Monday, January 30, 2006

'Affordable' Townhomes...

Former mayor touts 'affordable' townhomes, from the Phoenix Business Journal, reports that former Phoenix mayor Paul Johnson is developing a 195-unit townhome project on 13.75-acres at Van Buren and 32nd Street, the site of the former state prison for women. The townhomes will be "affordable" housing, with prices starting below $200,000. "There's just a small number of homes under $200,000 available in Phoenix," Johnson said. The townhomes will be from 1,195 to 2,100 square feet and priced up to $250,000. Permits are expected in six months, with occupancy slated for a year from now. In October, Johnson's company, Old World Homes, broke ground on another infill project, the 54-unit Berkana on Glenrosa, at Glenrosa and the Black Canyon Freeway. That was the first of eight developments planned by Johnson on several infill sites across Phoenix and Glendale.

http://phoenix.bizjournals.com/phoenix/stories/2006/01/30/story4.html?t=printable

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