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Midland Wall Street Lofts ring opening bell in Nov.Midland Wall Street Lofts ring opening bell in Nov.https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29852014-09-23T07:36:00Z2014-09-23T00:00:00Z

MIDLAND - The $17.4 million, 108-unit Wall Street Lofts in downtown are nearing completion, and will be ready for tenants by November 2014, according to developer Roger Gault.

The Lofts will include one- and two-bedroom apartments ranging from 605 sf to 1,136 sf. A top-floor clubhouse with flat screen televisions and a kitchen will complement the Lofts’ pool and fitness center.

The 5,000 sf of retail space in the bottom of the building has not yet been leased.

The four-story lofts will be released floor-by-floor, with the top floor, leasing office and club room coming online first. The parking garage should also be completed in mid-November.

Private funds provided $12 million of the construction costs, and the City of Midland, in conjunction with the Midland Development Corp. (MDC), provided $5 million for construction of the parking garage.

The land that the Lofts sits on, which was valued at $350,000, was provided for the project at no charge through the city’s Tax Increment Reinvestment Zone Board.

Midland Reporter-Telegram
Midland
Multifamily
http://www.mrt.com/business/article_e8cacbea-3a07-11e4-804f-bb1df6abd404.htmlRead more at {Source}

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