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September 28, 2009
Forest City in the News
Denver Post, Developer Forest City wants to donate money to build Stapleton school
With tax revenue declining, local officials are scrambling to figure out how to build another school at Forest City's Stapleton project. The Cleveland developer has pledged to, "take $5.5 million earmarked for a park and instead donate the money for a new school in the neighborhood. John Lehigh, president of Forest City Stapleton Inc., also wants to contribute the land for the future school, which the neighborhood desperately needs."
The Eagle-Tribune, Haverhill gets final $1.7 million for parking garage
The announcement that Haverhill, MA is to receive $1.7M to build a downtown parking garage will be made at, "at an event that is also to celebrate the completion of a portion of the Hamel Mills Lofts complex. That housing development is located in a series of renovated factory buildings that formerly housed the L.H. Hamel Leather Company. The state provided millions worth of historic tax credits to help Forest City Residential Group build the complex."
Posted by lumi at September 28, 2009 4:54 AM