Hartford Business Journal Special Editions

Community Excellence & Nonprofit Awards — November 19, 2018

Issue link: https://nebusinessmedia.uberflip.com/i/1052372

Contents of this Issue

Navigation

Page 6 of 27

www.HartfordBusiness.com • November 19, 2018 • Hartford Business Journal 7 Government Total revenue (2016) $280,946,000 Per capita tax $3,642 Total expenditures $260,841,000 Total indebtedness $148,675,000 as % of expenditures 57% Annual debt service $32,133,000 Moody's bond rating Aaa Actual mill rate 41 Net Grand List $5,946,170,476 Housing stock Existing units 25,987 % single unit 66% New permits (2017) 72 as % of existing units 0.3% Residential sales 765 Median price $318,800 Median rent $1,236 Top 5 grand list Company Amount CL&P $79,794,290 Connecticut Natural Gas $52,150,000 Wiremold Co. $42,378,420 Outlet Broadcasting Inc. $41,735,610 Delamar West Hartford LLC $28,068,950 Town Profile West Hartford Town Hall address: 50 South Main St., West Hartford, CT 06107 (860) 561-7500 News Around Town ■ ■ In October, an ambitious plan to convert the Sisters of St. Joseph convent on Park Road into apartments was resurrected. The project would create 294 apartments on the West Hartford/Hartford town line. ■ ■ In September, the University of St. Joseph hired UConn great Jim Calhoun to coach its Division III basketball team as part of the school's push to attract more male undergrad students. ■ ■ West Hartford is a safe place to live with a violent crime rate almost one- quarter the state average. Property crime rates, though, are about 31 percent higher. General Land area (sq. miles) 22 Households 24,640 Median household income $91,875 Poverty rate 7.7% Crime rate (per 100,000 residents) 2,438 Population 2000 63,589 Projected 2020 65,278 Median age 41 Largest age demographic 45-64 (28%) Educational attainment (2016) Persons age 25 or older % of population High school graduate 15% Associate degree 6% Bachelor's or more 62% Labor Force (Residence) Employed 32,789 Unemployed 1,263 Unemployment rate 3.7% Places of work Total employers 2,183 Total employed 28,758 Economics Business profile Sector Units Employ- ment Construction 82 546 Manufacturing 48 2,485 Retail trade 253 4,009 Health care/social assistance 236 5,416 Accommodation and food services 162 3,164 Total government 22 2,888 Major Employers • Town of West Hartford • University of Hartford • Hospital at Hebrew Health Care • Triumph Engine Control Systems • Legrand Wiremold Source: Connecticut Economic Resource Center PDS has been meeting the needs of the construction industry since 1965. Our dedicated team of design and construction professionals welcomes the challenge of serving its past and future customers on their most demanding projects. 107 Old Windsor Road, Bloomfi eld, CT 06002 (860) 242-8586 | Fax (860) 242-8587 www.pdsec.com DESIGN BUILDERS • GENERAL CONTRACTORS • CONSTRUCTION MANAGERS SPOTLIGHT ON: C TriPoint Performance Based Insurance Avon, CT PDS served in the role as General Contractor for a two story 4,000 square foot interior renovation of new offi ce space. The renovation was a full gut of the existing facility consisting of new carpeting, wood fl ooring, ceilings, walls, millwork, doors, painting, toilet accessories, sprinkler, plumbing, electrical, and mechanical. This project was completed within a fast track two month span and fi nished within budget. Project Size: 4,000 SF PDS ENGINEERING & CONSTRUCTION, INC. THINK • PLAN • BUILD Providing Big Benefits for Small Businesses For more information on how Delta Dental of New Jersey can serve your dental benefit needs, please call 1-800-624-2633 or visit aSmileSays.com.

Articles in this issue

Links on this page

Archives of this issue

view archives of Hartford Business Journal Special Editions - Community Excellence & Nonprofit Awards — November 19, 2018