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July 18, 2024

Windsor Locks officials support 250,240-square-foot warehouse project; tax relief possible

Michael Puffer | Hartford Business Journal (Left to right) Silverman Group President Blake Silverman, Windsor Locks First Selectman Scott A. Storms and Silverman Vice President of Leasing Toby Nelson and at the site of a new 250,240-square-foot warehouse/logistics center under construction at 30 Hamilton Road in Windsor Locks.
By Michael Puffer

A 250,240-square-foot distribution center under construction next to Bradley International Airport in Windsor Locks is getting a full-throated welcome from local officials, who will also shortly be considering property tax relief for the $25 million development.

During a ground-breaking ceremony on Thursday for the project at 30 Hamilton Road, Windsor Locks First Selectman Scott A. Storms assured company officials of his support. 

“We are looking for partners who are going to move in and help us make this community the best it can be, and if we can assist, we would love to do that,” Storms said. 

He ticked off a list of expensive municipal infrastructure projects either underway or shortly to launch, including a new senior center, police station and firehouse. This new development and others like it could help absorb the resulting tax burden from needed infrastructure upgrades, he said.

Silverman has not yet identified a tenant for the project, which began in early June. Completion is expected around the turn of the first quarter in 2025.

Based in New Jersey, Silverman is a national investment and development firm. SL Industrial Partners, an arm of the company, oversees leasing and management of 25 million square feet of industrial space across 20 states and is pursuing 15 million square feet of new construction in nine states.

This latest warehouse will have 43 loading docks, two 10- by 14-foot drive-in doors and a 36-foot-high ceiling, as well as 149 parking spaces and 43 trailer spaces. The development is in the Bradley Airport Development Zone, which provides tax benefits and incentives for potential tenants, including a five-year, 80% abatement on local property taxes on qualifying real estate, machinery and equipment. The building is designed to accommodate up to three tenants.

The development is on a portion of a 40-acre property Silverman purchased from aerospace company Hamilton Sundstrand Corp. for $1.9 million in late 2021. That property came with a 199,000-square-foot, two-floor industrial building in late 2021. Silverman continues to seek a tenant for the former Sundstrand building.

Silverman Group President Blake Silverman said he is confident of finding a tenant, or tenants, before the new warehouse is completed, given the continuing strong demand for logistics space in northern Connecticut.

Silverman also praised the receptiveness of local officials and responsiveness of town staff. He acknowledged the company will see property tax relief, which will be passed along to prospective tenants.

Toby Nelson, Silverman’s vice president of leasing, described interest in industrial property as “steady.”

“But there is a lack of product right now, so we feel like we are in a good environment right now to land a tenant, or tenants,” Nelson said. 

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