The city has an actionable plan to modernize infrastructure, improve walkability, create jobs, add housing and enhance innovation and technology. A major neighborhood revitalization effort is already underway with major investors and developers involved.
Norwalk has a AAA bond rating. There has been significant state and federal investment already made in these census tracts. Since 2010 there have been 14 large scale development projects in the OZ areas. This adds up to over 2 billion dollars of investment. And the investors are returning as we are continuing to see new development projects being discussed or already in planning.
The City of Norwalk wants and needs development. We have developed and approved numerous plans that detail our approach for infrastructure and development. Planning and Zoning, City Council, The Mayor’s Office are all aligned for future growth.
Your investment dollars would not be going into a phase 1 program. Our revitalization efforts are well underway and you will reap the reward of a revitalization program that is a decade in the making.
What makes Norwalk great is its diversity of entertaining attractions. The Maritime Aquarium, Children’s Museum, The Long Island Sound Harbor, Sheffield Island Lighthouse, a new 700,000 sq ft shopping mall as well as numerous other tourist sites.
Norwalk indexes higher than the national average for the age 20-45 age range. The ideal age for a workforce. Over 45% of the workforce has a Bachelor's degree or higher.
Norwalk has numerous entrance and exit ramps for I-95 and Route 7 including those that are within the Opportunity Zones. Metro-North commuter rail has a stop within the zone that's a 60-minute trip from NYC. Norwalk also runs its own transit service and recently launched an innovative uber-like shuttle service within the urban core called Wheels2U.