Soverign moves HQ

[The Voice of Reason]

Banking On Downtown

http://www.hartfordbusiness.com/news5424.html

At the end of June, Sovereign Bank will abandon one downtown location and move one block up Trumbull Street to another.

The bank is moving its 100 Pearl St. branch north to the corner of Trumbull and Asylum. The new space

[HartfordTycoon]

Banking On Downtown

http://www.hartfordbusiness.com/news5424.html

At the end of June, Sovereign Bank will abandon one downtown location and move one block up Trumbull Street to another.

The bank is moving its 100 Pearl St. branch north to the corner of Trumbull and Asylum. The new space

[The Voice of Reason]

It does look very good now, but was not actually vacant. Trust Bar had done a decent cosmetic touch up and was doing OK business after No Name closed down and I assume the landlord bought their lease out to accomodate Sovereign. Having all of the systems in the space upgraded is obviously a great thing though and it is a good locations for a bank branch from a business perspective.

[HartfordTycoon]

HT, the thing is that the rest of the building above the Trust Bar was vacant (as far as I knew). So the biggest part of this move is that the entire building has been rebuilt and modernized while the exterior has been restored. I like that a bank is more visable than the trust bar was(at least to visitors of the city), but what I really like is all of the bank officers working upstairs. Thats a 4 story building that is now fully leased including the retail space.

I saw them hoist the new AC system onto the roof and do a lot of the other work from my office. Needless to say, I have enjoyed watching this project

[The Voice of Reason]

Wow, I didn't realize they took up so much more of the building. That is certainly great news on the CBD office space front.

[The Voice of Reason]

http://www.hartfordbusiness.com/news1135.html

this is one article from a year ago about the move. it mentions leasing, and specificly 1 floor above the branch, so I am not sure if they have the whole building or just the 2 floors.

and this

http://www.hartfordinfo.org/issues/documen...rant_101206.asp

about the leadership of the company slightly related to Hartford.

[beerbeer]

According to HBJ, they have three of the four floors, the branch on the ground and two floors above it.

[The Voice of Reason]

According to HBJ, they have three of the four floors, the branch on the ground and two floors above it.

[The Voice of Reason]

I took these today.

I like the details here. the inside looks very nice as well. I did not take any shots of that. looks like it will open very soon.

[The Voice of Reason]

.

[The Voice of Reason]

and here is the follow up article it seems.

http://www.courant.com/business/hc-castiro...0,7111373.story

Sovereign is investing about $2.6 million in the interior renovations

[MichaelQReilly]

and here is the follow up article it seems.

http://www.courant.com/business/hc-castiro...0,7111373.story

Sovereign is investing about $2.6 million in the interior renovations

[The Voice of Reason]

I came here to post this article but you beat me to it. Although relatively unhearladed, this is a great project that ensures a really historic building contiues for a long time and also helps to solidify the quality of the Trumbull St. streetscape.

[HartfordTycoon]

Did you see the picture of the street back in the day?

Trolly line down the middle. lots of street lights, and nice looking buildings along both sides.

all though we lost many of those buildings at least some remain.

[Chessplayer]

The historic photo almost made me cry. It's really a crime what has been done to this city over the years.

[drc72]

Only one building (the Trumbull corner) remains on the Northern streetwall with the rest now surface parking. Hartford has a long way to go.

[Luca Brasi]

Only one building (the Trumbull corner) remains on the Northern streetwall with the rest now surface parking. Hartford has a long way to go.

[Chessplayer]

Banco Santander has bought Sovereign. Probably no loss for Hartford, if anything it'll put it on better financial footing.

http://www.courant.com/business/hc-soverei...0,1890361.story