Wednesday, September 3, 2014, 12:08pm

Preferred Developer Picked For Hartford Ballpark

The city has selected DoNo Hartford LLC as the preferred master developer to build a $350 million minor league ballpark and mixed-use complex north of downtown.

The city council will meet Thursday to discuss proposals submitted by DoNo Hartford and Boston-based CV Properties LLC.

Hartford Mayor Pedro Segarra proposed selling 19 city-owned properties to the master developer for $1 apiece. The city would lease the park from the master developer for 25 years as the new home of the New Britain Rock Cats, the AA affiliate of the Minnesota Twins.

The Rock Cats would sublease the stadium from the city. The ballclub would pay the city $500,000 a year for the first 15 years and $600,000 for subsequent years, the Hartford Courant reported.

The project also would include 210,000 square feet of municipal office space, at least 600 residential units and retail space including a supermarket.

DoNo Hartford was formed in June as a partnership between Middletown-based Centerplan and New York-based LeylandAlliance, both of which have a hand in current development projects in the state.

Centerplan, owned by former state Rep. Robert Landino, in May won approval from New Haven officials for a 120,000-square-foot mixed-use project on a 5.3-acre parking lot on the Route 34 Connector. The first phase will include a 30,000-square-foot headquarters for social services agency Continuum of Care.

LeylandAlliance is master developer of the Storrs Center mixed-use project at the University of Connecticut including apartments, restaurants and retail shops.

 
 

– See more at: http://www.commercialrecord.com/article.php?RF_ITEM%5B%5D=Article$0@160964;Article&css_display=print#sthash.HvxtMRmb.dpuf

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