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HARTFORDBUSINESS.COM | AUGUST 10, 2026 3 State transportation officials have launched the first phase of a $1.6 billion project to modernize a 3.1-mile section of the New Haven Line between Stratford and Bridgeport, part of a long-term effort to speed rail service by 2035. The initial $340 million phase will replace aging infrastructure, including tracks, catenary systems and bridges, and is funded by federal, state and Amtrak dollars. Officials said the upgrades will allow trains to travel up to 90 mph on portions of the corridor, though another $1.3 billion is needed to complete the remaining phases. UConn fundraising campaign tops $900M milestone The UConn Foundation's "Because of UConn" fundraising campaign has surpassed $900 million, reaching more than 60% of its $1.5 billion goal after the foundation recorded its strongest fundraising year on record. The foundation raised $171 million in fiscal year 2026, driven by nearly 70,000 donors who have made about 277,000 gifts since the campaign launched. Campaign funding has supported scholarships, faculty and research, athletics, UConn Health and sustainability initiatives. The milestone follows the recent appointment of Richard Eldh as the foundation's new president and CEO. Foxwoods adds new gaming, retail attractions Foxwoods Resort Casino has unveiled new gaming and retail offerings as it continues investing in attractions to compete with expanding casino markets in Massa- chusetts and New York. The Mashantucket resort recently opened an "innovation zone" in part- nership with Las Vegas gaming tech- nology company Interblock, featuring new table games and interactive experiences, including crash-style games aimed at younger players. Foxwoods also opened the Great Cedar Gallery Shops, a new retail corridor featuring brands including LEGO, Barbie, Sur La Table and Hasbro. Biopharma raises $50M after FDA drug approval Danbury-based biopharmaceutical company MannKind Corp. has raised $50 million from institutional inves- tors following the Food and Drug Administration's approval of Furoscix ReadyFlow, a treatment for adults with heart failure or chronic kidney disease experiencing fluid overload. MannKind said most of the proceeds will fund a $45 million milestone payment tied to its 2025 acquisition of scPharmaceuticals, which developed the drug. The company expects the treat- ment, which allows patients to administer medication at home rather than in a hospital, to become commercially available in the U.S. by the end of August. Private equity firm buys 2 CT RV campgrounds for $17M A private equity firm has acquired two Connecticut RV campgrounds for a combined $17 million. Affiliates of Maryland-based Camber Creek purchased the 165.2- acre Nelson's Family Campground in East Hampton for $9.52 million and the 35.6-acre Wolf's Den Family Campground in East Haddam for $7.5 million. Both properties were acquired from an affiliate of Manhat- tan-based Castle Park Investments. The purchases add to Camber Creek's portfolio of cash-flowing real estate investments, including manu- factured housing and RV parks. BIZ BRIE FS The UConn Foundation headquarters in Storrs. Photo | UConn/Sean Flynn A building at Nelson's Family Campground in East Hampton. Photo | CoStar So-called "crash" games are a feature of Foxwoods' new innovation zone. HBJ Photo | Harriet Jones