Nov. 27, 2023 - Hartford Business Journal

Economic Development

🔒Bordonaro: Top early priorities for Hartford’s new mayor

The city of Hartford will have new leadership in 2024, as Mayor-elect Arunan Arulampalam prepares to take office. Arulampalam, a Democrat, won the Nov. 7 election by a wide margin, but now faces the much more difficult task of running a city facing significant long-term challenges. It’s a huge test for a 38-year-old political newcomer […]

Economic Development

🔒Despite office sector’s woes, demand for medical space remains robust

Boston-based Sendero Capital and alternative investment firm Angelo Gordon partnered earlier this year on a $300 million...

Economic Development

🔒Oak View Group confident $100M renovation will spur XL Center turnaround; venue will draw ‘well above 30 shows a year’

International sports and entertainment company Oak View Group is preparing to wager at least $20 million that...

Health Care

🔒Despite delay, hospitals affirm commitment to $75M proton therapy cancer treatment center

Connecticut’s two largest healthcare systems say they are committed to opening a $75 million proton therapy center,...

Sports & Outdoors

🔒Pickleball is becoming big business as new facilities sprout across CT

The growing popularity of pickleball is spurring private investment in new large, indoor recreational facilities across Connecticut.The...

Economy & Labor

🔒Company holiday parties poised for bounce-back year after pandemic lull

With the holiday season now underway, some venues are seeing increased booking activity as companies plan in-person,...

Arts & Culture

🔒Theaters hope holiday shows provide much-needed box office sales boost

Holiday shows have traditionally provided a major financial boost to Connecticut theaters, but this year — with...

Energy

🔒As investment in EV charging infrastructure ramps up, electric grid may need more than $1B upgrade

As Republicans cast doubt on the state’s 2035 electric vehicle mandate, Gov. Ned Lamont’s administration says it’s confident there will be enough charging stations to meet demand when the requirement for all new car sales to be electric takes effect.

Manufacturing

🔒As electric vehicle adoption increases, Enfield’s EVSE sees higher demand for EV charging technology

As technology improves, electric vehicle charging is becoming more efficient. Enfield-based company EVSE, which manufactures chargers, has developed...

Energy

🔒Higher demand for electricity means more capacity needed

Not only will more chargers be necessary to support the influx of electric vehicles expected over the...

Education

🔒As colleges try to reduce carbon footprints, clean energy technology costs become potential roadblock

Hundreds of University of Connecticut students have been vocal about how they want the school to improve...

Energy

🔒Amid $150M capital raise, East Hartford fuel cell maker HyAxiom bets on growing hydrogen-based energy economy

Despite the Northeast region being largely left out of the Biden administration’s regional hydrogen hub competition, which...

Legal & Courts

🔒Corporate Transparency Act creates new reporting requirements for small businesses

Beginning Jan. 1, 2024, U.S. businesses, for the first time, will be required to report their beneficial...

Economic Development

🔒Salvatore seeks city permit for 473-unit apartment development on RPI’s former Hartford campus

As developer Randy Salvatore prepares to restart a multiphase development of roughly 1,000 apartments on city-owned lots...

Economic Development

🔒Carla’s Pasta’s sprawling South Windsor food production plant for sale

The parent company of Carla’s Pasta, which was acquired through a bankruptcy auction in 2021, has put...

Health Care

🔒Trinity Health, Cigna in contract negotiations as deadline looms

Patients could see an impact come January if Trinity Health Of New England and health insurance provider...

Economic Development

🔒Developers pitch mixed-use redevelopment of East Hartford’s Silver Lane Plaza

East Hartford’s search for a developer to build on the 22-acre Silver Lane Plaza site has drawn...

Nov. 27, 2023Edition

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