Seen is the most recent artist’s drawing of what a new
hotel to be constructed in downtown Hartford will look
like. Construction of the new 60-room Cobblestone Hotel
is expected to begin soon after Aug. 1 on property at
110 East Sumner St. On Monday, the city’s Plan
Commission approved details for the project, and Tuesday
night the Common Council also signed off on the plans.
Two buildings on the construction site are to be torn
down by mid-July.
HARTFORD — Ground is expected to be broken on a new
downtown hotel around Aug. 1. On Tuesday night the
development agreement between the city and Cobblestone
Hotel Development LLC was given unanimous approval by
the Common Council.
“Existing buildings on two of the lots where the hotel
is to be built will be torn down by around mid-July,”
City Planner Justin Drew said.
part of the details needed to be completed to allow the
hotel construction to move ahead, both the city’s Plan
Commission and Common Council approved joining several
lots into one parcel for the construction site and
approved other zoning and property issues. The
developer, according to the agreement, will build a
60-unit hotel with an attached restaurant and an outdoor
patio, indoor pool, meeting room, exercise facility and
part of the agreement Cobblestone Development agreed to
pay the city $600,000 for the property acquired by the
city for the site. In return the city agreed to pay the
developer back $599,999 within five days of closing.
“The city will be able to be repaid that amount from the
additional taxes that are generated in the TIF District
that the hotel is included in,” Mayor Tim Michalak said.
development agreement also calls for the city to pay the
developer $650,000 when the hotel receives a permit for
occupancy from the city’s Building Inspection
Department. Cobblestone Development has other
obligations in the agreement.
“The developer agrees that in the event the annual
property tax payment associated with the property, but
not including any Business Improvement District
Assessments, is less than $100,000 the developer will
make a payment in lieu of taxes in the amount of the
difference between the $100,000 and the annual property
tax payment for a period of 14 years,” said the
agreement. “The developer must also submit all building
and construction plans necessary to secure a building
permit for the hotel by July 15.”
Drew said he believed the build-out value of the hotel
and property when construction is completed will be
“somewhere between $7 million-$8 million.”
city also had to confirm to the developer that there is
at least one available Class-B combination license for
the hotel restaurant and bar.
Other parts of the agreement include:
A guarantee from the developer that there will be five
guaranteed parking stalls at the eastern side of the
development for general use by the nearby law office.
The developer agrees to pave the driveway and parking
area behind 124 E. Sumner St. and to provide paved
driveway access to the parking area.
Traffic will only be able to enter, and not exit the
hotel parking area by use of Sumner Street. Traffic will
have to exit using Park Avenue.
other business, the Common Council approved the purchase
of a new truck and related equipment for the Fire
Department to replace a 1991 GMC pick-up truck. The cost
for the vehicle and all related communication and
emergency gear as well as putting decals on the vehicle
will be about $58,300. The city had budgeted $70,000 for
the purchase and also expects to receive about $5,000
for the old vehicle.