CT city could see $34 million conversion of 2 office buildings into high-profile apartments

Two prominently-located downtown Hartford office buildings — one, a historic, former bank on Pratt Street and the other, directly across from Bushnell Park — could be converted and add another 120 apartments — and ease the stockpile of lower-grade, older office space that has gotten even tougher to lease after the pandemic. The Simon Konover Co. of West Hartford is proposing a $7 million conversion of the upper floor offices of 31-45 Pratt St. — once the headquarters of the old-line Hartford lender Society for Savings — into 37 market-rate apartments. CRDA, which has helped finance apartment redevelopment downtown in the last decade, is being asked to approve a low-cost, state-taxpayer-backed $1.1 million loan for the Pratt Street project and a $5 million loan and $2 million equity investment for Lewis Street.

CT city could see $34 million conversion of 2 office buildings into high-profile apartments

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