102 replies to this topic

[The Voice of Reason]

I compiled all of the residential development going on in the city right now (that I know about). I include Hotels as residential because this is all about bringing people downtown. Please correct me if you know differently than I have posted. Also I am sure we could add the non residential projects to these lists as well.

PROPOSED:

YMCA Tower 40+ stories 200 Condos +100 Apartments

101 Pearl 36 Apartments

Front Street 115 Apartments

158 Woodland 28 Condos

Best Western on Market St. 8 stories 75 rooms

Capewell Hotel 130 Rooms

410 Asylum 70 Apartments

Lofts on Capitol               113 housing units
http://www.bhplus.com/Portfolio/Default.asp?PortfolioID=38



STALLED:

Capewell Factory 100 Condos

Plaza Mayor 35-45 residential units

777 Main (BoA) 50+ Condos





CONSTRUCTION:

Colt Gateway 238 open/under construction

N. Main Apts. 57 low income apartments





BUILT

Hotel Bond (Homewood Suits) 117 hotel suits

SNET Building: 132 apartments

Trumbull on the park: 100 apartments

Hartford 21 262 apartments

Sage-Allen 78 apartments +170 student housing

The Metropolitan 50 condos 13 as yet unsold


American Airlines 101 Apartments     (just opened)
1429 Park Street/Design Center Hartford           56 Loft style Apartment lofts   (just opened)

[/size][/font]


Total residential units Built 949
Estimated occupied ~580
Total residential units under construction 295 although 238 are potentially stalling? at Colt
Total residential units proposed and likely 662 + 75 Hotel rooms
Total residential units proposed and not likely 185 + 130 hotel rooms

I colored the projects in the center of downtown Red
These are the most important ones. They will breath life into a once empty urban core.
I colored the projects on the edge of downtown Orange
They are just a little further from the very center of it all.
and I colored the projects around the downtown area green(because yellow is hard to read).
These important projects connect the CBD with the rest of the city while increasing density.

comments?

Edited by HartfordTycoon, 22 February 2008 - 12:05 PM.

[Leo Berman]

My only comment is that Colt wants $1275 for a one bedroom...lol, give me a break!  I would suggest that developers temper their expectations...

The Voice of Reason, on Jan 18 2008, 10:50 AM, said:

I compiled all of the residential development going on in the city right now (that I know about). I include Hotels as residential because this is all about bringing people downtown. Please correct me if you know differently than I have posted. Also I am sure we could add the non residential projects to these lists as well.

PROPOSED:

YMCA Tower                              40+ stories 200 Condos +100 Apartments

101 Pearl                                      36 Apartments

Front Street                                  115 Apartments

158 Woodland                              28 Condos

Best Western on Market St.          8 stories 75 rooms

Capewell Hotel                             130 Rooms

410 Asylum                                  70 Apartments



STALLED:

Capewell Factory                         100 Condos

Plaza Mayor                                 35-45 residential units

777 Main (BoA)                           50+ Condos





CONSTRUCTION:

American Airlines                          89 Condos/Apartments

Colt Gateway                                238 open/under construction

N. Main Apts.                               57 low income apartments





BUILT

SNET Building:                            132 apartments

Trumbull on the park:                   100 apartments

Hartford 21                                 262 apartments

Sage-Allen                                   78 apartments

The Metropolitan                         50 condos 13 as yet unsold



Total residential units Built                              622
estimated occupied                                     ~450
Total residential units under construction          384 although 238 are potentially stalling? at Colt
Total residential units proposed and likely          549 + 75 Hotel rooms
Total residential units proposed and not likely     185 + 130 hotel rooms

comments?

[T52]

The Voice of Reason, on Jan 18 2008, 10:50 AM, said:

I compiled all of the residential development going on in the city right now (that I know about). I include Hotels as residential because this is all about bringing people downtown. Please correct me if you know differently than I have posted. Also I am sure we could add the non residential projects to these lists as well.



BUILT

SNET Building:                            132 apartments

Trumbull on the park:                   100 apartments

Hartford 21                                 262 apartments

Sage-Allen                                   78 apartments

The Metropolitan                         50 condos 13 as yet unsold



Total residential units Built                              622
estimated occupied                                     ~450
Total residential units under construction          384 although 238 are potentially stalling? at Colt
Total residential units proposed and likely          549 + 75 Hotel rooms
Total residential units proposed and not likely     185 + 130 hotel rooms

comments?

You ignored the 170 student/intern rooms that are part of the Sage Allen project...

[The Voice of Reason]

T52, on Jan 18 2008, 05:58 PM, said:

You ignored the 170 student/intern rooms that are part of the Sage Allen project...

Not ignored, forgot.
I edited them in.  did I forget anything else?

Anyone want to help by adding in non residential projects?

[The Voice of Reason]

I have some edits here. new proposal, completion of AA, and updated totals below


PROPOSED:

Lofts on Capitol               113 housing units
http://www.bhplus.com/Portfolio/Default.asp?PortfolioID=38

BUILT
American Airlines 101 Apartments     (just opened)
1429 Park Street/Design Center Hartford           56 Loft style Apartment lofts   (just opened)


Total residential units Built 949
Estimated occupied ~580
Total residential units under construction 295 although 238 are potentially stalling? at Colt
Total residential units proposed and likely 662 + 75 Hotel rooms
Total residential units proposed and not likely 185 + 130 hotel rooms

Edited by The Voice of Reason, 21 February 2008 - 12:18 PM.

