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Economic News
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| Cromwell Commons |
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Cromwell is a Connecticut River community of nearly
13,000 people, located just north of Middletown. During the past ten
years, its residential population has jumped over 12%. A high
quality of life, along with a strategic central location and the
best highway access in the state have combined to make Cromwell a
popular residential community.
Understanding the need for
balance, community leaders have focused on the development of its
industrial and commercial interests as a top priority. Cromwell
Economic Development Update
Growing businesses are
an integral part of a strong community. Businesses bring tax revenue, jobs and
convenience. While Cromwell’s recent growth has been fueled, in large part, by
the desire of many people to escape the hustle and bustle of the city for the
peace and quiet of the countryside, without a strong and vibrant business
community, the welfare of the community as a whole would suffer. Schools,
police and other town services would be chronically underfunded. Part-time jobs
for teenagers would be scarce. And no one wants to drive all the way to another
town to buy the groceries, get a haircut or pick up a pizza. An active business community makes for a
good town. An active business community controlled by sound planning makes for
a great town, and that’s the aim of the Cromwell Business Development
Commission.
Northern Tier Industrial Development
For several years, the Economic Development
Commission (EDC) has been working to develop the industrially zoned lands in
the northern most section of town. This area is defined by U.S. Interstate 91
on the west, to the east by Connecticut Route 99, to the north by the town of
Rocky Hill and in the south by Coles Road, Geer and Court Streets.
To facilitate development of this area,
significant infrastructure improvements need to be made. These improvements
include but are not necessarily limited to: extension of utilities,
improvements to existing roads, making the access road to the Town transfer station a public road and the replacement of the sewer
pumping station that services the area.
Two grants have been obtained from the State of
Connecticut Small Town Economic Assistance Program (STEAP) totaling $945,000
for the purpose of making infrastructure improvements. Through this grant
program the Town has conducted a marketability study of the area and is
currently working on a Connecticut Environmental Policy Act study. The grant is
being managed by the Connecticut Department of Economic and Community
Development (DECD), which requires the study prior to releasing any funds for
infrastructure improvements. Currently,
there is a need to prioritize the infrastructure improvements to determine how
the existing grant funds will be used.
In 2004, a Delta Building Corporation, a local
developer, purchased a 13-acre track of land formerly known as 233 Shunpike
Road. The Town contributed to the
development of this parcel by making a grant to Delta in the amount of $350,000
to extend the sewer line and to make necessary road improvements. Delta made a subdivision application in the
spring of 2004 to create seven building lots and named the project Coles Brook
Commerce Park. The project has been
extremely successful.
Advanced Copy Technology Inc., an existing
Cromwell business has constructed and begun occupying the first building on the
site. The building is 9,000 square feet
and the business employs twenty-five individuals full time.
The second completed project is a 10,000 square
foot building constructed by Merola Properties LLC. The current building is the first phase of a two-phase project
that will ultimately consist of a 24,000 square foot mixed use building. Millard Enterprises, an operating company
owned by Merola, is the first tenant in the mixed-use building occupying
approximately 4,000 and employing ten people. When fully built out, it is expected the project will house up to seven
businesses.
The third project completed was the 10,000
square foot class “A” office building housing PrimePay of Connecticut, another
existing Cromwell business. PrimePay
will employ twenty-five employees at the new location with intentions to grow
to 50 employees within five years.
This spring saw the ribbon cutting of The
Computer Company, Incorporated’s new $1.2 million, 9 thousand square foot
facility. The Computer Company began as
an IT solutions provider and soon experienced dramatic growth in products,
services, and clients. The relocation
of the business and its 20 employees represents a commitment to further growth
that will be marked by an increase in 15 employees within the coming years and
exciting new products and services.
In addition to these projects, a fifth building
is being planned for a local wholesale distribution company. This building will
be approximately 8,000 square feet.
The Development of Coles Brook Commerce Park has
substantially sparked interest in the surrounding industrial area. The owner of a majority of the property is
the Gardner family. They currently
operate an ornamental plant nursery on much of the property. They are
considering development options. A well-known national developer is working
with the family to develop the highest potential of the Gardner lands.
Cromwell has had discussions with the Town of
Rocky Hill regarding the mutual development of the area. Both towns need infrastructure improvements
to facilitate development and intend to work jointly if possible to the mutual
benefit of both.
The transfer station driveway is in the process
of being made a public road. Long
awaited sanitary sewer improvements to service this area will be designed and
put out for bid this year.
