Connecticut Sports Group (CTSG) extends its sincere thanks to the Connecticut Senate for unanimously passing Tax Increment Financing (TIF) legislation, following equally unanimous and bipartisan support in the House. We are grateful for the leadership of the Bridgeport delegation and of the entire General Assembly for advancing this critical step toward unlocking the full potential of Bridgeport’s waterfront. 

This legislation will help make possible a transformative live-work-play destination that plans over 1,000 housing units, creates 1,300 permanent jobs, and generates $3.4 billion instatewide economic impact—while generating significant new annual revenue for the City of Bridgeport. 

We also thank the legislature for passing a bill that will have the Department of Economic and Community Development and the Department of Revenue Services conduct an evaluation of the economic impact and state revenue generation from our proposed stadium and housing development. Allowing Governor Lamont and other key decision-makers time to review the full range of data and analysis of the economic impact of these projects is critical to Connecticut's future. 

We look forward to continuing our work with city, state, and community partners to bring this bold vision to life. 

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