Thursday, May 20, 2010
Ground has already started moving in a massive way behind the Margo building at Santana Row. A fleet of dirt removing trucks parades in and out of Santana Row excavating what will be the underground parking garage for the new 108 unit building. 10 townhouses will be built plus the normal assortment of flats. The rarity of the for sale units at Margo and DeForest will now be increased with rentals being 65% of the housing stock. Owning a unit at Santana Row may only be possible in the 220+ units that Federal Realty Trust released in 2005-2006.