| Thursday at architectural firm Wiencek + Associates? 25th anniversary party in DC, we snapped Hamel Builders president Phil Gibbs with MW Financial?s Muriel Watkins and Ben Dyer Associates head Doug Hansford. Phil tells us he's working with Manekin to rehab a former industrial building in Hampden into Union Mill, a mixed-use development including 55 apartments marketed to Teach For America employees and a 30k SF office leased to non-profits. The $10M project (financed in part by $2.9M in historic building tax credits) delivers in 12 months, says Phil. |
| We also saw Harkins Builders? Tom Capps, Jerry Smith, and Steve Rubin, who tell us Phase 1 of Riverside Apartments in Belcamp (three miles from Aberdeen Proving Ground) breaks ground this April. Steve says the $40M, 212-unit project (being developed by Thomas Builders and Chesapeake Realty Partners) is currently going through HUD?s 221(d)(4) financing approval process and thinks it might be the ?first luxury garden apartment project to break ground in Harford County in 20 years.? Phase 2 includes 188 market-rate units with a TBD start date. In the picture, Jerry is wearing a pin from Harkins? 25th anniversary, which happened 20 years ago. What can we say? True style is timeless. |
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