Since 2004 approximately $12.5 million (combination of Urban Act grants, EPA Revolving Loan funds, MAA Revolving Fund grants and Brownfield loans). This state funding has leveraged approximately $140 million in non-state investment.
140 Huyshope Ave. Hartford, CT
The Colt Gateway project involves the redevelopment of the historic Colt Armory properties, commonly known as the “Colt Gateway Complex,” into a mixed use residential, office/commercial, and retail development. This 17-acre facility was historically an industrial property developed from the 1860s through 1930s. CG Management Company, LLC, the Manager of Coltsville Redevelopment Company LLC is the developer responsible to manage and operate the Colt Gateway Complex.
DECD funds were used over the years for remediation of the North, South and East Armory properties, infrastructure development, renovation of an existing boiler plant, interior and exterior renovation of the East Armory building, fit-out tenant space and construction and leasehold improvements.