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NOVEMBER 14, 2016
Volume 24, Number 50
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Join us in Honoring
the winners!
December 1, 2016
| CT Convention Center
Index
■ Week in Review: PG. 6
■ The Lists: PGs. 12, 14
■ Deal Watch: PG. 20
■ Nonprofit Notebook: PG. 24
■ Movers & Shakers: PG. 26
■ Opinion & Commentary: PG. 28
PILOT Payments
A long-standing state program that reimburses
cities and towns for tax-exempt properties could
help solve the Capital City's fiscal crisis. PG. 3
Moving Out
Vito's by the Park, a restaurant that has been a
downtown Hartford staple for years, is leaving its
longtime location near the intersection of Gold and
Trumbull streets. Find out why. PG. 5
FOCUS: REAL ESTATE
Industrial Demand
Amazon's new Windsor fulfillment center has been
sold to an international investment firm for $105.5
million, underscoring demand for industrial
properties in Greater Hartford. PG. 8
Rocky Hill Economic Development Director Ray
Carpentino says the town's below-average jobless
rate in recent years and palpable realty
development have led to strong economic growth.
By Gregory Seay
gseay@HartfordBusiness.com
R
ay Carpentino, the town of Rocky
Hill's economic development direc-
tor, admits to awe upon learning that
his community ranked as central Connecti-
cut's top performing municipal economy
over the last five years, and among the top
five in the state, according to a recent analy-
sis by state labor officials.
"It was a surprise,'' said Carpentino, who
has devoted to Rocky Hill 10 of his 24 years
helping communities wrangle employment
and measured residential and commercial
development within their borders.
Perhaps, too, the ranking was unexpected
for non-Rocky Hill residents more familiar
with the Connecticut River community of
20,000 for its prominent commercial ribbons
— the Silas Deane Highway/Route 99 and the
Cromwell Avenue/Route 3 corridor — and
attractions like Dinosaur State Park and
Arboretum and the river ferry.
Carpentino says Rocky Hill's 4 percent
Telecommuting in CT
growing, despite Aetna's
high-profile departure
By John Stearns
jstearns@HartfordBusiness.com
A
etna's recent decision to
curtail telecommuting to
improve employee collabo-
ration and innovation shouldn't
affect overall growth in the
work-from-home approach in
Connecticut, according to tele-
work proponents.
Although the popularity of tele-
commuting has leveled off nation-
ally in recent years, according to
REGIONAL
LEADER
Rocky Hill shines as an
economic star in Hartford's 'ring'
Continued on page 16
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Continued on page 22
Hartford insurer Aetna surprised many people recently when the company announced it
was curtailing some of its work-from-home policies.
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