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UCASU announces 1st phase of renovations on Atlanta-based historical landmark
UCASU announces 1st phase of renovations on Atlanta-based historical landmark
Atlanta, GA, May 25, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) announced that it has been granted a permit by the city of Atlanta to start the first phase of renovations on the historic Rufus Rose House. "We've been looking forward to starting the restoration process," says Greg Bankston, managing general partner of UC Asset. "Under this permit we will repair the power lines and install a temporary power pole. This will enable us to restore electricity to the property and provide the basic."
The Rufus Rose House is one of the oldest buildings in metropolitan Atlanta, and currently the only standing Victorian mansion in the central district. Known as the "Rose on Peachtree", the property is a late Victorian Queen Anne style home built in 1901 and nestled in the heart of the city. The refurbished Rose on Peachtree is posed to attract the attention of the 50-60 million visitors/tourists to Atlanta every year. Rufus Rose house is listed on the National Register of Historic Places (since 1977) and is designated as a Landmark Building Exterior (since 1989) by the City of Atlanta.
UCASU plans to fully refurbish and restore the Rose on Peachtree to preserve its historic legacy, and to work alongside city leaders and influencers to promote the diverse and socially inclusive future of Atlanta.
Last year, former mayor Kasim Reed hosted a ribbon-cutting ceremony at Rufus Rose House to celebrate its new ownership. Later, former US Congressman Kwanza Hall joined UC Asset's management. While Mr. Hall has entered into the race for Lieutenant Governor of the State of Georgia earlier this year, he has continuously led UC Asset's historic landmark program, including the Rufus Rose House project.
"Our goal has always been to use real estate to positively engage and impact the Atlanta community," says Larry Wu, founder of UC Asset. "The Rufus Rose house is a part of the city's rich history, and our goal is to invite the Atlanta community to be a part of the journey. It's Atlanta history happening in real-time."
About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of investing in real estate with value-added strategies, concentrating in metropolitan areas of Atlanta, GA. For more information about UC Asset, please visit:
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
For More Information Contact:
Christal Jordan | Investor Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297
Atlanta, GA, May 25, 2022 (GLOBE NEWSWIRE) -- UC Asset (OTCQX: UCASU) announced that it has been granted a permit by the city of Atlanta to start the first phase of renovations on the historic Rufus Rose House. "We've been looking forward to starting the restoration process," says Greg Bankston, managing general partner of UC Asset. "Under this permit we will repair the power lines and install a temporary power pole. This will enable us to restore electricity to the property and provide the basic."
佐治亚州亚特兰大,2022年5月25日(Global Newswire)--UC Asset(OTCQX:UCASU)宣布,已获得亚特兰大市的许可,开始对历史悠久的Rufus Rose House进行第一阶段的翻修。UC Asset的管理普通合伙人格雷格·班克斯顿表示:“我们一直期待着启动修复过程。”“根据这一许可,我们将修复电线并安装临时电线杆。这将使我们能够恢复物业的电力供应,并提供基本的电力供应。”
The Rufus Rose House is one of the oldest buildings in metropolitan Atlanta, and currently the only standing Victorian mansion in the central district. Known as the "Rose on Peachtree", the property is a late Victorian Queen Anne style home built in 1901 and nestled in the heart of the city. The refurbished Rose on Peachtree is posed to attract the attention of the 50-60 million visitors/tourists to Atlanta every year. Rufus Rose house is listed on the National Register of Historic Places (since 1977) and is designated as a Landmark Building Exterior (since 1989) by the City of Atlanta.
Rufus Rose House是亚特兰大大都会区最古老的建筑之一,也是目前中心区唯一屹立不倒的维多利亚时代豪宅。这处房产被称为“桃树上的玫瑰”,是维多利亚时代晚期安妮女王风格的住宅,建于1901年,坐落在市中心。翻新的桃树玫瑰旨在吸引每年前往亚特兰大的5000-6000万游客/游客的注意。鲁弗斯玫瑰别墅被列入国家历史名胜名录(自1977年以来),并被亚特兰大市指定为标志性建筑外部(自1989年以来)。
UCASU plans to fully refurbish and restore the Rose on Peachtree to preserve its historic legacy, and to work alongside city leaders and influencers to promote the diverse and socially inclusive future of Atlanta.
UCASU计划全面翻新和修复桃树上的玫瑰,以保护其历史遗产,并与城市领导人和有影响力的人合作,促进亚特兰大多样化和社会包容的未来。
Last year, former mayor Kasim Reed hosted a ribbon-cutting ceremony at Rufus Rose House to celebrate its new ownership. Later, former US Congressman Kwanza Hall joined UC Asset's management. While Mr. Hall has entered into the race for Lieutenant Governor of the State of Georgia earlier this year, he has continuously led UC Asset's historic landmark program, including the Rufus Rose House project.
去年,前市长哈斯木·里德在鲁弗斯玫瑰庄园举行了剪彩仪式,庆祝它的新主人。后来,前美国国会议员宽扎·霍尔加入了UC Asset的管理层。虽然霍尔先生在今年早些时候参加了佐治亚州副州长的竞选,但他一直领导着UC Asset具有历史意义的项目,包括Rufus Rose House项目。
"Our goal has always been to use real estate to positively engage and impact the Atlanta community," says Larry Wu, founder of UC Asset. "The Rufus Rose house is a part of the city's rich history, and our goal is to invite the Atlanta community to be a part of the journey. It's Atlanta history happening in real-time."
“我们的目标一直是利用房地产积极参与和影响亚特兰大社区,”UC Asset的创始人拉里·吴说。鲁弗斯·罗斯的房子是这座城市丰富历史的一部分,我们的目标是邀请亚特兰大社区成为旅程的一部分。这是亚特兰大历史实时发生的一部分。
About UC Asset LP
UC Asset LP is a limited partnership formed for the purpose of investing in real estate with value-added strategies, concentrating in metropolitan areas of Atlanta, GA. For more information about UC Asset, please visit:
关于UC Asset LP
UC Asset LP是一家有限合伙企业,旨在通过增值战略投资房地产,集中在佐治亚州亚特兰大的大都市地区。有关UC Asset的更多信息,请访问:
Disclaimer:
This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.
免责声明:
本新闻稿包含符合1995年私人证券诉讼改革法的前瞻性陈述。这些前瞻性陈述涉及已知和未知的风险、不确定性和其他重要因素,这些风险、不确定性和其他重要因素可能导致我们的实际结果、业绩或成就或行业结果与这些陈述大相径庭。告诫您不要过度依赖任何这些前瞻性陈述。除非联邦证券法另有要求,否则我们没有义务在本新闻稿发布之日后公开更新或修改任何前瞻性陈述。任何此类前瞻性陈述都不应被我们或任何其他人视为本新闻稿中规定的目标和计划将会实现或执行的陈述。
For More Information Contact:
Christal Jordan | Investor Relations Director, UC Asset LP
cjordan@ucasset.com | 678-499-0297
有关更多信息,请联系:
克里斯托·乔丹|投资者关系部董事,UC Asset LP
邮箱:cjordan@ucasset.com|678-499-0297
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