The developers of Canvas say that they have finalized a $70 million construction loan, according to The Real Deal.
Foundation work on the project is already underway, with a groundbreaking ceremony set to be held next week. Completion is scheduled in 24 months.
298 of the project’s 513 units, or 58 percent, have been sold.
Previously: Developers Clinch Loan To Build 513-Unit Canvas Condo Tower
