Brokers for the owners of the Corbin Collection shopping center in West Hartford and recently shuttered Lord & Taylor store at Westfarms mall just over the border in Farmington are working to find tenants who would repurpose tens of thousands of square feet of vacant retail space into office space.
Hartford parking giant LAZ Parking has furloughed 300 employees at various locations as demand for parking has plummeted in Connecticut and across the nation due to COVID-19-related shutdowns, a state labor filing shows.
A development group could soon hold the mortgage to two significant downtown Hartford properties they plan to incorporate into a $100-million transformation of downtown’s Pratt Street corridor.
The developers pitching an ambitious $100 million mixed-use project to transform Hartford’s Pratt Street retail corridor into a vibrant 24/7 live, work and play neighborhood, have received backing for $12 million in loans from the quasi-public Capital Region Development Authority (CRDA).
Hartford parking-services vendor LAZ Parking says it expanded its Georgia parking network with a contract to manage a suburban Atlanta arena-convention center’s parking operations.
Michael Seidenfeld, whose New York realty company Shelbourne Global LLC has invested more than $200 million buying and refurbishing downtown Hartford commercial buildings, views Pratt Street as an untapped jewel.