The developer behind the Westphalia Town Center is advancing the project on multiple fronts despite the recent receipt of a potential default notice tied to more than $34 million in maturing debt. Calgary, Alberta-based Walton Westphalia Development Corp. released its first quarter earnings results on Monday for the 310-acre Westphalia property in Prince George’s County. During the quarter, the developer removed 150,000 cubic yards of material and continued construction of a second stormwater management…
from http://www.bizjournals.com/baltimore/news/2017/05/30/westphalia-developer-advances-project-despite.html?ana=RSS%26s=article_search
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