WEST HARTFORD, Conn. — Governor Ned Lamont and other officials took part in a in a beam signing ceremony for 540 New Park, the mixed-use, mixed-income residential and retail development under construction in West Hartford.
Officials said the project is being financed with federal Low Income Housing Tax Credits from the Connecticut Finance Housing Authority and additional subordinate financing from the Connecticut Department of Housing. It will include 52 units of housing and first-floor commercial space.
The development is located near the CTfastrak station on New Park Avenue and New Britain Ave. in West Hartford.
According to officials, "540 New Park is the former 2-acre Acme Auto Parts site and is equidistant from the Flatbush and Elmwood CTfastrak stations. The previously existing vacant warehouse on site was demolished, remediating a brownfield site and repurposing it for housing that will energize the neighborhood."
The building should be ready for occupancy next year.
HERE ARE MORE WAYS TO GET FOX61 NEWS
Download the FOX61 News APP
iTunes: Click here to download
Google Play: Click here to download
Stream Live on ROKU: Add the channel from the ROKU store or by searching FOX61.