CLASS A OFFICE & RESIDENTIAL GROWTH
82,000 SF leased by Hartford HealthCare at 100 Pearl which will bring 700 employees into the CBD
54% Increase in condo sales in the Metro Hartford Region in 2020
56,000 SF were moved into by Infosys’ InsurTech and HealthTech at Goodwin Center, which will create 1,000 new jobs by 2022
95% Residential occupancy rate in downtown Hartford
$23.00 Per square foot – average rate for Class A office space
24,000 SF were moved into by GalaxE at City Place as company plans on hiring 200 employees
110,000 SF were leased by Connecticut Children’s Medical Center at Hartford Square North
1,575 Residential units currently in the planning or construction phase
23,000 SF were moved into by Stanley Black & Decker to create an innovation center at One Constitution Plaza
5.2% Population growth. Hartford represents the fastest growing residential market in the State of Connecticut
73,000 SF were expanded into by United Bank at Goodwin Center, growing from its previous 46,000 SF
36% Increase in single-family home sales in the Metro Hartford Region in 2020
50,000 SF leased by Sunlife Insurance
1,100 Residential units have been delivered over since 2014
36,000 SF approximately were relocated into by Global Atlantic Financial Company, expanding their headquarters, at One Financial Plaza
795% Increase in residential projects in Hartford’s CBD since 2002
10 Years and longer, CVS has pledged to keep Aetna in Hartford as part of its recent acquisition of the health insurer
JOBS & OPPORTUNITY
#1 State in the US for insurance jobs
#1 State for Fortune 500 companies per capita
#1 Highest salary in safe, affordable metros
1,000 New jobs in Hartford’s CBD by Infosys’ InsurTech and HealthTech by 2022
#3 Ranked labor force for productivity
#4 Metro for female entrepreneurs
700 New employees will be brought into downtonwn due to Hartford HealthCare’s recent move to Hartford’s CBD
Top 5 Most innovative states
Top 10 Best cities for jobs
#10 Best paying large metro for young people
#5 In the US for youngest entrepreneurs
#4 Tech market in US in terms of available skilled labor and advancement in the digital economy, putting Hartford next to cities like Atlanta, Austin, Boston, San Francisco, and Seattle
40,500 Daytime workers in downtown Hartford
845 Patents per Year
#5 Best city to get a job in the US. Rating includes how easy it is to get a job, how affordable it is to live there and how satisfied employees are working there
#7 In tech talent momentum markets, a measure of growth in their ability to attract and grow tech talent
$16M In economic output in region
Top 5 Region for aerospace manufacturing jobs
DESIRABILITY & AFFORDABILITY
#1 Hartford is ranked #1 in best city in the U.S. for artists
Top 10 Happiest State
37% Cost of living in Metro Hartford Region is 37% less than in New York City
#5 Best City to Raise a Family without going Broke
21% Cost of living in Metro Hartford Region is 21% less than in Boston
#1 Connecticut is ranked first in the nation for access to healthcare
100 Miles from NYC and Boston. Hartford is within easy access to these two major cities
DOWNTOWN VIBRANCY
1M Annual visitors to the Bushnell Park
90,500 Daytime workers in downtown Hartford
440,000 Annual visitors to the XL Center
406,000 Annual attendees at the Dunkin Donuts Park
353,000 Annual visitors to the Connecticut Convention Center
27 Dunkin’ Donuts Park finished the 2019 home season with 27 consecutive sell-outs
338,000 Visitors to the Connecticut Science Center in 2019
13,500 Average event attendance at the XFinity Theatre in 2019
#16 XFinity Theatre ranks 16th among the top 100 amphitheater venues worldwide in annual ticket sales
#1 Newly built Dunkin’ Donuts Park was ranked #1 for minor league baseball stadiums
ARTS & CULTURE
Hartford is home to a vibrant community of artists, is famous for its culturally rich history, and is sought after for it's remarkable architecture, art galleries, and museums.
