Teach­ers

Hartford Courant (Sunday) - - Connecticut -

spa­ces — one, with 4,643 square feet, and the other, at 1,822 square feet.

What has been the in­ter­est so far?

Even though the first open house was Nov. 15, the prop­erty man­ager — Imag­i­neers — has been reach­ing out to teacher unions, area school sys­tems and col­leges. So far, 18 units are un­der de­posit, 14 of those are in­come re­stricted and four are mar­ke­trate. Of the four mar­ket-rate apart­ments, two would be leased by teach­ers.

RBH said teach­ers gen­er­ally earn too much to qual­ify for the in­come-re­stricted apart­ments.

How does this project fit in down­town’s larger re­de­vel­op­ment puz­zle?

Since 2015, down­town Hart­ford has added 885 rentals that in­cluded fund­ing from The Cap­i­tal Re­gion De­vel­op­ment Author­ity.

An­other 551 units are in progress and 110 more are on the draw­ing board, for a to­tal of 1,546, ac­cord­ing to CRDA, a quasi-state agency cre­ated, in part, to in­crease mar­ket-rate apart­ment units in the city.

So far, CRDA says, de­mand seems to be hold­ing up with over­all oc­cu­pancy in com­pleted projects av­er­ag­ing 95 per­cent or bet­ter.

More res­i­dents are seen as key to trans­form­ing the city from a 9-to-5 to a 24/7 down­town.

KEN­NETH R. GOS­SELIN/HART­FORD COURANT

Teach­ers Vil­lage Hart­ford apart­ments in­clude stu­dios and one- and two-bed­room units.

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