Developer: ‘More practical’ vision for massive East Hartford Founders Plaza redevelopment is still grand

Developers planning around 1,000 apartments in a mixed-use redevelopment of East Hartford’s Founders Plaza office park will have up to four years to finish a first-phase building of at least 150 units in return for $6.5 million in state demolition funding. The Port Eastside partnership – which includes several prominent area businessmen – plans to use those funds to demolish the 182,890-square-foot former Bank of America office building at 20 Hartland St., which is also known as 99 Founders Plaza, this year. Port Eastside paid $4 million for the property last summer. Demolition will clear the site intended for the first mixed-use apartment building, scheduled to begin construction in late 2025, said Christopher Reilly, president of Lexington Partners, the Hartford development group spearheading the Port Eastside project.

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