Mayor Domenic J. Sarno announced today that the Commonwealth of Massachusetts Department of Housing and Community Development has approved the disposition of the property known as 3-7 Elm Street and 13-31 Elm Street in downtown Springfield, marking a significant milestone for the advancement of the historic redevelopment project to be undertaken by Historic Court Square Development Associates. The project entails a complete restoration of the former Court Square Hotel building, with the property to be utilized as a mixed-use development, including new market rate and workforce housing apartments to address the housing shortage that exists in Springfield as well as ground floor retail. In addition, the development will generate additional tax revenues and construction and permanent jobs.
Mayor Sarno stated, “Even though presently we’re in the midst of defeating this COVID-19 (coronavirus), we must move forward and continue to dictate our future. Though this project has lay dormant for nearly 30 years. I am very proud that my administration will finally be able to restore the historic grandeur of this once stately building. Special thanks goes out to Governor Charlie Baker and Housing and Economic Development Secretary Mike Kennealy, my city team, SRA board and Opal Winn Development for never giving up on this vital economic project – Another initiative some said would never get done in Springfield moves forward.”