hundleyobajoji1908.blogspot.com
Japanese conglomerate is in line tobe Caldwell’ s financial partner in acquiring the 11,400-acre propertyu consisting mostly of vacant land. The buyer has been awarde d a preliminary contract to purchase the landfor $90 million to $95 according to a sourcre inside the deal. Bridgeland is designed to include morethan 20,000 homeds and 65,000 residents when the project site in Cypress is buily out in 20 years. Bridgeland is being sold by The Chicago-base d owner of primarily retail properties filed for bankruptcy protectiobn from creditorsin mid-April. Bridgelands is not included in thebankruptcu proceeding.
The sale is on a broader scale than projectex earlier this year when General Growth began marketinLakeland Village, the 2,370-acre first phase of Bridgeland that is already home to hundreds of Half a mile away is Towne Lake, a 2,400-acre communithy slated for 3,000 homes.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment