The city claimed the neglected building, at 36 North Main St., from a New York investor in 2013 for unpaid taxes. With lobbying from former Mayor Neil O’Leary’s administration, Gov. Dannel Malloy dedicated $10 million in state bond funding to help defray redevelopment costs. And, in 2023, the city sold the decaying property to Green Hub Development for $900,000. Using the state’s money, and about $5 million of its own, Green Hub performed an extensive overhaul of the building. Work wrapped up in December, well ahead of schedule, and UConn began relocating programs there in January. Green Hub’s three major projects — the dorm and two office buildings — all received 10-year tax deals from the city. O’Leary managed to secure $7.7 million in state grant funds to defray costs of renovating and retrofitting the Howland Hughes building, and then $10 million more for the Odd Fellows rehab.
https://www.hartfordbusiness.com/article/with-third-major-project-completed-green-hub-development-becomes-major-player-in-waterburys