12 Townhouses to Replace 1935 Home November 20, 2016 Get link Facebook X Pinterest Email Other Apps Ordinance No. 2016-86 was approved by City Council last Monday which enables 12 townhomes to be built on .652 acres at 1230 Formosa Ave (MAP). 1935 is the year the single house on the property was built. It was purchased in August 2016 for $365,000.