Connecticut to convert two empty office buildings into 286 apartments for $120m
Two vacant office buildings in Connecticut are set to be redeveloped into 286 loft-style residential apartments. The conversion project carries a projected budget of $120 million, with financing backed by Bank OZK. The redeveloped properties will feature modern amenities for future residents. The project highlights a growing trend of repurposing underutilized commercial real estate for residential use. The site also benefits from strong rail connectivity to nearby urban centers and major road networks.
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