According to Fairfield County Business Journal’s Crystal Kang, in Bridgeport “businesses are setting up shop, multimillion-dollar construction projects are breaking ground and consultants are finalizing designs to develop the city’s second train station.”
“The proof is in the pudding,” Mayor Finch asserted. “We have five investment teams investing in downtown buildings. John Morris is opening up Bass Pro Shops, and we have Gary Flocco at Corvus Capital, U-Haul, RemGrit, GE and DuPont all working with us. We have a very cooperative attitude when it comes to our administration working with investors.”
The projects Mayor cited include:
• Bass Pro Shops is building a retail store at Steelpointe Harbor;
• Corvus Capital Partners is renovating several derelict factory buildings along Interstate 95;
• RemGrit is the site of the former Remington Arms factory that will be demolished and turned into a second train station.
Also: "Brownfields in Bridgeport, Stratford targeted for cleanup" - Fairfield County Business Journal
Bridgeport will receive $3,176,000 to revitalize three deteriorated properties while Stratford gets nearly that much to clean up an old industrial site, the state announced on Wednesday.
Bridgeport will receive a $2 million loan to remediate a 12.2-acre parcel in the South End/Seaside neighborhood. The completed project there envisions 1,200 residential units.