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VANCOUVER, WA-The nation's largest owner theater chain is looking for breaks as it prepares for a possible bankruptcy filing along with the No. 2-sized chain Loew's Cineplex. Four other major chains already have filed this year.
EUGENE, OR-The locally-based department store chain is under construction on two new Oregon stores, one in Molalla, which is east of Woodburn, and a second in the Central Oregon city Prineville.
VANCOUVER, WA-The 70,000-sf Park Tower Two office building here is the latest project in the Pietz Family's Mill Plain One, an 80-acre mixed-use development with 200,00 sf already built and room for another 175,000-sf.
WASHOUGAL, WA-To make the deal happen, the 218-acre parcel must be worth as much as the 45-acre parcel or more because state law forbids the state from selling a property for less than its appraised value, which is $1.85 million.
ASTORIA, OR-The property has been sitting vacant for as long as most can remember. Failed proposals for the site have included a motel, a supermarket and a manufactured home park for seniors.
PORTLAND-After a state-mandated 45-day waiting period, the City Council here will hold a hearing to decide whether to implement the moratorium on such facilities that would last approximately four months and be extended for an additional four months.
VANCOUVER, WA-Martin Hash, owner of Hash Inc., a 13-year-old maker of 3-D character animation software, is buying an early 20th-century church that the city converted into an arts center and then gave up on after two theater companies folded.
BEND, OR-A Deschutes County Judge issued a temporary restraining order this week to prevent the certification of a referendum on a city-approved plan to open the west side of the city to new development.
PORTLAND-The current proposal would allow developers to double the area's existing 75-foot cap in exchange for public amenities such as day-care centers, rooftop gardens or water features. The City Council will have its say on Dec. 13.
MENLO PARK, CA-Wells Fargo Bank, as sole lead agent, arranged the syndicate of 11 banks, which included Bank of America as syndication agent and Commerzbank AG as documentation agent. The rate is LIBOR +70 basis points.