$50M apartment proposal at Showcase Cinemas site leads East Hartford development project trio

$50M apartment proposal at Showcase Cinemas site leads East Hartford development project trio

After remaining a vacant eyesore for nearly 14 years, the town of East Hartford in early 2020 finally razed the former Showcase Cinemas building on Silver Lane in hopes of clearing the path for a potential mixed-use residential development. East Hartford Development Co. LLC — led by Domenic Carpionato, a principal at Rhode Island-based real estate development company Carpionato Group — responded to the RFP proposing a $50-million, mixed-use residential development, Buckheit said. The town bought the Showcase Cinemas property in early 2019 for $3.3 million. The Capital Region Development Authority (CRDA) is helping out on the project. East Hartford’s most notable office building — the half-century-old Founders Plaza office tower on Pitkin Street — is being eyed for a mixed-use residential-retail center with up to 2,000 new apartment units.

https://www.hartfordbusiness.com/article/50m-apartment-proposal-at-showcase-cinemas-site-leads-east-hartford-development-project

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