US: A four storey, 122-key extended stay hotel close to the Central Connecticut State University campus in Newington has been granted planning consent.
The $10 million project on Cedar Street will be developed by Hayes-Kaufman Developers, which requested a 10-year, 40 per cent tax abatement from the town. The abatement is key to the project securing financing, meeting minutes said.
The application was submitted by Gold Coast Properties CT 1, LLC, a limited liability corporation with a registered address in Miami. The planning and zoning approval enables sitework to begin to prepare for laying foundation and the building, which would need further permitting from the town.
“They’re more or less approved to start site construction,” said Newington Town Planner Renata Bertotti.
The project is expected to create up to 250 construction jobs and 15 permanent jobs.
