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.
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.