Development

MESA, AZ-Officials are getting ready to unveil the newest changes to the 30,000-sf Desert Vista Medical Center. Crews have been working under a 180-day fast-track schedule. All is on target for the mid-April delivery.

NEW YORK CITY-Bear Stearns chairman Jimmy Cayne was joined by Governor George Pataki, US Senator Charles Schumer and 800 employees last night to light the crown atop the financial services firm's new Madison Avenue headquarters.

ORLANDO-The vacation rentals and timeshare booking service is adding 498 condominium units to its management/marketing portfolio with the signing of Maesbury Homes Inc.'s 116 rental condos on Lake Davenport. The value of the contract wasn't disclosed.

FRISCO, TX-Albertsons-anchored centers at opposite ends of town are just the beginning, says Regency Centers. One site is part of a 48-acre tract ticketed for a power center. The population's there, now it's time for the retail.

DALLAS-A merger in Dallas and a merchant build alliance with an out-of-state development partner set up Henry S. Miller Cos. for a second year of change. Wal-Mart is a linchpin in the $70-million development plan.

SEATTLE- Demolition permits for Sound Transit's 27-acre operation and maintenance center have been approved by city officials, Mayor Greg Nickels said today.

SHARON, MA-The local conservation commission sponsors a plan to seize a 347-acre parcel here, known as Rattlesnake Hill, by eminent domain. The town had attempted to purchase the site last year but the proposal was defeated at the polls.

ATLANTA-Stacey Corso, editor of Real Estate New York, a monthly Real Estate Media Inc. publication, will handle all aspects of commercial real estate in Atlanta's eight-county market, along with breaking major industry news in other Southeast areas. Corso may be reached at 212-929-6900 or [email protected].