Connecticut Development News

[Xusein]

I think, if other cities/states have a development thread, why not CT?

I will try to add development news for Hartford, any more in the city and the state is not only welcome but needed.

Here we go, good news...DT Hartford getting residential, one baby step at a time...

http://www.courant.com/news/local/hr...,4107018.story

14 Tenants Moving In At Colt Complex

July 18, 2006

By KENNETH R. GOSSELIN, Courant Staff Writer

Hartford's Colt factory complex is getting its first upscale apartment dwellers, the latest development in the city providing a way for people to live in and around downtown.

Fourteen tenants, many of them former residents of artists' housing at the old Colt, have signed leases and are now moving into the south armory, the first of three former factory buildings in the complex to be renovated for rental housing.

Although the new apartments mark a milestone for the $120 million Colt Gateway office, commercial and residential makeover, they are also coming on the market at a time when hundreds of new apartments are being offered for lease downtown.

But the Colt developers say they aren't worried about competition from the other new apartment complexes - Hartford 21, Trumbull on the Park or 55 on the Park - that are closer to the central business district.

"I don't look at it as that far away," said Rebekah A. MacFarlane, director of business development for Colt Gateway. "Once the Front Street area develops and the new science center, this is going to be a new stretch of downtown."

From the south armory, it is a 1-mile walk to the landmark Travelers Tower on Main Street between Central Row and Atheneum Square North.

Following a route along roads, the walk to the Travelers plaza took 23 minutes.

Although the apartments now available in the south armory boast new hardwood floors, state-of-the-art heating and air conditioning, and windows that mimic the ones on the original factory, you have to use your imagination outside.

The area where a reflecting pool and park are planned remain gravel parking lots for construction workers, surrounded by chain-link fences, some of it reinforced with barbed wire.

Doug Bennett, who is considering a move to the south armory with his wife, Sue, from their home in Glastonbury, said he is not bothered by the mile walk to downtown or that Colt is still in the midst of its transformation.

"Right now, we'd have to be a bit pioneer," Bennett, 53, said. "But that's fine with us."

Bennett said he and his wife, a teacher, are attracted by the historic nature of the Colt renovations. All exterior elements - facades, lighting, even street signs - will appear as they would have in 1905, a time of prosperity in Colt history. Sticking to that, Colt qualifies for historic-tax credits.

Most of the walking route downtown is well maintained and open. However, the corner of Huyshope and Charter Oak avenues is overgrown with weeds in spots, and littered with trash. On one side of Huyshope is a shelter for the homeless, and on the other is a distribution warehouse.

Bennett said that area is the only one that gives him pause.

"There's no question that early settlers are going to have to be more careful," said Bennett, an actuary.

But the Colt developer - Homes for America Holdings Inc. - hopes to acquire the warehouse, now for sale, and renovate it, MacFarlane said. The developer also is close to buying an old manufacturing plant nearby and demolishing it for parking, she said.

The rental prices at Colt, at least initially, will be lower than some of the apartments closer to the heart of downtown.

The Colt apartments average $1.77 a square foot, compared with an average of $2 a square foot for the competing apartments clustered near Bushnell Park.

The apartments in the south armory range from a 460-square-foot studio to 1,220-square-foot, two-bedroom units, with rents ranging from $769 to $2,050 a month, not including utilities. There is one 2,100-square-foot penthouse that goes for $3,439 a month, plus utilities.

There is no additional charge for parking, but the only option is an open lot.

MacFarlane, daughter of the president of the development company, said Colt has compiled a list of about 300 people who have made inquiries about the apartments since renovations began in 2004.

The south armory is the first of three major factory buildings in the Colt complex - all dating from the mid-19th century - that are slated for conversion into apartment, office and retail space. Construction will begin later this year on the north and east armories.

All told, there will eventually be 238 apartments, 129 of them in the south armory. The apartments in the south armory will be finished in groups of 30 or so, with the first block now ready.

MacFarlane said there has been considerable interest from employees of Insurity Inc., which has occupied the renovated Colt "sawtooth" building next to the south armory for nearly 18 months.

The south armory will have office and retail space on the first and second floors, hopefully with a coffee shop and cafe at street level, she said.

[Xusein]

Bradley International is planning to demolish it's old terminal A, to build a new modern terminal...

Link: http://www.hbjournal.com/ front page

Bradley Bids For New Terminal
Original Murphy Building to be razed

By Diane Weaver Dunne
ddunne@hbjournal.com

Bradley International Airport wants another terminal as new and successful as its newest terminal, pictured here.

