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Economic Development

Berkshire Bank buys Commerce Bank, relocates HQ to Boston

Patricia Daddona |

The parent of Berkshire Bank, which has significant branch coverage in Greater Hartford, is buying Worcester, Mass.-based Commerce Bancshares Corp. for $209 million, and relocating its headquarters...

CRDA's roots go back decades

New Britain attorney-lobbyist Brendan M. Fox knows well the role that the Capital Region Development Authority is playing to help revitalize Hartford.

CT's 'bridge bank' finds its stride redeveloping downtown Hartford

Gregory Seay |

For years, the 26-story former Bank of America building at 777 Main St. stood as an empty symbol of downtown Hartford's malaise as a hub for employment and urban living.

'Innovation Places' contest draws millions in private investment

Matt Pilon |

Two teams made up of well-known Greater Hartford companies, colleges, nonprofits and other institutions last week aired plans to invest millions of dollars in new economic development initiatives...

Malloy: Only realistic casino expansion option is the tribes'


Gov. Dannel P. Malloy moved forcefully Friday for the first time to focus the legislature's debate on casino expansion, saying the only measure he would consider signing is a bill granting the owners...

Kaman touts relaunch of K-MAX helicopters

Patricia Daddona |

Bloomfield-based Kaman Aerosystems' relaunched K-MAX helicopter made its first successful flight on May 12, a debut to be followed up with the delivery of two helicopters to China.

CT's vineyard vines to open Westfarms mall storefront

Patricia Daddona |

Stamford-based vineyard vines will open at the Westfarms Mall in Farmington this fall.

Senate passes bill measuring CT bioscience investment impact

Patricia Daddona |

The state Senate has passed a bill that would allow policymakers to assess whether its investments in the bioscience and precision medicine sectors are resulting in economic development.

Economic incentives oversight bill gets House approval

Patricia Daddona |

A bill aimed at improving Connecticut's analysis of economic incentives to businesses, similar to one Gov. Dannel P. Malloy vetoed last year, has been unanimously approved by the House of...

$19.8M approved to remake Hartford building trio

Gregory Seay |

Three proposed Hartford commercial-renovation projects -- two of them downtown -- received state Bond Commission approval Friday for $19.8 million in state loan assistance.

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