Jacobs Real Estate Advisors is excited to announce a $2 million preferred equity investment in the acquisition and construction of a mixed-use development in New Britain CT.
Conveniently located one block from the downtown New Britain CT Fastrak station and minutes from routes 9 & 72, “The Brit” will bring 107 apartment units and 5,600 square feet of ground-floor retail and restaurant space to a significant corner of downtown New Britain. “The Brit,” which will cater to young renters looking to engage in an urban lifestyle, puts a major emphasis on placemaking. Its ground-floor common areas amount to an “urban oasis” in the middle of downtown New Britain. Extra amenities include a pet spa, bike storage area, and 700-square-foot fitness center, in addition to the commercially operated retail and/or food and beverage outlets. Project completion is projected for 2022.
