The developer purchased the 140,000 square-foot former orphanage property with plans to build market-rate, affordable and senior housing and educational facilities.
The tech industry has added 682,000 employees in the past five years -- and most significantly for the CRE industry, it has been a top driver of office leasing activity during that time.
Investment activity picked up in the market a few years ago, and now FMB Development is bringing boutique luxury residences to the growing neighborhood.
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