Juneau, Alaska officials and commercial entities broke ground on the Riverview Senior Living facility as construction begins, Juneau Empire reports.
The purchase of the land was followed by a structured sale to Torrey Pines Development, the California company working with the city to build the Riverview. A 12-year tax abatement and $2 million dollar grant helped reduce risk and up-front costs for the company building the $32 million facility. Read more.
