DESCRIPTION

Forbix formed a joint venture with a local developer Armax Corporation, to acquire and develop this project.  The property was purchased in 2017 and was entitled for 9 luxury condominiums and approximately 5,000 square feet of commercial retail/office.  During the construction process, the developer began to re-entitle the project for a proposed 19 Unit condominium project in return for offering some of the units to be affordable units.  The construction began in 2017 and the units will be delivered in 2021 and will be sold