Deal Bolsters Prospects For Stalled Marina Project
Residents of Blue Island received some good news when Taylor Johnson client MACK Companies announced its purchase of Fay’s Point, a 27-acre development overlooking the Little Calumet River. The project includes 30 existing townhomes, home sites for 44 new-construction townhomes, five lots capable of up to 236 new multifamily units, and a marina with more than 80 boat slips. Fay’s Point presents a great opportunity for MACK to demonstrate its REO-to-rental, for-sale, and new construction ability, while delivering an economic boost to the community.