The Walton Group of Companies is pleased to announce that Phase 1 lots are now fully contracted at both of the group’s Washington DC developments: Canter Creek & Westphalia Town Center. CANTER CREEK Canter Creek, a four phase residential development of 342 expansive acres in Prince’s George County Maryland, is currently planned for 410…
Press Release
Canada’s largest homebuilder has acquired 190 acres of land at the Walton Group’s successful Bonterra Village development in Charlotte. The land is zoned for 389 single family lots. Walton Development and Management acquired the 267-acre parcel of the Bonterra Village Master Plan in 2013 and planned to develop 615 singlefamily lots. In November…
Press Release
CALGARY, Alberta–(BUSINESS WIRE)–On Tuesday, the Prince George’s County Council unanimously approved the tax increment financing (“TIF”) bond issuance legislation for the Westphalia Town Center development. This legislation authorizes the County Executive to issue up to $42 million of special obligation bonds of which up to $28.1 million will be…
BusinessWire
CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”), the developer of Westphalia Town Center in Prince George’s County, Maryland announced today the signing of a Letter of Intent with Bonaventure Realty Group, LLC (“Bonaventure”) to construct and manage a 250-unit apartment project at Westphalia Town…
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CALGARY, Alberta–(BUSINESS WIRE)–Walton Westphalia Development Corporation (the “Corporation”) announced today its results for the third quarter of 2016. Launched in March 2012, the Corporation was formed to provide investors with the opportunity to participate in the acquisition and development of the 310-acre Westphalia Property (the…
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CALGARY, Alberta–(BUSINESS WIRE)–Walton Ontario Land L.P. 1 (the “Partnership”) and its general partner Walton Ontario Land 1 Corporation (the “General Partner”) announced today the Partnership’s results for the third quarter of 2016. Launched in January 2010, the Partnership’s objective is to maximize returns to limited partners through the…
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