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United States : Trinsic Residential Group allowed to build 244 condominiums.

According to public records, a multifamily developer based in Dallas has paid $6 million for the Cenacle Spiritual Life Center along the Intracoastal Waterway in Lantana.

Lantana Mayor David Stewart said Trinsic Residential Group has been allowed to build 244 condominiums or apartments at the location 1400 S. Dixie Highway.

Called Aura Seaside, the project, will also include 10,000 square feet of retail.

Stewart said the redevelopment is key for the town due to the tax revenue it will generate.

He added : "This is a big infusion for the city."

2014 Al Bawaba ( Provided by SyndiGate Media Inc. ( ).

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Publication:Mena Report
Date:Jan 19, 2015
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