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    City of New Haven Economic Development

    Economic Development Information Center

    Downtown Retail Vacancy Rates




    2012 - Present
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    Downtown Housing Report 2014




    Please click below for the complete 2014 Downtown New Haven Housing Report.


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    Economic Development Official Statement: 2013




    Please click below for the complete 2013 Economic Development Statement.


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    City of New Haven Buy Local Initiative

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    City of New Haven Buy Local InitiativePhase 1: Executive Summary
    next streetSeptember 2013
    The City of New Haven’s Office of Economic Development has recently completed the first phase of Mayor DeStefano’s “Buy Local Initiative,” which aims to foster local economic and job growth by strengthening New Haven’s small and minority owned businesses. In this initial phase, the City engaged an economic development consultancy, Next Street, to independently evaluate: 1) the amount of money ...
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    Entertainment District Information

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    Martinis at Union League Cafe.

    Entertainment District benefits are as follows:• A five-year, 80% abatement of local property taxes on real and personal property• Or at the discretion of the municipality, a 7 year 100% abatement of local property taxes, Board of Alderman approval required.• A 10-year, 25% or 50% corporation business tax credit
    In order to qualify for the Entertainment District benefits, the proposed project must meet one of the following criteria:• Substantial renovation of an existing facility ...
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    New Haven Promise

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    Program and MissionNew Haven Promise (NHP) is a visionary program for the purposes of promoting college education as an aspiration for all New Haven Public School (NHPS) students; assisting graduating students from NHPS to pursue education after high school; and enhancing the growth, stability, and economic development of the City of New Haven.The mission of New Haven Promise is to improve the school district—by complementing and promoting School Change, the NHPS education reform initiative—and ...
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    Commercial Vacancy Rates Downtown - 11% 2nd Q 2010, Lowest in 30 Years

    Reports are a courtesy of Colliers Dow & Condon
    1Q2009 Report
    2Q2009 Report
    3Q2009 Report
    4Q2009 Report
    1Q2010 ...
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    Cost of Doing Business in New Haven Compared to Other Cities




    Per the New Haven Economic Development Corporation, New Haven has a cost advantage over some competitive cities. See following link for details --> New Haven's Cost Advantage
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    Download Brochure "New Haven: A City On The Move"

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    A WORLD-CLASS CITY WITH NEW ENGLAND CHARMNew Haven is an impressive city. It’s the ideal environment for a growing business or for enjoying the benefits of our diverse and eclectic culture. Our city of 130,000 people is home to one of the greatest academic institutions in the world, Yale University, the renowned Long Wharf and Shubert Theaters and international events such as the Pilot Pen Tennis tournament. Unique shopping, award-winning dining, world-class museums and international cultural ...
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    City of New Haven Tax Assessment Deferral Program

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    When a property is rehabilitated or improved by new construction, the assessed value may increase because of the investments made in the property. In some cases this may deter investment. In order to encourage the fullest development of property and to encourage investment in New Haven’s existing commercial and residential building stock, the City Wide Assessment Deferral Program freezes the property tax assessments on certain eligible properties at pre-construction or pre-rehabilitation values ...
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    Enterprise Zone Tax Assessment Deferral Program in New Haven

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    When a property is rehabilitated or improved by new construction, the assessed value may increase because of the investments made in the property. In some cases this may deter investment. In order to encourage the fullest development of property and to encourage investment in New Haven’s existing commercial and residential building stock in the City’s designated “Enterprise Zone”, the Enterprise Zone Assessment Deferral Program freezes the property tax assessments on certain eligible properties ...
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    The Socioeconomics of New Haven




    Zoom into Economic Development details in New Haven. The downloadable guide below provides a socioeconomic context around current New Haven Projects. We welcome suggestions for additional future content.
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