Urbi to Develop Low-Income Apartment Project in Mexico City
Urbi Desarrollos Urbanos SAB, Mexico’s third-largest homebuilder, said it will use land purchased in the third quarter to develop new apartments aimed at low-income populations in Mexico City.
The project will be built on 3.8 hectares and will include as much as many as 400 apartments per hectare, the company said in a statement to the Mexican stock exchange.
To contact the editor responsible for this story: Jonathan J. Levin at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.