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United States: Vantage Pointe tackles two Nashville apartment complexes.


Byline: manish Manish is a common Indian name, derived from a Sanskrit word - "manishi" meaning "A scholar or an intellectual"

Contrary to the popular belief , the name "Manish" is not composed of two words "man"(mana) which means Mind and "ish" which means God.
03

An Alabama Alabama, indigenous people of North America
Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages).
 developer has purchased two area planned-unit developments, with plans to build more than 500 apartment units. Work is already underway at both sites.

Vantage Pointe pointe  
n.
In ballet, dancing that is performed on the tips of the toes.



[From French pointe (des pieds), point (of the feet), tiptoe; see point.]
 Homes, of Montgomery Montgomery, city, United States
Montgomery, city (1990 pop. 187,106), state capital and seat of Montgomery co., E central Ala., near the head of navigation on the Alabama River just below the confluence of the Coosa and Tallapoosa rivers, and in the rich
, Ala ALA aminolevulinic acid.
Ala alanine.
ala (a´lah) pl. a´lae   [L.] a winglike process.
., purchased a 25-acre site off Highway 12 in Ashland City for $1.25 million in late October. The same day, the company also purchased 34.8 acres of a larger PUD PUD
abbr.
peptic ulcer disease


Peptic ulcer disease (PUD)
A stomach disorder marked by corrosion of the stomach lining due to the acid in the digestive juices.
 in Antioch's The Crossings, near I-24, for $1.8 million. Scott Tyrone and Robby Davis, both of Colliers Turley Martin Tucker, helped Vantage locate and secure the sites.

In Ashland City, Vantage Pointe will construct a 200-unit apartment complex. The company also aims to sell two retail outparcels about 2 acres each in additional to a residential plot zoned for 13 duplexes. The development is across the street from Ashland City's Super Walmart.

In Antioch, Vantage Pointe will construct 312 apartment units. The site already features slab work from a previous developer that was foreclosed upon; Vantage Pointe plans to utilize that existing work.

The Class A apartments are being financed with 221(d)(d) loans from the U.S. Department of Housing and Urban Development. It's really the only construction financing available, Tyrone said.

Such loans do not require rent subsidies, and rents will be set at market rates. They'll compete with some of the nicest apartments in town, Davis said. Jacksonville, Fla.-based Summit Contractors will construct both projects.

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Publication:TendersInfo
Date:Nov 7, 2009
Words:248
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