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Argos present in one of the most sustainable infrastructure projects of Saint Thomas


Argos present in one of the most sustainable infrastructure projects of Saint Thomas

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2021-08-12 10:15:57
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Magen’s Junction Apartments is a modern and sustainable community consisting of two sets of buildings. Phase one of the project features 48 affordable and hurricane-hardened apartments. Development funding was generated through the allocation of Federal Low-Income Housing Tax Credits by the Virgin Islands Housing Finance Authority. Twenty-four families displaced from the damaged Tutu housing community are being relocated to the property.

Phase two features 60 1- & 2-bedroom units, a fitness center, a common area, computer lab and trash chute on each floor. This project is developed by Jackson Development Company, LLC. and funded in part by $3.5M of Community Development Block Grant – Disaster Recovery and $34.5M of Low-income Housing Tax Credits, both administered by VIHFA.

Both buildings were constructed using Argos cement through our ready-mix clients, Heavy Materials and Ortalis Concrete.

Tags: Antillas, Antilles, cca | Fecha de publicación: 2021-08-12 10:15:57
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