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Deals & Dealmakers

Cushman tapped to market 132-acres in CT

Cushman & Wakefield has been appointed to offer for sale 200 Hopmeadow Street, a 132-acre former campus of The Hartford in Connecticut.

The site has liberal zoning in place that supports a range of development options. It has significant in-place utility capacity and infrastructure and the seller will consider offers for the entire site or for portions of the property.

The approved Hartford-Simsbury Form-based Code and tiered master plan approach for redevelopment of the site allows for maximum flexibility, including multi-family, single family, active adult, assisted living, hotel, retail, R&D, office, and medical-office.

Under the currently approved site plan, which is amendable by a new owner, the development would encompass 485 residential units, including 215 townhouse units with a variety of layouts and facades within 51 buildings, and 270 luxury apartments within six elevatored buildings.

The development would also include approximately 71,050 square feet of retail/office space, and a walking/bike trail that connects to the Farmington River Trail.

The location provides unobstructed views of the Farmington River and Talcott Mountain State Park, four minutes away from downtown Simsbury and two minutes from Route 44 shopping in Avon.

“This is a truly unique, high-end and flexible property that’s centrally located along Route 202 (Hopmeadow Street) offering easy access to the conveniences of a town center for residents, as well as for Hartford commuters who can reach the city in 20 minutes,” said Cushman & Wakefield’s Brian Whitmer from the East Rutherford, NJ, office, who is heading the assignment along with Brian Barnett from the firm’s Boston office and Al Mirin from the Stamford, Conn. office.

“It’s rare to have sites of this size enter the market that are as well located as this one,” Whitmer added.
“200 Hopmeadow Street can accommodate a wide range of uses, including mixed-use development that promotes a live-work-play atmosphere in the suburbs.”

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