Page 2 - Jasko Development News Today

Fifty years after New Britain's Strand Theatre closed, developer Avner Krohn is buying the city-owned property as the site for a new 100-unit apartment complex. The $20 million project will be themed in memory of the theater, and will be Krohn's third major multi-story apartment complex with ground-floor retail downtown.

The New Britain Common Council is set to vote tonight to authorize the $125,000 sale of a city-owned lot at 157  Main St., to a subsidiary of Jasko Development for plans to construct a 100-unit apartment building and two-floor restaurant to be known as “The Strand.” The overall $20 million project will be paid via private financing by Jasko Development, which is owned by developer Avner Krohn. Krohn’s Jasko Development and subsidiaries have developed numerous properties in the Hardware Ci...

One major project within the Silver Lane corridor moved in the right direction at Wednesday’s Planning and Zoning Commission meeting, while another proposal has been tabled to provide additional details. The commission approved ND Acquisition LLC’s plan to construct two 100,000-square-foot high-tech manufacturing buildings and two large warehouses, combining for more than 2 million square feet on 300 acres just south of Rentschler Field.

A long vacant former Blockbuster Video location at 926 West Boylston Street in Worcester has been sold for the second time in a year for $2.9 million.

Complete streets is a concept that economic development experts have talked about for decades, and it’s an approach to planning, designing and operating neighborhoods — particularly downtowns — that enables safer access for people, including pedestrians, bicyclists, motorists and public transit users. Increasingly, Connecticut cities and towns are embracing the concept to make their communities more attractive for residents, businesses and even visitors to live, work and play.

To a community long hungry for investment, the attention of a developer who sees your potential can be a blessing. Fifteen years ago, that community was New Britain and the developer was Avner Krohn. Krohn’s company, Jasko Development, took a long-neglected building on Main Street and renovated it into a mix of first-floor retail and luxury apartments above. Jasko also renovated the Rao and Raphael buildings into mixed use.

Despite the rocky path for office buildings since the pandemic began, developer Avner Krohn - known for huge apartment complexes in Connecticut - bought one in New Britain. The historic former post office downtown, the only office building in Krohn's portfolio, is very different that high-rise office towers or sprawling complexes, he says.

Development along East Hartford's Silver Lane moved forward last week, with town officials making a key approval and setting the date for another. In a 6-1 vote, the Planning and Zoning Commission approved zoning changes on Wednesday for the 26-acre lot of the old Showcase Cinemas, proposed for construction of a 477-unit apartment complex. New Britain-based Jasko Development plans to construct “amenity-rich” apartments at the site, with features including a dog park, swimming pool, and ...

New Britain-based developer Avner Krohn has acquired the old Post Office building at 114 West Main St. with plans to renovate the office building and find new tenants.  Krohn, owner of Jasko Development, paid $775,000 for the 36,530-square-foot office building, he said. The seller was the Knaus family and Old Post Office Plaza LLC. The deal was finalized June 2, according to city records. In addition to purchasing the old post office building, the sale also included the purchase of 50 Court St....

East Hartford planners on Wednesday gave a key approval for redevelopment of a 26-acre property that could transform the Silver Lane corridor and bring nearly 440 upscale apartments to town.