Hartford Business Journal Special Editions

HBJ 25th Anniversary — October 2, 2017

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OCTOBER 2, 2017 • HARTFORD BUSINESS JOURNAL | 45 2017 New Britain's Stanley Black & Decker agrees to buy the Craftsman brand from Sears Holdings Corp. in a deal valued at $900 million New York landlord Shelbourne Global Solutions quietly becomes one of downtown Hartford's most prolific landlords, after it reached a deal to buy the Metro Center office tower on Church Street for $49 million. After long delays and cost overruns, Dunkin' Donuts Park — home of the Hartford Yard Goats — debuts and becomes an instant fan favorite. Aetna announces it will move its corporate headquarters — and 200 or so top executives — to New York City. Hartford's latest revaluation finds commercial property values in the city rose 20 percent, on average, while the overall the grand list grew to $4.07 billion, up from $3.7 billion a year ago. Paris pharmaceutical company Sanofi is buying Meriden-based Protein Sciences for up to $750 million. Hartford's Trinity College announces it will open its first of two downtown campus sites in Constitution Plaza in December. Oz Griebel, a stalwart in Hartford's business community for decades, announces he will be stepping down as president and CEO of the MetroHartford Alliance at the end of the year. Gov. Dannel P. Malloy signs legislation allowing a joint venture run by the operators of Mohegan Sun and Foxwoods to open a new casino gaming facility in East Windsor. Two of downtown Hartford's last vacant office buildings (101 and 111 Pearl Street) finally have a new owner — New York City developer Girona Ventures — who says it's eager to press ahead with a $50-million conversion of both to 258 apartments. In a deal valued at $1.7-billion, Eversource Energy plans to buy Bridgeport-based Aquarion Water Co., the region's largest private water utility, from Macquarie Infrastructure Partners. UConn's $140-million downtown Hartford campus debuts. Photo | Sam Rodriguez, All American Aerial LLC

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