Economic development of Milford, Connecticut
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Economic development in Milford, Connecticut, has increased the size of the city and added both opportunities and some congestion, which has created controversy.[citation needed]
During post-World War II period, Milford underwent significant suburbanization. Interstate 95 was routed through the city and the Milford section was completed by 1960.
In a July 2006 article in The Hartford Courant, Milford's community development director, Robert B. Gregory, said "The biggest change to Milford was I-95 with seven exits and entrances."[1]
In the 1960s and '70s, Milford developed further with the construction of the Westfield Connecticut Post Mall, one of the state's largest shopping malls, and the extensive commercial development of the town's stretch of the Boston Post Road.
During this time the city also became host to several headquarters of multinational corporations such as the Subway fast-food corporation and the U.S. headquarters of the Bic Corporation, which has in recent years moved most of its operation outside of the city. In December 2005, the Mountain Development Corporation bought many of Bic's former manufacturing facilities.