An 82-unit apartment complex will be in downtown
Hartford. The sale of the land at State and Main streets
was finalized for $1.
HARTFORD — It may seem like a
small price, but the Common Council has approved one big, and final,
step in the city’s portion of the process for development of a new
82-unit apartment complex, Rincon 225, adjacent to downtown.
Tuesday night, as part of an earlier approved developer’s agreement
between the city and Grey Wolf Partners Inc. of Milwaukee, Hartford
formally agreed to sell the property to the developer at a cost of
just $1. The five-story building is being built at the corner of
Main and State streets, on lots on properties at 23-25 W. State St.,
3335 W. State St., 37 W. State St. and 212 N. Johnson St. on the
north end of the downtown area.
“Since we ended up purchasing all of the properties, we completed a
certified survey map of lot-1 for the developers and of lot-2 which
the city will retain for an improved parking lot,” said City Planner
Justin Drew. “It’s the proper time to turn the lot over to the
Drew said the developers are expected to close on the loan for the
project next week.
“This should be the last step the council should have to make
regarding the Rincon 225 project,” Drew said. “The Plan Commission
earlier this week recommended approval of this.”
Demolition of the several buildings on the construction site was
started in April and completed just a few weeks later. Since then a
considerable amount of site work has been underway.
'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,“ Grey Wolf Partners
Residential Vice President Susan Ipsarides said earlier.
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.”
Two workmen on April 7 supervise as heavy machinery
clears more of the buildings that were demolished to
make room for the Rincon 225 apartment complex that will
be built near the intersection of State and Main streets
in Hartford’s downtown.
Key to unlocking more downtown
Grey Wolf owner Joe Wagner said he hopes the new
apartment building will be a key to more development in
“There’s been a lot of people working on this project
for quite some time, even before Grey Wolf 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
“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
<<EARLIER: Ground broken for downtown Hartford apartment