Azorim Investment, Development and Construction (TASE: AZRM) has shifted its focus to the prestigious Memorial neighborhood in Houston, Texas, and is going green.
Eighteen months ago, the group sold for $57.5 million land it bought four months previously for $34 million, slated for the Galleria Mall project in Uptown Houston, planned to be a $550 million residential and commercial project. It is now about to construct a prestigious residential project comprising two towers, at an investment of $200 million, in Memorial, and to build in accordance with the standards of the US Green Building Council.
Sunday, April 13, 2008
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