FLANAGAN’S LANDING INVESTORS SPONSORS
Martin Kenny is the principal and sole owner of Lexington Partners, LLC, a Hartford based commercial real estate firm. Mr. Kenny has been active in the Connecticut, New England, and Florida commercial real estate industry for over 30 years as a developer, owner, broker, lender and property manager.
In 2009, Mr. Kenny completed construction on Addison Mill Apartments, which involved a $12 million conversion of an abandoned historic mill constructed in the 1850’s into 55 luxury apartment units in Glastonbury, Connecticut. This complex development was delivered on time and under budget in 15 months time. The property today is currently 100% leased with a waitlist. Prior to the construction of Addison Mill, Mr. Kenny developed Trumbull on the Park in 2006; a $40 million multi-use commercial development located in the Central Business District of downtown Hartford. Trumbull on the Park features 100 units of market rate, multi-family housing, a 600 car parking garage and 8,000 square feet of retail fronting Bushnell Park.
Most recently, Lexington Partners completed construction of Mallory Ridge Apartments in nearby Bloomfield. The property is now rapidly leasing up under the direction of Lexington’s proving team. Mr. Kenny also recently received approval for a mixed use development in Glastonbury, known as Flanagan’s Landing, which will feature 250 apartments. Kenny is also a development partner with Alan Lazowski in a 200 unit, 20,000 s/f apartment/retail development known as 111 Pearl Street in downtown Hartford, scheduled to begin construction later this year. Mr. Kenny’s other past development experience includes multi-family housing, office, industrial, and parking facilities.
LAZ Parking, LLC was founded in 1981 by Alan Lazowski in Hartford, CT and has grown to be the third largest parking company in the United States. LAZ owns, leases, and manages private and public parking facilities across the country through joint ventures and public/private partnerships. LAZ has a national presence with Annual Managed Revenues of over $800 million in 26 different states. LAZ is a pioneer and industry leader in Parking-Private Partnerships, currently operating the Chicago Downtown Public Parking System ($563 million/99 year concession) and the Chicago Metered Parking System ($1.15 billion/75 year concession).
Alan Lazowski has extensive real estate investment, development and management experience. Mr. Lazowski and Mr. Kenny have been partners and friends for 25 years and are partners together in multiple projects. Alan is presently on the Board of Directors of the National Parking Association, the Green Parking Council, the Goodwin College Foundation, the Bushnell Theater, the Greater Hartford Jewish Federation, the Hebrew Home and Hospital, the Anti-Defamation League, the Hartford Economic Development Company, and the Chabad House of Greater Hartford. Additionally, Alan has received numerous awards including the Thomas and Bette Wolff Family Entrepreneurship award at the University of Connecticut, the NAACP Civil Rights Award, the ADL Torch of Liberty Award and the Lifetime Achievement Award from the Hartford Business Journal.