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Exact(21)
The developers are applying for tax-exempt permanent bond financing from the New York State Housing Finance Agency to develop the building as a so-called 80-20 project.
He plans to develop the building commercially.
Hanover's role is to develop the building, due for completion in 2013.
Energy efficiency of buildings can be improved by implementing strategies to develop the building envelope components.
City officials have been hesitant about her plans to develop the building, which sits on the edge of Bushnell Park, the gleaming Capitol dome looming in the background.
But nobody had a clue where the money would come from to restore and develop the building, or what would be done with the upper floors.
Similar(39)
"We developed an idea to create a community interest company to develop the buildings into a visitor attraction, museum, and education centre to preserve this historical site and regenerate the area's economy".
They plan to develop the buildings into a hub for startups, where some will be investments and others added just to add to the cultural mix of the place.
Though landmark designation is often used to protect buildings from demolition or significant alteration, Ms. Wyden said she has no intention of selling to a developer, and is already restricted by existing zoning from further developing the building.
"It adds a new dimension to a development, especially if you are focused on families," said Mr. Shokouhi, who developed the building.
Have you developed the building adequately to hold the weight?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com