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PORTLAND-Intended uses of the incentive funds include a wide variety of expenditures, ranging from infrastructure needs (such as sewer or water extensions), to permit fees, tenant improvements and site acquisition.
METROPOLITAN WASHINGTON, DC-Multifamily lender Independence Community Bank Corp. has made plans to expand its presence to the prospering Washington, DC region real estate market.
LONDON-Development Securities has secured an option to buy 10 St Bride Street in Blackfriars, near the City of London, at any time in the next five years. It could build 50,000-sf there to add to its nearby 100,000-sf Black Friars Court scheme
PRINCETON, NJ-Paramount Hotel Group is teaming up with a local private investment group to introduce the brand to this prestigious market. The property will be located within the two million-sf Carnegie Center Office Park.
ATLANTIC CITY, NJ-Almost three years after ground was broken, the Boyd Gaming/MGM Mirage joint venture will add more than 2,000 rooms and 125,000 sf of gaming to the local landscape.
DETROIT-The former Kmart predecessor's office building is getting a $17 million fix-up to turn the 85-year-old Adams Street office building into multifamily
LONDON-Construction is about to begin an a residential and retail development of the Millwall Fire Station site in Byng Street, Docklands. The project will also create a new fire station to serve the Isle of Dogs area.
VICTORVILLE, CA-The Sagebrush Properties LLC affiliate of pet food maker Nutro Products and packaged foods company ConAgra plan new facilities at 5,000-acre Southern California Logistics Airport.
WEST PALM BEACH, FL-Premier has purchased 41.6 acres of land here on which to build the planned 500,000-sf, four-building retail/office/warehouse project. The sale price of the land was about $4.2 million; MIP Ventures Ltd. was the seller.