Two historic buildings in Hartford’s Bushnell South could add 100 more apartments

Two historic buildings near downtown Hartford‘s Bushnell Park — occupied for decades by state offices, including the Secretary of the State — could be converted into 108 apartments in a $45 million project that would give a significant boost to the Bushnell South redevelopment unfolding in the area. The state Department of Administrative Services confirmed to The Courant that a partnership of Philadelphia-based Pennrose LLC and The Cloud Co. of Hartford has the properties at 18-20 and 30 Trinity St. under contract for $1.1 million. The purchase of the structures could be completed later this year, with construction starting in 2024. Once started, the conversion would take 18-24 months to complete, Adams said. Financing for the conversion of the two Hartford buildings is still taking shape. But it is likely to include a low-cost loan from CRDA, the quasi-public state agency that has provided loans and equity investment primarily for mixed-use housing projects.

Two historic buildings in Hartford’s Bushnell South could add 100 more apartments

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