Hartford Business Journal

HBJ042125UF

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CONNECTICUT'S BUSINESS NEWS WWW.HARTFORDBUSINESS.COM VOLUME 33 • NUMBER 8 $3.00 APRIL 21, 2025 Overcoming Barriers Despite higher construction costs and interest rates, CT saw spike in multifamily development in 2024; tariffs offer latest risk. Page 22 'Landmark Decision' CT Supreme Court ruling rattles workers' compensation system; CBIA warns of major employer cost increases. Page 8 Deal Watch Fairfield County's 'overbuilt' office market may shed 3.5M sq. ft. of space over next few years. Find out why. Page 5 Industry 4.0 Amid expansion, New Britain-based Force Automation's move to Bristol aims to train CT's future robotics workforce. Page 14 HBJ PHOTO | STEVE LASCHEVER Market Disruption Slow rollout of CT's newest cannabis cultivation facility reflects industry's growing pains. Page 16 'Deeply Troubling' Student visa revocations, growing visa backlog may drastically shrink international student enrollment – and revenue – at CT colleges. Page 12 Jens Frederiksen is president of the University of New Haven, which enrolls more than 3,000 foreign students.

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