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Goodwin College has broken ground on a 25,000-square-foot, $8 million commercial building that aims to help revitalize the East Hartford school’s South Main Street campus area.
The building on Main and Ensign streets will be used as a mixed-use commercial building and not for academic purposes, Goodwin spokesman Philip Moore said.
Goodwin so far has secured one committed tenant, East Hartford-based American Eagle Financial Credit Union, Moore said. The school is also looking for at least one restaurant to set up shop in the complex, Moore said, preferably one that would be a venue for business lunches.
"This project will be a springboard,” Goodwin College President Mark Scheinberg said in a statement. “The south end of East Hartford is ripe for this type of development. It will keep people -- and their purchasing -- in town. If we do this right, this area will become a true destination.”
Additionally, the building should add about $1.3 million to the town’s tax rolls over an eight-year period, Goodwin said. The college will also pay $260,000 in permitting fees to East Hartford, the statement said.
Goodwin expects the project to be completed next fall.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
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Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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