Hamden Economic & Community Development
Home  |  Site Map  |  Contact  |
   Search:  
Hamden Economic & Community Development
About UsBusiness IncentivesCommunity DevelopmentResources For BusinessNewsHamden at a Glance

Contact Us

Dale Kroop, Director
Economic Development and Neighborhood Revitalization
2750 Dixwell Ave.
Hamden, CT, 06518
Driving Directions

call (203) 287-7030
or Email Us

Site Finder

Analysis Shows Hamden's Real Estate Market Strength

9/17/2010

The second quarter market review by CB Richard Ellis shows that Hamden has among the lowest vacancy rates in the New Haven Region for Office and Industrial space.

Of the communites with similar population figures Hamden ranks the lowest for both categoies in vacancy rates. Its 9.03 vacancy rate for Office Space is significantly lower than Meriden ((30.64%), North Haven (14.89%), Milford (18.33%) and the region overall at 15.46%.

Regarding Industrial vacancy rates, Hamden also places the lowest of its peer communities at 6.12% as compared with Branford (14.06%), Cheshire (14.98%), Milford (20.15%). and West Haven (16.60%). The total regional vacancy rate is 13.74%.

Town officials regard these quarterly results as a reflection of their aggressive Business Incentive Program and strong Business Retention Cluster Initiatives. "We are very pleased to see that the hard work of the Hamden Economic Development Commission in partnership with the Legislative Council has kept Hamden Business base strong despite the recession. Our average square square foot costs for office and industrial space are right at the overall regional levels. This tells me businesses come to Hamden because of our many business incentives our proactive business climate and because of the desirability of our community." stated Dale Kroop, Director of Economic and Community Development.

For further information regarding the Town of Hamden's business incentives and other programs go to www.hamden-ct.com or contact the Director of Economic and Community Develoment, Dale Kroop at 203-287-7030

 


9/15/2010
Hamden Restaurant Week Runs September 20-26, 2010
« previous
12/10/2010
CT Transit Bus Facility Opens in Hamden
next »

 
Web Solutions Connecticut CT Web Design & Development Company
'