BRIDGEPORT: Things are building up in Bridgeport as evidenced by $1,168,054 in revenue earned from issuing nearly 300 building permits in the city, almost triple from July 2015.
This sharp increase in building permit revenue comes as major economic and real estate development projects get underway. A city press release says, “even more building activity is expected over the next 12 months.”
The current projects include developments of phase two of the Crescent Crossing housing development on the East Side of Bridgeport, major infrastructure improvements to Bridgeport Hospital, and the Polka Dot Theater renovation and conversion into apartments.
“The revenue generated by building permits is a good sign that things are really moving in Bridgeport,” said Mayor Joe Ganim, adding “these are major development projects that will create state of the art new housing and improve health care at one of the region’s most important trauma centers.”
Other future building projects that will likely seek permits include the construction of the new Barnum Train Station, more apartment conversion renovations in ‘Downtown North’ Bridgeport, and the beginning of construction of a new natural gas power plant by PSEG to replace the coal-fired plant in the city’s South End.