Riverfront Development
The Town of Cromwell offers for development a
unique 32-acre site along the Connecticut River in Cromwell. The Town owns the
property. The project area is centrally
located and provides great opportunity for private development. The town is seeking to develop the site into
an attractive gateway project and capture the advantage and market potential of
the area. A detailed vision plan was
prepared in 1997. It has been used as a
guide for development objectives.
The site presents formidable development
challenges. It is entirely within the
100-year flood plain and over 60% of the site is located in wetlands. Overcoming these challenges will require
substantial local and state regulatory involvement. Significant investment in time and effort will be needed to
overcome the challenges.
The Economic Development Commission conducted
environmental evaluations of the property in 2006 to determine the viability of
commercial development. The studies, as
well as discussions with the State Department of Economic and Community
Development, have indicated that such potential does indeed exist. To further examine this potential and
provide future developers a more complete development prospectus, the EDC
secured a State grant to conduct a Phase II Environmental Analysis.
Historic Downtown Development
The EDC has formed a committee to work with
stakeholders in the historic downtown area. The committee’s central purpose is to form a grassroots organization
that will employ the “Main Street” approach to redevelopment. A four-prong
tactic of organization, design, promotion and economic restructuring has begun
in the tried and true fashion.
Working jointly, the EDC and grassroots
committee will prepare and submit an application for a STEAP grant to develop a
façade improvement program, a painting program and to construct or improve
focal points of the downtown area. The
historic downtown is also the setting for the Town’s annual Riverport Festival.
A street festival with vendors, games, rides, food and entertainment that
celebrates Cromwell’s downtown, riverfront and history as a center for
shipping. The committee will assist in
cleaning up the area by sponsoring a neighborhood clean up. They will also assist in promoting the
event.
The committee is strong and has more than 30
volunteers making up its membership. The EDC has paid for a membership in the Connecticut Main Street
Center’s Downtown Revitalization Institute and this allows volunteers to attend
training and receive technical support from statewide and national resources
focused on downtown redevelopment. The
committee meets the first Tuesday of every month.
The Town received a $250,000 Connecticut Small
Town Economic Assistance grant to enhance the historic downtown area.
Enhancements will include improvements to public areas such as Memorial Green
and Stocking Triangle; the continuation of an ornamental lighting program and
the initiation of a façade improvement program to provide incentives private
property owners to make improvements.
Community Promotion
Despite a lack of inventory the EDC stays busy
with a straight-forward promotional campaign. The message is simple and
directed to both an internal and external audience. Messages include
opportunities that exist in Cromwell for the consumer, traveler and resident.
In addition, economic development projects, new and growing businesses and
incentives to relocate are also featured in the various venues.
In the past three years, Cromwell has exhibited
via an information booth at the Travelers Championship, a national PGA golf
tournament held annually in the town. The EDC is also afforded other sponsorship benefits to aid in
promotion. This information
booth/welcome center is also set up and staffed at the Riverport Festival and
the regional chamber of commerce business exposition.
Other promotional activities included the EDC’s
web site, mycromwell.com, featuring information about local businesses,
available commercial and industrial property and other economic development
related information. The EDC has also
been working with the private sector and civic groups to improve the Town’s
gateways by improving welcome signs.
Development of the Route 372
Commercial Gateway
2006 and early 2007 have seen an explosion of
activity in the Route 372 gateway. The
area stretches along Connecticut Route 372 (Berlin Road) from the intersection
with Route 9 in the east and I-91 in the west. Four major commercial
development projects are currently underway.
The first to be completed will be Hammer Head
Place. The project will remake the site
of a former Asian restaurant and 7-11 retail store and replace these abandoned
structures with viable retail including a Walgreen’s Store, American Eagle
Federal Credit Union and an additional three thousand square feet of retail
Almost across the road from Hammer Head Place is
the Cobblestone Plaza. Another great project by Premier Builders, this project,
when completed, will include a CVS, Staples and Starbucks. The ambitious project will provide an
excellent use of the Town’s commercial property.
Another Premier project is Willow Brook
Plaza. This mixed-use project will
provide additional retail development, a medical office for a local dental
practice and additional development opportunities that may include a top
national restaurant chain.
Finally, Lowes is working to develop a site for
its new 130,000 square foot retail center. The project will bring additional retail opportunities, more than 100
jobs and significant tax revenue to this blossoming community.
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