this will be nothing like those.

steep discount in this case is sill going to be a lot of money.
this is a 800,000 SF class A building on the river. it will be bought up mush like Metro Center was bought by Northland back in the 90s.

it will be looked at as a steal some day, but still likely 20 million+ so it wont attract real true bottom feeders like you mentioned. those guys don't have the scratch to pull this off.

it is very big news, and could be very influential on Hartfords short and mid term future if the right owner steps forward.

These buildings are LARGE and it is one part of downtown with surplus parking, it it is a very desirable property in theory.

you never know though.

who's this 'guru'? And who has a hotel in Constitution plaza?




I hope too that this attracts more companies to the region. The plus was that there is no mortgage on this property anymore, so I would think that is attractive. Further, the building has underground parking, which is also good. I think it makes a good case for another company to swoop in and buy the building and establish a Hartford presence (fingers crossed).

Well.... it's kinda up. I drove by there today and it was on the pillars, but it wasn't level, if you tried to walk over you'd fall to your death...

I ultimately have a million things to say about these proposals, but the simplest bit is this.

the primary scope of this transportation project is in my opinion just slightly too small.

a critical barrier in this city that is at the norther end of this viaduct issue should also get some concideration.

take every example given and then ask yourself what I-84 does directly north of the study area.



it goes from a tunnel to a bridge. this is a huge vertical swing in the highway and it is also the most dangerous part of the raod, or at least it feels the least comfortable.

If we are building a tunnel in any of the last 3 examples, I ask, why dont we stay underground a little longer heading north and bring the highway under the rail lines.

this would free up as much or even more land for development thal all of the rest of the tunnel.

if that doesnt make sense I can post some drawings i made later, but i think that should make plenty of sense.

BACK TO WORK!

Wanted to let everyone know that more renders, including the street level for anyone who thinks we forgot about retail, are now available at

http://www.aitechcenter.com

I am thinking only bottom fishers will be at the auction, I just hope the new owner will not be someone like the so called developer who owned the butt ugly and the Capitol West building or that new age guru dude who runs a nice hotel in Constitution Plaza.

your link is broken, but that sure is interesting news.

I knew it was empty and I knew it was being marketed nationally as a rental. I am supprised it is up for sale though.

I tell ya what, if I were Jim Barnes I would make an offer on this one.

He needs the space.

but I suspect he is allready making plands to lease some more space.



I wonder if the sale will attract any new companies to the region. unlikely, but possible.

FYI for my friends at UrbanPlanet - The Tech Center (and Hartford at large!) are going coast to coast in HD tonight! March 4, at 8 PM eastern, we are going to be on History Channel's Modern Marvels, showcasing how materials are reused from a demo site such as ours into things you use every day. They should have some pretty good shots of the last gasps of the Broadcast House, and of Hartford in general.

Thought you might like to know!

Dan Whittemore
AI Engineers, Inc.

The last major office building to sell in the city's central business district was another two-towered office building at 100 Pearl St. in 2008. New Boston Fund sold that building for $18 million, or $64 a square foot, about half of the $32.7 million New Boston paid in 1999. The building had a 35 percent occupancy at the time.

Financing commercial real estate purchases remains difficult, though some investors are beginning to get back into the market.

Still, if someone can pay cash, there potentially could be "a big upside" in the purchase, if the right tenant or tenants can be found, said Dale Reese, a senior Connecticut executive at New Boston.

But a strong stomach will be required, given that available office space in Greater Hartford increased to 21.2 percent as of Dec. 31, up from 18.2 percent a year ago, according to CB Richard Ellis.

A recent CB Richard Ellis forecast calls for another increase this year, to 23 percent.

Eesh, I didn't realize it was effectively vacant. Maybe Travelers will buy it if they need more space.


Hartford's Connecticut River Plaza Complex On The Auction Block
http://www.courant.c...ne0302.artmar02,0,7770308.story

I ultimately have a million things to say about these proposals, but the simplest bit is this.

the primary scope of this transportation project is in my opinion just slightly too small.

a critical barrier in this city that is at the norther end of this viaduct issue should also get some concideration.

take every example given and then ask yourself what I-84 does directly north of the study area.



it goes from a tunnel to a bridge. this is a huge vertical swing in the highway and it is also the most dangerous part of the raod, or at least it feels the least comfortable.

If we are building a tunnel in any of the last 3 examples, I ask, why dont we stay underground a little longer heading north and bring the highway under the rail lines.

this would free up as much or even more land for development thal all of the rest of the tunnel.

if that doesnt make sense I can post some drawings i made later, but i think that should make plenty of sense.

BACK TO WORK!

Basically, NB Mayor Stewart and the DoT are the only people on Earth that think the busline is a good idea...

I'd prefer our Las Vegas strip to be Main St just north of the G.Fox building...

It is already too late to stop the Busway. I take that back. Based on what Lamont had to say he may be the only chance at stopping it and actually getting us to look at a real East-West rail corridor for Central CT.