January 22, 2018 1 COMMENTS
Deal Watch Today

Goodwin College plans $10.5M manufacturing annex

A rendering of Goodwin College's planned $10.5 million, 15,340-square-foot manufacturing annex in East Hartford.

Goodwin College is about to launch the latest phase of ambitious development at its East Hartford campus, including a new annex devoted to training in manufacturing technology.

With all necessary town and state permits and approvals in hand, Goodwin and its general contractor are preparing to go to bid soon for building materials and subcontractors to erect the $10.5 million, 15,340-square-foot manufacturing annex, said Todd Andrews, the private college's vice president of economic and strategic development.

As planned, annex construction will begin in March, with completion set for about a year later, Andrews said. When it opens, the Goodwin campus will boast 75,340 square feet of manufacturing-training space.

Meanwhile, Goodwin hopes to close within 90 days, he said, on its purchase-option for a pair of buildings on 8 acres adjacent to its campus, that are leased from United Technologies Corp. The manufacturing annex would sit on the site. Price wasn't disclosed.

The pair house the college's business and manufacturing centers. Goodwin recently spent $3 million to $4 million, Andrews said, upgrading their mechanical systems and installing lab and classroom space devoted to instruction in robotics, computer-numerically controlled machining and welding.

Goodwin is responding, Andrews said, to mounting demand from Connecticut and New England manufacturers for more workers rooted in technology. The college is a training and re-training bed for young and older adults eager to start, or advance in, technology careers.

Goodwin is home to two high schools whose curricula center around technology. It also is home to a pre-kindergarten through grade 5 school.

Goodwin has invested about $250 million developing in the last decade its 56-acre campus astride a former oil-tank farm, fronting the Connecticut River and Route 2.

Eventually, the college plans more campus development, valued overall at roughly $125 million, including a 60-slip marina and buildings to house a hotel and other commercial-retail tenants. Those plans are contingent on a number of factors, including possibly attracting a joint-venture partner to the project, Goodwin President Mark E. Sheinberg said.

Moreover, the college owns more than 200 units of housing, mostly on the opposite side of Route 2, that it rents to students and local residents, school officials said.

Goodwin already is looking for ways to increase the density of student and other housing on its acreage, Andrews said.

Comments

Lawrence

01/25/18 AT 08:44 AM
Built with the help of a $3.75 million state grant from DECD. Don't forget about that part.
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