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Developer begins $14 million New Britain project; six-story building will be latest move to revitalize downtown

New Britain mayor Erin Stewart and developer Avner Krohn held a brief ceremony Wednesday to start demolition of the long-vacant Burritt Bank building, an early step in developer Krohn's plan to replace it with a six-story apartment complex retail building.

With mixed-use project in the works, demolition of former New Britain bank complex begins

With mixed-use project in the works, demolition of former New Britain bank complex begins
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$13M+ mixed-use project planned for former New Britain bank complex

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 properties and building an 83,000-square-foot, five-story building that would contain approximately 90 apartment units and 6,000-square-feet of ground-floor retail space. In an interview Tuesday, Krohn said planning is still in the early stages, but estimated that the project would represent an investment north of $13 million.

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