Surprise! Developer cancels plans to build an outlet shopping center at Rentschler Field | Page 2 | The Boneyard

Surprise! Developer cancels plans to build an outlet shopping center at Rentschler Field

There has been zero points since 2009 that Outlet malls would work in New England - either locationally, competitively or against increased Internet. They just are not building more of these. The retail space in Germany - a thriving economy is 5 times less than the US of A. Yes, a sector to take your money out of.

What? There is an outlet mall one exit from me in Massachusetts that is mobbed at all times. The highway backs up as people get off at that exit. Europeans fly in just to shop there...literally.
 
Have Yale and UConn in the same state but have no industry it's truly an incredible feat.

If we could do one thing, and it would be expensive, it'd be to offer to eliminate student loans for all Yale students who will commit to staying in CT for like five years after graduation. Guarantee things would change quickly. It'd never happen because the legislature would never subsidize private education in that way, but it would work wonders for creating industry in CT.
 
What? There is an outlet mall one exit from me in Massachusetts that is mobbed at all times. The highway backs up as people get off at that exit. Europeans fly in just to shop there...literally.

Wrentham?
 
If we could do one thing, and it would be expensive, it'd be to offer to eliminate student loans for all Yale students who will commit to staying in CT for like five years after graduation. Guarantee things would change quickly. It'd never happen because the legislature would never subsidize private education in that way, but it would work wonders for creating industry in CT.

I'm a couple years older than you and my gf is in med school and the thought of her getting a residency at yale is straight up depressing.
 
I'm a couple years older than you and my gf is in med school and the thought of her getting a residency at yale is straight up depressing.

Really? I like New Haven a lot. It's by far the best city in CT. Do you live there now?
 
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I live in Boston. Getting a job in CT wouldn't be easy at all. New Haven is a nice area now.

Where's your gf in med school? What specialty she looking to get into?
 
If we could do one thing, and it would be expensive, it'd be to offer to eliminate student loans for all Yale students who will commit to staying in CT for like five years after graduation. Guarantee things would change quickly. It'd never happen because the legislature would never subsidize private education in that way, but it would work wonders for creating industry in CT.
Why only Yale? most of these kids are not industry related and if so ready to join family business out of state
Medical folks want to head to the big cities to practice their expertise - unfortunately NYC and Boston are just too close
CT needs a shot of manufacturing in their blood and/or to create a silicon valley atmosphere
In addition - five years will do the state very little
I understand what you are trying to get at
Maybe paying back student loan values to any student who went to a CT based college and created a business that employs X amount of people and have exhibited a certain level of revenue/percentage of growth over a certain period of time. There are plenty of folks who go to UConn, any 4 yr state school, Trinity, etc that can benefit the state.
Again, I understand what you are getting at but not only Yale have smart, eager and capable grads
 
Why only Yale? most of these kids are not industry related and if so ready to join family business out of state
Medical folks want to head to the big cities to practice their expertise - unfortunately NYC and Boston are just too close
CT needs a shot of manufacturing in their blood and/or to create a silicon valley atmosphere
In addition - five years will do the state very little
I understand what you are trying to get at
Maybe paying back student loan values to any student who went to a CT based college and created a business that employs X amount of people and have exhibited a certain level of revenue/percentage of growth over a certain period of time. There are plenty of folks who go to UConn, any 4 yr state school, Trinity, etc that can benefit the state.
Again, I understand what you are getting at but not only Yale have smart, eager and capable grads