Bushnell Park
Connecticut Science Center
Dunkin' Donuts Park
Front Street
Hartford Festival & Jazz
Hartford Stage
The Bushnell Performing Arts Center
The Convention Center
The Mark Twain's House & Museum
Wadsworth Athenium
Xfinity Theatre
XL Center
EDUCATION
#2 Region with Highest Concentration of students in the US
#3 Most Educated State
3,100 Students in the UConn Downtown Hartford Campus
2,200 Students in the Trinity College Hartford Campus
38% Population with bachelor’s degree or higher – more than 1.5x national average
215,000 Matriculating students in New England’s Knowledge Corridor
41 Colleges and universities in New England’s Knowledge Corridor
#5 State in the US best public-school’s system noting its high graduation rate, high scoring in advanced placement test scores, and strong early childhood education programs
S.T.E.M.
The Greater Hartford area has one of the most attractive public-school systems in the country due to the education initiatives that are geared towards science, technology, engineering, and math (S.T.E.M.).
Top 10 Colleges & Universities
DEMOGRAPHICS
60% Of the opulation is made up of Gen Z & Millennials
#3 In rank for labor force productivity
#4 Metro for female entrepreneurs
Top 10 Cities for millennials
#5 In the US for youngest entrepreneurs
#4 Most populous city in State of Connecticut
#2 region with highest concentration of students in the US
5.2% population growth. Hartford represents the fastest growing market in the State of Connecticut
1.2M population in the Metro Hartford Region
38% Of the population has a bachelor’s degree or higher, which is more than 1.5 times the national average
215,000 matriculating students in New England’s Knowledge Corridor
3,100 Students are in the UConn Downtown Hartford campus
2,200 Students are in the Trinity College Hartford campus
Metro Hartford Region Median Household Income
| City | Population | Median Household Income | Distance from Hartford |
|---|---|---|---|
| Avon | 18,302 | $132,500 | 9 miles |
| Simsbury | 24,979 | $119,588 | 12 miles |
| Glastonbury | 34,491 | $116,625 | 11 miles |
| South Windsor | 26,054 | $107,088 | 11 miles |
| West Hartford | 63,127 | $99,280 | 4 miles |
| Farmington | 25,506 | $94,606 | 8 miles |
| Windsor | 28,760 | $88,986 | 7 miles |
| Whethersfield | 26,082 | $83,391 | 5 miles |
| Rocky Hill | 20,145 | $83,100 | 9 miles |
| Bloomfield | 21,301 | $76,952 | 6 miles |
| Manchester | 57,699 | $70,736 | 9 miles |
TRANSPORTATION
CT 2030
The CT 2030 plan is the Governor’s 10-year, $21 billion, transportation infrastructure plan to prioritize highway and rail projects intended to create less congestion, quicker commutes, and increased economic activity.
I84 & I91
Hartford is located halfway between New York City and Boston - 100 miles to either of these cities. Situated at the interchange of Interstate 91 and Interstate 84, Hartford has easy access to the greater Northeast region.
Bradley International Airport
Ranked #5 best airport in the US, Bradley International Airport (BDL) is a 20-minute drive north of the CBD and is the second busiest New England airport with an average of 350 flights a day.
In July 2019, Bradley Airport (BDL) broke ground to build a new $210 million, 14.4 million square foot, ground transportation center. Scheduled to be completed by 2022, the new ground transportation center will have additional public parking, on-site car rentals and increased access to public transit.
In 2019, seven million passengers passed through Bradley Airport and marked the seventh straight year of increased passenger traffic at the airport. BDL added one new airline in 2019, Frontier, and plans to add more transatlantic and domestic service. The Connecticut Airport Authority hopes to add service to London, Seattle, Nashville, and Austin in the future to compete with Kennedy and LaGuardia Airports in nearby New York City.
Connecticut Transit
Hartford’s CBD is accessible by bus service, provided by Connecticut Transit, which operates over 30 local and 12 express routes throughout Greater Hartford.
CT Fastrack
Providing a convenient commuting option between Downtown Hartford and New Britain, CTfastrak is a rapid transit bus system that operates as frequently as every 7 minutes during rush hour and provides a typical travel time of under 30 minutes.
Hartford Line
Opened in June 2018, the Hartford Line runs from Springfield to New Haven, creating greater accessibility to the corridor’s labor pool. With 17 daily trips, the rail line is projected to provide 1.26 million new annual trips by 2030 and expects 1,800-2,000 daily commuters. The Hartford Union Station, servicing the Amtrak and the Hartford Line commuter rail, borders the Downtown.
