Can a $100M redevelopment plan turn Pratt Street into Hartford’s crown ‘jewel’?

Can a $100M redevelopment plan turn Pratt Street into Hartford’s crown ‘jewel’?

Earlier this year, Shelbourne bought nearly all of the commercial buildings on Pratt St.’s south side, from 196 Trumbull St. to the building next door up to 57 Pratt St., and is part of a triumvirate of developer-landlords that recently unveiled an ambitious $100 million redevelopment vision they say would not just transform Pratt Street, but the entire corridor stretching from the XL Center and Trumbull Street, to Main Street and beyond to the Talcott Plaza parking garage. They also asked CRDA to consider co-funding the project with a $20 million subsidy. The Pratt Street project likely would take shape around the same time as the proposed $200 million redevelopment of the city’s nearby Downtown North (DoNo) tracts. Both projects happening in tandem would give another major boost to downtown.

https://www.hartfordbusiness.com/article/can-a-100m-redevelopment-plan-turn-pratt-street-into-hartfords-crown-jewel

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