Spinnaker eyes February start to major Hartford office-to-apartment conversion project

Spinnaker Real Estate Partners could begin physical work transforming a massive former state office building at 55 Elm St. in Hartford by February. The Norwalk-based developer purchased the century-old, 200,000-square-foot office building in Jan. 2020 for $6.8 million. It also purchased a trio of nearby parking lots at 71 Elm St., 94 Hudson St. and 108-110 Capitol Ave. Spinnaker currently has applications before Hartford’s Planning and Zoning Commission, seeking to create a “campus overlay” of the parcel and subdivide parking associated with the 55 Elm St. building. The State Historic Preservation Office has approved Spinnaker’s rehabilitation plan for 55 Elm St., as well as an overall development concept for addition of nearby buildings. The Planning & Zoning Commission introduced Spinnaker’s request last week. Edvardsen said he is hoping to see it approved in January.


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