I hear you. My worry is that if we say "all UConn grads who stay in CT," thats a ton of people who are already staying in CT, so it doesn't create as much change. I also went to UConn and I respect its value, but there is a huge range of intelligence and talent there. There are some people who go through UConn that are absolutely brilliant, and some who are not smart at all, and who I don't think it would be worth investing in. My opinion (which may be wrong) is that schools like Yale don't have that same wide range in its students abilities. You make a good point in regards to giving to folks who show some sort of quantitative metric for improving the state economy, but it would have to be more broad than something that fits only entrepreneurs. Doctors, lawyers, engineers are just some folks who would be unlikely candidates to start a business, but whose value is very high. That makes me wonder if maybe GPA or test scores could be a determining factor, as the program would only attract people to stay in state if they guarantee the loans paid back, and less folks would be willing to take a gamble that they would start a successful business and then guarantee getting loans paid for (not sure if that wording makes sense). Basically, I'm trying to say that you'd need to find a way to secure the repayment program before people even entered the work force to get large numbers to agree to it, and that in it of itself would mean that we can't use metrics like how many folks you employ, etc. It would be difficult to figure out the particulars, but like others have noted, Boston tech succeeds because of Harvard and MIT, so it's important to keep Yale folks in CT to do the same.
 
I hear you. My worry is that if we say "all UConn grads who stay in CT," thats a ton of people who are already staying in CT, so it doesn't create as much change. I also went to UConn and I respect its value, but there is a huge range of intelligence and talent there. There are some people who go through UConn that are absolutely brilliant, and some who are not smart at all, and who I don't think it would be worth investing in. My opinion (which may be wrong) is that schools like Yale don't have that same wide range in its students abilities. You make a good point in regards to giving to folks who show some sort of quantitative metric for improving the state economy, but it would have to be more broad than something that fits only entrepreneurs. Doctors, lawyers, engineers are just some folks who would be unlikely candidates to start a business, but whose value is very high. That makes me wonder if maybe GPA or test scores could be a determining factor, as the program would only attract people to stay in state if they guarantee the loans paid back, and less folks would be willing to take a gamble that they would start a successful business and then guarantee getting loans paid for (not sure if that wording makes sense). Basically, I'm trying to say that you'd need to find a way to secure the repayment program before people even entered the work force to get large numbers to agree to it, and that in it of itself would mean that we can't use metrics like how many folks you employ, etc. It would be difficult to figure out the particulars, but like others have noted, Boston tech succeeds because of Harvard and MIT, so it's important to keep Yale folks in CT to do the same.

It's really Cambridge as a suburb of Boston really makes it easy for students to stay though, they invested heavily into the areas. Originally people were graduating Harvard/MIT and going to work in the Valley or NYC and now they are staying in Cambridge and companies are falling over themselves to keep moving jobs into the area.
 
.-.
I hear you. My worry is that if we say "all UConn grads who stay in CT," thats a ton of people who are already staying in CT, so it doesn't create as much change. I also went to UConn and I respect its value, but there is a huge range of intelligence and talent there. There are some people who go through UConn that are absolutely brilliant, and some who are not smart at all, and who I don't think it would be worth investing in. My opinion (which may be wrong) is that schools like Yale don't have that same wide range in its students abilities. You make a good point in regards to giving to folks who show some sort of quantitative metric for improving the state economy, but it would have to be more broad than something that fits only entrepreneurs. Doctors, lawyers, engineers are just some folks who would be unlikely candidates to start a business, but whose value is very high. That makes me wonder if maybe GPA or test scores could be a determining factor, as the program would only attract people to stay in state if they guarantee the loans paid back, and less folks would be willing to take a gamble that they would start a successful business and then guarantee getting loans paid for (not sure if that wording makes sense). Basically, I'm trying to say that you'd need to find a way to secure the repayment program before people even entered the work force to get large numbers to agree to it, and that in it of itself would mean that we can't use metrics like how many folks you employ, etc. It would be difficult to figure out the particulars, but like others have noted, Boston tech succeeds because of Harvard and MIT, so it's important to keep Yale folks in CT to do the same.

Here's an idea that doesn't discriminate by class or educational achievement - yet rewards the creators: zero out the CT income tax for companies with less than 2MM in revenues and stream line workers comp, the small biz regs (excessive licensing, permitting) and prune back the state mandated HR minefield (paid family leave, etc, etc) for those with less than 30 instate employees.

Okay - thats enough from me on this...for now.
 
