A new report shows Main Street, Middletown, property values increased by 145 percent since 1998, and North End values have jumped 217 percent, says the Hartford Courant.

William Warner, Planning Director for the City, said the study proves the city’s decision to invest in new development was a success.  He recommends the City now turn its attention to adding residential units downtown, which would concentrate income in the area, making it more attractive to developers.  According to Mr. Warner, if taken as a group the Main Street properties would be the largest total taxpayer in Middletown, “and it has the ability to grow tremendously.”

Report: Property Values on Middletown’s Main Street Have Increased 145 Percent Since 1998