Business & Tech

YIR: Business Stories

Here is a look at some of the Milford business stories from 2012.

 

Waiting List for Milford's Newest Mixed-Use Complex

The 26,000 square foot development at Factory Lane and New Haven Avenue is promising to be one of the most prominent complexes in Milford.

With a queue already in place for the 31 one-bedroom apartments on the second and third floors and 75% of the 17,000 square feet of office space already leased, the renovated building, appropriately named Harbor Point, is certainly developing a reputation as one of the most vied after spaces in the city.

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Milford Cinema Sells for $5.8 Million

At the Economic Development Commimission meeting, it was announced that the Cherry Street Showcase Cinemas of Milford site has been bought for $5.8 million.

Ceruzzi Properties, a Fairfield-based company with a history of developing in Milford, has purchased the property.

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Milford Company's a Bright Spot for Local Economy

William Maley Jr. works with founder and father William Maley Sr., brother Andrew and daughter Sarah at the company's Wampus Lane location. Maley Jr. says the massive project for Kawasaki has kept more than 70 jobs in Milford at their factory and constitutes roughly a third of the company’s business. 

The Smiths Stake Their Claim to Milford

Brothers Dan and DeForest Smith still own a tract of land deeded to a family ancestor at 171 Broad St. in 1639, the year Milford was founded. By 1886, the city had a population, according to the eldest brother Winthrop, of roughly 2,500. That year, George J. Smith, described by his grandson Winthrop as “one of the best businessman in the area,” founded businesses whose products ranged from plumbing supplies to cement.  

 


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