Durham Council Gives Pink Slip to the Company It Selected to Redevelop the Old Police Headquarters
The old police headquarters in Durham
The Durham City Council faced criticism two years ago when it unanimously awarded the sale and redevelopment of the old police headquarters to the Fallon Company.
The Boston-based commercial real estate firm had offered millions less than what another out-of-state developer, Akridge, in partnership with New South Ventures, a local Black-owned firm, had offered. Fallon won the bid, however, in part because of its national recognition and its own partnership with WinnCompanies, the nationâs largest developer of affordable housing.