Hartford Business Journal

November 9, 2015 – Hartford Business Journal

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G R E AT E R H A R T F O R D ' S B U S I N E S S N E W S w w w. H a r t f o rd B u s i n e s s . c o m For more B2B news visit NOVEMBER 9, 2015 Volume 23, Number 50 $3.00 Subscribe online Reinvented and reinvigorated. Book of Lists 2 0 1 5 / 2 0 1 6 Reserve Your Space Today! Ad Space Closing: 11/30/15 Release Date: 12/28/15 Index ■ Week in Review: PG. 6 ■ The List: PG. 10 ■ Deal Watch: PG. 12 ■ Nonprofit Notebook: PG. 18 ■ Movers & Shakers: PG. 19 ■ Opinion & Commentary: PG. 20 FOCUS: NONPROFITS Recapturing the Riverfront Michael Zaleski, the new head of Riverfront Recapture, sees ample opportunity to leverage more economic impact from the Connecticut River, including expanding its surrounding trail path south and north of Hartford to create a regional trail system. PG. 8 Antique Peddlers Find out how Connecticut's auction industry is seen as a growth sector despite lax regulatory oversight that creates a Wild West business landscape. PG. 3 Mansfield apts. are CT's latest EB-5 project By Matt Pilon mpilon@HartfordBusiness.com A federal program that allows foreign nationals to earn a U.S. visa by making sizeable American investments could provide more than half of the capital for a $20 million apartment complex under construc- tion in Mansfield, according to the developer. Meadowbrook Gardens, which is preleas- ing for spring 2016, is awaiting final approval in the coming months to accept foreign capi- tal under the U.S. Citizenship and Immigra- tion Service's EB-5 program. Fairfield County realty developer Zhifeng "Jack" Yang hopes to secure a total of 24 Chinese investors to chip in $500,000 a piece, for a total of $12 million, Chinese nationals seeking U.S. visas may finance 60 percent of the Meadowbrook Gardens apartments in Mansfield. Continued on page 16 P H O T O | C O N T R I B U T E D INDEPENDENT W O M E N Mid-life female entrepreneurs finding their second wind in CT By Gregory Seay gseay@HartfordBusiness.com C heryl Newton, 46, viv- idly recalls the time, just before 9/11, when design- ing high-end shoreline Con- necticut houses had her on the partner track at the architectural firm where she worked. Married, she had a young, growing family. But something, Newton says, still wasn't quite right. "I have a meaning- ful career. A devoted husband. Two beauti- ful children. But I didn't understand why I was so unhappy,'' she said. Newton long had plans to start her own design practice, so after taking some time to work part-time and focus on her young sons, she took the liberat- ing step in 2010 — at the height of the Great Recession — to go into business for herself. Today, her eponymous Glastonbury firm, Cheryl New- ton Architect LLC, has designed more than 120 residential, municipal and commercial proj- ects, mostly in Connecticut. "I would never go back to work for someone else after run- ning a business,'' she said. "It's too much fun.'' Newton is among a growing Continued on page 14 UNAMI SILVER S Connecticut's Glastonbury architect Cheryl Newton found that starting her design shop in mid-life filled a personal void. H B J P H O T O | G R E G O R Y S E A Y

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