Hartford Business Journal

HBJ072224-UF

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8 HARTFORDBUSINESS.COM | JULY 22, 2024 DEAL WATCH | BUYERS & SELLERS Project will convert historic Bristol building to self-storage, retail A building at the corner of Main and Prospect streets in Bristol's Main Street Historic District will be renovated into self- storage and office or retail space following approvals by the town Zoning Commission. The four-story brick building at 238 Main St. and 13 Prospect St. is actually two historic buildings that are connected. The Main Street side, known as the Linstead Block, was erected in 1885 by William Linstead; the Prospect Street side, known as the Funck Block, was erected in 1889 for C. Funck & Son, a furniture company that also made coffins, according to historicbuildingsct.com. The property was acquired by Carrier Construction Inc. of Bristol in January 2023 for $940,000 from Bristol Hospital. Carrier will convert what the owners describe as a "historically underperforming" office building into 376 climate-controlled storage units, as well as space for retail and/or commercial offices. Gino Carrier, president of Carrier Construction, said his company initially acquired the building with the intent to create apartments. "My first thought was apartments, but we were going to have to invest too much money into this old building — around $12 million to $15 million," Carrier said. "We could have done 50 apartments, but the cost didn't make sense." After rejecting that idea, he said his father suggested a self-storage facility. "To me that was a no-brainer," Carrier said. "The downtown area now is growing so much, people will need storage." The historic building at 238 Main St. and 13 Prospect St., in Bristol. Home Sales Here's a list of recently sold luxury homes in Connecticut. Sale price Address Town Full/half baths Beds Square footage Days on market $4,000,000 61 Island View Ave. Branford 4 5 4,942 42 $3,100,000 225 Deercliff Rd. Avon 9 4 9,541 338 $2,850,000 38 E. Shore Ave. Groton 6 4 5,420 2 $2,575,000 35 Seaview Ave. Madison 4 5 3,376 12 $1,720,000 17 Hilltop Dr. Madison 4 5 3,510 104 $1,700,000 20 White Pine Ln. West Hartford 6 5 5,002 22 $1,600,000 51 Buck Hill Rd. Madison 7 5 4,994 105 $1,535,000 896 Prospect St. Hamden 4 4 4,372 101 $1,530,000 1 Yowago Ave. Branford 5 4 4,742 87 $1,475,000 132 E. Shore Ave. Groton 3 5 2,378 50 $1,450,000 7 Caleb Ct. Guilford 5 5 5,310 3 $1,450,000 43 Lord Davis Ln. Avon 7 6 7,337 6 $1,400,000 32 River Road Dr. Essex 5 4 4,961 4 $1,400,000 45 Main St. East Haddam 3 3 2,372 33 $1,350,000 678 Wolcott Rd. Bristol 4 4 4,380 8 $1,310,000 408 Deercliff Rd. Avon 4 4 4,672 22 Credit: Data provided by Evan L. Berman of William Raveis Broder Team. Contact him at evan@brodergroup.com. ROCKY HILL Infrastructure design firm HNTB has expanded its Connecticut office to accommodate growth. The employee-owned company, headquartered in Kansas City, recently leased an additional 2,000 square feet of space in an office building at 55 Capital Blvd., in Rocky Hill. The expansion will accommodate a 50% increase in the number of Rocky Hill office employees over the last year, the company said. The expansion also provides more space for collaboration and a centralized location for conference rooms. "The Connecticut office has grown significantly in the past few months," said Jacob Argiro, HNTB Connecticut office leader and vice president. "We've attracted talent from all over to come work on some of the most critical transpor- tation projects in the state." HNTB said it's seeing increased demand for its services, which include advising on transporta- tion projects, financing, design, construction, community outreach and ongoing operations. HNTB has more than 70 offices across the U.S., and more than 7,000 employees. HARTFORD The former Hartford Medical Association building near Albany Avenue in Hartford's West End could soon be replaced by a 68-unit apartment building under a proposal before city officials. Engineer Gareth Wilson, of consultant BL Companies, recently submitted a wetlands application to replace the medical association building on 3.78 acres at 230 Scar- borough St., with a 25,635-square- foot apartment building. The property last sold for $425,000 to Anisha LLC, whose principal is Matthew Dean Haubrich, of West Hartford. BL prepared the development plans for Anisha LLC, according to documents submitted to the city. MIDDLETOWN A New York-based attorney is looking to renovate two historic buildings in the heart of Middletown into hotel space and a restaurant. Peter Brill, of the Brill Hospitality Group Inc., has proposed to create hotel space and a restaurant at 11 and 15 South Main St. The 6,500-square-foot building at 11 South Main was most recently used as a medical office. The 15 South Main property is vacant and has less than 2,000 square feet of space. Each building will undergo extensive renovations and addi- tions, creating an 18-room hotel at 11 South Main, to be known as "The Doug Hotel." The building dates back to 1830. The 15 South Main property, built in 1700, will become a two-room hotel with a bistro-style restaurant known as "The Pewter House @ The Doug." PHOTO | COSTAR

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