David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
QUEENS, NY—Development partners Treeline Cos. Mega Contracting and Glenmont Capital Management have secured nearly $45 million for a multifamily project that includes 19,000 square feet of street level retail.
BUENA PARK, CA—Two firms who have purchased property from the city will add a mixture of progressive housing that conforms to city's revitalization goals.
SACRAMENTO, CA—California is to receive $12 million in added Federal funding for the Section 811 program that provides rental assistance for low-income residents.
THE BRONX, NY—2415 Third Avenue, a commercial loft building located in the Mott Haven neighborhood brought $31 million, and the purchasing partnership plans to put $12 million into improvements.
DENVER—The 34-story tower will provide mountain and skyline views and will include 10,000 square feet of retail and a 300-space underground parking garage. It is scheduled for completion in 2017.