Bradley International Airport is fast-tracking plans to demolish its original passenger terminal and build a new state-of-the-art air hub, state officials confirmed last week.

Although still waiting on approval from the Federal Aviation Administration of its draft plans, the state Department of Transportation last week issued a request for proposals for engineering and construction services to build a new terminal after the Murphy Building – the airport’s original terminal – is razed in 2011.

The demolition of the 1950s-era Murphy Building is to make way next year for a modern facility. The DOT is seeking a firm to complete both engineering and architectural designs for a new, 11-gate terminal to be located in the footprint of the existing Murphy Building within 20 months.

FAA approval of the plan is expected within the next two weeks.

The terminal change is just one of the components to a master plan that envisions 36 capital improvement projects costing about $384 million at today’s prices. Funding for the proposed construction will likely come from a combination of federal money and from the Bradley Enterprise Fund, generated from airport revenues.

The cost to demolish the Murphy Building and to design and construct a new terminal would be about $140 million, and $42 million to construct a new parking garage with a consolidated rental car facility. Construction on the parking facility is scheduled to begin in 2010.

Phase In

Bradley’s blueprint for expansion considers a 20-year timeframe, with the two first phases addressing immediate needs or those with a high probability.

The plans also call for a dramatic expansion of Bradley’s cargo service, demolishing some existing cargo buildings between the next five to seven years and relocating the airport’s cargo service to the northwest portion of Bradley’s 2,358-acre-property.

The expansion would also be contingent upon the attraction of private developers who want to construct new cargo facilities. Notably, the land where Bradley’s freight terminals are located is owned by the airport and rented to private developers who then construct their own cargo facilities on them.

Passenger service has expanded significantly –- with the addition of new non-stop flights and 14 new daily flights –- since Bradley opened its newest terminal in 2003.

While the cargo business is busy, it has not yet returned to its volume prior to the Sept. 11, 2001, terrorist attacks, according to Daniel Carstens, owner of CargoZone at Bradley.

Bradley’s cargo service is ranked 34th for volume in North America.

Competitive Markets

The philosophy behind the improvements at Bradley is to keep it competitive with other regional airports.

“The growth rate at the airport has been excellent in the last two years,” said L. Scott Frantz, chairman of Bradley’s board of directors. Frantz expects 5 percent to 10 percent growth in passengers over the next five years.

“You have to stay ahead of the game by at least a few years,” he explained. “The board and key people at the DOT feel strongly that we have to do the intelligent thing and … we have to be thinking five to seven years in the future.”

The decision to demolish the Murphy Building was primarily because the facility has become too crowded and passengers complain about their experiences there.

Today’s travelers want light, airy terminals with lots of windows that offer WiFi service and other amenities, explained Barry J. Pallanck, the acting airport administrator.

“Just look at what the other regional airports have to offer,” said Kiran Jain, Bradley’s marketing and development director. “It’s not just a place. It needs to have some sort of appeal. Passengers are spending some sort of time there.”

The new terminal will include more retail concessions, and Frantz doesn’t rule out eventually another airport hotel.

Enhancing Bradley’s cargo business would include finding a freighter service to fly goods going all over the world, particularly to the Far East, Jain said, acknowledging that airport officials are aggressively pushing ahead with achieving that goal.

Jeff Blodgett, vice president of CERC, agrees that regular transatlantic service is essential to the region’s economy. “We need to position ourselves where the global activity is taking place,” he said. “Since we are not linked to them, even with the best facilities in the world, it doesn’t do that much for us. We absolutely need it.”

Providing transatlantic service at Bradley is listed as one of the master plan’s goals.

The current master plan comes on the heals of the nearly completed $200 million construction of a new terminal, adjacent to the original terminal A, and the construction of a 3,500-vehicle parking garage.

[ECoastTransplant]

Cool- welcome aboard!

[Xusein]

Thanks!

The Hartford, CT thread gave me the idea...but this is not only limited to Hartford...ANY developments going on in the state, is good...

I will add more, but I am only one person, so if anyone wants to add anything , go right ahead...I encourage it..!

This is the first but hopefully this is not the last...

[Xusein]

Front Street, which was proposed to be a mixed retail/residential development, continues to be delayed....

