Mayor Sarno states, “This is yet another significant milestone for this historic redevelopment project for our Court Square and downtown area. The response for housing in this historic building has been incredible and exceeded all of our expectations in a good way. With all of the positive economic development projects now open and operating or underway, between MGM Springfield, the ongoing renovations to our historic Court Square Park, a new Civic Center parking garage being built, pending redevelopment of the three significant properties on the corner of State Street and Main Street by national developer McCafferys, a new downtown Big Y grocery store at Tower Square, and all of events and activities at our MassMutual Center, all played a role in making 31 Elm Street a major draw for tenants to want to live in the heart of our downtown neighborhood.”
“I want to thank all of our public and private partners for their continued dedicated efforts in making this significant and historic economic development project happen,” said Mayor Sarno. “Springfield’s mojo is thriving and I am proud that my administration has been able to advance all of these projects and initiatives to their completion.”
Michael V. O’Brien, Executive Vice President WinnCompanies, on behalf of their partnership with Peter Picknelly of OPAL stated, "We are so excited. The response to leasing apartments at our 31 Elm has exceeded our always high expectations. As of today, we have lease applications in hand for all of the 74 available units. Truly unprecedented in our national experience. We are still actively seeking and accepting lease applications per standard procedures. We will maintain an active waiting list when all apartments are leased up. Move-ins are expected in late December 2023 and early January 2024. Clearly, the market has responded so positively to living in high quality apartments in Downtown Springfield. We are humbled and grateful for that response. Our instincts told us early on that our partnership with the State and the City on this significant endeavor would be a success. So far so great!”
Peter Picknelly notes, “with all the improvements made to our city’s core center over the last few years, people are finding downtown Springfield a very desirable place to live and enjoy.”