Hard to believe that there are only a few weeks left in 2017, but its true.
This time of year, many organizations take a look back and evaluate the success of new paths traveled which may reflect an organizational strategy shift, or the launch of a new product or service option that was created and implemented throughout the year, consider adjustments, and make tweaks where necessary to enhance performance and increase the chances for success in the following year.
Looking back, this year has been full of success and transition. In Real Estate services, we were able to continue the delivery of the SiteFinder Showcase series, which was held at the newly developed Corsair Apartments in New Haven. Fortunate to welcome New Haven Mayor Toni Harp, Developers David Salinas and John McFadyen, and DECD Deputy Commissioner Tim Sullivan, for a discussion about Building Vibrant Communities and adaptive reuse, highlighting the importance of returning non-revenue generating real estate back to tax-producing assets, and the best practices to achieve and attract those types of projects.
The summer's end is almost upon us, but before we prepare for autumn, it's time for our 3rd CERC SiteFinder Member Appreciation Golf Outing. We have reserved time at Lyman Orchards Golf Course on Thursday, August 25th as the day to show our appreciation for our SiteFinder members and acknowledge how valuable their partnership is during all phases of the economic development process.
Building Vibrant Communities was the theme for the annual CERC SiteFinder® Showcase hosted by the Connecticut Economic Resource Center, Inc. (CERC) and held at the new Corsair Apartments in New Haven with nearly 65 real estate and economic development professionals.
Although we are experiencing some unseasonable chilly weather for April, I can assure you that things are heating up here at CERC, as if it were August! Our focus on international business recruitment has resulted in many visits to the state from international CEOs over the past number of months. These visits have brought about an increasing number of agreements to establish a presence in Connecticut. In most cases, these expansion and relocation projects represent the company's first venture into the US market, and expansions that will support net new job creation within the state. Further evidence that the US market is viewed globally as stable and attractive for business growth.
One of the largest generations in history is about to move into its prime spending years and its effect on Connecticut real estate remains to be seen. In the past few months there has been a lot of discussion focused around millennials, and their desire to live, work, and play all in the same area.