by The Commercial Record | Aug 11, 2023 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
The Connecticut Communities Challenge Grant program recently awarded its third round of grants to eight cities and towns to fund a range of revitalization projects intended to support job growth.
by Steve Adams | May 12, 2023 | Commercial & Industrial, CR Daily, Industry News
While some Nutmeg State communities fight modest proposals for multifamily housing, the tiny southeastern Connecticut city of New London is welcoming new projects delivering hundreds of apartments to long-neglected parcels.
by James Sanna | Mar 14, 2023 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
Could the already-hot New London-area housing market get even more demand from an expanding Electric Boat Co. shipyard?
by The Commercial Record | Feb 1, 2023 | Commercial & Industrial, CR Daily, Industry News
Groton’s state senator says the town’s biggest employer, the Electric Boat Co. submarine shipyard could offer housing to workers as a way to attract more employees amid a boom in orders from the U.S. Navy.
by James Sanna | Oct 24, 2022 | Commercial & Industrial, CR Daily, Industry News
Avner Krohn, the multifamily developer perhaps best known for his almost single-handed campaign to revitalize downtown New Britain, is expanding his reach to New London.
by James Sanna | Dec 22, 2021 | Commercial & Industrial, CR Daily, Industry News
The state needs to set up an agency to help real estate developers and manufacturers navigate the growing offshore wind sector, the report said.
by The Commercial Record | Oct 7, 2021 | CR Daily, Industry News, Residential Real Estate
Arruda Real Estate, an 18-agent brokerage with offices in Mystic and Plainfield, is merging with William Pitt Sotheby’s International Realty, the larger brokerage said in a statement Monday.
by The Commercial Record | Jul 26, 2021 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
This month’s heavy rains follow a year in which coastal communities in the United States experienced record high-tide flooding, a trend that federal ocean researchers say is expected to continue into the future “without improved flood defenses.”
by The Associated Press | Jul 15, 2021 | Commercial & Industrial, CR Daily, Industry News
As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on Wednesday released a 15-year plan of rail improvements.
by The Commercial Record | Mar 11, 2021 | Commercial & Industrial, CR Daily, Industry News
New London officials are hoping to boost the local economy by improving its rail connections with the Boston area.
by The Associated Press | Mar 10, 2021 | Commercial & Industrial, CR Daily, Industry News
The first commercial-scale offshore wind power development in U.S. history is edging closer to approval, federal officials said Monday.
by The Associated Press | Nov 30, 2020 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
Tony Hsieh, the retired CEO of Las Vegas-based online shoe retailer Zappos.com, who spent years working to transform the city’s downtown area, has died.
by The Associated Press | Jun 23, 2020 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
The Navy has announced a proposed $9.5 billion contract with General Dynamics’ Electric Boat to build the first two submarines of a new generation of ballistic missile vessels.
by Diane McLaughlin | May 28, 2020 | Banking & Lending, Industry News
With mortgage interest rates at historic lows, loan originators in 2019 experienced a months-long refinancing boom that has continued amid the coronavirus crisis.
by Bram Berkowitz | Mar 5, 2020 | Industry News, Residential Real Estate
It was another somewhat bearish year for Connecticut’s housing market, as total single-family home sales dipped, while prices barely increased. Still, some bright spots appeared that are worth a closer look.
by The Associated Press | Feb 12, 2020 | Commercial & Industrial, CR Daily, Industry News
A plan to upgrade the port of New London so it can become a staging area for the offshore wind industry has been approved.
by The Associated Press | Feb 4, 2020 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
Defense contractor General Dynamics Electric Boat will need to hire thousands more employees over the next decade as it ramps up submarine production, the company’s president said Monday.
by The Associated Press | Dec 30, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate
The Navy is proposing construction cutbacks and accelerated ship retirements that would delay, or sink, the Navy’s goal of a larger fleet – and potentially hurt shipyards, according to an initial proposal.
by The Commercial Record | Dec 18, 2019 | Commercial & Industrial, CR Daily, Industry News
New London developers Yehuda Amar and Michael Barlow and a third defendant face 30 felony counts stemming from an investigation into bribery, obtaining property under false pretenses and tax evasion at Rhode Island’s Twin River Casino.
by The Associated Press | Dec 3, 2019 | Commercial & Industrial, CR Daily, Industry News
The U.S. Navy has awarded a $22.2 billion contract for the construction of nine additional Virginia class submarines.