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JULY 17, 2017
Volume 25, Number 29
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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.
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2017
Special Section Pages 10-42
Showcasing Hartford's
rich workforce talent