http://www.kasabati.com/article/If-Affordability-Is-So-Low--Why-Is-The-Market-So-Strong--C-A-R-s-Economist-Explains.html
The approved Tri-Land’s plan to redevelop the at 63rd Street and Blue Ridgde Cutofflast month. The approved $5.6 million in TIF reimbursementxs forthe $30.7 milliohn project in June 2008. Tri-Land is based in Westchester, Ill. “Wew are very excited to be moving forwarr with thisredevelopment project,” Tri-Land Executive Vice President Hugh Robinsobn said in a release. “We have had a great relationshil with the city and the two district council Terry Riley and Cindy throughoutthis process. We look forwared to deliveringa renewed, high-quality projectg to this great community.
” Redevelopment of the 183,000-square-foot center will includw a new facade, updated signagwe and lighting, landscaping upgrades, expansion of a Priced Chopper supermarket that anchors the center and increaserd pad-site availability along 63rd Street. Tri-Land also hopes to announce a new anchor tenant soon forthe 37-year-old center. Tri-Landx owns and manages more than 2.8 millionm square feet of retail space inthe Midwest, Mid-Atlantic and Southeast regions of the country. It specializes in acquirintg and revitalizing distressed and undervalued community centerz rangingfrom 100,000 square feet to 750,00p0 square feet.
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