CONSTRUCTIONAWARDED

City of Hartford Awards Construction Contract to Andaleeb Enterprises Llc (June 2024)

The City of Hartford awarded a 49-year ground lease and development agreement to Andaleeb Enterprises, LLC for the $10.76M redevelopment of 270, 292, 298 Albany Avenue and 10 Green Street as a mixed-use project, with an optional 49-year extension. The agreement includes affordable housing requirements and PILOT payments.

Document date · June 17, 2024

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,764,000 (projected total development cost)
Contract type
CONSTRUCTION
Contract term
49 years with an option to extend for an additional 49 years
Renewal
Lease term is 49 years with option to extend for an additional 49-year term. PILOT (payment in lieu of taxes) schedule escalates over the lease, starting at 0% for 3 years, then increases incrementally.
Document type
Agenda
Source document
city_of_hartford_virtual_committee_meeting_agenda.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Hartford?

Andaleeb Enterprises Llc was awarded this construction contract by City of Hartford, as recorded on June 17, 2024. The contract value is $10,764,000 (projected total development cost).

How much is the Andaleeb Enterprises Llc contract with City of Hartford worth?

The Andaleeb Enterprises Llc contract with City of Hartford is valued at $10,764,000 (projected total development cost), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_of_hartford_virtual_committee_meeting_agenda.pdf (Agenda), dated June 17, 2024 from City of Hartford. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Andaleeb Enterprises Llc hold?

Andaleeb Enterprises Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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