{"id":1132,"date":"2021-11-22T21:13:39","date_gmt":"2021-11-22T21:13:39","guid":{"rendered":"https:\/\/www.ehgazette.com\/?p=1132"},"modified":"2021-11-22T21:32:30","modified_gmt":"2021-11-22T21:32:30","slug":"pratt-whitney-announces-sale-of-300-acre-historic-former-airfield","status":"publish","type":"post","link":"https:\/\/www.ehgazette.com\/?p=1132","title":{"rendered":"Pratt & Whitney Announces Sale of 300-Acre Historic Former Airfield"},"content":{"rendered":"\n
\"\"
Aerial Photograph of Rentschler Aifiled in the 1970s, when it was still being used.<\/figcaption><\/figure>\n\n\n\n

Pratt & Whitney today announced a sale agreement of its 300-acre on-campus former airfield Rentschler Field to National Development, which plans to use the site for future commercial development.<\/p>\n\n\n\n

The site will offer commercial businesses more than 280 developable acres, with superior access to Interstates 84 and 91, Pratt & Whitney and CBRE officials said today. The site includes the Cabela\u2019s 185,000 square foot retail store and is adjacent to the 40,000-seat football stadium, which is home to the University of Connecticut Huskies. CBRE believes the site is the largest and most convenient development site available between New York and Boston.<\/p>\n\n\n\n

\u201cThis brings tremendous opportunity for economic development to Rentschler Field, which could have a very positive impact on the overall Greater Hartford area,\u201d said Shane Eddy, SVP & Chief Operations Officer, Pratt & Whitney. \u201cWith neighbors like Pratt & Whitney, Cabela\u2019s and UConn football, the site offers an attractive place to do business with incredible access to major highways as well as the estimable talent available in the region\u2019s job market. We are pleased with the work CBRE has been able to do and look forward to an exciting next step for this historic piece of property.\u201d<\/p>\n\n\n\n

\u201cNational Development is very enthusiastic about the potential for the next phase of development at Rentschler Field.  The combination of the central location, the immediate highway accessibility and the access to a densely populated labor pool is unparalleled and we are already hard at work evaluating possibilities for the site,\u201d said Edward Marsteiner, Managing Partner at National Development. \u201cWe have a long track record of partnering with communities to deliver best-in-class projects, and we look forward to collaborating with local and state agencies to finalize the sale and bring economic development to this currently underutilized parcel.\u201d<\/p>\n\n\n\n

\u201cWe are pleased that we could bring two great companies together on a positive economic development opportunity to the Town of East Hartford,\u201d said John McCormick, Jr., Executive Vice President, CBRE. It is always exciting to work on a project that you believe will have tremendous, positive, long-term impact to a community.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Pratt & Whitney today announced a sale agreement of its 300-acre on-campus former airfield Rentschler Field to National Development, which […]<\/p>\n","protected":false},"author":1,"featured_media":1134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":["post-1132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.ehgazette.com\/wp-content\/uploads\/2021\/11\/1970.jpg?fit=806%2C672&ssl=1","_links":{"self":[{"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/posts\/1132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1132"}],"version-history":[{"count":2,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/posts\/1132\/revisions"}],"predecessor-version":[{"id":1135,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/posts\/1132\/revisions\/1135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=\/wp\/v2\/media\/1134"}],"wp:attachment":[{"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ehgazette.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}