NewHavenBIZ

New Haven Biz-July 2021

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n e w h a v e n b i z . c o m | J u l y 2 0 2 1 | n e w h a v e n B I Z 9 [Yale President] Peter Salovey said at the [101 College St.] groundbreaking that together we can make New Haven an international hub for bioscience and for pharmaceutical and health technology companies. e spinouts from Yale science and faculty will really support those efforts as well as draw in additional companies to New Haven. rough Yale's Pathway to Science pro- gram, we are focused on educating the next generation of entrepreneurs and scientists by providing the city's middle and high school students opportunities to explore STEM fields through laboratory visits, classes and more. Other schools in the area such as Gate- way Community College and Albertus Magnus College and Quinnipiac University and Southern Connecticut State Universi- ty also are vital contributors to the talent pipeline sought by companies. What impact has the pandemic had on Yale's commercial tenants, and how has Yale been helping them? ere has been a significant impact on our retail and restaurant tenants. Our goal has really been to see them through this difficult time. We have offered rent abatement, deferrals and reductions. We have also been focused on restructuring our marketing efforts. Initially we were focusing on promoting takeout and outdoor dining and online shopping. We also restructured our events. Instead of creating activities that draw crowds, we've developed things like the Window Art Stroll & Contest and a Father's Day giveaway promotion — lots of things that draw people to New Haven, but not unmasked in a crowd. We have also worked to connect our merchants with federal and other available funds. Different parts of Yale have also been engaged, the Yale Law Clinic, Yale's Tobin Center for Economic Policy and many other areas have helped support New Haven's merchants, such as helping with filing forms and filling out applications to the govern- ment. Have most retailers in Yale properties been able to survive the pandemic? Most of them have, with our support, survived, and at this point they are re- opened. What do you think Yale's role is in New Haven's economic development? As the largest employer in New Haven, we are very focused on supporting economic development initiatives. I personally sit on the board of New Haven Works, the Town Green Special Services District, the Chamber of Commerce, Market New Haven, and other local boards. ey are focused on creating and sustaining economic development. During the pandemic, we participated in weekly Together New Haven calls with the city and community partners. Economic development is one of the most urgent challenges. Strong colleges and universities are essential to growing an economy that adds well-paying jobs. Yale really does set the standard — paying well above prevailing wages and offering comprehensive benefits to its employees. e university also pays about $5 million in property taxes on non-academic properties through its community investment program, which makes us in the top three taxpayers in New Haven. Investment in New Haven is driven by the presence and impact of Yale. Pre- pandemic, we saw residential projects and hotels going up. We intend to work closely to accelerate job creation, both inside and outside of the university. Does Yale have further expansion or development plans in New Haven? We are continuing to invest in academic priorities. A new physical science building, the renovations on Science HIll, renovations to support computer science and engineering. ose are some things in the pipeline. We really focus on reusing existing Yale property for new development. Will everything be back to normal on campus when students start the upcoming school year in the fall? Can you see my fingers crossed? We are cautiously optimistic that we will have a full residential program for under- graduates, if public health conditions per- mit. We expect graduate and professional school students to continue their studies, and faculty members to conduct classes, primarily in person. Staff members who have been working remotely will be phasing into on-campus work, with the goal that most people will be back on campus for the fall semester. So the answer is 'yes,' subject to current health conditions. Has enrollment changed? What is interesting is Yale made the decision not to change our admission numbers for the incoming class of 2025. We had a number of students who, during the pandemic, took gap years or deferrals. We will likely have more students in New Haven than usual, just given the fact that we will have a regular-sized incoming class, and gap students will be there as well. What impact will it have on the city's merchants when students are 100 percent back on campus? It will hopefully be wonderful. n Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … www.borghesibuilding.com © 2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. 2155 East Main Street • Torrington, Connecticut 06790 Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. Contact us at 860-482-7613 or visit us on the web. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, our goal simple: To provide our complete design, planning construction services industrial and retail on years of experience, competitive and offer When the strictest attention is critical to your success, always count on Borghesi From concept to occupancy, is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, The Single Source Construction Firm Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … Wittmann Battenfeld, Torrington, CT Napoli Retail, Southington, CT Nufern, East Granby, CT Windsor Marketing Group (WMG), Suffield, CT The Belknap White Group, Hartford, CT Since 1942, our goal has been simple: To provide our clients with complete design, planning and construction services for commercial, industrial and retail buildings. Based on years of experience, we're price competitive and offer high quality. When the strictest attention to detail is critical to your success, you can always count on Borghesi to deliver. From concept to occupancy, Borghesi is your single source. AKDO, Bridgeport, CT Stevens Manufacturing, Milford, CT Building Ideas That Work … The construction site where a new bioscience tower is being built at 101 College St., New Haven. Yale University plans to lease three floors in the building. PHOTO | MICHELLE TUCCITTO SULLO

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