Sarah McKenzie

Sherman eyes former Reserve construction site

A long-paralyzed construction site in the North Loop is finally showing signs of life.

Developer George Sherman has a deal to buy the site that was originally going to be home to a 100-unit condo project called The Reserve at 360 N. 1st St, according to Finance & Commerce.

Construction on The Reserve stalled in 2003 after the developer and lender got involved in litigation.

Northeast-based Hillcrest Development had plans to buy the site for new development in early 2009, but that deal fell through.


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