Mickey's Mail - October 18, 2017

 "Stridently Pro-Business" - 10/18/17 

On January 17, 1925, Calvin Coolidge, the 30th President of the United States, addressing the Society of American Newspaper Editors said “… the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world. I am strongly of the opinion that the great majority of people will always find these the moving impulses of life.”

At that time, BRBC’s predecessor organization, the Bridgeport Board of Trade, had already celebrated its 50th anniversary, and was presumably fully in sync with “Silent Cal’s” sentiments. More about that in a moment.

This week, I am celebrating my 1st anniversary since the BRBC hired me to replace Paul Timpanelli (after his 28-year reign). I have written how I have served on the BRBC board of directors since the 1980’s. So, when I became the BRBC CEO, I assumed, somewhat foolishly in retrospect, that I could step right into his job, with little orientation, and literally no overlap with Paul. My promise to the board a year ago was that I would work to transform the BRBC, even as I viewed with admiration the job Paul had done for almost three decades.

A year later, I am older and wiser, and we have made some important changes in our quest to serve you, our member-investors, better. We have updated our marketing materials, and now have modern audio-visual equipment in our two conference rooms.We have strengthened our leadership training programs, heightened our political advocacy, and have strived to increase visibility for you and your companies.

But, in the past couple weeks, I have had somewhat of an epiphany. As I look at the economic opportunities that abound here in our region, I realize that I should be committing the BRBC (and each of our affiliate organizations), and myself personally, to embrace fully the fourth of our four pillars here at the BRBC: economic development.  Under Paul’s leadership, we were pretty darned good at that, and, in my opinion, the stars are lining up for our region to benefit enormously from a renewed spurt of economic activity.

Last week, I wrote of my personal endorsement of the Amazon second headquarters coming to Bridgeport/New Haven, and of MGM Bridgeport working in tandem with Bridgeport Landing Development to resuscitate the former Derecktor Shipyards site. These are two huge opportunities that could truly jumpstart economic activity. And what about Bridgeport’s Lake Success and Stratford’s Army Engine Plant, huge sites for explosive economic development?

As I begin year two as your CEO, expect me to embrace more than ever Calvin Coolidge’s statement that the chief business of the American people is business. We intend to be stridently pro-business in all we do!

To that end, the BRBC is launching a new breakfast event at the Bridgeport Holiday Inn on November 16 from 7:30 AM to 10:00 AM.

We are calling it an “Economic Development Briefing” and we are featuring these four developers:

  1. Bridgeport Landing Development LLC
  2. Corvus Capital LLC
  3. Forstone Capital LLC
  4. Spinnaker Real Estate LLC

These developers are literally changing the face of Bridgeport with projects that are well under way in the City’s East Side, the West End, Downtown (McLevy Green) and what the city has dubbed as “Downtown North”.

You will not want to miss hearing from all four of these developers. I can assure you that you will come away from the briefing with a new appreciation for all that is happening right here in Bridgeport. And I’m hoping that you will experience the same epiphany I have had.

SAVE THE DATE: Thursday, November 16, Breakfast at the Holiday Inn, Bridgeport.

And with so many promising projects underway all over our region (just look at our QR Report HERE and at We may follow up next year with more of these briefings.

Don’t miss our first one. It’s only four weeks and a day away!

More info on how to sign up will be forthcoming shortly!