Here's an idea that doesn't discriminate by class or educational achievement - yet rewards the creators: zero out the CT income tax for companies with less than 2MM in revenues and stream line workers comp, the small biz regs (excessive licensing, permitting) and prune back the state mandated HR minefield (paid family leave, etc, etc) for those with less than 30 instate employees.

Okay - thats enough from me on this...for now.

That's a good idea. I'm not the type who supports little to no corporate income tax with large companies like Travelers, but this would be interesting
 
We just bought a second home, 3 acres with two residences on it in Southwestern Virginia (Grayson County), 2 miles north of the North Carolina border in the Blue Ridge Mountains.

West Jefferson, NC (Ashe County) is the nearest town (15 miles). Boone, NC is 45 minutes away, with Bristol, VA a hour and half drive and with Winston-Salem and Greensboro about 2 1/2 hours.
I'd rather kill myself than move there.
 
Don't turn this into a political thread.
 
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You ever been?

I have, and I have no desire to spend much time in that area. Pretty country, but way too remote, and Winston-Salem is the South's Hartford so I wouldn't cite proximity as a positive. City is a ghost town on weekends. Ultimately, though, it's just personal preference -- for me if there's no salt water within a 40 minute drive (in retirement that will become 15 minutes), it's off the list.
 
I live in NYC. Going to that remote area would be the equivalent of death to me.

Cool. It sounds like you're having such a ball that I'm surprised you even have time to tell everyone how terrible everywhere else is.
 
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Hate to see my home state struggling economically like this, but I sure am glad I got the hell out.
Me, too. I moved to Texas on 2/1/86 (yes, I remember the date) and I never regretted it. But I still love CT.

If I won the lottery, I'd probably move back. Or to Nantucket.
 
Me, too. I moved to Texas on 2/1/86 (yes, I remember the date) and I never regretted it. But I still love CT.

If I won the lottery, I'd probably move back. Or to Nantucket.

Where in Texas? The gf is looking at a position in Ft. Worth but we've said we didn't think we could live in Texas (we're both really far left). Whats it like there?
 
Originally from Atlanta - and decided to attend UConn...which was a great choice / it's a beautiful State with access to everything...major metros to the E and W, the ocean, the mountains, etc. I ended up working in Stamford for about three years after UConn...and was ultimately struck by the fact that everything costs more - housing, consumer durables, packaged goods, recreation and on and on. You could say the same about Boston and NYC - but then you get all of those benefits associated with that high cost. There is so much potential in CT - would love to see a renaissance driven by some emerging industry.
 
Where in Texas? The gf is looking at a position in Ft. Worth but we've said we didn't think we could live in Texas (we're both really far left). Whats it like there?

Dallas/Ft Worth metro has almost 7 million people. You'll have no problem finding plenty of left leaning friends and activities to do within those numbers.
 
Loop - appreciate your passion. One anecdote. In 1990 I was named to a Business-led commission to 'attract and retain young professionals'. While I have long grown out of that demographic, from time to time I see similar efforts come and go - Metro Hartford Alliance, Rising Star, etc. etc. Many of us, for a long time have worked hard for that to happen but I came to the realization that it was a losing battle since the underlying conditions did not exist for us to be successful and the state legislature was too busy protecting the 167 fiefdoms in the state t0 care. The State lacks vision, a true strategy and the collaboration to make it happen. I wish it were different

You can see that with what happened with the baseball stadium and the area surrounding it in Hartford. Something that was only supposed to take about 10 to 12 months to build took almost 2 years to finish, and it went over budget by over $10 million. Also they haven't even started working on building the apartments, shops, restaurants, or grocery store that were part of the plans. Hooker Brewing was kicked out and replaced by the Hard Rock, and now they're out of the picture as well.

It's like they all have good intentions with the things they're doing, but they just can't seem to get it right. Either it takes longer than it should, it goes way over budget, or it hurts the people that want/need to have the thing that is being built. I don't know if it will ever be fixed either since the people have changed but the problems are still the same.
 
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