News: Connecticut

2011 is expected to be another active and fruitful year for Trumbull

It was a journey of challenges, perseverance and good fortune as Trumbull traversed through 2010. In January, as economists began the year with pessimistic predictions, Trumbull celebrated the official openings of Sun Products' newly remodeled R&D Center on Trefoil Dr., and CooperSurgical's new headquarters on Corporate Dr. The CooperSurgical and Sun Products openings presented a strong beginning. Yet, filling office vacancies was challenging. Nevertheless, officials were optimistic and 2010 was a busy year in Trumbull. In fact, more projects were approved, started and completed in Trumbull than anticipated. Further, we welcomed more than 26 new businesses to commercial areas in town. Planning and zoning applications increased by 52% compared to the total number of applications for 2009. P&Z also adopted some significant business-friendly zone modifications that provide flexibility to businesses and commercial developers. One of the most significant additions to the zoning regulations was the concept of a mixed-use zone, allowing commercial and residential use on a single parcel. Subsequently, the first mixed-use project in Trumbull was approved in the Long Hill Green area. P&Z adopted three additional zoning regulations. First, adaptive reuse regulations were added to allow the consideration of non-residential uses on properties already containing a non-conforming use and on historic properties. Second, educational and recreational businesses are now permitted in commercial and industrial zones. Third, the Professional Office District was expanded to allow offices on three properties on Church Hill Rd. and on Main St. between the Bridgeport border and the Merritt Pkwy. Among the more significant development projects approved during the year were façade renovations to revitalize Trumbull Center and the completed $45 million renovation to Westfield Trumbull Mall. In addition, approvals for construction were obtained for a mixed-use application at Luigi' Long Hill Green and a 77,000 s/f medical building on Quarry Rd. Other approved projects in 2010 included the mobile veterinarian and a medical office on Church Hill Rd.; LA Fitness' approval at Westfield Mall; two expansions at Scan Tools; and the new Norma Pfriem Cancer Treatment on Park Ave. Construction for all of these projects is expected to be completed in 2011. The Departments of Planning and Zoning and Economic Development have merged to form the Department of Economic and Community Development in order to enhance and optimize synergies and service. While staff has been merged, the P&Z and EDC Commissions will remain separate, but will work closely together. Trumbull's Office of Economic and Community Development is optimistic that this will be another active year. Here is a peek at some expected announcements in Trumbull in 2011: * New stores and dining options will be coming to Westfield Trumbull Shopping Center, such as LA Fitness, Ten Asian Bistro, H&M and more. * Three more buildings will be renovated in Trumbull Center, and new restaurants and businesses will be announced later in the year. * Home Depot will open in March and a new 16,000 s/f retail building will be constructed next to it, offering space for restaurants and compatible retail. * Construction will be completed for the medical building on Quarry Rd. and the Norma Pfriem Cancer Center on Park Ave. * New commercial developments will be proposed for approval on Rte. 111 and on Reservoir Ave. * Two new buildings are expected next to Marisa's & Luigi's on Main St. in the Long Hill District. * Trumbull Center Merchants Association will be formed with a plan of events to support the area's businesses. * P&Z will consider modifications to the Plan of Development as well as Zoning Regulations to optimize commercial zones. * New ordinances will be developed to address zoning enforcement and historical preservation. * Streetscape and road improvements at Trumbull Center and the Trumbull Corporate Park will be implemented, many thanks to over $700,000 in state grants. In addition to these activities, Trumbull will focus on opportunities and vacancies in our corporate and industrial buildings and land. For example, the Trumbull Corporate Park, located off Rte. 8, boasts a sophisticated infrastructure used by several high tech and R&D companies. The area will gain more attention, especially as the streetscape project is implemented. Finally a primary goal in 2011 is to obtain development proposals for the two parcels of land on Reservoir Ave. which total 25 acres. We expect 2011 will be another active and fruitful year for Trumbull. Deborah Cox is director, economic development for the Town of Trumbull.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary