Work begins on hotel-to-apartments conversion in Simsbury
Photo | CoStar
The Iron Horse Inn in Simsbury, at center.
A Southington developer began work Monday on an extensive renovation project expected to transform a Simsbury hotel into luxury apartments.
Freedom Property LLC, headed by founder and CEO Luke Florian, is in the process of building 25 apartment units at what had been the Iron Horse Inn, at 969 Hopmeadow St. Plans call for 21 one-bedroom apartments and four studio units, complete with modern finishings and appliances, as well as access to a redesigned grounds and patio.
The overhaul was approved by Simsbury town officials late last year. Northwest Community Bank, which has its main office in Winsted, is providing financing.
According to Freedom Property officials, the new apartment complex will include a resident lounge, outdoor grilling stations and heaters and a parking lot with over 50 parking spaces. Builders are also installing a high-efficiency heater and boiler system that will provide low-cost on-site electricity and reduce the building’s greenhouse gas emissions.
“I find it exciting that a newly renovated and energy-forward property will bring a new living community right to our main street,” Simsbury First Selectman Wendy Mackstutis said in a statement announcing the start of the project. “It’s a great location for residents to take advantage of all that is at their fingertips in downtown Simsbury.”
Unit interiors will feature stainless steel appliances, keyless fob entry, custom tile backsplashes in the kitchens and bathrooms and in-home washers and dryers. Certain apartments will have balconies looking out onto Talcott Mountain.
Similar hotel-to-apartment conversion projects are underway, in various stages, across the Greater Hartford area, as the ongoing COVID-19 pandemic hammers hotel revenues and demand for housing, especially in central Connecticut, remains high.
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