Community leaders, politicians and developers with New York-based real estate firm Shelbourne Global Solutions came together Tuesday morning to celebrate the pending launch of a 155-unit apartment redevelopment of the former Fuller Brush complex in Hartford’s North End. Shelbourne representatives said the first phases of redevelopment — creation of apartments and amenity spaces — will begin within days and take about 18 months to complete. Shelbourne recently finalized financing for the $42.1 million residential phase of the Fuller Brush redevelopment, which includes $22 million in private loans; $8.5 million in city and state loans; $6 million in developer equity; $4.5 million in state historic credits; and a $1.1 million federal grant, according to Michael Freimuth, executive director of the Capital Region Development Authority.
https://www.hartfordbusiness.com/article/from-prosperity-to-hardship-and-back-again-hartford-celebrates-start-of-155-unit-apartment