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Century purchased the land, which already includes a street through the middle and infrastructure, for $1.6 million from Sheridan and Midway LLC. Mike Kboudi, Jim Capecelatro and TJ Johnson of Cassidy Turley represented the seller.
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The land is at the southeast corner of the intersection and surrounded by residential neighborhoods on three sides, as well as commercial buildings across the street to the west.
Century Communities officials could not be reached for comment.