Hartford Business Journal

www.HartfordBusiness.com July 20, 2015 • Hartford Business Journal 5 Ryan R. Morrissey Wealth Advisor Ryan R. Morrissey serves clients through holis c financial planning, disciplined investment strategies, and proac ve personal service. A er gradua ng from the University of Delaware with a degree in Economics and beginning his career with Morgan Stanley — where he spent nine years as Financial Advisor — Ryan realized he could be er serve his clients by being an independent Financial Advisor. In 2009 he became affiliated with Northstar Wealth Partners, opening his office in North Haven, CT where he con nues to pursue his passion for helping his clients work towards their financial goals and live their dreams. His key to success is the personalized one-on-one me he spends with each client to make sure they and their families are in the best possible financial posi on. Chart your course with advisors who care deeply about realizing your vision of success. At Northstar Wealth Partners, we help guide our clients on their chosen path, whatever life has in store. In the end, we form a bond with our clients that goes well beyond the strategies we develop and help to implement. Our clients and their families become part of our story and our path to maintain a prudent, client-focused organiza on that operates with honesty, integrity and the belief that everyone has the ability to define their own success. See what we offer our clients as they manage their businesses, prepare for re rement and grow their assets. Contact us today: 888-886-7737 | NorthstarWealthPartners.com www.northstarwealthpartners.com/meet-our-team Choose Your Destination We'll help you stay the course Advisor Profile Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Northstar Wealth Partners, a Registered Investment Advisor and a separate entity from LPL Financial. Old Saybrook West Har ord Glastonbury North Haven Fairfield PDS has been meeting the needs of the construction industry since 1965. Our dedicated team of design and construction professionals welcomes the challenge of serving its past and future customers on their most demanding projects. 107 Old Windsor Road, Bloomfield, CT 06002 (860) 242-8586 | Fax (860) 242-8587 www.pdsec.com DESIGN BUILDERS • GENERAL CONTRACTORS • CONSTRUCTION MANAGERS SPOTLIGHT ON: Education Global Communications Academy | Hartford, Connecticut PDS served in the role as Construction Manager at Risk for this LEED Gold K-12 School. This project was a two story renovation and addition project. Demolition and remediation occurred to 110,000 square feet of the building. An addition of 23,000 square feet was also completed. The entire project included new classrooms, kitchen, cafeteria, gymnatorium, multipurpose rooms, exam rooms, and offices. Project Size: 133,000 SF PDS ENGINEERING & CONSTRUCTION, INC. THINK • PLAN • BUILD REPORTER'S NOTEBOOK New England planning $4.8B in power grid upgrades Regional power grid administrator ISO New England is planning $4.8 billion in transmission infrastructure upgrades that will be underway or complete by 2023, bringing the total investment in the reliabil- ity of the system to $12 billion since 2002. Transmission project upgrades are a relatively new way to improve electricity usage in New England, having been seen 15 years ago as an alternative to building new power plants to make sure electric supply meets demand. Transmission projects pro- vide better linkages between large power generators and large power users. New England has 210 transmission reli- ability projects proposed, planned or under construction, along with the 25 projects already in service. Another five still are in the conceptual phase while 14 proposed projects have been cancelled. The major transmission projects pro- posed for Connecticut are the $357 mil- lion plan for Greater Hartford and Central Connecticut and the $430 million plan for Southwest Connecticut. Both projects were approved in April but have not yet advanced to the construction phase. The main goal of these transmission projects is to improve power grid reliability, although they can put downward pressure on electricity rates by allowing the grid to oper- ate more efficiently. However, the utilities that install them pass along the cost to ratepayers. These developments do not include trans- mission projects designed to bring more renewable energy into New England, such as Eversource Energy's $1 billion proposal to build a transmission line in New Hamp- shire to tap into Canadian hydropower. — Brad Kane City parking agency's new downtown digs? The Hartford Parking Authority, in the market for a new home since selling the Morgan Street garage to the state, is close to landing new quarters at 11 Asylum St., in the heart of downtown. New York landlord Yisroel Rabinowitz, 11 Asylum's owner, says the city's public- parking arm got the last of its necessary administrative approvals to vacate its 6,100-square-foot, ground-floor offices the past 14 years at 155 Morgan St., into 7,000 square feet on the second floor of 11 Asylum. About 21 people, including parking vendors' staff, occupy Morgan Street. However, a definitive lease agreement between the parties is pending, parking agency CEO Eric Boone said, declining fur- ther comment until it is signed soon. The state agreed in 2013 to pay $23 mil- lion for the garage for the use of state work- ers about to occupy the former Connecticut River Plaza office building downtown. Meantime, Rabinowitz said bid invitations are circulating among prospective designers/ remodelers for HPA's 11 Asylum space. It is anticipated the space could be completed and the agency moved in before yearend. A condition of HPA's lease is that the landlord install a separate elevator for HPA's use, said Rabinowitz, owner of the nearby The Grand apartments downtown. Also several tenants who are or had been on the second floor — including a law firm and a tiny substation office for the Hartford police department — have moved to other space inside 11 Asylum. — Gregory Seay 11 Asylum St., downtown Hartford. P H O T O | C O N T R I B U T E D P H O T O | H B J F I L E Northeast Utilities' power transmission lines linking Norwalk and Middletown.

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