Phillips pledges goal haul for villa development
Hannibal Harris is planning a $100 million mansion and villa project to bring luxury villas in Palm Springs to people who cannot afford the nearby homes.
The 32-year-old billionaire developer is making an investment in a property development at a Palm Springs apartment complex known as The Villas with a view of the Hollywood sign from his penthouse, at 1333 Kuehne Blvd., the Palm Springs Tribune reported.
Harris, who has pledged the bulk of his $100 million investment over the next five years, has promised to build the villas and villa complex to help the struggling low-income population.
In addition to providing housing for the residents of the project, The Villas would house large art collections and art galleries, as well as a fitness center and wellness center, a luxury shopping center and art gallery. The property would also offer a parking garage that would include a private parking garage, accordi코인 카지노ng to an investment proposal Harris filed with the city of Palm Springs earlier this year.
Harris’ plans to raise thousands of dollars from investors are being funded mainly through private donations, such as the developer’s investment firm Bally’s Private Equity. The company did not return calls seeking comment Wednesday.
Harris has made big commitments in the past, including a pledge last week to donate $60 million to a group of former presidents in the wake of Hurricane Katrina. In March, Harris pledged more than $100 million in a separate investment project involving the West Village redevelopment project, with a view toward creating 2,000 housing units in the are여주안마a, according to a news release.
Harris, who lives in the Village and says he lives off more than $8 million in real estate and a $50gta5카지노 million mansion, also reportedly is in negotiation to sell part of The Villas, according to the Associated Press.
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