Development

TACOMA, WA- Two local residents have been found guilty of 11 counts of conspiracy, mail fraud and bank fraud in a real estate scheme that cost victims $2 million.

DENVER-Commercial real estate brokers and lawyers who were against last year's Constitutional Amendment to control growth say they might vote for it if legislators don't compromise.

WASHINGTON, DC-CarrAmerica Urban Development LLC, a subsidiary of CarrAmerica Realty Corp. has been selected to assist in developing a second headquarters for the International Monetary Fund adjacent to its current headquarters.

DENVER-The area near Coors Field draws the attention of Stephen Owen, whose $40-million Lofts on Park Avenue plan includes renovating an existing 70,000-sf office building as well as constructing 112 new lofts.

BOSTON-Four Seasons Hotel general manager Robin Brown leaves his job to establish CWB Boylston whose principals will be Brown, mall developer Stephen Weiner and Julian Cohen. The trio will focus on developing a luxury hotel and condominium complex here at the Prudential Center.

BOSTON-The neighborhood of Brookline here in the city is suddenly faced with the possibility of being able to develop ten surplus acres owned by the state. The town has yet to decide what to do but it is its first significant development opportunity in years.