Brisk demand for 92 apartments in converted West Hartford convent
HBJ PHOTO | MICHAEL PUFFER
Martin Kenny, owner of Hartford-based Lexington Partners, inside the former sanctuary at the Sisters of St. Joseph convent property in West Hartford.
Renters are snapping up the apartments in the converted, century-old Sisters of St. Joseph of Chambery convent in West Hartford, the first phase of a roughly $70 million, 292-apartment redevelopment of the 22-acre campus.
“We opened the first phase May 1, and now we have 42 leases of 92 available units,” said Martin Kenny, owner of Hartford-based Lexington Partners, which is managing the “One Park” project. “We anticipated demand, but to have that kind of traction… Usually, if you do 15 or 20 units per month, it’s a good day. So, now to be at 40 one month out is pretty exciting.”
Lexington is pushing to finish an adjacent 200-unit building in July or August, Kenny said. He had earlier anticipated completion by the end of June. Kenny blames supply chain woes, an issue that has meant delays for many developments around the state.
Kenny is partnered in the project with his longtime friend and recurring investment partner Alan Lazowski, head of the Hartford-based LAZ Parking empire. Avon-based Corridor Ventures is a principal investor in the project.
Studio apartments in the convent are renting for $1,590 to $1,815 a month; studios with lofts at $2,525 to $2,575.
One-bedroom apartments are renting from $1,800 to $2,445 a month. One-bedroom apartments with lofts are renting between $3,200 to $3,400 a month. And two bedroom units are renting from $3,035 to $3,315.
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