About Capital Region Development Authority
On June 15, 2012 the Connecticut General Assembly officially established the Capital Region Development Authority, (CRDA), replacing the quasi-public entity formerly known as the Capital City Economic Development Authority, (CCEDA).
Public Act 12-147 not only re-designates CCEDA as CRDA, but it also allows the new Authority the same powers as CCEDA to plan and implement specified Capital district projects. The Act also expands the original CCEDA district and permits CRDA to plan and implement some of these projects outside of the district. Michael W. Freimuth is the Executive Director of CRDA.
CRDA’s CHARGE
- To stimulate new investment, provide for multicultural destinations and a vibrant multidimensional downtown
- Attract major sports, conventions and exhibitions
- Residential housing development
- Operate, maintain and market the Connecticut Convention Center
- Stimulate family-oriented tourism, art, culture, history, education and entertainment
- Manage designated facilities
- Stimulate economic development in the Capital region
- Development and redevelopment property within Hartford
- Facilitate the relocation of the area State office buildings
CRDA’s MISSION
- To stimulate economic development and new investment in and around Hartford
- Develop and redevelop property to attract and retain businesses
- Rebrand and promote the district as an exciting, multicultural destination for all ages to enjoy
- Expand housing development as a way to enhance the economic and cultural vitality of the area
