Investsors to rehab Huntington Towers in New London
New London - A Maryland-based investment group announced Thursday its intention to pump $1.6 million into the rehabilitation of Huntington Towers, a three-decade-old downtown building with 120 affordable apartments for seniors and the disabled. Enterprise Community Investment Inc., a Columbia, Md., nonprofit that focuses on affordable housing nationwide, said its equity investment in the five-story apartment building was done in partnership with Leon N. Weiner & Associates Inc., a Delaware company that built Huntington Towers at 149 Huntington St. and has operated the high-rise apartment through its associated firm, Arbor Management, since 1983. The two firms will be co-owners of the apartment complex, with Weiner running the day-to-day operations. CLICK TITLE TO CONTINUE READING
Middletown has received 10 bids to create concept plan for Metro Square
MIDDLETOWN — Ten firms have submitted applications to become the preferred designer of the Metro Square redevelopment plan, and a firm will be chosen by the end of March to provide a concept for how to use the two downtown blocks surrounding the plaza.
Planning Director William Warner said the common council's economic development committee will conduct interviews with firms on March 17 and March 18 before selecting a finalist.
Once the firms are ranked, the committee will then review the fees each company would charge to create the conceptual plan for Metro Square. Warner has likened the opportunity to redevelop the privately-owned Metro Square to West Hartford's successful Blue Back Square, which has a mixture of retail, restaurants and residential units. He said each of the firms met the city's goal of having design and development capabilities. CLICK TITLE TO CONTINUE READING
National Coalition Launches Hardhats for Highways Campaign
With the federal Highway Trust Fund (HTF) projected to be unable to support any new highway, bridge and public transportation improvements in fiscal year 2015, a national coalition of associations and labor unions announced that it is launching a campaign to help educate Congress about the connection between local jobs and federal highway and transit investment.
“Hardhats for Highways” is aimed at encouraging transportation construction firms and their employees to contact their U.S. representative and senators and let them know how many local jobs depend on federal transportation funding, officials with the Transportation Construction Coalition (TCC) said. The announcement was made in Las Vegas at CONEXPO/CONAGG, one of the world’s largest construction trade shows, where more than 125,000 industry professionals are gathered March 4-8. “Members of Congress need to understand how many people back home are counting on federal transportation investments,” said Stephen E. Sandherr, the coalition’s co-chair and chief executive officer of the Associated General Contractors of America. “Investing in roads and bridges not only makes our broader economy more efficient and vibrant, it puts a lot of men and women to work in every part of the country.” CLICK TITLE TO CONTINUE READING