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Housing Market Study in Groton, CT

November 22, 2021 Daniel Stevens, AICP

The Challenge | The Town of Groton in southeastern Connecticut, home to a major submarine manufacturing operation, is in a region poised for future economic and population growth. Yet the community has lagged behind the region in housing production. With many housing development projects planned around the region, the Town sought answers about how many housing development opportunities there were and how it could capitalize on them.

The Solution | In 2021, the Camoin Associates team prepared a housing market analysis that found a continuing shift of those working in Groton to live in surrounding communities due largely to the lack of attractive housing options. The study identified a market opportunity for 5,000 new housing units in the Town over the next decade but also uncovered constraints that must be addressed to capture that opportunity.

The Impact | The Town used the report as part of a public communications campaign to emphasize the importance of housing development and generate support for housing development projects. The Town is also using the results internally to address barriers and constraints to housing development.

View the final report

A colorful infographic developed by Camoin Associates presents the following data: Town of Groton, CT, Housing Potential, 2021 With strong regional job growth on the horizon, a tightening housing market, and a significant amount of proposed housing development, the Town of Groton conducted a study to explore how much housing opportunity is there. 5,260 10-year housing unit potential. Of that, 1,060 units are planning with 4,200 units of additional opportunity. Who would live in Groton? New electric boat workers (1,900 potential units), rental upgraders (1,800 potential units), incoming commuters (1,200 potential units), new workers in the region (300 potential units), and people living in obsolete units (260 potential units. Numbers above do not add to 5,260 due to a small natural loss of population. Benefits of New Housing in Groton: New housing provides critical community, economic, and fiscal benefits to the Town, including maintaining a robust population, new residents spending money at local businesses, providing options for retirees and seniors to stay in town, and attracting new businesses to Groton. What Types of Housing? 60% rentals 540 potential rental units for households earning less than ,000 and monthly rents of less than alt=

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