In Banker and Tradesman | Over 400 Housing Units Included in Harrison Avenue Proposal

03.13.2024

On March 11th, 2024, Banker and Tradesman (B&T) reported that Madison Park Development Corporation, alongside Beacon Communities and JGE Development LLC, proposed “six buildings and 383 housing units in a 403,352-square-foot development known as Reed Square.” According to B&T, the housing would be “reserved for households from 30 to 80 percent of area median income, including 73 condominiums.” MPDC, Beacon Communities, and JGE Development “plan to pilot a savings match program, in which a portion of their development fee would provide down payment contributions for rental households.”

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