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August 27, 2019 Deal Watch Today

LAZ eyes Gold Building relocation in Dec.; micro hotel considered for Lewis St.

HBJ Photo | Joe Cooper Hartford’s Gold Building sold last year for $70.5 million.

LAZ Parking, whose owner participated in last spring’s $70.5 million purchase of downtown Hartford’s iconic Gold Building, is looking to relocate to its new home after Thanksgiving.

LAZ co-founder and CEO Alan Lazowski said Tuesday interior demolition is finished and reconstruction is underway on LAZ’s new office-headquarters space on all of the 14th and half of the 13th floors -- about 35,000 square feet in all.

Lazowski and Shelbourne Global Solutions LLC in May closed on the 26-story, glass-sheathed tower, known as One Financial Plaza, 755 Main St., from Talcott Realty Investors. It contains approximately 660,000 square feet and has an adjoining 1,140-space parking garage fronting on Pearl Street.

Some 200 LAZ employees will relocate from their present 30,000 square feet of space on multiple floors at 15 Lewis St., overlooking Bushnell Park, he said.

LAZ Parking currently occupies multiple floors at 15 Lewis St. in downtown Hartford.

Meanwhile, Lazowski said he continues exploring other uses for his 15 Lewis St. building, including its conversion to 68 mostly studio- and one-bedroom apartments. The Hartford Business Journal is a tenant.

He said he also is exploring transformation of the building into a “micro-hotel,’’ one with a rooftop bar-restaurant venue. A trend growing in cities like New York, micro hotels offer overnight spaces that are smaller, and cheaper, than typical lodging rooms.

“That is something that would be very exciting for downtown and the city,’’ Lazowski said.

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