Hartford Business Journal

26 HARTFORDBUSINESS.COM | FEBRUARy 20, 2023 2023 POWER 50 Late last year he led the debut of Hartford HealthCare's new 110,000-square-foot headquarters at 100 Pearl St., which will eventually house 700 employees, providing a major shot in the arm for the Capital City. Flaks has emerged as one of Hartford's top boosters. "This building is about starting a movement in Hartford and for the Capital City to be successful," Flaks said during a ribbon-cutting event. Flaks, who has been with HHC since 2004, has helped oversee a gradual transformation of the system into a much larger and decentralized organization focused on bringing more care into communities across the state. Efforts to coordinate that care statewide are centered in Hartford, at HHC's new downtown headquarters, which serves as a node for sched- uling, imaging, electronic health records and other technology in one location. Flaks oversees a statewide health system that recorded over $5 billion in operating revenue in fiscal 2021, which represented 28% of the operating dollars collected by all Connecticut health systems combined. While he's only been CEO for a few years, he played a key role in helping build-out the HHC system. HHC is the second-largest health system in Connecticut, behind Yale New Haven Health. With its purchase of St. Vincent's Medical Center in Bridgeport in 2019, HHC made a big play in Fairfield County, investing millions to reno- vate the aging facility. It's also been aggressive in purchasing physician practices. A key focus for Flaks in the last year has been developing technology partnerships. In December, HHC and Connecticut Innovations announced a partnership to support 20 new startups that will have a presence at Hartford HealthCare's new down- town headquarters over the next few years. HHC also signed a five-year deal with Google Cloud. The partnership will allow HHC to store the health data of more than 1 million patients in the Google Cloud and allow for advanced analytics enabling doctors to potentially better predict patient treatments and outcomes. Hartford HealthCare also partnered with an MIT professor to launch a new company aimed at reducing patient hospital stays and improving emergency department backups through data analytics. Jeffrey Flaks I t's no secret that many companies have downsized their downtown Hartford presence in recent years amid the growing acceptance of remote and hybrid work. Hartford HealthCare CEO Jeff Flaks has taken the opposite approach. San Francisco. Lazowski has also been focused on trying to establish partnerships with innovative transportation technology companies in order to broaden the appeal of his parking lots. In November he announced a partnership with Avail, a car-sharing company that initially launched services at 20 LAZ locations across Chicago and Denver. The partnership allows monthly parking subscribers to earn supple- mental income by sharing their vehicles at a commercial garage. Besides his parking business, Lazowski has increasingly gotten into real estate development and invest- ment in Hartford. He teamed up with New York landlord Shelbourne Global Solutions LLC in 2019 to buy the Gold Building for $70.5 million, and is a partner, with developer Martin Kenny, on an ongoing $100-million redevelopment of downtown's Pratt Street corridor. Lazowski and Kenny also acquired a 50% ownership stake in four large Class A apartment buildings in downtown Hartford, known as the Spectra apartments. They contain a combined 554 mostly market-rate apartments. Lazowski has said that he thinks there is room for several thousand more new apartment units down- town, possibly even conversion of one of the city's large Class A office towers. Lazowski said he is also hoping to see state support for some form of financial incentives to bring new office tenants to Hartford, which has suffered as companies continue to embrace remote work coming out of the pandemic. Alan Lazowski A lan Lazowski is argu- ably Hartford's most influential businessman. He is the CEO and founder of LAZ Parking, one of the largest parking operators in the United States that's spent the last year expanding its footprint nationwide. It's won new contracts in recent months to manage parking facilities in some of the U.S.' largest, most influential cities including Boston and 4 5

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