A Massachusetts landlord’s plan to remake a commercial building in Hartford’s Asylum Hill neighborhood into an education hub has been scrapped and the property is in the hands of a major Connecticut bank.
Principal Adam Winstanley, whose family run Winstanley Enterprises, of Concord, Mass., has extensive commercial holdings in Greater Hartford, confirmed via email that People’s United Bank of Bridgeport now holds title to the property at 85 Sigourney St., opposite Aetna Inc.’s headquarters campus.
Adam Winstanley, who spent more than a year searching in and outside Connecticut for a suitable anchor office tenant for the property, declined further comment. People’s United declined comment.
According to a LoopNet.com listing, the Hartford office of JLL is listing broker. No asking price is listed.
Built in 1984, the eight-story, 367,406-square-foot building on 5.86 acres over the years housed offices and a gymnasium for Aetna employees.
Later, the Lincoln Culinary Institute occupied the building after relocating from Farmington. While there, the institute converted some of the building’s space to dormitories to house culinary students. The school closed in Dec. 2016.
