4 Hartford Business Journal • June 8, 2015 www.HartfordBusiness.com
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developments and projects like Front
Street?
I don't know. I'm not going to grow them.
The city of Hartford isn't going to grow
them. Front Street is a heavily subsidized
project, both by the state of Connecticut
and by ESPN, which had a plan there and
left a lot of money on the table when they
changed their direction. I think that the
whole Front Street area will be further
enhanced by UConn's arrival.
I hope that what we have done will stem
the downward spiral of real estate prices.
But the next impetus for housing has
got to be something that private develop-
ers do because we just cannot continue to
make everything subsidized by the city or
the state.
What's your opinion on the Down-
town North development, including the
new baseball stadium? How would you
improve or leverage the development?
It's disastrous and stupid. I hope it's a huge
success, but I doubt it. I just think, not only
was the idea bad, but how they came up with
the idea was even worse. Government has to be
transparent, and we shouldn't spring $300 mil-
lion surprises on the taxpayers and residents of
Hartford. That's just not the way that govern-
ment should do business.
On my watch, they're not going to get
another dime for it in public dollars. It's going
to have to be private money, and it may be
some while before more construction goes
on down there. We don't have dollars to put
in it, and if something is built, we have an
obligation to provide it with services, and if
it's not paying taxes, that means we're soak-
ing the people who have previously invested
in Hartford with additional mills to pay for
the new expenses.
What must Hartford do to attract more
businesses?
Hartford has to show that it wants to be hos-
pitable to business. I think we also have to be
realistic. It's highly unlikely that we're going to
have a major infusion of manufacturing dollars
in the city of Hartford. We are the second most
significant financial center in New England
after Boston. That's a position that will consis-
tently be under challenge in the coming years.
We've got to consistently try to make the city
work first of all for the people and the business-
es that are here, and that means we've got to get
this tax situation under some kind of control.
What should happen with the XL Center?
We need the XL Center. Personally, I kind
of hope it stays right where it is.
I hope that if they redo it, they do it with the
sensitivity that the civic center is one of the insti-
tutions that brings the entire region together. n
Mayoral Race 2015