February 6, 2025 - 22:06
A significant real estate project is set to transform the Orange Memorial Hospital site, featuring a 1,000-unit apartment building that promises to include 20% affordable housing. Developers are committed to not only addressing the pressing housing needs of the community but also preserving a historic property located on the site.
This ambitious project, valued at $350 million, aims to create a vibrant residential community while ensuring that a portion of the units remains accessible to low- and moderate-income families. The inclusion of affordable housing is a critical component, reflecting the developers' dedication to social responsibility amid rising housing costs in the area.
In addition to residential units, the project is expected to enhance local amenities and contribute to the revitalization of the neighborhood. As plans move forward, community engagement will be essential to ensure that the development meets the needs and expectations of current residents while honoring the historical significance of the site.
May 31, 2025 - 02:13
Former Home of Robert Urich Listed for $9.7 MillionIn a significant real estate development, the former residence of actor Robert Urich has been placed on the market for an impressive $9.7 million. This listing marks the highest-priced residential...
May 30, 2025 - 04:10
Rising Mortgage Rates Signal Continued Struggles in Housing MarketMortgage rates have increased for the third consecutive week, highlighting ongoing challenges in the housing market. This upward trend in borrowing costs is contributing to a noticeable slowdown in...
May 29, 2025 - 05:03
World Property Ventures Set to Initiate New Capital Raising EffortsMichael Gerrity, the Founder and CEO of World Property Ventures, has revealed plans for a new capital raise scheduled for later this summer. This strategic funding initiative is designed to enhance...
May 28, 2025 - 01:40
New Maisonettes and Villas for Sale in Paphos: A Perfect Retreat for Summer Living and RetirementA fresh selection of maisonettes and villas has been introduced for sale in Paphos, Cyprus, enhancing the range of residential properties available in this stunning locale. Paphos, celebrated for...