July 18, 2018

Hartford selects lone bidder for $200M DoNo development

Photo | HBJ File
Photo | HBJ File
Downtown Hartford's minor-league ballpark is flanked by underdeveloped parcels the city owns and has re-offered for commercial development.
PHOTO | CONTRIBUTED
A breakdown of DoNo properties.

City leaders announced Wednesday the selection of a Stamford-based landlord-developer to redevelop four vacant lots in downtown Hartford's northern section flanking Dunkin' Donuts Park.

RMS Cos., the owner and operator of the Goodwin Hotel in downtown Hartford, was the sole bidder for transforming the mostly commuter parking acreage adjacent to the baseball stadium -- an area known to many as Downtown North, or DoNo -- into a mix of residential and commercial spaces.

The $200 million project will be funded mostly with private funds, officials said.

RMS Principal Randy Salvatore will lead the development.

A contract agreement has not been inked between the city and the developer as the city council will continue reviewing the plans over the coming months.

In Nov. 2017, the city issued a request for proposals to redevelop the approximately 20 acres bounded by I-84 and Main and Windsor streets.

"RMS has a sound reputation, a strong track record, and a serious plan for development, and our discussions thus far have been productive and positive," Hartford Mayor Luke Bronin said. "We will continue to do our due diligence and work to negotiate a responsible agreement for the development of these key parcels, and we look forward to involving the community directly as the process continues."

RMS has been busy developing and managing properties in Connecticut. Last year, the group renovated and reopened 124 luxury guest rooms at Goodwin Hotel. In Stamford, RMS built UConn's housing for up to 300 students at 900 Washington Blvd.

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