While projects like Hartford 21, Convention Ctr, and Science center were approved and built easily (science ctr u/c, hartford 21 almost done), this project is still dealing with delays...hopefully, it could be done...Adrian's landing needs more life, even at mid-day!

Link: http://www.courant.com/news/local/hc...tory?track=rss

State Gives Front Street Developer More Time
July 15, 2006

By JEFFREY B. COHEN, Courant Staff Writer

While voicing concern that the long-delayed downtown development at Front Street in Hartford is missing deadlines, the state agency that oversees the project gave the developer an additional two months Friday to complete the next phase of the operation: a promise of money from the city.

In February, the state's Capital City Economic Development Authority signed an agreement with Greenwich developer Bradley Nitkin that allows for a phased development of the retail, residential and entertainment district. The project aims to link Adriaen's Landing with the rest of downtown.

As part of that deal, the state pledged $33 million to the project, and gave Nitkin120 days to get a city commitment for roughly $16 million in cash and tax abatements.

But progress stalled as Niktin and the state considered overtures by an unnamed party that was interested in the property, state officials said at a meeting Friday morning. "In the end, it did not work out, so now we are refocused back on the original scope," said Michael Cicchetti, spokesman for the authority.

Nitkin and the city have talked about funding, but have not come to terms.

In May, the city responded to Nitkin's phased development approach by saying that if he wants the entire $16 million the city has available for Front Street, he'll have to commit to the entire project. Nitkin has yet to respond.

The board decided to give Nitkin until July 31 to answer the city's concerns, and until Sept. 8 to reach an agreement with the city.

But board Chairman Bill McCue told other members of the state panel that even after Nitkin and the city come to terms, there will still be several steps before construction begins.

"I don't want you coming around Sept. 9 looking for a backhoe starting to dig a hole," McCue said. "That isn't going to happen. This process will continue to move on."

Nitkin's office declined to comment.

[Third of a kind]

Hey Rotten, you think they'll ever invest in LRT for Hartford?

[StamfordCT]

Good to see CT has something going on here...........i'll try to see what news i can get outta stamford.

[Xusein]

Originally Posted by Third of a kind

Hey Rotten, you think they'll ever invest in LRT for Hartford?

Light rail? I think that would be a great idea.

There are no plans for it, though. There is potential for it though, as there are many corridors that it can be used for. BRT and commuter rail has been approved, however.

[blink55184]

THere was talk of The Griffin Line in the early to late 90's

http://www.fta.dot.gov/17304_17439_ENG_Printable.htm

Hartford (Griffin Line Corridor)

Griffin Line Corridor

Hartford, Connecticut

(November 1996)

Description The Greater Hartford Transit District (GHTD) is planning a light rail transit (LRT) line from downtown Hartford and several city neighborhoods to suburban towns to the north, ultimately reaching Bradley International Airport (16 miles total).

Phase I includes 12 miles of LRT in rail right-of-way owned by the State of Connecticut (9.2 miles) and a portion owned by Amtrak as well as a segment at grade on city streets in downtown Hartford. Economic development, and community revitalization plans, as well as clustered mixed use land plans have been prepared around each of the station stops. Average daily ridership is projected at 15,200 in the year 2010. Phase 1 of the project is estimated to cost $249.7 million (1994 dollars).

Status The Griffin Line Corridor Major Investment Study (MIS) was adopted by the Capitol Region Council of Governments (the MPO) in July 1995, including the selection of the light rail option as the locally preferred alternative. A Task Force of public and private sector representatives prepared a financing plan in 1996.

The project was not authorized in ISTEA. Through FY 1997, Congress appropriated $0.99 million toward preliminary engineering (PE) and EIS. The project sponsors anticipate beginning PE in early to mid 1997.

Justification Mobility Improvements. The Griffin Line LRT would provide mobility benefits to both the suburban commuter travel market and to major concentrations of transportation disadvantaged persons. Phase 1 projections are that the LRT would have 15,200 riders per day increasing to 78,500 daily system transit trips in 2010. This includes the 12 mile LRT segment. By comparison, the TSM alternative would handle 73,500 trips and the No-Build alternative 71,900. The project is expected to save 2,400 hours of travel time per day (compared with the TSM alternative). LRT would provide access to 75 percent of the corridor's suburban jobs compared to 30 percent currently accessible by transit service.

Cost Effectiveness. The cost-effectiveness index for the Phase 1 12-mile segment is $13 per new rider, compared to the TSM alternative.

