Ground broken for downtown Hartford apartment complex
Rincon 225 expected to be completed by May 2020

By Joe VanDeLaarschot

March 1, 2019

From left, Greywolf Partners Director of Business Development Paul Wagner, CEO Joe Wagner and co-owner Denise Wagner flip dirt Thursday morning during the groundbreaking ceremony for the Rincon 225 apartment complex in Hartford. The apartment complex, featuring studio, one, two and three bedroom units, is scheduled to open in the spring of 2020.
John Ehlke/Daily News

HARTFORD — Now the heavy lifting begins.

Thursday morning, city and community development leaders, as well as members of the general public, gathered at 225 N. Main Street for a formal groundbreaking ceremony to mark the start of construction soon on a new 82-apartment complex at the site. Developers and city and county officials have been working on the project behind the scenes for months. The project is being developed by Greywolf Partners, Inc. of Milwaukee and will be called Rincon 225. Rincon means “the corner” in Spanish and is also the maiden name of the mother of Greywolf owner Joe Wagner.

The formal groundbreaking was followed by a short celebration in the Community Room at First National Bank, near the construction site.

The five-story building will be at the corner of Main and State streets, on lots on properties at 23-25 W. State St., 33-35 W. State St., 37 W. State St. and 212 N. Johnson St. on the north end of the downtown area. The building will have 82 apartments, including luxury studio, one-, two- and three-bedroom units. On-site amenities will include heated underground parking along with a bike repair station, dog washing station, community room, coffee bar and outdoor living spaces. Those involved in the project say it will help Hartford leverage its “live, work, play” concept into the community development. Greywolf Partners, Inc. selected Consolidated Construction as the general contractor and Abacus Architects as the design team.

“It will be about two weeks before the old buildings on site are demolished,” said Consolidated Construction Project Manager Rick Davenport. “It will take us about that long to remove all the hazardous materials and cap off the remaining utilities.”

Greywolf Partners Residential Vice President Susan Ipsarides said Thursday’s groundbreaking was a day city and company officials have been looking forward to for a long time.

“We’re really excited. This has been a lot of fun working with the city and the county and a lot of people from there seem very  excited, so that’s fun for us,” Ipsarides said. “Our friends at Consolidated Construction say they expect the building to be completed by May 1, 2020. I’m really proud of being part of this downtown community. I love the location and I think it’s going to add a lot to the local businesses.”

Ipsarides said she believes the apartment complex will be a new alternative for those who choose not to own homes in this community.

“I know some of our local businesses’ human resources departments are very excited to be able to offer some other housing alternatives to employees coming into the community,” Ipsarides said. “They’ve said they’re trying to draw in new, young talent to their businesses and one of the concerns in the past has been ‘where do we live’ that’s close to what’s going on.”

Wagner said he hopes the new apartment building will be a key to more development in Hartford’s downtown.

“There’s been a lot of people working on this project for quite some time, even before Greywolf got involved,” Wagner said. “We did our research and we think the downtown here is more than ready for this type of residential development. We think the industry is here and the workers are already here — it’s going to give them an option to live in downtown. I think it’s a wonderful idea.”

Marilyn Herzberg, president at Greywolf Partners, Inc., said earlier “market research and area business owners are telling community leaders that there is a clear need for new upscale smaller-unit housing. We believe this development in this special downtown location is the right fit.”

Wagner said a big factor for his company is that there’s “a walkability to this project.”

“There’s amenities nearby so the residents can walk to the performing arts center or the museum or to a restaurant. Hartford checked all those boxes,” Wagner said.

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