Officials Hold Ribbon Cutting Ceremony In Norristown For 24 Townhouses At Arbor Mews

NORRISTOWN, PA – The ribbon-cutting ceremony was a casual affair at the 24-unit Arbor Mews townhouse project Thursday on DeKalb Street.

Nine of the 24 townhouses have been sold and two more are under deposit, said Sarah Peck, the president of Progressive Housing Ventures.

“We will have purchase settlements twice a week from mid-May to mid-June with the homeowners moving in shortly after that. Seven of the buyers are first-time homebuyers and four qualified for at least one grant to help with the townhouse purchase.”

Construction for the overall project is expected to be complete in late fall or early next year.

Read more:

http://www.timesherald.com/general-news/20150514/officials-hold-ribbon-cutting-ceremony-in-norristown-for-24-townhouses-at-arbor-mews

Developer Reveals Buncher Plans For 400 Strip District Apartments, Townhomes

The Buncher Co. and a Cleveland-based developer said Thursday they are moving ahead with plans to build 400 residential units along the edge of the Allegheny River in the Strip District.

Buncher, which is based in the Strip, ultimately plans to pump more than $400 million into residential and office development on the riverfront, including $100 million on the 400 units.

Read more: http://triblive.com/news/adminpage/7405861-74/plans-buncher-riverfront#ixzz3MITj3mEJ
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