Bids due Oct. 30 for UConn’s former W. Hartford campus

Bids due Oct. 30 for UConn’s former W. Hartford campus

Developers are running out of time to bid on UConn’s former satellite campus in West Hartford, which was recently put up for sale after New York-based fintech Ideanomics pulled out of a planned $400-million development for the site. A listing shows Colliers is seeking buyers for the roughly 58-acre site where Ideanomics once hoped to create more than 300 jobs at 1700 and 1800 Asylum Ave. There is no asking price. The Connecticut Department of Economic and Community Development had originally pledged a $10-million forgivable loan for the so-called West Hartford Fintech Village project, but the development was put on ice earlier this year after Ideanomics said it wanted to focus on its core business in the electric vehicle sector. Cafasso said a number of offers from third-party developers have already been made on the property, some seeking to develop the entire site or just parts of it. He wouldn’t provide further details on those bids.

https://www.hartfordbusiness.com/article/bids-due-oct-30-for-uconns-former-w-hartford-campus?utm_source=Newsletter&utm_medium=email&utm_content=UConn+Bids+Due+%7C+Aetna+Sheds+Customers&utm_campaign=HBJ+Today+101520+Final

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