A pair of state-owned historic buildings in downtown Hartford are for sale, in search of owners interested in redeveloping the properties into mixed-use residential.
Hartford approves tax breaks for historic downtown building that will be converted to apartments and a restaurant courant.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courant.com Daily Mail and Mail on Sunday newspapers.
Hartford Mayor Luke Bronin said Monday that he will seek to spend about 40% of the estimated $117 million the Capital City could receive from the recently passed American Rescue Plan to fund economic and community development efforts.
In a statement released alongside his proposed $584 million city budget for fiscal year 2021-2022, Bronin put forward a three-year allocation plan governing how the federal aid would be divided up and put to use.
The largest single share, amounting to $47.3 million, would go toward stimulating economic development and growth in Hartford, including funding “key neighborhood investments” and supporting public-private partnerships, such as those overseen by the Capital Region Development Authority.
Bradley International Airport wants to expand its leisure travel offerings as an increasing number of newly COVID-19-vaccinated people itch to take vacations they’ve postponed for more than a year.
That’s a shift for the Windsor Locks-based airfield, which has long depended on business travelers for the majority of its business.
In fact, about 65% of Bradley’s customers have traditionally been business travelers. But that was before the pandemic.
As the tourism industry looks to rebound from COVID-19 this spring and summer, business travel, both in Connecticut and around the globe, is expected to make a much slower comeback as companies think twice about hosting large or even small gatherings, or sending their employees to meetings and conventions.
Dakota Partners has been one of the most active apartment developers in Greater Hartford over the past five years, and despite some challenges presented by the COVID-19 pandemic, the Waltham, Mass.-based firm remains as focused as ever on the region.
That’s according to Dakota Partners co-founder and President Roberto Arista, who in a recent interview detailed his firm’s pandemic experiences of the past year and its future plans for Greater Hartford.
“We are definitely looking to do more projects in and around the Hartford area,” Arista said.
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Dakota already has a number of them on its plate.