Days after the city of Hartford selected one of three finalists to develop the Downtown North section and build a minor-league baseball stadium, a short meeting will be held for the next phase of the project.
Mayor Pedro Segarra said on Tuesday the city has chosen DoNo Hartford, LLC as the developer of the area just north of Interstate 84 in Hartford.
Segarra will convene a special meeting of the Common Council tonight to listen to details on a resolution, which includes transferring 19 properties to DoNo Hartford, LLC for $1 each. There will be no vote on the resolution on Thursday, Segarra said.
No presentations are expected and the meeting is expected to last for just afew minutes, according to the mayor's office, and this will kick off the process that includes a public hearing.
Hartford received four proposals earlier this summer. Three plans – from CV Properties, the Hooker Brewing Company and Centerplan Development Company with Leyland Alliance – met the criteria for development.
CV Properties proposed a $217-million project, including a 6,000-seat stadium, brewery, residential and office space and a supermarket with covered parking, while the Hooker Brewing Company outlined a $16-million 40,000-square-foot stadium and beer garden.
The proposal selected by Hartford includes a $350-million development including a 6,000-seat stadium, Little League park, brewery and supermarket.
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"We can't comment at this point but Centerplan continues to be very eager to work with the City of Hartford and invest in its future," said Yves-George A. Joseph II, vice president of development at Centerplan.
The resolution would authorize the city to lease back the ballpark from DoNo Hartford, LLC for an initial term of 25 years and then sublease it to Connecticut Double Play, LLC, the parent company of the New Britain Rock Cats.
The ball club would rent the stadium for $500,000 per year for the first 15 years of the deal and $600,000 for the final 10 years of the initial agreement.
