Facts About Middletown, Connecticut
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Middletown, the
hub of Middlesex County, is located on the Connecticut River, with easy access
to major highways, airports, railroads and other modes of transportation. Our
city's forty-two square miles include rural, suburban and urban settings, an
historic downtown and large city-owned parks and open spaces. When considering
a new location for business, employment or residence, please take a good look
at Middletown and see what we have to offer!
What do you
get when you combine
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a
location in the center of the richest state in the nation;
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direct access to the Interstate Highway System;
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over 2,000 acres of land zoned for commercial and industrial land uses; and
an
aggressive pro-business administration, with numerous tax and business
incentives and a streamlined permitting process?
Middletown, CT
is finding this ideal mix leads to an expanding grand list and hundreds of new
employment opportunities in this small city of 48,000.
William
Warner, Director of Planning, Conservation, and Development, indicates that
Middletown's success is based on sound land use planning. Whether it is
developing industrial parks, buying open space, or building bike paths to
improve the quality of life in the City, Middletown has been on the forefront
since establishing one of the first planning commission's in the Country in
1931.
This planning
has put Middletown in the enviable position of having 31% of its grand list
comprised of commercial and industrial uses. This grand list includes companies
such as Pratt & Whitney Aircraft, Aetna/US Healthcare, Northeast Utilities,
Aerospace Techniques, and MiddleOak.
At the same
time the City understands that its size places the City in a precarious
position.
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Middletown has six times as much residential land as
commercial and industrial land available for development;
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For
every dollar Middletown receives from residential it spends $1.32 in services
representing a net loss (due to school costs) and;
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For every dollar Middletown receives from commercial and industrial uses it
spends $0.54 representing a net gain (due to the need for limited service).
Therefore,
Middletown has a policy of de-emphasizing residential growth by buying open
space in residential zones and aggressively promoting the development of
commercial and industrial land. This policy has resulted in the acquisition of
over 2,500 acres of open space.
With regard to
commercial and industrial development, the recent past has seen a complete turn
around in the historic downtown.
The Central
Business District has experienced a renaissance with the opening of over thirty
new restaurants along with retail stores and entertainment venues. Downtown is
home to over 8,500 employees. The
Downtown Business District was formed to enhance the downtown through street
beautification, public safety, marketing and business recruitment.
The City
constructed a new $10 million police headquarters with First & Last Tavern on
the Main Street floor. Additional downtown development includes: the Inn at
Middletown in the renovated historic National Guard Armory; a twelve screen
cinema; Kidcity Children’s Museum doubling in size; rehabilitation of housing
into the North End Artist Cooperative and creation of the Green Street Arts
Center by Wesleyan University. The award winning Liberty Square and
Landmark Square have newly constructed mixed use buildings with over 50,000
square feet of retail and office space.
Wesleyan University
has completed a $280M campus renewal plan. Middlesex Hospital built a new
35,000 sf Emergency Department and continues to renovate the main hospital
campus. Over 250,000 sf of new medical offices have opened along the Saybrook
Road Medical Corridor.
Development in
the outskirts of the City is no less impressive.
Over a million
new square feet of office and industrial space was constructed in the I-91 Interstate
Trade Zone. New companies relocating to Middletown include: Norpaco, xpedx, Aerospace
Techniques, Pegasus Manufacturing, Shelco Filters; Northeast Quality Services
and Liquid Plastics. Middletown companies expanding include: Habasit ABT; AI
Engineering and Consulting Engineering Services.
Demand for
industrial and commercial sites has prompted the creation of new industrial
subdivisions at Millennium Business Park and Liberty Commerce Park. Centerpoint
Executive Park is developing office condominiums. Roscommon Park has a
fully approved site plan for 300,000 sq. ft. of office space and a 400 room
hotel and conference center.
New commercial and retail construction along Route 66 includes, Price Chopper
Supermarket, Aldi, CVS, Dunkin’ Donuts and Five Guys Burgers & Fries.
Utility companies are expanding in Middletown. Kleen Energy is constructing a
720MW electricity power plant. NRG is expanding capacity by building a 200 MW
peaker electricity power plant.
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