Efforts to redevelop a portion of the former Fuller Brush manufacturing campus in Hartford into 153 market-rate apartments have gained momentum, with the Capital Region Development Authority’s recent approval of an $8.5 million low-interest loan.
The $36.2 million project is being developed by Shelbourne, a major investor in Hartford real estate.
Amid a trend of companies downsizing office space, Hartford’s largest landlord is announcing significant perks for new and renewing tenants.
Shelbourne Global announced this week offers of up to two months free rent in one of seven downtown apartment buildings – among other perks – for each 5,000 square feet leased in one of four Class A downtown office buildings. The office lease commitments must run for at least three years.
Fees at four lots and garages in the heart of downtown Hartford will be discounted this summer during evenings and on weekends to help attract more visitors to the city.
LAZ Parking and Shelbourne have jointly announced they will be offering a flat, $5 fee at four downtown Hartford parking garages this summer in a bid to woo people to the city.
The discounted fees will run from Memorial Day to Labor Day, on weekdays from 4 p.m. on and all weekend long. The discount doesn’t include event days at the XL Center and Dunkin’ Donuts Stadium.
The participating parking lots are the 1000 Main St. parking lot; Temple Street garage; Allyn Street parking lot; and 100 Pearl St. garage.
An effort to redevelop a portion of the former Fuller Brush manufacturing campus in Hartford into 153 market-rate apartments gained momentum Thursday, as the Capital Region Development Authority board signed off on an $8.5 million low-interest loan.
The $36.2 million project is being developed by Shelbourne, a major investor in Hartford real estate.