[ryanthegoldengod]

Some of these places are crazy expensive. I'm talking to you Trumbull On The Park, The Grand On Ann Street, The Lofts At Main and Temple, 777 Main, Hartford 21......

Others are more reasonable: Bushnell On The Park, 179 Allyn Street, 915 Main Street, Union Place Apartments....

Also, Hartford seems to be converting from an office hub to an apartment hub. One question: if there ends up being no more businesses downtown, can the convenience argument still hold for apartment living? Either people really are going to move downtown and it will be revitalized or it will truly become a ghost town--with no businesses or residents.

[HumpDay]

Originally Posted by ryanthegoldengod

Some of these places are crazy expensive. I'm talking to you Trumbull On The Park, The Grand On Ann Street, The Lofts At Main and Temple, 777 Main, Hartford 21......

Others are more reasonable: Bushnell On The Park, 179 Allyn Street, 915 Main Street, Union Place Apartments....

Also, Hartford seems to be converting from an office hub to an apartment hub. One question: if there ends up being no more businesses downtown, can the convenience argument still hold for apartment living? Either people really are going to move downtown and it will be revitalized or it will truly become a ghost town--with no businesses or residents.

I wouldn't say it's turning into an apartment hub from an office hub. There have been lots of jobs moving into downtown recently. I would say more people are working in Downtown Hartford than 2008-2010. Office Vacancy has gotten lower every year. 777 Main used to be all office but remaining workers moved into CityPlace. That building is nearly 100% occupied.

Hartford 21 is very nice from what I heard. Many of the Hartford Wolf Pack players live in that building. It's right next to the XL Center which is very popular for large scale events like concerts and sporting events. I heard some negative things from Bushnell Tower and Smith Tower. The Grand on Ann Street is really nice. There aren't many apartments at The Grand and I believe almost all of them are occupied. Rents can be pretty high in downtown Hartford because of the high demand for more apartments and it has gotten more desirable for young families. When UCONN moves into Hartford in a few years then there would most likely be more construction projects. Northland (which built Hartford 21) has been looking to build a new facility in downtown. Hopefully it comes through.

[EUPL]

Gr. Htfd. apartment occupancy among highest in nation | HartfordBusiness.com

[JayCT]

Originally Posted by ryanthegoldengod

Some of these places are crazy expensive. I'm talking to you Trumbull On The Park, The Grand On Ann Street, The Lofts At Main and Temple, 777 Main, Hartford 21......

Others are more reasonable: Bushnell On The Park, 179 Allyn Street, 915 Main Street, Union Place Apartments....

Also, Hartford seems to be converting from an office hub to an apartment hub. One question: if there ends up being no more businesses downtown, can the convenience argument still hold for apartment living? Either people really are going to move downtown and it will be revitalized or it will truly become a ghost town--with no businesses or residents.

One thing you have to understand. Big companies, like insurance companies, no longer need vast amounts of office space like they once did. They have embraced the concept of work-from-home and Hartford's major employers have some of the highest, if not the highest, percentage of employees that do so. I had heard that it is something like 47% of the employees now do some or all of their jobs from home at major Hartford insurers. That means there is no longer a need for so much office space. Not everyone needs to have their own cube or office any more. This is why a company like Aetna can empty a million square foot office complex in Middletown. This has created a surplus of office space particularly in older buildings. Many of which are now being converted to residential uses. Jay

[EUPL]

Originally Posted by JayCT

One thing you have to understand. Big companies, like insurance companies, no longer need vast amounts of office space like they once did. They have embraced the concept of work-from-home and Hartford's major employers have some of the highest, if not the highest, percentage of employees that do so. I had heard that it is something like 47% of the employees now do some or all of their jobs from home at major Hartford insurers. That means there is no longer a need for so much office space. Not everyone needs to have their own cube or office any more. This is why a company like Aetna can empty a million square foot office complex in Middletown. This has created a surplus of office space particularly in older buildings. Many of which are now being converted to residential uses. Jay

This is true, at our company several depts allow employees to work at home, at least once a week.

[GoHuskies]

Another reason rentals are scarce is transient employees. Companies like Travelers might will have employees come into the region for a short time and apartment dwelling right downtown is the easiest option. Especially true when several employers subsidize housing costs.