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Corporation spurs New London redevelopment

Published Wednesday, May 01, 2002

In early 1999, New London, Conn.'s economy received a major boost when pharmaceutical company Pfizer decided to build a $270 million, 790,000-square-foot headquarters for its Global Research and Development operations south of historic Fort Trumbull. That decision served as a catalyst for the city's $73 million revitalization of the 90-acre area around Fort Trumbull, a site marked by brownfields along the Thames River. While the city had planned some redevelopment of the Fort Trumbull area before the Pfizer relocation, plans were expanded to accommodate the large company. “With over 2,000 employees slated to work in the new complex, ...

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