East Hartford’s former Showcase Cinemas site set for 402-unit redevelopment
According to the Hartford Business Journal, developers have acquired a 25-acre site at Silver Lane, East Hartford for $1 to construct a 402-unit apartment complex named Concourse Park. The town incentivized the project with a tax abatement and secured $10 million in public financing for infrastructure improvements. The developers demonstrated access to $70 million in financing to complete at least 300 units, with total project costs estimated at $120 million.
Click Here: Redevelopment of former Showcase Cinemas site in E. Hartford ready to move forward after land purchase for more information.