Yale will pause construction on 10 projects in the planning phase because of federal funding concerns, a university official revealed Tuesday to area business leaders. The good news is that the building boom in New Haven is continuing, leaders said. But investors and lenders are tightening the purse strings in the wake of mixed messages and uncertainty from the federal government, they warned. The result is that there will be some pauses in new construction. As a result, Daum said the university will continue to complete work on projects already under construction, because it’s more costly to stop work in progress than finish it. But the 10 other projects that are in the planning stages will be paused for now. “In two or three years we’ll be back investing huge amounts of money and talent into the area,” Daum said. “We’re going to be an economic driver for the next century.”
https://www.stamfordadvocate.com/business/article/ct-yale-new-haven-business-construction-projects-20358517.php