Operating Efficiencies. The system-wide operating cost per passenger in year 2010 (1994 dollars) is estimated to be $1.46 for Phase I, compared to $1.39 for the TSM alternative.

Environmental Benefits. The Capitol Region is classified as "serious" non-attainment for ozone and as a "moderate" non-attainment area for carbon monoxide. The MIS found that the LRT alternative would produce the greatest air quality benefits of all the alternatives. LRT would contribute to long term improvements in the region's air quality by supporting the Downtown Hartford Major Employers Parking Policy and by supporting clustered, mixed-use developments at station stops, thereby reducing long term reliance on cars.

Local
Financial
Commitment Hartford is requesting a Section 5309 New Start funding share of $149.8 million, or 60 percent of project costs. The financing plan anticipates $62.4 million from the State from a combination of bonds backed by the State fuel tax and State general revenues. Regional funding ($10 million) is planned on the basis of proposed Regional Asset District state legislation and local benefit improvement district revenues, private sector funding of Phase I is projected to total $27.5 million including donation of right-of-way and major joint development projects at a number of station stops, with the cost of station and parking facilities incorporated into the privately funded development projects.

Operating funds are anticipated from a combination of State fuel taxes, as well as private sector, regional and local sources noted above.

Negotiations are underway with State, regional and local officials and the private sector. A final capital and operating cost funding plan is anticipated to be one of the products of the Preliminary Engineering and EIS work scheduled for completion by the end of 1998.

[Xusein]

That would have been GREAT.

I wonder what stopped the plan...no funding?

[blink55184]

"The Griffin Line, again ironically, was killed the very same year that Adriaen's Landing was proposed for the Phoenix-owned riverfront property, the very same year that Gov. John Rowland stepped in to cut a deal with the New England Patriots by promising a new stadium for them at the same location. That year was 1998."

http://www.hartfordinfo.org/issues/d...ant_070305.asp

[blink55184]

From trailblazing to disaster preparedness, South Central Connecticut town leaders are reaching across municipal borders to collaborate on mutually beneficial projects.

http://www.conntact.com/article_page.lasso?id=40067

7/10/06

[blink55184]

Making the most of the Springfield Connection


http://www.courant.com/news/opinion/...nes-commentary

The more sharing between hartford and springfield, the better!

[Xusein]

Here's an "interactive" map of Hartford's present developments...

Not that great, but the best I could find...

http://www.courant.com/extras/flash/cranes0306.html

BTW: Great. This is a sticky.

[Xusein]

While not a real development in building terms, this will benefit Hartford's downtown...

Link: http://www.courant.com/news/local/hc...eadlines-local

Insurer Adding 600 Jobs
July 25, 2006
By DIANE LEVICK, Courant Staff Writer

In a boon to the Insurance City, The St. Paul Travelers Cos. plans to add about 500 jobs in Hartford and more than 100 others in Windsor, and is launching a major office renovation and expansion project to house the growing workforce.

With business and profits growing, the insurer is expected to add the jobs over the next two years and to put some employees in a sixth downtown location - the landmark Gold Building at One Financial Plaza.

The Connecticut Development Authority approved $2 million in state sales tax relief last week on materials and equipment that Travelers will need for its expansion and renovation program.

The authority estimated the program will cost Travelers $66.6 million, though the company would only say Monday that it expects to spend "tens of millions of dollars." The tax relief was granted in return for the pledge of jobs, which will be created here and not moved from Travelers' offices in other states.

Travelers already has more than 6,300 employees in Connecticut - 6,100 of them in downtown Hartford - and company spokeswoman Marlene Ibsen said the new jobs in Hartford will be largely "professional-level, solid, good-paying jobs." Many will be management level.

Ibsen said the wide range of new local jobs will include claims handling, information technology projects, underwriting and actuarial positions.

Travelers' job growth may help support some of the new upscale housing development in Hartford and adds momentum to the reinvigoration of the city's renowned insurance industry.

"When things are bad in the industry, they're really bad, but when things are great, they're really great," said Barbara Fernandez, director of the state's new Insurance and Financial Services Business Development Office. "This industry is getting its wind back."

Lincoln National Corp. said recently it will cut 75 Hartford jobs this year, and CIGNA has eliminated a few hundred Connecticut positions this year. But other insurers, including Aetna and The Hartford Financial Services Group, have been increasing - at least modestly - their Connecticut workforces.

Travelers chose Hartford for the new jobs because most of its core insurance operations are based here and Connecticut has a good-quality labor pool, Ibsen said.

