For Immediate Release: Tesoro Committed to Responsible Economic Development

Tesoro Committed to Responsible Economic Development

Focused on generating new ideas to drive growth and keep taxes stable

First Selectman Vicki Tesoro and her economic development team have been tireless advocates for creating economic value for our residents while maintaining the town’s unique character. This objective has been a focal point for the First Selectman, whose administration has generated innovative new ideas to drive growth and support Tesoro’s commitment to keep taxes stable.

“Trumbull must remain competitive and affordable to residents and businesses alike, while maintaining the high quality of life we enjoy,” said First Selectman Vicki Tesoro. “My administration is committed to balancing Trumbull’s quality of life with strategic economic development. Economic development that is consistent with the Plan of Conservation and Development will ensure the grand list grows, taxes remain stable, and Trumbull thrives.”

During First Selectman Tesoro’s tenure, Trumbull has seen tremendous economic development successes, especially in underutilized commercial and industrial zones. These include:

  • The former site of Marissa’s, which will become the Long Hill Commons, a cutting-edge retail and restaurant center that will vastly enhance the Long Hill Green commercial and residential hub;

  • A long-vacant site, the 250,000 square foot former United Healthcare building at 48 Monroe Turnpike, received approval earlier this year for a major redevelopment into a mixed-use senior housing complex. The plans include innovative green development initiatives, including a path to the Pequonnock Trail. Critically, a traffic light will be installed at the Chip’s shopping plaza.

  • New businesses like Trumbull Tradesman Center filled a 110,000 square foot vacant site, Henkel Corporation invested $20 million dollars to expand its Trumbull’s presence, Cooper Surgical leased additional space, the CT Make a Wish Foundation relocated to larger headquarters, Dr. Firgeleski developed a 10,000 square foot building on Monroe Turnpike, and more

“These are just some of the accomplishments of my administration. Responsible, strategic economic development is critical to the well being of our town. That’s why we’re working collaboratively with our largest taxpayer, the Westfield Mall and with the Hawley Lane Mall as both look to become Retail-tainment centers. And it’s why our economic development office is assisting local businesses and entrepreneurs and working hard to attract out-of-town businesses to Trumbull.” said Tesoro. 

The Tesoro administration has gone to work to secure available grants funds. Over the last two years, they have secured nearly $2 million dollars in grant funding to support economic development and have applied for $1.7 million dollars more. 

“My administration’s economic development agenda also seeks to promote a wide array of community programs, assets, and initiatives that make our town a desirable place to live, work, play and locate a business. This includes initiatives like Restaurant Week, as well as the installation of sidewalks and creating a master plan for pedestrians and bicyclists,” Tesoro said.

First Selectman Tesoro has been systematically working on plans to revitalize underutilized commercial and industrial zones, preserve open space, and vary our housing stock so that residents of all ages can enjoy Trumbull. Team Tesoro will continue to strategically grow Trumbull’s grand list so as to ensure that taxes remain stable for residents.

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Learn more at www.vickifortrumbull.com.