Hartford Business Journal

October 19, 2015 - Family Business Awards

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4 Hartford Business Journal • October 19, 2015 www.HartfordBusiness.com w w w. H a r t f o r d B u s i n e s s . c o m (860) 236-9998 E D I T O R I A L Greg Bordonaro Editor, ext. 139 gbordonaro@HartfordBusiness.com Gregory Seay News Editor, ext. 144 gseay@HartfordBusiness.com Matt Pilon News Editor ext. 143 mpilon@HartfordBusiness.com John Stearns Staff Writer, ext. 145 jstearns@HartfordBusiness.com Roger Magnus Research Director Heide Martin Research Assistant B U S I N E S S Joe Zwiebel President and Publisher, ext. 132 jzwiebel@HartfordBusiness.com Donna Collins Associate Publisher, ext. 121 dcollins@HartfordBusiness.com Jessica Baker Office Manager, ext. 122 jbaker@HartfordBusiness.com Kristine Donahue Administrative Coordinator, Ext. 137 kdonahue@hartfordbusiness.com Amy Orsini Events Manager, ext. 134 aorsini@HartfordBusiness.com Christian J. Renstrom Advertising Director, ext. 126 crenstrom@HartfordBusiness.com David Hartley Sr. Accounts Manager, ext. 130 dhartley@HartfordBusiness.com William C. 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Advertising: For advertising information, please call (860) 236-9998. Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. News Department: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at editorial@HartfordBusiness.com Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 53 x per year including three special issues — one in September, one in November and one in December — by New England Business Media LLC, 15 Lewis Street, Suite 200, Hartford CT 06103. Periodicals postage paid at Hartford, CT. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2015. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com Building Boom Our specialized business model and patent pending application procedures allow us to provide customers with top quality products as well as a safe and comfortable experience. FRANCHISE PACKAGE INCLUDES: • World-class franchise support which includes comprehensive training starting from pre-opening to ongoing support for your team using a cutting edge intranet infrastructure. • Top of the line retail products that have raised the bar on perfection and lasting beauty. • Marketing guidelines and access to the national print media library to help promote your location. • A well-recognized, proven business model concept that allows you to accurately project business volume and adapt for growth accordingly. Your Look. Your Style. Our Lashes.® Ph: 631.827.1497 elyse.pedersen@amazinglashstudio.com www.amazinglashstudio.com/franchise Become a part of the ever-growing billion dollar beauty industry by owning your own AMAZING LASH STUDIO. ALS_Franchise_ad_V2.qxd:Layout 1 9/9/15 3:36 PM Page 1 "We're seeing a lot of people setting up their lease, but not moving in right away,'' he said. Some are waiting to sell a home. Others, he said, are in no hurry but wanted to act now to preserve a space for themselves in the building. "We kind of designed this building for young professionals,'' Koutouvides said. "We bring an urbanized, new kind of product. There's nothing that's really contemporary here. I think it fits well with the center." Even the Kaoud apartment building underway just three blocks east, on North Main, doesn't faze Koutouvides. He says he recently met with Abraham "Abe'' Kaoud and offered him construction and other advice to help with his residential project. "We're just as happy for him or the next guy,'' Koutouvides said. "We want everybody to succeed.'' Healthcare boom Sessions harbors similar sentiments about his office building. Compared to the 50,000 square feet and larger medical-office buildings that dominate Casle's development backlog nowadays, his North Main Street office building is small. But its compactness and amenities, even its tenant base, are ideally suited to the West Hartford market, Sessions says. "A very prominent site in this market. Walking distance to shops,'' he said. It also comes with one other much-in-demand sub- urban-office amenity — free parking. Regus, for instance, caters to entrepre- neurs, traveling professionals and companies looking for a temporary, affordable office out- post. It occupies around one and a half of 15 N. Main's three floors, he said. About 40 percent of the building, he said, was pre-leased before construction got underway. Collecting tenant commitments in advance also helped with financing, which was done through Berkshire Bank. "We've hit our projections,'' Sessions said. Common design Despite being newly constructed, both Loft 24 and 15 N. Main share some design elements for which the developers won town approval to incorporate into their projects, to give both a sense of continuity with the sur- rounding neighborhood. Both are sheathed in red brick and fea- ture light-hued masonry elements that match almost identically with surrounding brick structures dating back a half-century or longer. With 15 N. Main, the "contextual design'' that a Casle architect incorporated dovetailed with the town's insistence that it convey an "urbanist feel.'' The result was a building that sits closer to the curb than most suburban buildings, Sessions said. It also presented the developer with some interesting challenges. First, there was the unexpected rock, or ledge, that the contrac- tor found. Also, there was the obstacle of building next door to the older pair that it replaced, but keeping the older structures occupied until the very last minute. "This was,'' Sessions said, "the most dif- ficult logistical project we've ever done.'' n Foundation work is underway for the Delamar West Hartford Hotel, opposite Whole Foods and the town police station. H B J P H O T O | G R E G O R Y S E A Y

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