Hartford Business Journal

July 17, 2017 — 40 Under Forty awards

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For more B2B news visit JULY 17, 2017 Volume 25, Number 29 $3.00 Subscribe online SAVE THE DATE! WEDNESDAY, SEPT. 13, 2017 CT CONVENTION CENTER | HARTFORD Join us in recognizing outstanding young professionals in the Greater Hartford area. G R E AT E R H A R T F O R D ' S B U S I N E S S N E W S w w w. H a r t f o rd B u s i n e s s . c o m Index ■ Week in Review: PG. 5 ■ Deal Watch: PG. 6 Corporate Relocations Health insurer Aetna's decision to relocate top- level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies separate their corporate executives from the rest of their workforce. PG. 3 Tale of Two Towers As office buildings go, two downtown Hartford skyscrapers — the Gold Building on Main Street and Hartford Square North on Columbus Boulevard — could not be more different, yet in at least one way, they share a vital attribute. PG. 9 CT Children's combining 400 jobs to downtown Hartford By Gregory Seay gseay@HartfordBusiness.com H artford's world-renowned Connecticut Children's Medical Center will relo- cate, beginning later this year, its administrative offices and at least 400 staffers to an office tower on the south edge of down- town, officials say. Many of those jobs will be new to the city. Hospital officials and com- mercial brokers say 21-year-old Connecticut Children's (CCMC) has leased 110,000 square feet, or half the rentable office space in 11-story Hartford Square North, 10 Columbus Blvd. The building is seven-tenths of a mile from CCMC's main campus at 282 Washington St., adjacent to Hart- ford Hospital's sprawling campus. CCMC's impending move involves one of the largest leases for downtown Hartford office space in recent memory and reflects the central business district's growing appeal for landlords and housing and office tenants. It also marks the second time a major hospital has moved its c-suite downtown. In 2011, Hartford HealthCare moved its senior executives to One State Street, in part, to raise the hospital system's profile. CCMC President/CEO James E. "Jim" Shmerling said planning Continued on page 8 Connecticut Children's Medical Center CEO James Shmerling in front of 10 Columbus Blvd., where the hospital will relocate administrative offices and about 400 jobs. P H O T O | S T E V E L A S C H E V E R 2017 Special Section Pages 10-42 Showcasing Hartford's rich workforce talent

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