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ORDER OF THE NEW HAVEN BOARD OF ALDERS APPROVING A DEVELOPMENT AND LAND DISPOSITION AGREEMENT BY AND AMONG THE CITY OF NEW HAVEN, THE NEW HAVEN PARKING AUTHORITY AND WE 2 CHURCH STREET LLC FOR THE DEVELOPMENT AND DISPOSITION OF 2 CHURCH STREET TOGETHER WITH ALL SUCH ANCILLARY DOCUMENTATION AS MAY BE REQUIRED TO IMPLEMENT THE INNOVATION CLUSTER
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WHEREAS, the City of New Haven (the "City") has recently adopted a Comprehensive Plan of Conservation and Development entitled "Vision 2034", which states that the City should support the growth of an innovation cluster for quantum technologies and bioscience (the "Innovation Cluster") in proximity to the City's Downtown area ("Downtown"); and
WHEREAS, the City has embarked on a phased project known as Downtown Crossing ("Downtown Crossing") to transform the State Route 34 Connector located in the City ("Route 34") between Union Avenue and the former Exit 3 of Route 34 from a limited access highway into an urban street grid with development parcels"); and
WHEREAS, Vision 2034 notes that the Downtown Crossing area now provides "a true connection between the Hill neighborhood, the Medical District, Union Station, and Downtown, as well as unlocking new sites for development;" and writes, "[t]hese areas should be targeted for the development of new innovation districts and complexes for industries such as quantum computing and bioscience"; and
WHEREAS, the Connecticut Department of Economic and Community Development ("DECD") is making available funding to support the growth of innovation clusters to advance key economic sectors, including) biotechnology, financial services and technology, advanced manufacturing, renewable energy, insurance services and technology, software development, artificial intelligence, quantum technology and advanced computing; and
WHEREAS, the New Haven region has a competitive advantage in the fields of bioscience and quantum technologies due, in part, to scientific research and d...
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