4 Hartford Business Journal • September 7, 2020 • www.HartfordBusiness.com
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development, which includes working toward
increasing the town's business-to-residential
tax base proportion, and focusing on develop-
ment of "opportunity locations" like commer-
cial areas on Route 44, where stakeholders see
significant economic potential.
Other recently approved construction
projects include a 1,200-square-foot fast-food
restaurant and redevelopment of a vacant gas
station — both on Albany Turnpike — and a
nearly 100,000-square-foot apartment build-
ing on Cherry Brook Road.
Beyond that, Canton is about to start con-
struction on a $400,000 project funded by a
state Department of Transportation grant to
improve road safety and connection to transit.
The town is also planning next spring to
enter phase two of its $1.8 million Collinsville
Streetscape Project, which will provide for a
series of strategic connections between the rec-
reational trail, performance venues, restaurants
and shops to stimulate economic activity, Pade
said. That project is funded by the Main Street
Investment Fund and a state Transit Oriented
Development Responsible Growth Grant.
"For a somewhat rural/suburban commu-
nity on the fringe of Harford County we are
doing a lot," Pade said.
At Mitchell Auto Group, Mark Mitchell is now
going back and forth between town and Subaru
officials on the building's design, he said. He
said his Canton Subaru dealership will likely
move into its new location in about a year.
"It is our intention to do our best to build a
dealership that is environmentally advanced,"
Mitchell said.
>> Town Profile continued
Mitchell Subaru in Canton.
Canton
General
Land area (sq. miles) 25
Median age 47
Population 10,902
Median household income $90,594
Unemployment rate 7%
Major Employers
Town of Canton
Cherry Brook Health Center
Kohl's Department Store
Farmington Valley ARC
Shoprite
Housing stock
Median price $300,700
Median rent $1,099
Government
Total revenue (2017) $41,072,370
Per capita tax $3,207
Actual mill rate 32.59
Grand List $1,121,766,972
Economy
Top employment industries Units Employment
Retail trade 75 1,022
Health care and social
assistance 27 543
Accommodation and
food services 34 464
Top taxpayers (2018)
W/S Peak Canton Properties LLC $37,198,000
Eversource $19,632,370
Kohls $7,444,020
Source: AdvanceCT
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