The Hartford Financial Services Group said today it will shut down its Simsbury campus over the next two years and move 1,500 employees to offices in Hartford and Windsor.
The property-casualty insurer will put the 33-acre campus and four-story, 640,000-square foot building and attached data center on the market. In addition, the company will sell an additional, 140 acres immediately north of the main campus.
The Hartford purchased the building in 2010 for $46 million, according to a search of town records by my colleague Nick Rondinone.
The property was developed for The Hartford in the mid-1980s, but until 2010, the insurer didn’t own the building, just the land where it was located.
The Hartford told me today the decision comes as the Hartford-based insurer continues to consolidate its office locations. In recent years, it has closed and consolidated offices in Southington and Farmington.
The Hartford recently completed the sale of three business units, reducing the number of employees in Simsbury.
“We selected Hartford because it has been the company’s home for more than 200 years, and we have ample space here for employees,” Shannon Lapierre, a spokeswoman for The Hartford, told me. “We selected our Windsor facility because of size, layout, technology features and energy efficiency. It’s the right fit for the current and future needs of our business.”
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7 Responses to The Hartford To Shutdown Simsbury Campus, Sell Property
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Glad to hear The Hartford will maintaine its presence in the city. They are an important part of Hartford’s business community.
hahahahaha. not long ago they were all bragging how the new cubicles at the Simsbury campus were such state of the art. I applied for jobs there for like 10 years even went to the VA career fair multiple times and they were there still never got an interview. Make one phone call to my aunt who works there and I get 3 interviews in my chosen departments in a week. That shit hole is the very definition of unprofessional. I have little pitty for people getting lay offs who attained their positions through nepotism to begin with. I also love how the stupid public spokesperson says exactly what they are told to say like a puppet.
Wake up. Maybe it’s you, not them. Unprofessional because you got an interview through your aunt? Let me guess…you didn’t get the job. Bitter?
06070 was a popular zip code with hig execs in the 80′s. But now everyone works from home, about 7900 miles west of there.
What does this closing tell you…like Pratt & Whitney…contraction. CT is not the place where company’s grow…
It’s not Connecticut, it’s the corporations, Topper. You ‘baggers will always blame anyone but the profiteers and pirates. What did your mother do to you?
Keep it civil