CRA approves amendment for Anchor Site project; developer secures additional financing terms
The CRA approved a third amendment to the development and ground‑lease agreement with Imacorp for the Anchor Site at Northwood Village, allowing lender‑required financing and schedule changes for the mixed‑use project.
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The Community Redevelopment Agency unanimously approved Resolution 25‑22, authorizing a third amendment to the property development agreement and ground lease with Imacorp (Immacorp Capital) for the Anchor Site project at the west end of Northwood Village.
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