Hartford Plans $1.6M Acquisition of Upper Albany Warehouse for Redevelopment
According to the Hartford Business Journal, Hartford Mayor Arunan Arulampalam is seeking approval to purchase a 66,549-square-foot warehouse at 51 Homestead Ave. and adjacent lots at 101 Homestead Ave. and 255 Garden St. for $1.6 million. The properties, owned by St. Francis Hospital, span over five acres and are located along a major corridor between West Hartford and downtown Hartford. The acquisition would give the city control of more than 6.5 acres in the Upper Albany neighborhood, supporting redevelopment efforts outlined in the Homestead Avenue Redevelopment Plan. The purchase is expected to be reimbursed through a state grant, with plans for revitalization guided by community engagement and urban planning initiatives
Click Here: Hartford eyes $1.6M purchase of Upper Albany warehouse, associated lots for redevelopment for more information.