Hartford Business Journal

HBJ030424UF

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26 HARTFORDBUSINESS.COM | MARCH 4, 2024 POWER 50 a phased, mixed-use redevelopment of East Hartford's Founders Plaza office park. The long-term project would add about 1,000 new apartments and 70,000 square feet of commercial space along the eastern bank of the Connecticut River. In January, Lexington unveiled plans for a redevelopment of the Westbrook Outlets by the shoreline into 595 apartments, 1,000 townhomes and nearly 74,000 square feet of retail and entertainment space. Lazowski teamed up with New York-based Shelbourne Global Solutions in 2019 to buy the Gold Building office tower in downtown Hartford for $70.5 million. That's where LAZ Parking is now head- quartered. He also bought a 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. Meantime, LAZ Parking recently announced some major wins. The company said it has won contracts to manage parking services at Denver International Airport and valet services at Duke University Hospital. LAZ Parking operates more than 1.4 million parking spaces in over 4,250 locations in 42 states and 463 cities in the U.S. A lan Lazowski runs one of the largest parking operators in the country from his Hartford office, but his impact stretches far beyond his role as founder and CEO of LAZ Parking. Lazowski is also a major force in real estate development in his home city of Hartford and beyond. He is a part-owner of Lexington Partners, a real estate development firm advancing some of the state's most impactful mixed-use residential and other projects. Lexington celebrated the comple- tion of a 292-unit apartment conver- sion of the former Sisters of St. Joseph of Chambery campus in West Hartford in October. Lazowski is also part of a team of regional business leaders advancing plans for 5 Chris DiPentima C hris DiPentima will have a regular presence at the state Capitol this legis- lative session, advocating for pro-business policies. As CEO and president of the Connecticut Business & Industry Association, DiPentima is the most high-profile leader and lobbyist representing the interests of thousands of businesses across the state. The longtime aerospace executive took over as CBIA's chief executive in 2020, and has settled into the role over the last few years. He's had a positive impact on the organization. That was apparent during CBIA's 2023 Annual Meeting & Reception, which occurred in November at the Hartford Marriott and drew a record crowd of 750 people. In this year's short legislative session, DiPentima said CBIA's policy agenda focuses on govern- ment modernization, competitive- ness and workforce development. The top priority, DiPentima said, is protecting the state's fiscal guardrails that were implemented through 2017's bipartisan budget reforms. They limit the state's ability to spend and borrow money. Following Gov. Ned Lamont's legislative address in early February, DiPentima told HBJ he was encouraged by the governor's commitment to the guardrails. CBIA is also emphasizing the need for new affordable housing in the state, something DiPentima said is crucial for attracting and retaining people to grow Connecti- cut's population and employment base. Before joining CBIA, he was division president of Leggett & Platt Aerospace, which includes Pegasus Manufacturing in Middle- town. The Connecticut native and Durham resident has a bachelor's degree from Boston College and a law degree from Quinnipiac University School of Law. 4 Alan Lazowski

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