Project Update: The Hayden
After a long and complicated renovation process, the first tenants are scheduled to move into The Hayden early next year. The two historic Capitol Square buildings, which will hold mostly offices, have been unoccupied for over a decade.
Michael Tomko, President of the Tomko Company, said that the project is now about 40 percent leased, and he doesn’t anticipate having any problem leasing the rest of the space.
“The leasing has been the only easy part of this,” he said, referring to the unexpected challenges that can arise when renovating buildings of this vintage (the taller of the two buildings, at 16. E. Broad St., was built in 1901, while its neighbor at 20 E. Broad St. dates to 1869). “Once we get the buildings conditioned and the first spaces occupied, we’ll be in good shape to get it filled up…I expect before the first half of next year.”
Tomko also said that an agreement is now in place to lease the ground floor of 20 E. Broad St. – a prominent space that features tall ceilings, historic details and large windows facing both Broad Street and Pearl Alley.
Although he couldn’t share the name of the tenant yet, Tomko said to expect an announcement soon, and that work to build out that space is expected to begin in January.
Scroll down to see photos from a recent tour of the building.