HARTFORD — The Hartford plans to move 700 workers from its Simsbury offices to its headquarters on Asylum Hill, the company said Wednesday.
The insurer also confirmed it plans to spend at least $140 million in renovations, already underway, at its Hartford campus.
The renovations will not involve adding space. The Hartford Financial Services Group said its existing office space can accommodate an additional 700 workers.
As part of the move, the company said, the city of Hartford is considering a tax abatement.
The shifting of workers from a Farmington Valley town to the city of Hartford was part of a larger real-estate strategy first announced in February 2013. At the time, The Hartford announced it would close its Simsbury campus, one of its three primary locations in Connecticut, along with Hartford and Windsor.
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