Future of Hartford’s ‘Bushnell South’ takes shape with master plan for key property

Spinnaker Real Estate Partners of Norwalk expects to begin a $63 million conversion of the historic, 1926 building at 55 Elm St. — once offices for the state attorney general and other Constitutional officers — by the end of March. Plans call for 160 apartments, co-working space and a restaurant for the structure that faces Pulaski Circle, the first phase of the development. The new buildings, both five stories high, would bring another 166 apartments to the downtown area. Low-interest loans from the Capital Region Development Authority have figured significantly into the funding, including a $13.5 million loan for 55 Elm. The loans are backed by state taxpayers and funded through the sale of state bonds.


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