Fairfield and Kleban Forge Plan for GE Campus

Fairfield and Kleban Forge Plan for GE Campus

Fairfield University announced in March that it has entered into an exclusive agreement with Kleban Properties, a leading national real estate investment and development company located in Fairfield. The agreement would allow the University to work with Kleban on the transformation and development of a high-tech hub with a variety of educational components, including an executive education center.

“Kleban Properties is pleased to be working with a leading institution like Fairfield,” said Ken Kleban, president of Kleban Properties. “We have a strong history of working with Fairfield, including the development of the downtown business accelerator, FUEL (Fairfield University Entrepreneurial Lab), and have been involved in the Dolan Business School’s entrepreneurial programs for many years. They are a top-notch institution that will support the creation of jobs and the pursuit of technology and education.”

Fairfield University recently relaunched its off-campus business accelerator and entrepreneurial lab, now called FUEL, which has seen success with start-ups such as student-created SoccerGrlProbs and local small businesses. The creation of FUEL was a three-way partnership, launched in 2012, between the Town of Fairfield, Kleban Properties and the University.

Kleban Properties is currently exploring with GE the potential purchase and development of its 68-acre campus.

“We are delighted to partner with Kleban Properties in exploring the potential of this great property. The strength of Fairfield’s nationally ranked academic programs and ability to provide expertise in both STEM and entrepreneurialrelated fields will complement Kleban Properties’ proposed plans,” said University President Jeffrey P. von Arx, S.J. “We couldn’t be more excited about the potential development of this property for Fairfield University, the town of Fairfield and the surrounding communities.”