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NEW CONSTRUCTION BEGINS ON FORMER DADIO FARM

4/30/2010

NEW CONSTRUCTION BEGINS ON FORMER DADIO FARM

Hamden Expands It’s Business Park

The Town of Hamden celebrated the start of construction of a new road and utilities, located at the former Dadio Farm on Putnam Avenue. The road will connect Putnam Avenue with Hamden Park Drive. The groundbreaking was held on Thursday, April 22nd at 10:00 am. In attendance were Mayor Scott Jackson, Economic and Community Development Director Dale Kroop, Engineers from Milone and McBroom and representatives from Congresswoman Rosa DeLauro’s office.

This will be the 3rd or 4th life for this parcel of land and I am very excited to see that it will add new economic life to the community,” said Mayor Scott Jackson.

The Director of Economic and Community Development, Dale Kroop, who was instrumental in implementing this project, also spoke at the ground breaking, saying, “We are very happy to have this project financed and underway to help our local companies expand.”

The project will result in the expansion of the Hamden Business Park completing the subdivision that was approved by Planning and Zoning in 2008. The new road will result in the redevelopment of 4 new lots. This expansion allows the Town to sustain demand for space and will provide a great opportunity to attract new business along with prospective jobs. The first of the four new lots will be converted by Specialty Wire and Cord Sets (http://www.specialtywire.com/) into a new 20,000 to 30,000 square foot manufacturing facility.

“I am very pleased to see our local communities benefiting from the American Recovery and Reinvestment Act and Economic Development Administration. The Hamden, Milford, New Haven and West Haven areas will all use these funds to better the living situations of their citizens,” said Congresswomen DeLauro. “With relatively little federal investment in infrastructure, the Town of Hamden will be able to access 11 acres of developable land in the Hamden Business Park and leverage a significant private development that will both create short tem construction jobs and a number of permanent jobs in the four businesses that will occupy the space. Investments like these will help to support our local economy, and I look forward to seeing what I am sure will be positive results from these funds.”

 

The total cost of the project is roughly $1.1 million. The Town has secured federal funding for a majority of the cost. The federal funding comes from three different sources, federal Economic Development Administration: $550K, HUD $60K and AARA (stimulus funds) $141K, while the town is responsible for the remaining $350K. The total tax revenue to be realized from the project will be approximately $250K per year. The project should be completed this summer.

 

 


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