Spectra Developers Will Add 258 Apartments On Prominent Downtown Hartford Corner

The $50 million conversion of the two buildings is the latest in a push to add housing downtown to boost vibrancy in a city that has struggled to build foot traffic in the evenings and on weekends.Girona and Wonder Works are investing $6.3 million of equity into the overall project. State taxpayers also are taking a major stake in the venture, with CRDA loans totaling $15.5 million and $4 million in state brownfield — or pollution cleanup — loans. There also are $3 million in historic credits.

http://www.courant.com/real-estate/property-line/hc-hartford-pearl-street-apartments-20180404-story.html

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