166 Single-Family Homes, 119 Senior Apartments & Mixed Use Commercial & Industrial Development
The previous owner was foreclosed on as part of a complex bankruptcy. We worked with the City to re-pay a majority of the previous owners obligations to the city for road improvements and created a tax increment financing incentive district for the city to utilize to fund future road improvements in the area.
ADDITIONAL PROJECT HIGHLIGHTS
* Purchase land through a judicial sale out of a complex bankruptcy
* Work hand-in-hand with the city to fast track the project
* Innovative strategy to solve a 15 year wetlands lawsuit
* Site development and roadway construction
Before…
Low elevation brought the need to truck in clay. We did this for a month straight!
*Acquire foreclosed property by paying all liens.
*Clear area.
*Truck clay in to raise elevation for proper sewer construction.
*Create a lake.
*Build road, curbs and water construction.
*Install underground utilities
*Partner with Ryan Homes to begin residential construction.
GD3 VENTURES • PO Box 384 9124, TYLER BLVD., MENTOR, OHIO 44060 • (440) 255-6535
