State Closes On First Of Two Office Buildings For Consolidation

by Categorized: Commercial Construction, Hartford Redevelopment Date:
The state has closed on purchase of 55 Farmington Ave. in Hartford's Asylum Hill. Photo by Kenneth R. Gosselin/kgosselin@courant.com

The state has closed on purchase of 55 Farmington Ave. in Hartford’s Asylum Hill. Photo by Kenneth R. Gosselin/kgosselin@courant.com

The state has closed on the purchase of the first of two, Hartford office buildings where the state intends to consolidate state workers.

The $18 million purchase of the 12-story, 287,000-square-foot tower at 55 Farmington Ave. in Asylum Hill closed Tuesday, state officials said today. The office building was sold by The Hartford Financial Services Group, which is consolidating office space as the insurer’s workforce shrinks.

Financing for the purchase, plus another $19.5 million for renovations, has been approved by the State Bond Commission.

The state expects to close on the second office building — the twin-towered Connecticut River Plaza this summer, state officials said.

Office workers at the state-owned 25 Sigourney St., Hartford are expected to move to 55 Farmington Ave. Photo by Kenneth R. Gosselin/kgosselin@courant.com.

Office workers at the state-owned 25 Sigourney St., Hartford are expected to move to 55 Farmington Ave. Photo by Kenneth R. Gosselin/kgosselin@courant.com.

The state plans to begin moving into 55 Farmington Ave. next year, most likely transferring workers from the  20-story, state-owned building at 25 Sigourney St.

In the past decade, the state has spent millions to try to fix water leaks and mold troubles, with mixed success. A portion of its crumbling parking garage was shut down last year.

The occupants of the Sigourney Street building include the departments of Revenue Services and Social Services.

 

 

 

 

 

The Courant is using Facebook comments on stories. To comment on courant.com articles, sign into Facebook and enter your comment in the field below. Comments will appear in your Facebook News Feed unless you choose otherwise. To report spam or abuse, click the X next to the comment. For guidelines on commenting, click here.

2 thoughts on “State Closes On First Of Two Office Buildings For Consolidation

  1. sue

    And the CORRUPTION GOES ON. If you have a building you can’t sell pay off our CORRUPT politicians and the state will bail you out. Remember Weicker he bought the building near the steam plant off I-84 from Aetna and now it will be torn down because the windows have leaked for decades. Rowland bought a building from colonial realty on Washington Blvd which was torn down and what’s in its place a parking lot. Yes the CORRUPTION GOES ON AND ON AND ON IN THIS CORRUPT STATE

Comments are closed.