Hartford Business Journal

February 22, 2021

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6 Hartford Business Journal | February 22, 2021 | HartfordBusiness.com "It's not a massive building, it has kind of a boutique hotel feel," said Krohn, who has been one of New Britain's more active developers in recent years. Krohn and Zelman declined to disclose the project price tag and said it was too early to reveal asking rents. They did say Wash Brook will offer six different unit layouts at market rates, ranging from studios up to three-bedrooms. The development is targeting young professionals and empty- nesters alike. There will be a gym, yoga studio, pool, pet grooming stations, golf and sports simulator, bicycle storage, shared office area, covered parking ports, electric vehicle chargers, a smart door access system, and other amenities. "I don't think you can build 111 units that are higher end and not have those things or else your competition knocks you out," Zelman said of the planned amenities. "It's kind of a given that you have to have them." The developers applied for and received town approvals for the project last year after the COVID-19 pandemic struck Connecticut. The coronavirus had minimal impact on the project's design, though Zelman and Krohn made sure to include nooks or other spaces inside the apartments that can be used as workstations for tenants who telecommute. They also beefed up the size of the shared business center on the ground floor. The two hope that when units begin leasing by the summer or fall of 2022 the pandemic will be in the rearview mirror. "It's about a 15-month timeline from Deal Watch 100 Marketing Way Type: Manufacturing/R&D/Office 185,318 sq. ft Listing price: $10.5M Current owner: Kevin Armata Listing Broker: Frank Amodio, 860-982-0174, | frank@amodio.com On The Market PHOTO | CONTRIBUTED Town Spotlight: Bloomfield Bloomfield's Key Demographics Population 20,508 Median age 50 Median household income $73,593 Unemployment rate 7.9% Major employers Cigna, Kaman & World Class Distribution Actual mill rate 35.01 Grand List $2.4B Median home sales price $220,153 Avg. rent $1,250 Source: AdvanceCT By Matt Pilon mpilon@hartfordbusiness.com W ith local approvals and a branding plan in hand, developers Avner Krohn and Brian Zelman are set to break ground this spring on a 111-unit upscale apartment complex on Jolley Drive in Bloomfield. Krohn, of New Britain's Jasko Development, and Zelman, of West Hartford's Zelman Real Estate, said in a recent interview that they've named the project The Residences at Wash Brook, after one of several nearby brooks at the 20-acre site Spring groundbreaking set for 111-unit upscale apartment development located midway between Routes 178 and 218. While the two partners have worked together in the past, including on a recently completed Jolley Drive medical building, Wash Brook is their first multifamily collaboration. Fresh project renderings show a two-story atrium with a mezzanine just inside the entrance to the four- story building. Brian Zelman Renderings of the two-story atrium and mezzanine and lounge area planned for the Residences at Wash Brook in Bloomfield, which the developers hope will be constructed by the second half of 2022. the start of construction, so we're kind of anticipating that things will be different or, I hate to say, 'back to normal' when we start tenanting the building," Zelman said. Windsor Marketing Group was once a promising and growing Connecticut-based advertising company that was supported by a state grant, but its business hit the skids a few years ago, eventually forcing it to file for bankruptcy in 2018. The business, which employed more than 100 people at one point, has since closed down, and its former 185,318-square-foot Suffield headquarters at 100 Marketing Drive has been on the market for nearly a year. The vacant property — owned by Windsor Marketing Group founder Kevin Armata — is currently listed for $10.5 million, according to CoStar, but it may soon have a new landlord. According to listing broker Frank Amodio the building is under contract with a manufacturer. He declined to provide further details. The property, which was built in three phases starting in 2005, has been marketed as a "modern high- bay warehouse, manufacturing, R&D, flex office" space. It includes 20 loading docks and three drive- in doors. It's also near Bradley International Airport. PHOTO | CONTRIBUTED RENDERINGS | CONTRIBUTED New Britain-centric developer Avner Krohn has branched out to Bloomfield for his latest project, a 111-unit upscale apartment community called The Residences at Wash Brook, co-developed with Zelman Real Estate.

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