"We have a long history here," Ibsen said. "We have a great relationship with the state of Connecticut. We've got a strong commitment to the city of Hartford, and we think it makes sense for our business."

The creation of jobs is welcome in Hartford after an undisclosed number of layoffs that resulted from Travelers' April 2004 merger with The St. Paul Cos.

The companies had a combined workforce of 5,909 people in Connecticut before the merger and promised to have at least that many two years after the merger. The workforce has grown about a net 400 jobs since then, despite layoffs that included about 100 information technology employees earlier this year.

The company had said in January it planned to add 1,000 jobs nationwide this year, but didn't say how many would be in Hartford.

Travelers, a property-casualty insurer that covers homes, cars and businesses, has been doing well and adding customers. The company reported in May an 18 percent jump in first-quarter operating profits, a higher earnings forecast for 2006 and a dividend increase for shareholders.

Travelers' expansion project includes the previously reported claims-training and handling center at 99 Lamberton Road in Windsor. The company leased more than 110,000 square feet there to create a "claim university," which will bring in adjusters and other personnel from around the country. The center will feature actual crashed and burned vehicles for training.

Travelers has started a claim call-in center at the Windsor site, and also plans a special drive-in claim center there where customers can bring damaged but drivable vehicles.

In Hartford, where Travelers currently has five office sites, the company is expected to occupy some space in the Gold Building, though no lease has been signed yet. The company already leases about 150,000 square feet in State House Square, where it has about 300 employees, and is considering leasing more space there.

In addition, Travelers plans to renovate space for more efficient use of its well-known Travelers Tower building at 700 Main St. and the Plaza Building at 50 Prospect St. Travelers also occupies space at Connecticut River Plaza at 450 Columbus Blvd.

Judd Everhart, a spokesman for Gov. M. Jodi Rell, said Travelers' job news "clearly demonstrates that our efforts to partner with companies committed to growing in Connecticut are paying off. And it's very encouraging that St. Paul Travelers is looking for additional space downtown."

Fernandez, citing Travelers' rescue of the annual PGA Tour event in Cromwell and plans for new jobs, said, "I just think this is affirmation for the industry and the city."

Contact Diane Levick at dlevick@courant.com.

[Xusein]

Originally Posted by blink55184

"The Griffin Line, again ironically, was killed the very same year that Adriaen's Landing was proposed for the Phoenix-owned riverfront property, the very same year that Gov. John Rowland stepped in to cut a deal with the New England Patriots by promising a new stadium for them at the same location. That year was 1998."

http://www.hartfordinfo.org/issues/d...ant_070305.asp

Probably because of different priorities back then, in the time of $1.20/gallon gas...something like this would not be as shut out as today, and it could still be used...

Sure, the commuter rail would have a bus link to Bradley, but it would go down the Amtrak rails, which are largely isolated...and LRT that would go to the North End, Bloomfield, and Windsor would help so much....better instead.

I would not mind going down here, instead of using a car all the way up.

[heartbeathead]

Originally Posted by blink55184

THere was talk of The Griffin Line in the early to late 90's

http://www.fta.dot.gov/17304_17439_ENG_Printable.htm

if u liked that look at this
http://www.clf.org/general/index.asp?id=523

[Xusein]

Suburban Glastonbury is planning a new town center, to replicate West Hartford...

Rising Site Seeks Destination Status In Glastonbury
July 25, 2006

By MAYA RAO, Courant Staff Writer A once-drab area in the center of Glastonbury is receiving a makeover that could encourage some of the success that West Hartford Center now enjoys.

The corner of Hebron Avenue and New London Turnpike was once home to a jumble of dreary-looking buildings and parking lots. In their place is now rising a $12 million retail and office development that many hope will create a true destination in the center of town for shopping, dining and spending time.

The first of three buildings in the 90,000-square-foot Eric Towne Center is now under construction, a three-story, brick-and-granite structure that will house shops, restaurants and offices.

The project, slated for completion in May 2007, will eventually have three buildings, two combining retail and office and a third with a drive-through Starbucks, plus 200 parking spaces - some underground - and a courtyard.

It is the first major project in Glastonbury in years that mixes retail and office, local officials said.

Along with the opening of the Hilton Homewood Suites in Somerset Square in June and plans to renovate the Fox Run Mall nearby, construction of Eric Towne, named after the developer's deceased father, is expected to revitalize the local economy.

