Issue link: https://nebusinessmedia.uberflip.com/i/1117840
22 Hartford Business Journal • May 20, 2019 • www.HartfordBusiness.com Government Total revenue (2016) $61,995,041 Per capita tax $2,470 Total expenditures $59,428,830 Total indebtedness $43,663,334 as % of expenditures 74% Annual debt service $6,042,767 Moody's bond rating Aa3 Actual mill rate 31.83 Net Grand List $1,363,370,576 Housing stock Existing units 8,054 % single unit 61% New permits (2017) 11 as % of existing units 0.1% Residential sales 184 Median price $204,000 Median rent $967 Top 5 grand list Company Amount BRE DDR Connecticut Commons LLC $46,947,210 Tilcon Connecticut $22,499,140 CT Light & Power $11,458,990 Valley Water Systems $11,222,350 North Mountain Land LLC $10,996,410 Town Profile Plainville Town Hall address: 1 Central Square, Plainville, CT 06062 (860) 793-0221 News Around Town (3 news items) ■ ■ Manafort Brothers, a fourth- generation demolition company based in Plainville, is celebrating its 100th anniversary this year. ■ ■ Plainville-based Tilcon Connecticut, a supplier of crushed stone and asphalt and concrete mix, has proposed removing 7,500 tons of rock from the North Mountain Quarry and 1.1 million tons of rock from the South Mountain Quarry in 2019. ■ ■ Town residents recently approved a 2.7 percent municipal spending increase, but rejected a $38.3 million education budget. General Land area (sq. miles) 10 Households 7,455 Median household income $61,907 Poverty rate 7.8% Crime rate (per 100,000 residents) 2,860 Population 2000 17,328 Projected 2020 17,694 Median age 41 Largest age demographic 45-64, (29%) Educational attainment (2016) Persons age 25 or older High school graduate 32% Associate degree 10% Bachelor's or more 29% Labor Force (Residence) Employed 9,897 Unemployed 502 Unemployment rate 4.8% Places of work Total employers 652 Total employed 9,930 Economics Business profile Sector Units Employ- ment Construction 92 1,581 Manufacturing 74 1,544 Retail trade 79 1,268 Accomodation and food services 59 884 Health care and social assistance 54 1,590 Total government 17 713 Major Employers • Wheeler Clinic • Manafort Brothers Inc. • Tilcon Connecticut • Plainville Board of Education • Gems Sensors and Controls Source: Connecticut Economic Resource Center Additional Honorees • Best in Class — Commercial: Virtus Investment Partners, Hartford • Best in Class — Education: CCSU Willard & DiLoretto Hall, New Britain • Best in Class — Healthcare: Connecticut Children's Medical Center New Orthopedic Center, Hartford • Best in Class — Industrial: FedEx Ground Distribution Hub, Middletown • Best in Class — Life Sciences: Biohaven Pharmaceuticals, New Haven • Best in Class — Multifamily/ Residential: The Tannery, Glastonbury • Best in Class — Transit Oriented Development: 616 New Park, Hartford • Best Building Repositioning: Post University Howland Hughes Building, Waterbury • Best Interior Design Project: Penwood Real Estate Investment Management, West Hartford • Best Specialty Project: The Boathouse at Canal Dock, New Haven • Best Sustainable Design Project: Slate School, North Haven • Community Impact Award: Springfi eld Innovation Center, Springfi eld, MA • Deal of the Year: Infosys, Hartford • Workplace Innovation Award: Stanley Black & Decker Manufacturing Center of Excellence, Hartford Blue Ribbon for Best Project: Pratt & Whitney Engineering and Technology Center, East Hartford Project team members accepting the award represented Clohessy Harris & Kaiser, LLC, BVH Integrated Services, Szewczak Associates, ACT Associates, CR3, LLP, Bouyea Associates, John Moriarty Associates, Inc., and Michael Connelly People's Choice Award: Connecticut Children's Medical Center Orthopedic Center, Hartford Project team members accepting the award: Tecton Architects, FIP Construction, VanZelm Engineers, STV/DPM 15 outstanding Connecticut and Western Massachusetts real estate projects were honored at The Bushnell Center for the Performing Arts in April by CREW CT, an organization dedicated to supporting and advancing the achievements of women in commercial real estate. The Judges Panel included Courtney Hendricson, Vice President of Municipal Services for the Connecticut Economic Resource Center (CERC), Patrick McMahon, CEO, Connecticut Main Street Center, and Rebecca Nolan, Vice President of Global Business Development for the MetroHartford Alliance. PHOTO © J. FIERECK PHOTOGRAPHY PHOTO © J. FIERECK PHOTOGRAPHY PHOTO © J. FIERECK PHOTOGRAPHY THANK YOU TO OUR 2019 SPONSORS CREW Global Immediate Past President Tara Piurko with Blue Ribbon Co-chair Jennifer Marks, BL Companies, CREW CT President Lisa Lugauskas, Fidelity National, and Blue Ribbon Co-chair Melissa Roy, Tecton Architects Event Sponsors 2019 Sponsors Media Sponsor 24 TH ANNUAL BLUE RIBBON AWARDS SHOWCASE