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Kevin Hurley, Thomas Casey, Sam Harmelech, Elizabeth Hughes, Chris Janeck, Alexia Gottschalch, Tim Watson, Roman Hederer, Mary Hartman, Brad Bohl, Peter Merrigan, Keith Bergman, Brad Dye, Chris Bornhorst and Theo Kindermans. (Photo courtesy of L&G) -
Alexia Gottschalch. (Photo courtesy of L&G) -
292-294 Baker Ave. (Photo courtesy of L&G) -
Alexia Gottschalch, Dan Holmes, Dan Feeney and Peter Merrigan. (Photo courtesy of L&G)
L&G, a U.K.-based asset management company, and Taurus Investment Holdings broke ground on 292-294 Baker Ave. in Concord, marking the start of construction on a planned a multi-building residential community.
L&G Head of U.S. Real Estate Alexia Gottschalch delivered opening remarks at the event, which was attended by representatives of L&G, Taurus and community leaders.
While L&G has previously invested in existing multifamily developments, including Alder in Denver and Arkadia in Chicago, the 201-unit Concord project marks its first ground-up development effort on U.S. soil.