Connecticut's State Bond Commission approved over $31 million for Hartford economic development projects as part of a $3 billion bonding package. Funding includes $17.5 million through the Capital Region Development Authority for downtown parking garage repairs, Capitol Hotel renovation loans, and $6.5 million for North End affordable housing and daycare projects led by Mutual Housing Association and Citadel Community Development.
Shelton-based ALKA Inc. seeks to amend an approved Planned Development District at 493 Bridgeport Avenue to build five one-bedroom townhouses. The site, near Walmart and Crown Point Center, was originally approved in 2016 for a gas station and convenience store but failed to generate retail interest. Each townhouse would include a garage with two parking spaces.
Santander Bank provided $88 million in construction financing for Benedict Court, a 120-unit multifamily property in Greenwich. The consortium led by Lonicera Partners, Nimbus Properties, and Benedict Capital will build the development at 7-23 Benedict Place with 72 market-rate and 48 affordable units, plus 170 underground parking spaces. Completion scheduled for August 2028.
Source:ctinsider.com
Source:hartfordbusiness.com
Source:newhavenindependent.org
A redevelopment plan for the former Hartford Trade School building at 110 Washington Street would create approximately 57 affordable and workforce housing units through a $33.6 million project by Arch Communities and Boston Communities. The 1928 building, which has been used as a city warming center, is pending approval from the city council and environmental reviews, with construction potentially starting in spring 2026. Source: courant.com
Connecticut Siting Council voted 5-3 to reject United Illuminating's plan to build a high-voltage transmission line through Fairfield and Bridgeport using steel monopoles up to 195 feet high. The decision marks an unexpected victory for local critics who argued the project would be a visual blight, though UI expressed shock at the decision and is exploring legal options. Source: ctmirror.org