At the very least, the development's storefronts could inject a bit of pizzazz into a corner where parking lots have long dominated the landscape. So far, in the building now going up, an upscale wine shop and an Elizabeth Grady Spa have signed leases. The names of restaurants have not been announced.

It also is hoped that the development will encourage people to stay in Glastonbury, rather than go outside town for food and entertainment.

"We designed this whole plaza so that all retail spaces are facing traffic," said architect Doug Rosen of Rosen Associates in Mansfield.

Although Glastonbury has been studying the success of West Hartford's downtown, the developer said he is not trying to strictly replicate West Hartford Center. But he does want to build a destination point in the center of town, something Glastonbury has lacked.

"It's definitely going to set a new standard for retail space in that area. It'll be the nicest building around there by far. ... It's going to have a look that I think the town is striving for," said commercial real estate broker Bobby Gaucher of O,R&L.

The buildings in the development will be clustered around a courtyard with a fountain, resting spots and more parking spaces. The storefronts will face Hebron Avenue and New London Turnpike.

Rosen said that he had designed the complex with "new urbanism" in mind - that is, a place where "people can shop, live and work in the same place."

The first 43,000-square-foot building and parking lot, now under construction, will open in October. The building is expected to have four office tenants on the second and third floors, in addition to the shops and restaurants at ground level, developer Allan Schwartz said. Schwartz declined to name the office tenants or restaurants. The parking lot will have two levels, one underground. Schwartz declined to say whether the center would charge for parking.

A second, 7,000-square-foot building will open in November and include a Starbucks and an ice cream shop.

The third building, at 40,000 square feet and facing New London Turnpike and Rankin Road, will open in May. Its third floor will have an outside patio restaurant and bar area overlooking the turnpike, and the same mix of retail and office tenants.

And to the west of the development on Hebron Avenue, the Luna Pizza restaurant will add a patio, linking it to Eric Towne.

Retail space will rent for $28 a square foot, and that falls at the high end of the range for the rest of Glastonbury, where retail space goes for anywhere between $20 and $28 a square foot, depending on the location and quality of the property, according to commercial real estate broker Tim McNamara of SullivanHayes Cos. in Farmington.

Gaucher and McNamara said they think sufficient demand exists to fill the office and retail space.

"Glastonbury is very sought-after. ... It's got a strong population base with a lot of disposable income," McNamara said.

Schwartz purchased the property in 1998 and developed a proposal for the pedestrian-friendly district in 2003, which the planning and zoning commission approved unanimously in August 2005. Construction began in November 2005.

A total of 40,000 square feet of old buildings are being razed to make room for the plaza.

"There will be more dollars staying in town, higher property taxes because the value of new construction will be worth more, and new employees coming into the office space," community development director Kenith Leslie said.

Owners and employees in the businesses across the street said they hope to receive a boost from increased foot traffic in the neighborhood.

"We're hoping it'll draw a little more attention our way," said Tony Mancino, a barber at Independent Towne Barber Shop.

Contact Maya Rao at mrao@courant.com.

[blink55184]

Originally Posted by heartbeathead

if u liked that look at this
http://www.clf.org/general/index.asp?id=523

yah i posted that on urbanplanet.

Unfortunately, the article is so old the the pics/maps have been removed.

[blink55184]

CDA Helps Travelers Expand & Renovate Hartford Area Facilities

http://www.ctcda.com/cdaNews/newsView.asp?NewsID=44

Rocky Hill, CT, July 20, 2006:

The Board of Directors of the Connecticut Development Authority (CDA) yesterday approved up to $2.0 million of financial assistance to Travelers Indemnity Company for the renovation and expansion of its four Hartford facilities and a new facility in Windsor. The project will help the Travelers Indemnity Company retain and expand its Connecticut workforce.

CDA’s assistance will be in the form of sales tax relief, which will exempt Travelers from Connecticut Sales Tax on the company's investment in materials and equipment related to the $66.6 million renovation and expansion.

The company’s investment in facilities is driven by its need to accommodate its growing workforce.

A new National Claims Training Center and a Catastrophe Response Call Center will be located at 99 Lamberton Road in Windsor. The company’s Hartford facilities are located at 50 Prospect Street, 700 Main Street, State House Square and One Financial Plaza.

The Connecticut Development Authority provides debt financing and investment capital to help businesses grow in Connecticut. To learn more about the CDA, please visit www.ctcda.com.