Arizona

HOUSING PROJECT COMING TO AVONDALE

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By Emily Toepher, West Valley View, August 14, 2015 BRIAN SWANTON, Arizona market president of Gorman and Co., speaks Tuesday at the groundbreaking for Madison Heights, Avondale’s new housing project on Dysart Road and Madison Street. The project is the first in the state to take advantage of a new federal program called the Rental […]

Colorado

TERRAZA DEL SOL, WESTOOD CATALYST

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By John Rebchook, Denver Real Estate Watch, August 8, 2015 DENVER – A groundbreaking ceremony is scheduled for Tuesday for a $15 million, 42-unit apartment building, Terraza del Sol, which is viewed as a catalyst for Westwood, one of the poorest neighborhoods in Denver. Gorman & Co., in its first Denver project, is developing Terraza del […]

Colorado

$15M APARTMENT PROJECT KICKS OFF IN WESTWOOD

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By Burl Rolett, BusinessDen, August 12, 2015 A ground-breaking ceremony on Tuesday kicked off construction of a new apartment complex. Photo by Burl Rolett. DENVER – A new-to-Denver developer is breaking into the market with a $15 million apartment project aimed at low-income renters. Gorman & Co. broke ground Tuesday on Terraza del Sol, a […]

Illinois

Gorman buys Amerock building in downtown Rockford

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By Brian Leaf, Rockford Register Star, May 28, 2015 ROCKFORD — Gorman & Co. has completed its purchase of the Amerock building from the city of Rockford. Under a contract approved by the Rockford City Council, Gorman paid $250,000 for the building. The company said pre-demolition work will start within a week on the 13-story abandoned […]

Illinois

Our View: Downtown Rockford pieces fitting together nicely

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By The Editorial Board Rockford Register Star Posted May 19, 2015 at 2:03 PM Monday night’s Rockford City Council vote amending the development agreement with Gorman & Co. may seem like an incremental step toward downtown revival, but don’t underestimate its importance. Aldermen not only showed confidence in the Gorman project, a $67 million hotel […]

Illinois

Amerock Project Closer to Being Finalized

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By Phillip Reed, MyState.com, May 19, 2015 Rockford-The vacant dilapidated Amerock building sits with broken windows in downtown Rockford waiting on aldermen and developer Gary Gorman  to reach an agreement on a purchase of the property to turn it into a hotel.  Gorman says “(The Amerock) project is going to happen. We have to explore […]