[Hartford to WH]

Hi- It's late so I may just have missed it, but there are 56 residential units built at 1429 Park Street/Design Center Hartford.  I just posted pics that i took there on the "lofts on Capital thread"; sadly they came out a little small.  They should be having their first move in by mid march.  The units are incredible- i wish i could get one of the furnished units!

Edited by Hartford to WH, 20 February 2008 - 11:03 PM.

[MadVlad]

Are those the lofts that I see advertised on the side of the building?

[Hartford to WH]

MadVlad, on Feb 21 2008, 07:04 AM, said:

Are those the lofts that I see advertised on the side of the building?

yes they are. There are more pics/info at http://loftsat1429.com

[HartfordTycoon]

Hartford to WH, on Feb 21 2008, 08:53 PM, said:

yes they are. There are more pics/info at http://loftsat1429.com

Wow, those units really are incredible. I may have to look into this area as I am currently looking to move.....

[beerbeer]

THe old Trout Brook Brewery used to be next door.  Is there a bar or restaurant open in the old TBB location?

[HartfordTycoon]

beerbeer, on Feb 22 2008, 09:48 AM, said:

THe old Trout Brook Brewery used to be next door.  Is there a bar or restaurant open in the old TBB location?

There was a nightclub, The Hot Club, running on weekends for a while. They have had some problems though and I'm not sure if they are still drawing patrons in large numbers.

[beerbeer]

Putting 150 folks 50 yards from the front door of that place may make it a more viable location.

[HartfordTycoon]

beerbeer, on Feb 22 2008, 11:34 AM, said:

Putting 150 folks 50 yards from the front door of that place may make it a more viable location.

It's still a very nice space on the inside. It could really be renovated into a very upscale establishment and attracting a hipper demographic to the area with the lofts could certainly help set it on that course.

[The Voice of Reason]

Lately we have seen various news reports and insider info on these boards reporting sold out studios and 1 bed rooms apts in downtown.

I find it hard to doubt this information at this point.  Sage Allen has a waiting list. 55 on the park has a 15 deep waiting list, Trumbull on the park has a waiting list, H-21 apparently has a waiting list 5-10 deep.  
I have no idea where the American Airlines building stands, but can only imagine it is renting well.

so I am asking when will a developer capitolize on this emerging demographic downtown?  Assuming there is some overlap in names on those lists, there is surely still at least 20-30 people looking for a nice studio or 1 BR downtown in the 1200-1400 price range.  There are surely others that would come out of the wood work if prices were even better or of the housing option was interesting.

I am wondering who if anyone will step in to seize the opportunity that is downtown Hartford right now.  It seems a no brainer right now for someone to step in and build something full of studios and 1 BR apts focusing on the young.  

I know what I would build and where but I am not a developer(yet)

[T52]

The Voice of Reason, on May 27 2008, 09:53 AM, said:

...so I am asking when will a developer capitolize on this emerging demographic downtown?  Assuming there is some overlap in names on those lists, there is surely still at least 20-30 people looking for a nice studio or 1 BR downtown in the 1200-1400 price range.  There are surely others that would come out of the wood work if prices were even better or of the housing option was interesting.

Don't discount the fact that the current spike in building materials will go straight to the bottom line of any new development projects which will in turn have to be made up for in higher rents. Also, some of the renting of larger units has been a result of renters stepping up from smaller units.

A waiting list is a good thing if it is not too large.

[The Voice of Reason]

T52, on May 27 2008, 04:18 PM, said:

Don't discount the fact that the current spike in building materials will go straight to the bottom line of any new development projects which will in turn have to be made up for in higher rents. Also, some of the renting of larger units has been a result of renters stepping up from smaller units.

A waiting list is a good thing if it is not too large.

Yeah, I assure you, the skyrocketing construction costs definately concern me regarding Hartfords future.  Those costs are becoming a barrier to the downtown population Hartford would like to have.  I say more so in Hartford that some other cities because buildings need to be built from scratch rather than renovated.  We all know about the parking lots.  We will see, but I am almost hoping for a construction melt down in China, Dubai, India etc. and I do not see one coming.

I hope the waiting list becomes a Hartford right of passage.  right now I hope they grow to staggering sizes to encourage development, but thats not realistic.

[beerbeer]

NOT ON THE LIST_


Union Place Apartments -69 units.

[The Voice of Reason]

beerbeer, on May 29 2008, 10:05 AM, said:

NOT ON THE LIST_


Union Place Apartments -69 units.

when was this built?  got any additional info?  I think its been open a few years at least.

and which building is this?  its apparently right by the train station.  is it the one right next to the fed Cafe?
it reviews horribly.  too bad.

I have to edit this post at this point, so if you have more info about these apts that would help.
I gotta add that new approval on Weathersfield Ave as well as remove the front street housing.

Hopefully we will find something out about the Capewell project because that group from Boston was interested in taking it over and pushing forward with it.

[The Voice of Reason]

I was bored waiting for sports I like to come on the Olympics so I made a map.  
I think it might be crap, but I can always make another




Also I sent an update of the first post off to HT.  He will surely update it eventually.  He is a busy man these days.

[uconn99]

Nice map.

From looking at the map, Hartford needs more residential down near the convention center and State house square. Constitution plaza needs something bad!

You forgot the East Hartford side of the river, that residential tower is ownership units.

Also, only 2 owner occupied buildings downtown is kind of lame.

Edited by uconn99, 10 August 2008 - 11:19 PM.