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Department of Community/Economic Development

February 2008

BUSINESS NEWS

The Department of Community/Economic Development welcomes you to our monthly update on economic activity in the Town of Stratford.

  • Commercial, industrial, retail and office permits for the month of January totaled $181,000.

  • The bidding process continues on the former Stratford Army Engine Plant. A soft anticipated closing of bids is planned between the 17th and the 19th of February. The Government Services Agency will post a 72-hour of notice that the bids will close at a specific time.

  • BJ’s Wholesale Club, located at the Dock Shopping Center, celebrated their Grand Opening on January 12 in their new 107,000 square feet facility occupying the location of the former Bradlee’s.

  • The Big Y World Class Market will celebrate their Grand Opening on Thursday, February 14 at 10:00 AM at the new Hawley Lane shopping complex. Big Y will serve as the anchor tenant at the complex that will bear the name of “North Town Center” and will be dedicated in the spring of this year.

  • The Greater Fairfield County Consolidated Multiple Listing Service has reported that 30 single-family homes were sold during the month on January. The average selling price of the homes was $328,733 and on the market for a period of 103 days. *

  • Several new businesses have been added to the Stratford to include “Bounce U” which is a unique concept providing high quality entertainment for children in a private party setting. DeLuca Industrial Supplies has relocated to Stratford from Stamford.

The Department of Community/Economic Development compiles the information contained in the Business News.

Bruce Alessie, Special Projects Coordinator

*Source: Greater Fairfield County Consolidated Multiple Listing Service