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The Capital Region Development Authority board on Thursday agreed to loan $3 million toward an $18.7 million conversion of the former Travelers training center at 200 Constitution Plaza into 101 apartments.

Biagio Barone of Stratford-based Barone Properties has teamed up with John Guedes, president of Bridgeport builder Primrose Cos. for the redevelopment of the roughly 125,000-square-foot, five-story, concrete building on the northeastern edge of downtown Hartford.

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