State officials say it will save more than $7 million in five years by relocating some 160 state workers mostly in downtown Hartford to newly renovated offices on Capitol and Farmington avenues. A projected $7.1 million will be saved in operating and lease costs over a five-year period, DAS said, as it will also avoid the need to invest up to $80 million to rehabilitate the Trinity Street offices over the next decade. Instead, the Trinity Street buildings are expected to be transferred to the quasi-public Capital Region Development Authority (CRDA) for redevelopment. “Coupled with CRDA’s ongoing development of a new district garage as well as recent private acquisition of 55 Elm for residential/mixed-use development by the Spinnaker Group, the Trinity properties provide the next phase to rebuild the neighborhood along Bushnell Park, ultimately stretching into the south end of Hartford and the hospital district,” Freimuth said.
https://www.hartfordbusiness.com/article/state-office-shuffle-to-save-7m-crda-to-redevelop-trinity-st-buildings