Bristol Greenlights $5M Downtown Apartment Complex

[Filipe Pereira]

Bristol greenlights $5M downtown apartment complex

https://www.hartfordbusiness.c...

Very good news for Carrier and even more so for Bristol CT residents who will be given another option for housing. Rents are expected to be in the $1,100 to $1,900 range and while that does feel a bit high for the market, if these units are higher end and offer nice amenities with multiple bedrooms I think they will rent. 

I'm a fan of the tax abatement procedure so long as it's mutually beneficial to both sides of the table and that appears to be the case here!

Well done, city of Bristol!