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A proposed construction project would convert the former Hartford Marriott Farmington into a mixed-use apartment building featuring a new restaurant and function hall space.
CLP Farmington LLC bought the three-story building for $10.5 million, with the intention of converting it into 224 units of market rate studio, one-, two- and three-bedroom luxury apartments, said Jason Schlesinger, a principal at developer CLP Farmington LLC.
"We want to appeal to the folks that work in these large corporations," said Schlesinger, who noted the location's proximity to companies like Raytheon Technologies Corp. and UConn Health. "We think that this product with all the amenities that we're going to produce will be very attractive to them."
Under current plans, units would be mostly studio and one-bedrooms, and would include stainless steel kitchen appliances, in-unit laundry and an upgraded fitness center, Schlesinger said. Rents for studios, one-bedroom and two-bedroom units would go for about $1,100, $1,500 and $1,800 per month, respectively.
CLP Farmington filed an application with Farmington for a zoning change that would be required, Schlesinger said. If the town approves, he hopes to start renting out units next spring.
If the project moves forward Meriden-based La Rosa Construction Co. will serve as construction manager, and Hamden-based Silver Petrucelli & Associates will handle design and architecture, Schlesinger said.
In addition to the residential units, the new building would include a restaurant featuring indoor and outdoor dining, and 13,000 square feet of meeting/function space, both of which would be open to the public.
New York-based commercial real estate lending firm Maxim Capital Group, the project's sole lendor for the project, loaned $20 million for the purchase and renovations.
Schlesinger didn't have a cost estimate for construction.
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