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Daily News: Wednesday 1/15/20

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$5.4 Million Multipurpose Building Constructed at Parshall High School

A new multipurpose building is being completed at Parshall High School in Parshall, N.D. The new building provides the school with updated classrooms, a new gymnasium, and a specialized makerspace inventing facility. The building cost a total of $5.4 million to construct and took just under two years to finish.


Monde Group Breaks Ground on $20 Million Mixed-Use Project in Little Rock

Monde Group, a Kansas-based development firm, has broken ground on its 41-acre mixed-use project titled The Esplanade District in North Little Rock, Ark. The project is set to contain 92 residential units as well as a spa, a fitness center, bike lockers, a beach, a swim-up bar, an entertainment space, and lush gardens. The project is set to cost $20 million and is scheduled to open in 2021.


Daycare Facility Approved for Construction Inside Greenwich Office Building

A plan to construct a daycare center in an office complex in Greenwich, Conn. has been approved by the town Planning and Zoning Commission. The Bright Horizons Children’s Center will be constructed within a 13,000 square-foot building which once served as office space. The project will feature 14 parking spaces and will also feature a playground. The project’s cost is currently unknown.


$166 Million Mixed-Use Project Planned for Atlanta

A new mixed-use development featuring affordable housing for seniors has broken ground in Atlanta. The $166 million project will feature 681 residential units, of which 97 units will be reserved for senior housing. 45% of the building’s units will be dedicated to affordable housing for those earning up to 80 percent of the area median income. The project will also feature 36,500 square-feet of retail and health and wellness space. The development is set to be complete in 2026.


Franklin Mountain Capital Purchases Two Towers in El Paso

Two of El Paso, Texas’ largest office towers have been sold to Franklin Mountain Capital, an affiliate company owned by El Paso billionaire Paul Foster. The deal, which comprised of One San Jacinto Plaza and the Wells Fargo Plaza, means that Franklin now manages nearly two million square-feet of office space in west Texas. The purchase price was not disclosed.


November/December 2019

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