DEVELOPING INNOVATIVE STRATEGIES
The City of Shelton has been actively conducting environmental remediation activities along the 1 mile stretch of the Housatonic Riverfront since 1996, resulting in the creation of 8 acres of new Public Open Spaces and the development of 400 new residential units on formerly contaminated properties.
The City of Shelton and their public partners have invested over $23,250,000 in the redevelopment activities, which generated over $75,000,000 in private investment, which in turn have generated new annual tax revenue of $1,000,000.
Mayor Mark A. Lauretti and the City's Board of Aldermen have empowered the Shelton Economic Development Corporation to undertake the public redevelopment efforts along Canal Street, and establishing long lasting partnerships with regional, state and federal agencies
The Shelton Economic Development Corporation is administered by a 4 person staff, which Includes;
Paul Grimmer, President
Aleta Miner, Assistant to the President;
Marianne Sheehan, Secretary; and
Amy Cobaugh, Secretary