After a decade-long search for the ideal location in town, a New York developer is opening a 135-unit independent and assisted-living senior apartment community, The Hearth At Glastonbury, this fall in a former town industrial park.
The Hearth is on track to open at 281 Western Blvd. around September, said Norman Morrow, vice president for Syracuse, N.Y., landlord Hearth Management.
Construction cost for the 121,021-square-foot facility is about $14.04 million, Glastonbury building-permit files show.
The complex will have 44, one-bedroom studios among its residences. Some units also will be dedicated to caring for residents with impaired memories.
“We’ve looked at Glastonbury for the last 10 or 12 years, trying to find the right piece of property,” Morrow said.
It will be Hearth Management’s fourth Connecticut facility: others are in Branford, Madison and Southbury.
Hearth Management’s affiliate, Fahs Construction of Binghamton, N.Y., is general contractor.
Though located adjacent to Gateway Medical Office Park, housing several hospital clinics, physicians’ practices and ancillary health services, proximity for the park wasn’t the primary reason for choosing the site, Morrow said.
“But it’s definitely a huge plus,” he said.
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Downtown Newington sale
Downtown Newington’s retail/office building, 50 Market Square, sold recently for $525,000.
BAJ Properties LLC bought the 6,554- square-foot building on 0.26 acres from Jane D. Amoruso. TD Bank financed the purchase.
Morrow Realty was sole broker.
Tenants are Up Scale Music, French’s Travel, Mortensen Insurance, internist Stephen J. Milewski, M.D., and Lyra’s Hair Design.
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Romp N Roll debut
Romp N Roll, a play-based education program for tots and parents, will open its first New England location in Wethersfield’s Goff Brook Shoppes, brokers say.
Romp signed with landlord Goff Brook for 4,800 square feet at 1267 Silas Deane Highway.
Century 21 Clemens & Sons Commercial represented Romp.
Romp n’ Roll uses developmentally appropriate movement, art, and music classes for children from three months to age 6 to exercise their bodies and minds, and nurture their imaginations.
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Autumn’s E. Hfd. space
Autumn Transportation leased about 10,000 square feet of industrial garage space at 56-62 Oakland Ave. in East Hartford.
Century 21 Clemens & Sons Commercial represented Autumn.
Colliers international represented landlord M&G Associates LLP of East Hartford.
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Fairview’s Bloomfield buy
An Australian maker of commercial- building products recently paid $1 million for a Bloomfield industrial building, not far from its current regional office-distribution center in town.
The Valley View LLC affiliate of Fairview Architectural acquired the 40,000-square-foot, free-standing structure at 75 Peters Road on 5.76 acres from 75 Peters Road LLC.
Fairview presently is housed in leased space at 68 East Dudley Town Road, about 3.5 miles east of its future regional home.
Sentry Commercial was sole broker.
Fairview is moving its warehouse operations this month to Peters Road, from its East Dudley Town space that debuted in 2012, marking Fairview’s initial entry into the U.S and Canadian commercial-building markets, North American regional manager Jerry Fossey said.
Fairview is expanding due to rising sales of its prefabricated commercial-building fascias and partitions made of aluminum composite materials in the lower 48 states and Canada, Fossey said.
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Greg Seay is the Hartford Business Journal News Editor.
