Located in the heart of Bushnell South, steps from Bushnell Park, the 55 Elm Club is a notable Hartford building. Originally built in 1926 for the Connecticut General Life Insurance Company, the building was designed by James Gamble Rogers in a distinctive 15th century Florentine palace style. A freestanding Press (Annex) Building was later connected to the Main Building by an overhead bridge, sharing similar but less ornate architectural qualities due to its more industrial use. In 1958, the building became home to several State offices.

In 2020, the property was acquired with the intent of converting the site into a mixed-use development. The redevelopment responded to a growing need for housing and amenities in Hartford, particularly in an area that had become disconnected from downtown due to past urban renewal decisions that prioritized surface parking over dense infill. Shortly after acquisition, the COVID-19 pandemic significantly impacted cities and office occupancy nationwide. Despite uncertainty, the project moved forward with a revised plan that shifted away from hotel use in favor of residential units. The 55 Elm Club contributes much needed housing and supports ongoing efforts to revitalize this part of Hartford.