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Hartford Foundation proposes nonprofit hub on Albany Avenue; committee forwards sale to council
Summary
The Hartford Foundation for Public Giving presented plans to buy three city-owned North End parcels for a nonprofit hub and gateway project; the committee voted to send a favorable recommendation to the City Council contingent on appraisal, environmental review and required planning referrals.
The Planning, Economic Development & Housing Committee voted Dec. 16 to send a favorable recommendation to the City Council for a proposed sale of three city parcels (10 Albany Ave, 18 Albany Ave and 1441 Main St) to the Hartford Foundation for Public Giving, which envisions a nonprofit hub, convening space and neighborhood amenities.
Director Jack Benjamin described the disposition resolution: the term sheet proposes selling the three city parcels for no less than $100,000 total, subject to appraisal and environmental cleanup cost estimates. "What needs to happen, essentially…
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