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A consultant helping the town of Windsor chart a new course for its 3,000-acre Day Hill Road business corridor delivered on Thursday its initial market potential assessment.
Here's a listing of recent luxury home sales in Hartford and New London counties. The data is provided by Evan Berman of the William Raveis Broder Team.
With the value of Hartford’s tallest skyscraper plummeting and its owner allegedly unable to keep up with expenses, the trustee for City Place I’s debt holders is asking a Hartford Superior Court judge to appoint a receiver to take control.
Two retail properties along the Silas Deane Highway in Wethersfield recently sold in separate multimillion-dollar deals.
A professional office building at 7 Taylor Road in Enfield is on the market for $850,000.
West Hartford's Housing Authority, on Thursday, will celebrate a groundbreaking of a $27 million project to transform a shuttered synagogue into 49 apartments following its purchase of the property in December.
Bob DeSantis is bullish about the future growth of data centers.
There were no surprises in 2024, as the Greater Hartford office market performed as anticipated.
Experts expect the pandemic-induced embrace of remote work to continue to weigh down the office market in 2025, but some see reason to hope this trajectory could change.
Demand for Connecticut industrial and logistics space has cooled over the past two years, especially for the enormous warehouses previously desired by nationally recognizable tenants.
Multifamily market experts foresee no letup in housing demand or development interest in 2025, at least under current conditions.
Rising construction costs and financing delays have held up by about two years Hartford developer Carlos Mouta’s massive effort to transform the former Whitney Manufacturing building in the city’s Parkville neighborhood into hundreds of apartments
Downtown Hartford lost hundreds of hotel rooms since the COVID-19 pandemic as owners converted struggling hospitality buildings into apartments.
West Hartford-based jewelry store chain Lux Bond & Green aims to open a new store in the seaside village of Mystic in early 2026 following its recent $2.95 million purchase of a downtown property.
Macy’s stores in Connecticut will survive the latest round of store closures by the department store giant.
General Dynamics Electric Boat recently paid $5.5 million for a nearly 55-acre property in North Stonington, where the Groton-based submarine builder plans to construct a roughly 480,000-square-foot warehouse.
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Connecticut has tried to attract more data centers by creating tax incentives through the state Department of Economic and Community Development.
In 2021, the legislature enacted the Connecticut Data Center Tax Incentive Program, which can waive sales and use, and property taxes for 20 years for data centers that invest at least $200 million ($50 million if located within a state-designated enterprise zone).
The tax exemptions could be extended up to 30 years for investments that exceed $400 million.
So far, Bloomfield-based health insurer Cigna Group is the only company to apply for benefits under the program.
Some states offer additional incentives to promote data center growth, including New York’s ReCharge NY, which subsidizes power for businesses.
Data center operators say Connecticut’s high costs of electricity, real estate and wages make the cost of running a data center less lucrative than in nearby states, even with the current incentives in place.
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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 ...
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