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New Canaan, CT.(regional economy)
- Article from:
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Fairfield County Business Journal
- Article date:
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August 29, 2005
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Copyright informationCOPYRIGHT 2005 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Since its inception in 1731 as Canaan Parish, New Canaan has evolved from a religious community to a town built on shoe manufacturing to an affluent residential haven. Much of this evolution is credited to the arrival of the railroad in 1868. Wealthy New York City residents were quick to realize the charm of the quiet town and established it as a summer getaway spot with elegant vacation homes.
Today, the 22-square-mile town boasts two private schools as well as an array of restaurants and cultural attractions. Housing is more expensive than any other town in the county. The area is primarily residential with schools. Silver Hill Hospital, the mental health and addiction ...
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