Business

April 21, 2010

Downtown Wichita condo project gets $10.3 million in funding from city

Real Development's ambitious Exchange Place condo project in the heart of downtown is moving forward. After a flurry of last-minute negotiations, Wichita City Council members approved a total of $10.3 million in city financing Tuesday. That gives the Minnesota-based developers the assets they say they need to secure a $30 million, federally backed loan.

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