The town has finalized the sale of the former Showcase Cinemas site on Silver Lane, paving the way for a $115 million development project that will feature more than 300 new apartments and various amenities. Following the agreed purchase in 2019, the Town Council unanimously approved the sale of the 25.6-acre parcel to developers Jasko Zelman 1 LLC, which aims to transform the property into a destination dubbed Concourse Park. The town will be sending out a bid for construction, and is expecting groundbreaking next year, Martin said. Since then, the town and Capital Region Development Authority worked to finalize the use of $10 million in public infrastructure funding. East Hartford Director of Development Eileen Buckheit praised the town’s legislative delegation, Martin, former mayors, the CRDA, the developers, and local leaders for the bringing the next step in redevelopment to fruition.
https://www.stamfordadvocate.com/journalinquirer/article/ct-east-hartford-showcase-cinemas-housing-20379103.php