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The Voice of Reason

Hartford in 5 years?

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So, here it is October of 2012.

The country is clearly out of survival mode (while some people continue to struggle) financially. Europe is looking better every day/week, and the BRIC nations also seem to be taking measures to sustain growth.

This bodes well for the econemy and people will begin to invest in realestate again. (in August homes rose 4+% in value)

this means there will be development in the cities again as those investors feed REITs and development companies. those development companies will need a market, and there is a backlog of young people looking to get out of moms basement.

With all the rumors going on out there, and the confirmed news reports that seem to be coming out every day this fall, what do you see the capital region looking like come October 2017?

The commuter Rail should be up and running for about year at that point.

the CRDA will have pushed several developments through

CREC will have completely redesigned the areas school systems

iQuilt will have had time to establish itself or fall apart

The Airport Authority will have been in place long enough to either succed or fail.

The Aetna Viaduct plan might be in the mix?

The arena... replaced? rennovated? removed? what will be the state of our sporting existance?

what are your thoughts? where will we be?

what current plans will have happened?

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No one wants to play I guess... :(

Well, ill give my take to some degree

TODAY

Downtown CORE Housing Stock -1910 units

Downtown CORE Hotels -1825 Rooms

Downtown FRINGE Housing Stock – 690

Downtown FRINGE Hotels – 336 Rooms

Within 1 year after completion of the several small current projects

14 in the Downtown Core

97 Just outside Downtown

Downtown CORE Housing Stock -1924 units

Downtown CORE Hotels -1825 Rooms

Downtown FRINGE Housing Stock – 787

Downtown FRINGE Hotels – 336 Rooms

Within 3 years, after completion of the 4 larger projects "about to start"

796 in the Downtown Core

0 Just outside Downtown

Downtown CORE Housing Stock -2720 units

Downtown CORE Hotels -1825 Rooms

Downtown FRINGE Housing Stock – 787

Downtown FRINGE Hotels – 336 Rooms

Constitution Plaza Apartments: 199 Apartments, 11,000SF Retail

777 Main Street Apartments: 286 apartments 35,000SF Retail.

Front Street Phase II: 115 apartments above 25,000SF ground floor retail next to the Elks club.

AI Tech center Apartments: 195 apartments, mostly studios and one-bedrooms and 22,500SF of office and commercial.

I Think these projects will be nearly done in 3 years as well, but will have to keep them in the 5 year zone

101 Pearl and 111 Pearl: turn 175,000 SF of vacant office space into 225 apartments

370 Asylum Street Apartments: ~40 Apartments

36 Louis St this 10Ksf building was recently bought with plans to turn into apartments or office space with retail? But most likely several apartments (6) plus a restaurant

Goodwin Hotel re-opens 114 rooms

Busway

Commuter rail

These should be finished within 5 years

Downtown CORE Housing Stock -3041 units

Downtown CORE Hotels -1939 Rooms

Downtown FRINGE Housing Stock – 1025

Downtown FRINGE Hotels – 421 Rooms

79Allyn Street: Property to be auctioned for 1.5 million on Nov 14, 2012. Likely to be turned into housing 30-70 housing units.

Colt Armory, East Arsenal 236 units?

Travelers Plaza rebuild with iQuilt in mind

Best Western on Market Street N of I-84 85 Rooms

Not finished but surely started

-10 Clinton St “High-rise condos” 200 units?

Land N. of I-84: RFP is coming soon from the city as it recently bought additional property to make development easier

Front Street Phase III: 165 housing units +35,000SF retail and an integrated parking garage for residents

I-84 Viaduct reconstruction

55 Elm Street-100 + housing units

Cigna Arena...

1465 apartments and 199 hotel rooms would be a pretty huge change to the area.

But I suspect its the other changes that will mater most...

Mass transit options, pedestrian oriented projects like Iquilt, New community infrastructure like the arena/ice rink in the park..

Edited by The Voice of Reason
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