81 arch street

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Hartford’s $23M Arch Street apartments leasing quickly after Aug. debut

The fourth and final phase of Hartford’s Front Street District is now complete with the recent opening of a new $23 million apartment complex. 

Residents of the 53-unit, 81 Arch St. apartments overlooking UConn’s Hartford campus began moving in Aug. 1, said Peter Christian, director of development and acquisitions for Greenwich-based HB Nitkin Group, the project’s developer. 

Christian said 60 percent of the units have been leased and 40 percent are currently occupied.

The complex includes a mix of studio, one-bedroom and two-bedroom apartments, and has 11,000 square feet of street-level retail and commercial space. No retail tenants have been signed there, Christian said Thursday.

Monthly rents range from $1,225 to $1,990, plus parking, according to the quasi-public Capital Region Development Authority (CRDA), which provided $5.6 million, or $103,700 per unit, in funding for the project.

The development was also backed by a $1 million state grant for environmental cleanup and other work at the site.

The project represents HB Nitkin Group’s second major apartment development downtown. It also built the nearby Front Street Lofts, which debuted in 2015 with 121 studio, one- and two-bedroom apartment units.

The Lofts have consistently had an occupancy rate of over 90 percent, according to CRDA.

The Front Street District, which is part of the larger Adriaen’s Landing revitalization project, has been in the planning and development phases for more than two decades. After years of delays, its final completion represents a major milestone for downtown Hartford. 

Front Street includes a number of restaurants and entertainment venues including Spotlight Theaters, Front Street Bistro, Bear's Smokehouse Barbecue, Ted’s Montana Grill, Capital Grill and Infinity Hall.

Sours: https://www.hartfordbusiness.com/article/hartfords-23m-arch-street-apartments-leasing-quickly-after-aug-debut

Fifty-three new studio, one and bi-level two-bedroom apartments are open for residents. Move-ins started August 1, 2019 at 81 Arch in the Front Street District in downtown Hartford. The apartments mark the fourth and final phase of the project known as Adriaen’s Landing and are the second new housing construction in the city center by Greenwich developer, H.B. Nitkin, (Nitkin).

Ten years after its inception, a convention center, science center, hotel, university branch, restaurants, a live music concert hall and two new apartment buildings will finally bring the ͞six pillars͟ economic development venture in Hartford to a close. Nitkin has successfully created a unique mixture of venues on Front Street to support the conference business booked at the Connecticut Convention Center, the visitors to the Marriott-Downtown Hartford Hotel and the surrounding corporate community including the Travelers, the Phoenix, Eversource headquarters which are adjacent to the district. One housing complex was part of the original plan for the district, but after the addition of the University of Connecticut branch (UConn-Hartford) to the former Hartford Times Building, the demand for more housing in the area grew. Arch Street is technically outside of the officially designated Front Street District, but tying in the Arch Street Tavern, a mainstay in the neighborhood allows for Adriaen’s Landing’s integration into the surrounding community.

The Front Street Lofts (Lofts) were the first new construction apartments in the city with 121 spacious studio, one and two-bedroom apartment units featuring  granite countertops, stainless steel appliances, dishwashers, full size washer and dryers, large windows, patios and balconies. On-premises amenities include a resident lounge with TVs and Wi-Fi, bike room storage, pet washing station, rooftop deck, concierge services, first class fitness center and parking access. The Lofts consistently remain at 94 to 97 percent occupancy since opening in 2015 and the expectation is the same for t81 Arch Street. The new apartments  range in rent from $1,225 to $1,900, plus parking. The property also has 11,000 square feet of street-level retail and commercial space. The total cost of the construction is $23 million with $5.6 million from CRDA and a $1 million Urban Act state grant for environmental cleanup and other site work.

Visit www.frontstreetdistrict.com for leasing details.

Sours: https://crdact.net/the-last-phase-of-the-front-street-district-nears-completion/
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81 Arch

(844) 539-0562

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Tuesday: - 5:00 pm

Wednesday: 9:00 am - 5:00 pm

Thursday: 9:00 am - 5:00 pm

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Does 81 Arch have any available units?

81 Arch has a unit available for $2,475 per month. Check out the Price and Availability section for more information on this unit.

What amenities does 81 Arch have?

Some of 81 Arch's amenities include in unit laundry, nest technology, and patio / balcony. To see the other amenities this property offers, check out the Amenities section.

Is 81 Arch currently offering any rent specials?

81 Arch is not currently offering any rent specials.

Yes, 81 Arch is pet friendly.

Does 81 Arch offer parking?

Yes, 81 Arch offers parking.

Does 81 Arch have units with washers and dryers?

Yes, 81 Arch offers units with in unit laundry.

Does 81 Arch have a pool?

No, 81 Arch does not have a pool.

Does 81 Arch have accessible units?

No, 81 Arch does not have accessible units.

Does 81 Arch have units with dishwashers?

Yes, 81 Arch has units with dishwashers.

Does 81 Arch have units with air conditioning?

Yes, 81 Arch has units with air conditioning.

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Sours: https://www.apartmentlist.com/ct/hartford/81-arch

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