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Taurus Snags $34M Raleigh Community

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Olde Raleigh aerial Taurus Investment Holdings acquired the Olde Raleigh garden - style apartment community in the Northwest submarket of Raleigh, N.C. The company purchased the property from Chaucer Creek Capital for $33.5 million.  Located at 4000 Grand Manor Court , the 228- unit community features one-, two- and three- bedroom floorplans ranging from 716 to 1,523 square feet. Interior features include gourmet kitchens , walk-in closets, washer/dryer connections, bay windows, crown molding, nine-foot ceilings, garden tubs, faux wood plank flooring , private balcony/patios, brushed nickel faucets , stainless steel appliances , refinished white cabinets , spring carnival faux granite counter tops , columns and built-in bookshelves. Amenities with an upgrade “Taurus plans to execute an extensive renovation plan throughout the property including: high- quality interior renovations of the apartment homes, new and upgraded amenities on site, exterior cosmetic improvements , and sus...

The Colonnade's City Within A City

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September 11, 2010 at 12:00 pm news By Kevin Plummer Every Saturday at noon, Historicist looks back at the events, places, and characters—good and bad—that have shaped Toronto into the city we know today. One Sunday evening in 1959, after a screening of the Toronto Film Society , architect Gerald Robinson and engineer/builder Irwin Burns chatted over coffee. The two shared a common viewpoint that the city’s urban core was in decline. The same was happening in cities across Canada as municipal governments were more interested in improving traffic and encouraging sprawl rather than revitalizing their downtown districts. The very next day, Burns heard from real estate developer Murray Webber that a lot with Bloor Street West frontage was going to become available for a hundred-year lease from Victoria University. “There,” Burns told Robinson , as he recalled in the Globe and Mail of October 18, 1963, “is the place to demonstra...