Page 32 - Wallingford Magazine Issue 54 Late Spring 2025
P. 32

EDC in Action



                                                                                 As mentioned in previous columns,
                                                                                 your     Economic      Development
                                                                                 Commission  has  migrated  from  a
                                                                                 print-oriented  marketing  emphasis
                                                                                 to  a  digital  one.  In  this  column,
                                                                                 we  want  to  introduce  Wallingford
                                                                                 residents  to  one  of  the  more
                                                                                 powerful  tools  we  have  in  our
                                                                                 arsenal  to  heighten our  visibility
                                                                                 nationally. This tool is designed to
                                                                                 help  fill  vacant  properties  in  the
                                                                                 town  by  attracting  businesses,
                                                                                 developers and investors.

                                                                                 Zoom  Prospector  provides  real-
                                                                                 time data on available commercial
                                                                                 properties,  including  office,  retail,
                                                                                 and    industrial    spaces.    Zoom
                                                                                 Prospector,  a  powerful  online
                                                                                 site   selection    and    economic
                                                                                 development platform is powered by
                                                                                 the Financial Times' fDi Intelligence
                                                                                 division.   The    site   empowers
                                                                                 users  to  make  informed  decisions
                                                                                 and     underscores     Wallingford’s
                                                                                 commitment  to  business  growth
                                                                                 and strategic development.


                                                                                 Over  the  past  few  years,  EDC
                                                                                 partnered  with  AdvanceCT,  who
                                                                                 managed  the  platform  for  towns.
                                                                                 The properties were primarily in the
                                                                                 commercial  and  industrial  zones
                                                                                 in town. With our investment in a
                                                                                 three-year  subscription,  EDC  can
                                                                                 now  add  and  update  properties
                                                                                 for  sale  or  lease,  as  well  as  offer
                                                                                 this  service  to  property  owners  in
                                                                                 the  Town  Center.  Commercial  real
                                                                                 estate brokers, developers and the



       32                                                                         WALLINGFORD MAGAZINE - LATE SPRING 2025
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