Development

LONDON-Amidst unprecedented room construction, Lodging Econometrics warns future projects on the continent could stall.

DORAL, FL-Park Square at Doral will include 1,000 residential units, 130,000 sf of retail space and 230,000 sf of office space.

HOBOKEN, NJ-With the start of Waterfront III, SJP Properties will have nearly 1.7 million sf of spec offices under way in Metro NY/NJ.

FORT PIERCE, FL-Tulepan Management acquires 19.6 acres on Orange Ave. and 10 acres on Indrio Rd., bringing the total amount of land it owns to more than 80 acres.

LAS VEGAS-Despite the region's record pace of development--deliveries this year will top 5.5 million sf--vacancy remains below optimal levels, according to a new third quarter report.

LAGUNA HILLS, CA-The Norco Planning Commission approves the development firm's plans for a 52,000-sf mixed-use project called Parkridge Business Center.

CORAL GABLES, FL-Among the issues of the second annual RealShare South Florida conference will be the flood of condominiums coming to market in the next few years.

McKINNEY, TX-The developer plans to build 440 to 460 units of its Estates brand on the site. Word on the street is work starts as soon as city officials give their nod.