With new tool, Groton looks to revitalize Thames Street, Five Corners areas

Friday, September 20, 2019

City Mayor Keith Hedrick says the city now has "another tool in our toolbox" to spur economic development on Thames Street and in the Five Corners area.

A Tax Increment Financing District, which is intended to help with economic development and revitalization, will go into effect at the end of the month for that area, City Planner Dennis Goderre said.

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Category: Economic Development