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Home Partner Insights Economic Development

FAIRFIELD: A SOUND CHOICE FOR BUSINESS

Westfair Online by Westfair Online
March 5, 2024
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With its highly skilled workforce and two outstanding private universities, Fairfield is the ideal choice for businesses seeking a deep talent pool.  Just 50 miles from New York City, Fairfield affords easy access to I-95 and the Merritt Parkway, both regional and international airports and an impressive commuter rail system anchored by three Metro-North train stations.  Aside from its talented workforce, coveted location and unparalleled access, Fairfield possesses a nationally ranked school system and an enviable quality of life.  Consistently identified as one of the best places to live, Fairfield has a strong and diverse economy with more than 3,000 businesses.

Within a 25-mile radius of Fairfield’s vibrant and walkable downtown, companies can draw upon a population of more than 500,000.  Over 62 percent of Fairfield residents have college or advanced degrees, and Fairfield boasts more management, finance and IT professionals per capita than even New York City.  And, with a combined enrollment of more than 13,000 students, Fairfield and Sacred Heart universities provide access to the rising talent that knowledge-based companies covet.

Attracting top talent demands amenity rich, vibrant environments that integrate work with modern life.  Fairfield affords employers and employees alike with urban-style amenities in a suburban setting.  Fairfield is one of the few places that the beach, train station and downtown are all within walking distance of one another.  Fairfield’s bustling downtown is home to a nascent arts scene, centered on the Fairfield Theater Company and newly restored Sacred Heart University Community Theater, as well as charming shops and boutique stores.  With over 200 local eating spots, Fairfield is a popular destination for foodies.  Coupled with more than five miles of shoreline and more than 1,000 acres of parks and dedicated open space, it’s easy to see why people choose to stay.  

The town has embarked on an ambitious economic development strategy focused on mixed-use and transit-oriented development.  New regulations permit a broad range of commercial uses as well as higher density residential and lower onsite parking requirements in recognition of the availability of mass transit.  This focus on transit-oriented development has already spurred new investment activity, with 650,000 square feet of mixed-use development, including 350 residential units constructed within the past few years.  Another 400+ units are in construction or approved to be built.

The town’s Economic Development Department offers siting and other assistance, and works proactively with businesses to successfully navigate the permitting and regulatory approval process.  

To learn more about commercial opportunities and how you can become a part of this dynamic and forward-thinking community, please visit our website or contact the Fairfield Department of Economic and Community Development at 203-256-3120 or mbarnhart@fairfieldct.org.

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© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.