Shoreline Economic Strategic Planning Summit

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545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com A Regional Perspective March 28, 2016 Ginny Kozlowski, Executive Director Shoreline Economic Strategic Planning Summit

Transcript of Shoreline Economic Strategic Planning Summit

Page 1: Shoreline Economic Strategic Planning Summit

545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com

A Regional PerspectiveMarch 28, 2016

Ginny Kozlowski, Executive Director

Shoreline Economic Strategic Planning Summit

Page 2: Shoreline Economic Strategic Planning Summit

545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com

REX Development, formerly known as the Regional Growth Partnership (RGP), was formed in 1996 as the economic development public/private corporation of the South Central Regional Council of Governments, serving the 15 municipalities in the Greater New Haven Region.

The primary mission of RGP was to encourage cohesiveness between the public and private sectors in the development of policies and programs designed to make the South Central Region a vibrant, sustainable and competitive economy. RGP developed the region’s Comprehensive Economic Development Strategy in 2003 and 2008.

Purpose of REX Development/Regional Growth Partnership

Public Sector

Private Sector

RGP/REX Development

Page 3: Shoreline Economic Strategic Planning Summit

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Shoreline DemographicsPopulation 2010 2014 Projected 2020

Branford 28026 28066 27346Guilford 22375 22405 22426Madison 18269 18284 18036

North Branford 14407 14387 1437883077 83142 82186

Households Branford 12739 12410Guilford 8715 8814Madison 6971 6727

North Branford 5441 554933866 33500

Household Income

Branford $70,640.00 $71,058.00Guilford $98,411.00 $99,441.00Madison $108,175.00 $108,231.00

North Branford $80,618.00 $87,408.00Avg $87,115.85 $88,698.50

Median Age Branford 47 48Guilford 46.6 48Madison 46.6 47

North Branford 44.6 46 Region46.2 47.25 40

Page 4: Shoreline Economic Strategic Planning Summit

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Employment Data by Cluster for the South Central Region

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New Haven County59%

New London County13%

Fairfield County12%

Hartford County

12%

Middlesex County2%

Tolland County2%

CT Bioscience Companies by County

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Bioscience Companies in New Haven County - 2015

Non-Profit Healthcare/Life Sciences

1%

Large Pharma1%

Biotech with Ther-apeutic Area Focus

25%

IT based Healthcare Technology

6%Diagnostics and Devices

24%

Life Science Based Consulting Com-

panies and Service Providers

9%

CRO/Technology Based Service Providers

25%

Technology Based Product Companies

7%

Agriculture Based Companies1%

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Shoreline BioTech Businesses

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• Ancera

• Axerion

• Mount Sinai

• AxioMx

• Beta Pharma

• Durata Therapeutics

• GestVision

• Affomix

• Forma Therapeutics

• Isoplexis

• NovaTract Surgical

• PhytoCeutica

• mAbChem Lab

• Bio-Med Devices

Page 8: Shoreline Economic Strategic Planning Summit

545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com

Shoreline Tech Businesses

545 Long Wharf Drive, 4th Floor, New Haven, CT 06511 T 203-821-3682 www.rexdevelopment.com

• Clarity Software

• Progressive Business Solutions

• FreeThink Technologies

• Core Informatics

• AOS

• Defibtech

• Prime Technology

• RAM Technologies

• SLG Technology

• Anchor Science

• Expertool Software

Page 9: Shoreline Economic Strategic Planning Summit

545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com

Transportation

• Rail• 39 million riders on the New

Haven Line annually

• Union Station (New Haven) is the10th busiest Amtrak station in the U.S.

• NEC Future Advocacy

• Bus• 43,000,000 riders

2015 CT DOT Fast Facts Report

Series10

100,000

200,000

300,000

400,000

500,000

600,000

700,000

Shore Line East Ridership

2008483,700

2015660,000

Page 10: Shoreline Economic Strategic Planning Summit

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Higher EducationSTUDENT POPULATIONYale University

Total Enrollment: 12,336Undergraduate: 5,453Number of Employees: 14,552

Southern Connecticut State UniversityTotal Enrollment: 10,224Undergraduate: 7,762Number of Employees: 1,002

Quinnipiac University Total Enrollment: 9,035

Undergraduate: 6,553Number of Employees: 1,194

Gateway Community College Total Enrollment: 8,200

Undergraduate: 8,200

University of New Haven Total Enrollment: 6,811

Undergraduate: 5,048Number of Employees: 1,022

Middlesex Community College Total Enrollment: 3.005

Undergraduate: 3,005Albertus Magnus College Total Enrollment: 1,550

Undergraduate: 1,256Paier College of Art Total Enrollment: 129

Undergraduate: 129

Sources: Yale Fact Sheet 2014-2015, Southern Connecticut Semi-Annual Statistical Report: Spring 2014,University of New Haven Fact Sheet 2014, College Navigator

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• REX, the City of New Haven and Gateway Community College collaborated to develop a new certificate program

• Bioscience Career Ladder at Southern Connecticut State University

• Bioscience Clubhouse, CURE & The Grid

• New Haven Manufacturers Association

• Presentations at local colleges and universities

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Preparing the Workforce

Page 12: Shoreline Economic Strategic Planning Summit

545 Long Wharf Drive, 4th FL, New Haven, CT 06511 T 203 821 3682 www.rexdevelopment.com

We appreciate this opportunity to share with you the purpose, actions and accomplishments of REX

Development. We look forward to the future growth along the shoreline, the region, the state and the nation.

Thank You!

545 Long Wharf Drive, 4th Floor, New Haven, CT 06511 T 203-821-3682 www.rexdevelopment.com