Though less dramatic, these more modest projects showed encouraging potential in reshaping the city for the future as it enters the 2020s. The city government has doled out generous tax deals to many of those projects, one of its only avenues to spur development in the wake of its 2017 budget crisis. While the city considered filing for bankruptcy for a time, finances have since stabilized thanks to a hefty state bailout — an upbeat sign to commercial real estate investors considering committing money to Connecticut’s capital city. Investors are taking increasing notice of the city and its prospects, though high commercial property taxes still remain a hurdle.
https://www.courant.com/news/connecticut/hc-decade-review-hartford-development-20191222-6tkk6yyambdnhbda5plsid4oli-story.html