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L&G and Taurus begin work on 201-unit Concord multifamily project
L&G’s Asset Management business in the U.S. and Taurus Investment Holdings, LLC broke ground on a new two-building, 201-unit multifamily community at 292-294 Baker Ave. in Concord, Massachusetts, according to ConnectCRE.
ConnectCRE says the groundbreaking on Thursday included local officials, community representatives, and project partners to mark the start of site work.
The outlet reports the investment and property development are being made on behalf of L&G’s Institutional Retirement business and is described as the first U.S. funding for a new development effort for that unit.