Letter of Intent for an Affordable Housing Development Option AgreementNovember 5th, 2019
FiledNovember 5th, 2019The Scrap Exchange (SE) is a nonprofit organization with a mission to promote creativity, environmental awareness, and community through reuse. In 2016, with the help of community investment partners, SE purchased the northern end of the Lakewood Shopping Center and they established RAD Durham Owner I, LLC (RAD) to manage and develop this property. SE has begun a fundraising and planning campaign and seeks to transform this under-utilized shopping center into a national model for creative reuse and an inclusive neighborhood destination for creativity in Durham.