HBCUs: The Next Frontier in Commercial, Residential Real Estate Development?
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Last month, Howard University announced plans to redevelop its longstanding dormitory Meridian Hall into a $22 million private residential facility. Howard will keep ownership of the land and facility, but a real estate development firm will renovate and lease the former student living quarters as luxury condominiums, in an area in the full throes of economic redevelopment and changing demographics in race and class.
HBCUs: The Next Frontier in Commercial, Residential Real Estate Development?
HBCUs: The Next Frontier in Commercial…
HBCUs: The Next Frontier in Commercial, Residential Real Estate Development?
Last month, Howard University announced plans to redevelop its longstanding dormitory Meridian Hall into a $22 million private residential facility. Howard will keep ownership of the land and facility, but a real estate development firm will renovate and lease the former student living quarters as luxury condominiums, in an area in the full throes of economic redevelopment and changing demographics in race and class.