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BOSTON—Delaware North Companies, the Buffalo, NY-based owner and operator of TD Garden here, is planning to begin a $70-million renovation this summer of the area that is home to the Boston Bruins and Boston Celtics.
NEW YORK CITY—Frigid temperatures, and the unpleasant combination of frequent snow and ice storms this past winter failed to put a chill on office leasing activity in Manhattan.
PHILADELPHIA—Aimco, the owner of the Sterling and Park Towne Place apartment complexes in Center City here, has reportedly begun work on a more than $150-million capital improvement program at the properties.
BALTIMORE—Questar Properties, based in Pikesville, MD, is expected to present plans this week to city officials for a major high-rise apartment project to be built at the former McCormick & Co. spice factory.
WASHINGTON, DC—The General Services Administration is scheduled to issue request for proposals later this month for the massive project involving the consolidation of the Department of Homeland Security's operations to the former St. Elizabeth's Hospital campus here.
PHILADELPHIA—Despite unemployment rates in some trades that approach 30%, construction executives see heady times ahead thanks to a significant amount of investment earmarked for commercial and infrastructure projects in the city.