Michael L. Nealy, Business Manager
Around the Local
Baltimore IBEW Local 24 fights to save offshore wind projects after Trump administration cuts $700 million in funding and issues stop-work orders. The article examines how these policies threaten thousands of union jobs at Maryland's Sparrows Point Steel offshore wind hub, eliminate clean energy supply that would power hundreds of thousands of homes, and contribute to rising electricity costs nationwide.
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Electrical contractors and local union members donated $15,000 to support a community food bank, demonstrating the industry's commitment to community service and helping families in need during the holiday season.
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Connecticut's State Bond Commission approved over $31 million for Hartford economic development projects as part of a $3 billion bonding package. Funding includes $17.5 million through the Capital Region Development Authority for downtown parking garage repairs, Capitol Hotel renovation loans, and $6.5 million for North End affordable housing and daycare projects led by Mutual Housing Association and Citadel Community Development.
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Shelton-based ALKA Inc. seeks to amend an approved Planned Development District at 493 Bridgeport Avenue to build five one-bedroom townhouses. The site, near Walmart and Crown Point Center, was originally approved in 2016 for a gas station and convenience store but failed to generate retail interest. Each townhouse would include a garage with two parking spaces.
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Santander Bank provided $88 million in construction financing for Benedict Court, a 120-unit multifamily property in Greenwich. The consortium led by Lonicera Partners, Nimbus Properties, and Benedict Capital will build the development at 7-23 Benedict Place with 72 market-rate and 48 affordable units, plus 170 underground parking spaces. Completion scheduled for August 2028.
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