Last month, New Britain-based JASKO Development completed its renovation of the building where four floors were converted from commercial space to one-bedroom apartments to meet the growing demand for downtown housing.
Avner Krohn, owner of Jasko Development LLC, in an interview said his firm recently finished a year-long redevelopment of the upper four floors of the 28,473-square-foot building at 132 Main St.
The office-to-apartment conversion adds 20, one-bedroom apartments to New Britain's steadily growing downtown corridor, Krohn said. Several leases have already been signed for a variety of one-bedroom layouts sized 500 square feet to 700 square feet. The first tenants will begin occupancy in early July.
The market-rate units, he estimated, are roughly 20% to 30% cheaper than comparable spaces in Hartford and other nearby towns.
Historic New Britain building converted to apartments; you can now live where Harry Houdini performed
JASKO Development finished its reworking of the historic building at 132 Main St. New Britain, creating 20 one-bedroom apartments on four floors. The building was converted from what was commercial space.
Avner Krohn, one of the most active developers in downtown New Britain in recent years, is proposing to build a 111-unit multi-family housing development on vacant Bloomfield land. The site is less than a half-mile from where Jasko Development and Zelman recently completed a 14,459-square-foot medical office building at 10 Jolley Dr.
Jasko Development, LLC, the New Britain, CT based real estate developer has purchased the 14,500 sf former Sid Miller’s Appliance building at 10 Jolley Drive, Bloomfield, CT with plans to convert the 12,600 sf appliance retail space into a high-presence medical facility. Over the past 5 years, Jasko has constructed a dozen such medical/dental facilities for tenants such as AFC Urgent Care, Columbia Dental, Charter Oak Dental and others.
Twenty one-bedroom apartments and space for two or three bars or restaurants will be available after the restoration of the historic Andrews Building, Mayor Erin Stewart and Jasko Development have announced.
The restoration by Jasko is expected to be completed by the end of the first quarter of 2020.
This project is a way of meeting the growing demand for housing in downtown New Britain, according to Avner Krohn, CEO of Jasko Development.
Downtown New Britain will add 20 more apartments through landlord Avner Krohn's planned makeover of one of his center-city properties.
Developer Avner Krohn is doubling down on his bet that there’s rising demand for apartments in downtown New Britain. Krohn, whose company converted the Raphael Building into housing in 2017, announced this week that he’ll turn four floors of the five-story Andrews Building into apartments.
Krohn’s Jasko Development plans to remodel the Andrews into 20 one-bedroom units by early next spring. Krohn said they will feature high-end detailing but will rent for 20 to 30 percent less than similar apartments in Hartford or nearby suburbs. His company has performed somewhat similar conversions of the Raphael Building at 99 Main St. and the Rao Building at 160 Main St.
Jasko Development, LLC announces the ground-up construction and leasing of a 3,230 SF American Family Care Urgent Care medical center at 1171 East Main Street in Torrington Connecticut. The facility includes eight exam rooms, a procedure room, a dedicated X-ray room, and ample parking on .50 acres.
The Jasko Development Build-To-Suit project was completed in 18 weeks, from groundbreaking to ribbon-cutting.
Jasko Development, LLC announces the leasing of home-style restaurant space in the historic Rafael Building. Catering to the “grab and go” clientele, the new venture will offer tables for those that prefer to dine-in.
The Renovation of the 29,000 SF Raphael Building was completed by Jasko Development, LLC in 2017 with the successful conversion of 14,900 SF of abandoned office space into sixteen luxury apartments over the eight street-level retail spaces. The Rafael Building project is the third historic reclamation project successfully completed in New Britain by Jasko Development.
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