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Stock impact report

La Cité Development Signs Agreement with NVR Ryan Homes for Large-Scale Single-Family Home Ownership Development in West Baltimore

NVR, Inc. (NVR) 
Last nvr, inc. earnings: 4/23 09:00 am Check Earnings Report
Company Research Source: PR Newswire
Award-winning Developer La Cité and National Homebuilder NVR Ryan Homes Unveil Plans to Address Much-Needed Housing Solutions in Baltimore's Poppleton Development Center\West, Bringing 180 New Homes to the Neighborhood NEW YORK, April 25, 2024 /PRNewswire/ -- La Cité Development, a leading real estate development corporation announced today the signing of an agreement with NVR Ryan Homes, the nation's 4th largest homebuilding and mortgage banking company, to add 180-units of single-family homes to the $800M Center\West, a large-scale redevelopment of 32.94 acres in the Poppleton neighborhood of West Baltimore.This announcement represents the latest in the ongoing transformation of the Poppleton neighborhood with new residential and retail projects by La Cité, the Black-owned master developer of Center\West. This mixed-income development, which represents a total estimated investment of $60M, will consist of 48 condo units and 132 townhomes on seven acres, featuring a mix of studios up Show less Read more
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