Downtown North Developer Lays Out Vision, Fields Questions From Hartford Leaders

Randy Salvatore, owner of RMS Companies, the group chosen by the city to build 800 apartments and 60,000 square feet of retail space in the long-barren neighborhood, outlined a proposal that would begin with 200 housing units behind the Red Lion Hotel on Trumbull Street. The more than $200 million project would be financed primarily with private funds. RMS will also pursue a loan from the Capital Region Development Authority similar to what the group has given others with robust developments, Salvatore said.

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