center mall from Taubman Centers and UBS Realty Investors.
The San Francisco-based retailer, which was for decades a fixture at shopping malls around the country, said Thursday that it will be closing one-third of its store base.
A pair of lease renewals at a Stratford office building worth around 18,000 square feet have been signed.
The state of Connecticut is making $50 million in federal coronavirus relief funds available to small businesses that have been impacted financially by the coronavirus pandemic, providing one-time grants of $5,000 to 10,000 employers.
Software and sensor firm Trimble has announced an alliance with Waltham-based robotics firm Boston Dynamics to market a version of the latter firm’s Spot dog-like robot geared towards construction projects.
Hartford-based Tecton Architects has a steady focus on health care and education designs, including a recent project that won statewide recognition from the CREW-CT organization at last month’s annual awards ceremony. Jeff Wyszynski joined Tecton in 2004 and was named chief operating officer in 2012.
The former site of Joe’s American Bar & Grill Restaurant in Fairfield has sold, according to a broker involved in the transaction.
Connecticut is planning to revamp its benchmarks for when people entering the state from locations with large COVID-19 rates will need to quarantine.
House Speaker Nancy Pelosi reported some progress in advance of a Tuesday deadline for reaching a pre-election deal with President Donald Trump on a new coronavirus relief package, but the same core problems bedeviling the effort remain in place despite optimistic talk from the president and his team.
Hoped-for economic development near Hartford’s Dunkin’ Donuts Park is starting to materialize as a well-known Stamford developer kicked off the $50-million initial phase of the Downtown North redevelopment project.
Connecticut took a step forward last week towards revamping a law that many developers and environmentalists say hobbles efforts to redevelop disused industrial properties around the state.
Connecticut residents wanting to track the latest wave of COVID-19 infections have a new tool in the form of a color-coded threat map.
Comedian John Oliver made a secret trip to Connecticut last week to help cut the ribbon on a sign naming a sewage treatment plant in his honor.
A Massachusetts-based developer hopes to replace part of the parking lot at a Hartford Bowe Tie Cinema location that has been permanently closed due to the COVID-19 pandemic.
A new report from the Urban Land Institute and real estate investment firm Heitman has found that risks generated by climate change are increasingly becoming a factor in real estate investors’ decision-making.
Spinnaker Real Estate Partners has signed a new office tenant for its Brim & Crown mixed-use, transit-oriented redevelopment in East Norwalk.