Page 4 - Jasko Development News Today

The transit-oriented initiative is aimed at allowing denser projects than normally permitted elsewhere in town to take advantage of two busway stations on the corridor.

The Amato’s toy store, a downtown institution in New Britain for more than 60 years, is shutting down and developer Avner Krohn plans to replace it with a new six-story, upscale apartment building.

Some prominent Greater Hartford developers are looking to transform two West Hartford offices into a single, mixed-use residential and commercial building. Avner Krohn, Brian Zelman and Richard and Zach Korris — who together own the two existing buildings as Farmington Avenue Acquisitions LLC — submitted plans to town officials on Friday outlining a 48-unit structure that would be put up at what is now 920 and 924 Farmington Ave., near the Blue Back Square shopping center.

Two forlorn office buildings on Farmington Avenue near Blue Back Square in West Hartford would be demolished and replaced by 48 upscale apartments.

The East Hartford Town Council will hold an executive session Tuesday night to discuss the possible acquisition of the mostly empty and dilapidated Silver Lane Plaza. Mayor Mike Walsh, who will be present during the executive session, said “nothing is imminent,” and the meeting is only to discuss the matter. No purchase price has been discussed at this point. The strip mall, located at 794-850 Silver Lane, is near the site of the former Showcase Cinema, which has since been razed and where N...

Developer Avner Krohn’s relationship with New Britain began about 15 years ago when he first saw the Andrews Building at 136 Main St. “The building had been gutted probably less than 20 years prior but it just wasn’t run well,” Krohn said. Today, the Andrews Building is a mix of retail on the lower floors and luxury apartments above after Krohn’s company, Jasko Development, renovated it. Other downtown New Britain buildings Jasko resurrected include the Rao and Raphael buildings, each ...

Across from Dunkin’ Donuts Park in Hartford’s Downtown North neighborhood, developer Randy Salvatore began building 270 new apartments last fall and he’s already making plans for the next batch of a few hundred more. Salvatore, CEO of Stamford-based RMS Cos., brushes aside any suggestion that the COVID-19 pandemic — which fueled significant demand for single-family homes — has made multifamily property investment more tenuous. “I remain as bullish as ever about the long-term prospec...

Startups and entrepreneurs wanted: An established program in New Britain is offering loans and lease rebates for fledgling businesses in the city’s downtown. More than $1 million is available as part of the city’s tax increment financing (TIF) program, with few applicants for the money so far, said Mayor Erin Stewart. “New Britain has been working for years to try to get our downtown back to what it once was — a hub of mom-and-pop shops that really is a destination,” Stewart said. “...

Image Brian Zelman Krohn, of New Britain’s Jasko Development, and Zelman, of West Hartford’s Zelman Real Estate, said in a recent interview that they’ve named the project The Residences at Wash Brook, after one of several nearby brooks at the 20-acre site located midway between Routes 178 and 218. While the two partners have worked together in the past, including on a recently completed Jolley Drive medical building, Wash Brook is their first multifamily collaboration. Fresh project rende...

New Britain developer Avner Krohn plans to raze and rebuild two prominently located but vacant buildings along the city’s Main Street corridor. Krohn, principal of Jasko Development, last week secured a tax assessment modification agreement from the New Britain Common Council for the two connected buildings at 267 and 277 Main St. -- one of which housed the former Burritt Interfinancial Bancorporation that was shut down by bank regulators in the early 1990s. Krohn envisions razing both proper...