The master developer behind the massive Westphalia project in Prince George’s County is nearing a deal with a grocery store anchor, while exploring the possibility of sales or partnerships on future phases or even the entire project. Having staved off default in 2017 through refinancings and a $42 million tax-increment financing package approved in November by Prince George’s County, Calgary, Alberta-based Walton Westphalia Development Corp. appears to be on the verge of a sea change with its…
from https://www.bizjournals.com/baltimore/news/2018/05/11/westphalia-developer-shifts-strategy-on-310-acre.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173798823532
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