Canvas Gets Construction Loan, Groundbreaking Ceremony Next Week

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.

 

PreviouslyDevelopers Clinch Loan To Build 513-Unit Canvas Condo Tower