Deal Ticker: Massive Allen Mixed-Use Development Breaks Ground
Plus: Clean Earth Company leases industrial space in Alvarado, S2 Capital sells DFW apartment communities to an out-of-state buyer, and more.
Allen-based developer JaRyCo broke ground this week on
The Farm in Allen, a 135-acre mixed-use project that will include 1.6 million square feet of office, 142,000 square feet of retail, a 150-key hotel, 60,000 square feet of restaurants, townhomes, and urban residential units. Work will begin with the development’s infrastructure, including the roads and utilities, followed by construction of West Lake Park, the phase one trails, and the public parking garage.
Last month, JaRyCo announced it will develop 102,000 square feet of class A office space, called FarmWORK One. The three-story building will be located across from The Central District and will include several healthy building elements, such as outdoor, Wi-Fi-equipped work areas, touchless features throughout the buil
Canada s condo amenity wars
Competition for affluent condo buyers has developers piling on frills car fleets, meditation walls and even perks that assuage the social conscience
Vancouver House (Courtesy of Ema Peter/Westbank)
The marketing material for Vancouver House listed 20 reasons to buy a home inside the residential skyscraper overlooking False Creek. Among them: use of a fleet of BMWs; access to a 25-m heated rooftop pool configured so it’s sheltered from the wind yet lets in sunshine; and a 24-hour concierge trained to the same standard as those at the five-star Fairmont Pacific Rim hotel.
But when Allen Oram joined the project as part of the Westbank Development sales team in 2014 before the building broke ground he was moved to buy a unit for himself, in part because of a more unique incentive located halfway around the world. For each of the units sold at the 370-residence Vancouver House, another home would be constructed in Cambodia for poverty-stricken families li
Picture used for representational purpose only
SURAT: Navsari District Consumer Redressal Commission ordered a Mumbai-based firm and its Navsari-based agent firm to return fixed deposit amount to its owner with seven per cent interest from July, 2015, the date of maturity of the fixed deposit.
Jyoti Bodaliya, 64, a resident of Navsari town had lodged a complaint with Navsari District Consumer Redressal Commission in November, 2015 against Mumbai-based Plethico Pharmaceuticals Ltd. and its Navsari-based agent Western Securities after she did not get her fixed deposit amount back from them even after maturity.
Bodaliya had deposited Rs 25,000 on 12.5 per cent interest on fixed deposit on 36 months maturity period. The fixed deposit period was July, 2012 to July 2015 and she would get Rs 36,167 on maturity. After the maturity period was over, she contacted the company to return her money back. The company assured that they would give it in a month but did not return it.