位于尼亚加拉瀑布(Niagara Falls)的一座360个单位的新公寓楼正在破土,
A new 360-unit apartment building is breaking ground in Niagara Falls to address the city’s housing shortage.
位于尼亚加拉瀑布市中心的10层新公寓楼Parkline公寓楼在前农民市场和停车场破土,旨在缓解该市的住房短缺。
A new 10-storey apartment building, Parkline Apartments, has broken ground in downtown Niagara Falls on a former farmers market and parking lot, aiming to ease the city’s housing shortage.
由 " 精英发展 " 与城市伙伴关系开发的1.2亿美元项目将提供360套出租单元,包括为中低收入租户提供39套负担得起的和39套可实现的住房。
Developed by Elite Developments with city partnership, the $120-million project will deliver 360 rental units, including 39 affordable and 39 attainable homes for low- to moderate-income renters.
该市将保留40%的股份,贡献土地并获得未来收入。
The city will retain a 40% stake, contributing land and receiving future revenue.
施工于3月开始,预计3年内完工。
Construction starts in March, with completion expected in three years.
该项目在税收奖励和场地清理的支持下,预计将促进市中心的活动,降低该市2%的租金空缺率。
The project, supported by tax incentives and site cleanup, is expected to boost downtown activity and reduce the city’s sub-2% rental vacancy rate.