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This profile was last updated on 9/25/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Louis L. Ceruzzi Jr.

Wrong Louis L. Ceruzzi Jr.?

Employment History

Board Memberships and Affiliations

31 Total References
Web References
"I only consider that a area ..., 25 Sept 2015 [cached]
"I only consider that a area has gotten too profitable and rents have only changed adult so most that it's a formidable area to only simply be there to sell your product," Lou Ceruzzi of Ceruzzi Properties, told a newspaper. - North Adams, MA. Developer Announces Another Wal-Mart Superstore Plan, 11 Dec 2009 [cached]
Louis J. Ceruzzi likes making money selling land for Wal-Mart supercenters. or more than three years, the developer from Connecticut has been trying to win approval for a 160,000 s.f. big box store in Greenfield, Massachusetts that he refuses to identify. Opponents of the Greenfield project have said since the beginning that the big box store is Wal-Mart, but Ceruzzi Properties of Fairfield, Connecticut insists that a tenant for the project is still not selected since he began marketing the project in 2007.
This is the second time around for Wal-Mart in Greenfield. In 1993 the giant retailer lost a well-publicized battle in this community of 17,000 people when voters overturned a vote of their city council to change industrial zoning to commercial. The original parcel reverted back to industrial, but was later sold by the Mackin Construction company to a Native American group. The same landowner, Mackin Construction, now has a buy/sell agreement with Ceruzzi for land just across Route 2A corridor from the original disputed site.
Only this time around, Wal-Mart is leaving no fingerprints. The world's largest retailer is trying to hide behind the developer, but the company is finding that there's nowhere to hide. This week, the same development company, owned by Louis Ceruzzi, submitted plans for a 160,000 s.f. Wal-Mart supercenter 25 miles west along Route 2 in the town of North Adams in Berkshire County. In another parallel, the site in North Adams is located in an old gravel pit---just like the Mackin gravel pit in Greenfield. Like the Greenfield site, which abuts the White Ash Swamp, the North Adams parcel abuts nearly 13 acres of wetlands. There already is a 97,000 s.f. Wal-Mart discount store in North Adams, which will be closed down and sold by Wal-Mart realty. The existing store is located on Curran Highway, the same road on which the larger supercenter would be located. North Adams is located 15 miles from an existing Wal-Mart store in Bennington, Vermont, which the company also is trying to expand, and 17 miles from another Wal-Mart discount store in Pittsfield, Massachusetts.
The Bennington, Vt. Banner newspaper describes Ceruzzi as "one of the largest developers of malls and retail stores in the country.
Ceruzzi, chief executive of Ceruzzi Properties, a Connecticut real-estate developer, also is president of Starwood Ceruzzi, a real-estate holding company affiliated with Starwood Capital Group. Founded in 1998, Ceruzzi Properties rapidly became a leading developer of "big-box" retail "power centers" throughout the northeastern United States.
Mayor Barrett has some history with Mr. Ceruzzi.
Ceruzzi has invested nearly $5.4 million for its two Curran Highway projects-the Wal-Mart and the Lowe's sites. Ceruzzi bought an 8 acre gravel bank from the city two years ago, and bought another 50 acres abutting the gravel pit.
You should require Ceruzzi to put up a demolition bond to pay for the razing of the existing Wal-Mart if it sits empty for longer than 12 months.
Retailing's woes continue, but will real estate hold the course?, 1 May 1996 [cached]
Lou Ceruzzi, president of Ceruzzi Properties Inc., asks the question, "How big can the box get, and how many players are left to fill it?"
He suggests that one problem many power center developers face is filling the center with well-performing retailers.Ceruzzi sites the development of Roosevelt Center in Westbury, Long Island as a perfect example of this.The nation's largets retailers were already present in the area and potential anchors from outside the northeast were being acquired by retailers that already had a strong presence there.
The solution to this problem is to tap existing relationships with retailers."If power center developers are careful in crating a dynamic mixture of proven endeavors and new ventures, and if the retailers are careful to offer value and service to their customers," says Ceruzzi, "the future of big box development will continue to be bright."
Town of Killingly, CT - Press Release - Killingly Commons - September 19, 2007, 19 Sept 2007 [cached]
Ceruzzi Holdings LLC is a privately held full service development company founded in 1989 by Louis Ceruzzi and is one of the most active retail developers in Connecticut.
According to Louis Ceruzzi, ..., 23 Feb 2006 [cached]
According to Louis Ceruzzi, president of Ceruzzi Holdings of Fairfield, negotiations are also underway with a leading sewing and crafts retailer for a 15,800 square foot store in the center.
"With the new leases, plans to unify two shopping centers-North Haven Plaza and Washington Center-which began with the signing of an agreement several years ago have come to fruition," said Ceruzzi.
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