Casto is a privately held, fully integrated real estate services firm, with more than 85 years of successful development and management of commercial, industrial and residential real estate. Casto recently purchased property located on the corner of West 28th Street and Franklin Boulevard. They are developing a mixed use development of approximately 112 market rate and workforce housing apartment units, 8,800 square feet of retail space and indoor parking for residents.
The City is providing a non-school TIF to assist with the development of the project. The total project investment is expected to exceed approximately $29 million and the project is expected to create approximately 26 new full time jobs with an approximate payroll of $700,000.