This week, the State Bond Commission announced that it is scheduled to approve $9 million to assist the waterfront development at its next meeting on Monday, May 11, 2015 .

In response, Bridgeport Mayor Bill Finch made the following statement:

“This is great news. After decades of broken promises, we’re seeing tremendous progress on construction at this major waterfront development project. It will serve as a major boon for our city’s economy with Starbucks, Chipotle, and Bass Pro Shops already announced. These businesses and others will create good paying jobs, add millions to our tax rolls, and help our city to continue getting better every day. Thanks to Governor Malloy, Bridgeport’s legislative delegation, and the State Bond Commission for their continued support of Bridgeport’s biggest economic development project since the Industrial Revolution.”