March 10, 2026

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DERBY DELEGATION WELCOMES STATE FUNDING FOR FOUNTAIN LAKE PLANNING

DERBY – Derby’s Democratic legislative delegation today welcomed a $250,000 Community Investment Fund state grant that will help plan for the development of the 30-acre Fountain Lake Industrial Park, which, when fully developed, could see as many as a dozen industrial lots and an expansion of Derby’s municipal tax base.

The grant – approved today – will be used to conduct site surveys, environmental assessments, draw conceptual plans for roads and utilities, and conduct a marketing and economic impact study. Derby’s legislative delegation wrote a letter on December 2, 2025 supporting the town’s application.

“It’s huge,” Mayor Joseph DiMartino said of the state grant, which Derby applied for in December. “Right now it’s just an empty, virgin lot. This grant will allow us to begin opening up manufacturing in Derby. We can work in partnership with Ansonia, and this could eventually be a job funnel for Derby High School students to get internships and move into full-time jobs.”

“Derby has been looking to develop this site and expand its tax base for some time, but there’s always a hump to get over, and that’s finding the money to do some preliminary site work and studies. Fortunately, the state came through today with this CIF grant,” said Senator Jorge Cabrera (D-Hamden). “I’m really looking forward to watching Fountain Lake grow and develop, and I expect the state will be a partner in that future development as well.”

“This funding represents a meaningful step forward toward the continued revitalization of Derby,” said Representative Mary Welander (D – Derby, Hamden, Orange, Woodbridge). “Developing a comprehensive plan for Fountain Lake Industrial Park will help position the site for future investment, job creation, and economic growth. I am grateful to everyone at the state and local level who worked together to make this investment a reality.”

“This funding is a pivotal investment in Derby’s economic growth,” said Representative Kara Rochelle (D-Derby, Ansonia). “By investing in the planning and infrastructure needed to support the industrial development of this site, we are opening opportunities for economic development and job growth in Derby. Development of this site will also bring grand list growth, which can help stabilize or lower taxes. I am grateful for the strong teamwork between the state and local level to deliver this funding and invest in Derby’s future.”

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