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New York Developer Avner Krohn’s effort to build a new 100-unit apartment building on the former site of the Strand Theater in New Britain is getting a $4 million boost from Gov. Ned Lamont.
Krohn’s development is one of eight Connecticut projects that will share $23 million from the latest round of the Connecticut Communities Challenge Grant program, according to an announcement issued Thursday.
One of Lamont’s signature economic development initiatives, the grant program aims to leverage private investment in projects that increase vibrancy and vitality. The program aims to invest more than half of funds in distressed communities.
In addition to the Strand grant, the latest grants include:
The Connecticut Communities Challenge Grant program has awarded more than $95 million for projects in 21 cities and towns, facilitating the creation of more than 2,300 housing units, 300,000 square feet of office, retail and restaurant space, and at least 12 new public space projects, according to the state.
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The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
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