296 Homestead Ave

Stanley P. Rockwell Company Factory, a registered Historic Place, is a brick factory comprised of six adjoining one- to two-story red brick, concrete block, or wood-frame blocks. The original plant was enlarged in 1943 and remained in continuous use until 2010, when the Company ceased operations. Please refer to the attachments for more property information. The neighborhood surrounding the Stanley P. Rockwell Company factory is developed with a mix of residential, industrial, commercial, and institutional buildings, and parallel to one of the city’s primary commercial corridors, Albany Avenue. Most recently, Hartford Specialty Machinery Co., also on Homestead Ave, was purchased or the express purpose of constructing a cannabis grow operation. Current zoning regulations allow for Multifamily (4+ units) developments; Small Residential Care; Hotel/Apartment Hotel; Community Service; Offices. Medical Marijuana production allowed subject to use-specific conditions (*possible Special Permit). Currently, approximately 1,200 sf is being rented by 2 tenants for storage and generating $28,800/year. There are no leases in place. Phase II environmental reports are available. Showings require 24 hours notice.
Seller will consider development partnerships and Brownfield Development Funding is available via CT DECD website. Applications close on 8/24/2024.