CERC Town Profiles™ are a resource for many - entrepreneurs looking to determine markets and how to grow their business, real estate professionals who need to portray a region, municipalities conducting strategic planning and updates to plans of conservation and development, economic development professionals preparing context for grant and other funding requests, and the general public who are interested in learning more about their current or potential hometown.
After a period of steady growth, we’re starting to see signs of a slow down as the economy begins to return to a more baseline level of growth.Factors such as the diminishing effects of the temporary boost from the 2017 tax changes, as well as slowing in the manufacturing sector due to prolonged uncertainty with trade and tariffs, have a different economic outlook going into 2020.
Popular in California and the Pacific Northwest where we see high population growth and prohibitive real estate prices, the fastest adopters of the tiny house movement are millennials, who are trying to establish their own space, and baby boomers / early empty-nesters that are looking to downsize.Here in Connecticut, tiny homes are more of a curiosity or novelty, and come with complications, in part due to municipal zoning regulations.
As developers and applicants look fondly on municipalities that are streamlined and able to get development up and running quickly, the question for towns and cities becomes, how do our local land use policies incentivize and streamline economic development projects?And how does this affect the reputation of our community in the eyes of potential developers and applicants?
The retail industry is going through a remarkable transformation - in part due to technology as well as cultural and social shifts.
In this episode of CERCONOMY, Alissa DeJonge, CERC's Vice President of Research, and Rachel Gretencord, CERC's Financial and Research Analyst, sit down to discuss the changes occurring in the retail marketplace, and what retailers need to do in order to survive - including establishing destinations where shoppers want to go and spend time - creating authentic experiences.
Global industry leader, Stanley Black & Decker and Techstars, a worldwide accelerator that helps entrepreneurs succeed, have partnered to run The STANLEY+Techstars Accelerator in Hartford. Focused on additive manufacturing and sustainable packaging solutions, they search the world for established startups that are developing innovative solutions in these areas - searching for disruptive solutions in software, hardware, or materials.
Recently, Erron Smith, CERC’s Associate Director of Business Development sat down with Alissa DeJonge, Vice President of Research, to chat about a recent conference he attended - the Industrial Asset Management Council (IAMC) Professional Forum.Held in Milwaukee, the forum brought together economic developers, service providers, and end users (companies).As a first time visitor to Milwaukee, Erron was impressed with the city’s efforts to transform the historical industrial economy and strategically utilize the existing assets, and how Connecticut, with its similar post industrial challenges, can benefit by learning from cities like Milwaukee.
Bourough 496 is a new business incubator in Hamden, supporting small businesses and serving as a regional asset for innovation as well as a productive institution in a critical neighborhood.
In this episode of CERCONOMY, CERC’s Vice President of Municipal Services, Courtney Hendricson, is joined by Dale Kroop, the Director of Economic Development and Neighborhood Revitalization for Hamden - and the mastermind behind the new incubator.
Many listeners are familiar with the free resources that CERC offers for information on the Connecticut commercial real estate market - such as property listings on CERC SiteFinder®; and the CERC Town Profiles, however, CERC also offers project-based services for real estate as well.
The second annual Greenwich Economic Forum will be held November 5th and 6th to convene the brightest minds in global finance, business, media and government for discussion and debate on the defining issues of our times.