This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Phoenix’s Plaza Reconstruction Begins, Adding Key Piece To Hartford’s IQuilt Plan

Stocks in this article: PNX

The Phoenix Companies, Inc. (NYSE:PNX) has begun extensive renovations of the plaza surrounding One American Row, its Hartford, Conn., headquarters known as the “Boat Building.” When it is completed, most of the sections covered with brick pavers will be replaced with environmentally friendly planted areas.

The reconstruction plans are consistent with the goals of Hartford’s iQuilt Plan, which uses creative urban design to strengthen pedestrian links between downtown destinations. The iQuilt Plan lists the Phoenix Boat Building as one of the city’s important cultural destinations. Phoenix’s plaza, which connects seamlessly to Constitution Plaza and Riverfront Plaza, is also part of the East Coast Greenway, a designated bicycle route extending from Maine to Florida.

“The success of the iQuilt Plan depends on the participation of multiple property owners, and we are pleased the timing of our much-needed plaza renovations made it easy for us to incorporate iQuilt elements into the design,” said Bonnie J. Malley, executive vice president for Phoenix, who serves as the iQuilt Partnership Board Chairperson.

The project grew out of the need to address practical concerns, as the plaza serves as the roof of Phoenix’s ground-level offices and was last renovated nearly 30 years ago.

The reconstruction will take place in two stages, with the south and east sides completed this year and the north and west sides completed in 2013. It is among several iQuilt projects underway or planned to begin next spring.

ABOUT THE “BOAT BUILDING”

Known locally as the “Boat Building,” Phoenix’s headquarters was the world’s first two-sided office building and remains a major architectural landmark in Hartford, Connecticut, and a significant example of the Modernist architectural style. Completed in 1963, the building is listed on the National Register of Historic Places and holds the Silver Leed® certification from the U.S. Green Building Council.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs