Below is another article about demographics and other real estate trends that builds on the research of Arthur C. Nelson. It came to my attention after being posted by City of Hartford COO David Panagore. This continues on the themes of Mr. Condon’s piece from Sunday and our take on specific neighborhoods that may benefit from the market shifts. I’ll be honest, I couldn’t get through the whole thing in the first sitting, but when
This Sunday’s Hartford Courant had an interesting piece by Tom Condon titled “Subdivisions On Way Out?” It is definitely worth a read if you were focused on other things yesterday, like spending time with your mother or enjoying the beautiful weather. The basic thesis is that a confluence of trends will lead to more large houses for sale in the suburbs than buyers who will be interested in purchasing them. Supply will come from the
We hope to do some more in-depth pieces about the various neighborhoods in Hartford this year. Until we get to that, here is a nice article from the Courant’s Tom Condon about happenings in Frog Hollow.
The City of Hartford is seeking development proposals for 8 city-owned blocks of property. The sale overview notes that the goal is to develop and/or revitalize the properties in accordance with the guiding principles of the One City, One Plan planning document. We’re excited that the City is taking steps to get these parcels into the hands of developers. If all goes according to plan, the future projects will not only improve the various neighborhoods,
The Governor announced today that the Front Street development in Downtown Hartford has signed its first tenant, Cinema Grill. That’s right, the Governor made the announcement. Must be important for Hartford, right? This is a major step forward, as Cinema Grill, a movie theater and dining complex, will occupy a little over a third of the available Front Street space- 22,500 square feet. Hopefully this announcement will propel others to fill the remaining space in