Jair Lynch Real Estate Partners has reached a deal with the owner of a vacant office building across the street from The Wharf to develop a high-rise apartment project, but it still faces roadblocks before breaking ground.
After the U.S. Department of Agriculture announced in 2019 it would be vacating the office building at 800 Ninth St. to relocate agency functions to the Kansas City area, the owner of the four-story building began looking for a redevelopment partner.
NBL Associates L.P., a company led by Michele Hagans and Marvin Lang, has owned the property since 1982. The company has now reached a deal with Jair Lynch to partner on a redevelopment of the building, the partners told Bisnow.
Click here too read the rest of the article written by Jon Banister over at Bis Now
