Renaissance Development Breaking Ground on State Street Revitalization Project
On Friday, Sept. 15 at 10 a.m., Springfield-based Renaissance Development LLC will commence redevelopment of the Kavanagh Building at 443 State St. across from Springfield Technical Community College (STCC). The 28,000-square-foot building, vacant for 15 years, will be the future home of 35 one- and two-bedroom apartment units and approximately 10,000 square feet of rentable office and retail space.
Redevelopment will take place in two phases, with the first involving the demolition of the unstable rear portion of the building and renovation of the façade and front lower and street levels. Once completed (slated for summer 2024), phase one will comprise 10,000 square feet of retail space for several commercial tenants ranging in size and use, coupled with 15 units of housing and 43 parking spaces.