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October 8, 2019

Metro Realty eyes $2.4M medical-office building in Rocky Hill

Rendering | Metro Realty Group A rendering of Metro Realty’s proposed medical building in Rocky Hill.

One of Connecticut’s largest medical office developers wants to build out a vacant parcel fronting Route 3 in Rocky Hill.

Farmington-based Metro Realty Group is looking to invest $2.4 million to construct a 16,200-square-foot, one-story medical building on a 1.6-acre parcel at 476 Cromwell Ave., according to town records.

The site is the remaining open acreage of West Elm Office Commons.

West Elms is owned by Mehlich Associates of Poughkeepsie, N.Y. Metro intends to purchase the vacant 1.6-acre parcel, pending the approval of a special permit.

The Planning and Zoning Commission will hold a public hearing Oct. 16 on the project.

Metro has been in talks with town officials about the project since May, and was successful in its pursuit of a five-year tax abatement for the project, approved back in July.

The abatement gives the owner a break on 50 percent of the increased assessed value of the parcel, which is expected to rise from $490,000 to $1.2 million after the project is complete. It amounts to expected savings of about $27,000 a year for Metro, according to officials.

Metro’s medical portfolio includes more than 400,000 square feet of medical office space. The company is responsible for much of the medical office development along Farmington Ave. in Farmington, near UConn Health’s campus, over the past 15 years.

That includes 505 Farmington Ave., a 63,500-square-foot building completed in 2013 and occupied by Connecticut Children’s Medical Center.

Mehlich, which has properties in Connecticut, Massachusetts and New York,  also owns Brittany West Plaza in New Britain and Meadowview Plaza in Ellington, according to its website.

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