Hartford Business Journal

November 30, 2020

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4 Hartford Business Journal • November 30, 2020 • www.HartfordBusiness.com SUBSCRIPTIONS Annual subscriptions are $96.00. To subscribe, visit HartfordBusiness.com, email hartfordbusiness@cambeywest.com, or call (845) 267-3008. ADVERTISING For advertising information, please call (860) 236-9998.Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. STAY CONNECTED For breaking and daily Greater Hartford business news go to: www.HartfordBusiness.com HBJ on Twitter: @HartfordBiz HBJ on Facebook: www.facebook.com/HartfordBiz HBJ on Linkedln: www.linkedin.com/company/the-Hartford-Business-Journal Daily e-newsletters: HBJ Today, CT Morning Blend: www.hartfordbusiness.com/enewsletters Tel: (860) 236-9998 Fax (860) 570-2493 Copyright 2020. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330 Congers, NY 10920-9894 www.copyright.com HartfordBusiness.com (860) 236-9998 Hartford Business Journal (ISSN 1083-5245) is published bi-weekly, 27x per year — including two special issues in November and December — by New England Business Media, LLC, 15 Lewis Street, Suite 200, Hartford, CT 06103. Periodicals postage paid at Hartford, CT and at additional entry points. Peter Stanton | CEO, pstanton@nebusinessmedia.com Tom Curtin | President, ext. 124, tcurtin@hartfordbusiness.com Mary Rogers | COO/CFO, mrogers@nebusinessmedia.com EDITORIAL Greg Bordonaro | Editor, ext. 139, gbordonaro@hartfordbusiness.com Matt Pilon | News Editor, ext. 143, mpilon@hartfordbusiness.com Beats: Real Estate/Economic Development, Energy, Startups & Entrepreneurs, Banking & Finance, and Government Liese Klein | Web Editor, ext. 127, lklein@hartfordbusiness.com Beats: Health Care and Bioscience Sean Teehan | Staff Writer, ext. 145, steehan@hartfordbusiness.com Beats: Manufacturing, Law, Technology, Higher Education, and Transportation Tim Doyle | Lead Researcher Heide Martin | Research Assistant Steve Laschever | Photographer BUSINESS Tom Curtin | Publisher, ext. 124, tcurtin@hartfordbusiness.com Christina Zuraw | Events Coordinator, ext. 134, czuraw@hartfordbusiness.com David Hartley | Senior Accounts Manager, ext. 130, dhartley@HartfordBusiness.com Zac Macinnes | Senior Accounts Manager, ext. 133, zmacinnes@HartfordBusiness.com Daniel Schilke | Senior Accounts Manager, ext. 135, dschilke@HartfordBusiness.com Valerie Clark | Director of Audience Development, ext. 332 Jill Coran | Human Resources Manager Joe Zwiebel | Founding Publisher Zeman said people are always asking about hosting events at the Pump House, but it's never been a major focus for the city. However, the popularity of the beer garden event proved that section of Bushnell Park can be a draw. And it's not only large events that could benefit. Smaller dinner events can be held inside the Pump House and offer a unique new venue to the city once the COVID-19 pandemic passes, she said. There could also be a summer music series in the courtyard that showcases local art- ists, similar to the popular Monday night jazz series that takes place on Bushnell Park's performance pavilion. Historic building The Pump House, of course, is still a key and functioning part of the city's infrastructure. It was originally built in 1947 by the Army Corps of Engineers in response to catastrophic floods that wreaked havoc on the city in the 1930s. Today it still pumps water into the park river that is buried completely underground. In addition to its functional use, the Pump House also used to host an art gallery. The most prominent event to make use of the Pump House in recent years has been Win- terfest. In a typical year the annual event draws tens of thousands of people downtown by turning the Pump House into a game room and nearby courtyard into a free ice skating rink. While Winterfest has been canceled this year due to the coronavirus pandemic, there is still a need to preserve historic buildings in the city, said Jackie Mandyck, executive direc- tor of iQuilt, which runs Winterfest. IQuilt is working with the Bushnell Park Foundation and city on the Pump House reno- vations, which will need further city funding to complete later phases. "It's a historic building, and in the city of Hartford we need to save these historic build- ings," Mandyck said. "That is very important." >> Town Profile continued This year's Winterfest, which takes place on the courtyard outside Hartford's Pump House, has been canceled due to the pandemic. Hartford General Land area (sq. miles) 17 Median age 31 Population 126,443 Median household income $33,841 Unemployment rate 13.6% Major Employers Hartford Hospital The Hartford Travelers Aetna St. Francis Hospital Housing stock Median price $162,300 Median rent $935 Government Total revenue (2017) $599,914,000 Per capita tax $2,087 Actual mill rate 74.29 Grand List $4.08 billion Economy Top employment industries Units Employment Health care and social assistance 421 24,760 Finance and insurance 231 22,441 Government 164 18,598 Top taxpayers (2019) Eversource $184,982,560 Travelers $151,898,140 Aetna $126,412,350 The Hartford $118,781,334 Source: AdvanceCT IMAGE | CONTRIBUTED

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