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Developers

Monday, November 12, 2012

Redevelopment Proposals for Ambassador Apartments Under Review

Final evaluations for developer proposals for the Wheaton apartments are set for Nov. 27.

  The Montgomery County Housing Opportunities Commission is in the process of redeveloping Ambassador Apartments, located at the northwest corner of the intersection of Veirs Mill Road and University Boulevard. The Ambassador's 162 low-income residential units are owned by Wheaton-University Boulevard Limited Partnership, a tax credit partnership. This redevelopment could also involve an adjacent property owned by Willco Companies. The HOC voted on Wednesday to enter into a memorandum of understanding with Wilco. The purpose of the project is to “create an energy-efficient, environmentally sustainable, mixed-income residential rental development…with a construction schedule that displaces no current resident," according to a preliminary …

AntonFisher

7:30 pm on Friday, March 1, 2013

Any new information regarding this project Yaman?   more ›

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