New Jersey developer gets tentative nod to build major downtown Hartford mixed-use development

A Camden, New Jersey-based housing developer and investor has received a selection committee endorsement to build a mixed-use development worth tens-of-millions of dollars on a 2.8-acre parking lot south of Hartford’s Bushnell Park. After interviews and follow-up presentations, the selection committee ranked Michaels with 12.45 points, closely followed by LCM with 12.275 points, trailed by Spinnaker with 10.025 points and then Spectra/Wonder Works with 9.35 points. According to its website, Michaels operates about 60,000 units of housing in more than 425 communities in 35 states, along with Washington, D.C. and the U.S. Virgin Islands. The company says it has built more than 55,000 units of housing. In Connecticut, Michaels manages four affordable housing communities with a combined 359 units in Meriden and New Haven, according to its website.

Share This Article: