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Municipal

Housing as a Component of Economic Development

In this episode of CERCONOMY, VP of Municipal Services, Courtney Hendricson, and President & CEO Bob Santy, discuss the topic of housing as a critical component of local economic development - a follow-up to their presentation at the Connecticut Housing Coalition Conference.

With populations changing, municipalities need to consider the importance of housing to local economic development. Housing makes up approximately 70% of a town's assets, and town services are supported by property taxes, so it is critical that municipalities take a more inclusive approach and make investments where the demands are.

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by Courtney Hendricson  |    |  Comments 

A New Model of Business Retention & Expansion

In this episode of CERCONOMY, Courtney Hendricson and Kevin Bielmeier follow up on Kevin's recent blog post, "Economic Development is a Contact Sport," discussing business retention and expansion best practices, and how a regional approach to solving workforce issues is taking flight.

Listen to learn about a new model of supportive services being provided to two neighboring Connecticut towns to grow and attract businesses. 

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by Courtney Hendricson  |    |  Comments 

Global to Local: Welcoming International Investments in Your Community

In this episode of CERCONOMY, Courtney Hendricson and Jason Giulietti share the concept of Global to Local, and how CERC partners with the CT Department of Economic and Community Development to attract international investment to the state.  Learn ways that your municipality and economic development commission can prepare to successfully attract and welcome new companies to your community.

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by Courtney Hendricson  |    |  Comments 

Streamlining the Land-Use Regulatory Process

More important than any incentive or other financial benefit, a predictable and consistent land use process is what will help your town translate development proposals into real tax-paying projects that improve the town’s business community, as well as motivate residents and businesses to expand and renovate their properties.

Join CERC’s VP of Municipal Services, Courtney Hendricson, on this episode of CERCONOMY to understand how the most important component for a land-use regulatory process to function successfully is that the process be predictable and consistent.

Download the checklist we use as part of the municipal self-assessment and benchmark your land-use regulatory process. 

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by Courtney Hendricson  |    |  Comments 

Economic Development is a Contact Sport

Economic Development is a Contact Sport

"We are Open for Business," words you often see when a municipality wants to reflect how business friendly they are. But these are just empty words if they are not backed by action. News travels fast among commercial realtors and developers if a community is not actually business friendly. The phrase time is money is an absolute truth in the world of commercial development. If a developer is concerned that their project is going to be delayed, blocked or flat-out denied, they will move on to the next town before even starting.

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by Kevin Bielmeier  |    |  Comments 

On the Ground Economic Development Support for Towns in Connecticut

In this episode of CERCONOMY, Sadie Colcord, CERC's Municipal Services Associate, joins Courtney Hendricson, Vice President of Municipal Services, to discuss the on-the-ground economic development work being done in Beacon Falls and highlight how towns can benefit from a different approach to their economic development efforts.

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by Courtney Hendricson  |    |  Comments 

How Municipalities Can Market Commercial Real Estate Opportunities

Municipal Economic Development Marketing

Across Connecticut, CERC’s municipal and marketing experts have been helping elected officials and town staff market the available commercial real estate within their towns. As part of the team, I have discovered that the most important aspect of a successful marketing campaign is a multi-faceted, multimedia approach to remind people of the local development opportunities that exist. To illustrate this, let’s look at one of the smaller towns we are currently working with to execute a marketing campaign. Without marketing, the town would probably not be top of mind for a developer or broker in Connecticut because of its small size, despite its bountiful real estate opportunities, skilled workforce, and well-connected transportation system.

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by Sadie Colcord  |    |  Comments