Two years in the past, American Capital Group paid about $16.3 million for a small waterfront workplace constructing 15 Lake Bellevue Drive, which it then made its headquarters. The value appeared excessive on the time. That two-story construction, on pilings above the lake, is not more likely to change. Nevertheless, ACG not too long ago filed plans to upzone its 2.8-acre property, most of it now parking, and hopes to construct a brand new 15-story residence constructing.
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