Tag Archive | "The Hartford’s Chairman"

Tags: , , ,

Hartford Mayor Forms Alliance Against Capitol West Building


By Fran Wilson, Staff Writer

HARTFORD — The city’s patience with the owners of  the Capitol West Building on Myrtle Street has run out.

So said Mayor Pedro E. Segarra in a recent statement to the press announcing the city’s decision to take the blighted property by eminent domain.

Today at 11:30 a.m. in parking lot 5 of the insurance company, The Hartford Financial Services Group, Segarra is expected to join business and community leaders, who his office said, support tearing down the Capitol West Building. The lot is at 36 Garden Street in the city’s Asylum Hill neighborhood.

Later tonight, the City Council is expected to act on the mayor’s resolution regarding the acquisition of the Capitol West property at 1-7 Myrtle Street through eminent domain.

Earlier this month, the Hartford Redevelopment Authority voted 4-1 in favor of this action.

The mayor applauded the  agency’s decision.

Mayor Pedro Segarra poses with Hartford CEO Liam McGee in front of the Capitol West Building

“I’ve always based my decisions on what is in the best interest of the City.  While some would have you believe that this project is too costly, the price of doing nothing would be far greater and far more devastating to the City in the long run,” says Mayor Segarra.

The Mayor, in a press release, also thanked The Hartford “for its patience and desire to be a partner with the City on this project that he feels will improve the quality of life of the Asylum Hill community and ultimately benefit the thousands of people who drive along I-84 and witness this eyesore.”

Last November The Hartford  announced a five-year $7 million investment in the Asylum Hill neighborhood, thier home for more than 90 years. According to reports, the investment includes a $2 million contribution to help the city purchase the Capitol West building, take it down, and improve the property.

The Hartford’s Chairman, President and CEO Liam E. McGee and Segarra announced the company’s plans during an event held at the West Middle School in Hartford.



 

 

Posted in Hartford, NeighborhoodComments (0)

  • Latest News
  • Tags
  • Subscribe
Advertise Here