$115M-plus East Hartford apartment development expected to launch this spring

After more than a year of delay, developers advancing the roughly 400-unit “Concourse Park” luxury apartment complex in East Hartford say they expect to break ground this spring. The Council also approved several deed restrictions for the 25-acre development site off Silver Lane, which is currently held by the town. These provide a measure of security for the roughly $16 million investment of public funds into the site’s development. With these agreements settled, Krohn and Zelman expect to finalize the property acquisition later this month or in February, then begin work in April or May. The developers are also finalizing agreements with Eversource and the Metropolitan District Commission. Zelman, separately, expects to begin construction of a 93- or 94-unit, four-story apartment building on the site some time in 2025. This building will also take about two years to complete, he said.

https://www.hartfordbusiness.com/article/115m-plus-east-hartford-apartment-development-expected-to-launch-this-spring

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