Partners rehabbing a former Hartford firehouse and shuttered municipal building into apartments are moving to launch an estimated $32.47 million construction of a new 126-unit residential building on surface parking lots near Hartford City Hall. Daniel Klaynberg, president of Spectra Construction & Development, said Tuesday his group recently applied to the city to build an eight-story, reinforced concrete building on a parking lot at 17 and 21 Wells St. The lot slopes sharply and plans call for 58 spaces to be incorporated on the first two levels of the new building. Klaynberg is seeking $9.4 million in low-interest financing from the Capital Region Development Authority for the proposed 100,467-square-foot ground-up development. He said he hopes to begin in “early” 2024 on a project that will take about two years to complete.
https://www.hartfordbusiness.com/article/developers-moving-forward-with-3247m-ground-up-apartment-development-near-hartford-city