RFP terminated. No selection was made

340 Capitol Avenue

340 Capitol Avenue Property

340 Capitol Avenue

The Property consists of a 1.25 ± acre level and irregularly shaped parcel of land along three frontage roads in the southwestern portion of the City of Hartford Downtown District. Hartford is the capitol of Connecticut and has a population of approximately 123,088. For more information about Hartford, see https://www.hartfordct.gov/Home. The Property, which is located in a Mixed Use (MX-2) Zone and Opportunity Zone Overlay, is within the Government district, and is in close proximity to Bushnell Park, Bushnell Theater, the Central Business District and the Asylum Avenue historic district. The Property is within walking distance of the State Capitol, the Legislative Office Building and State courthouses, and is less than one mile from Union Place and Sigourney Street stations. The Property is also approximately one mile from the XL Center, Wadsworth Athenaeum, Capitol Community College, Dunkin Donuts Park, and a 30-minute drive to Bradley International Airport1.

The Property is currently used as a parking lot (160 spaces) but could be developed in a mixed-use commercial and multifamily residential capacity in Hartford’s Capitol District. Highly visible from I-84, the Property is located in an Opportunity Zone and will be provided “as-is.”

Site: 54,450 Square feet or 1.25 ± acres


Frontage:
273.37’ on Capitol Avenue

226.68’ on Flower Street

68.78’ on Broad Street

 

Zoning:  MX-2 (mixed-use)


A condition of sale requires the purchaser to replace 160 parking spaces on-site or within a short walking distance of the Property at no cost to the State.