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Project Profiles

Penn Garrison Lofts

Penn Garrison Apartments - Cultural District

  • Building containing 117 apartment units and 34,000 square feet of commercial space.
  • SIF loan filled a gap caused by costs in excess of value as is typical in the conversion of in-city buildings for residential use.
  • This project furthered the move to increase the number of Downtown housing units and served as a model for the various financing elements required of the private, public and foundation communities for the development of Downtown housing.