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SOUTHFIELD, MI-Nolan Bros. has come back for a second time to pitch the same residential and retail proposal on a wider swath of land along Evergreen and 10 Mile roads. The company is looking to build active senior housing and some townhouses on the property as well as 10,000-sf of retail and a three-story self-storage facility.
BOSTON-As part of an ongoing effort to recoup some of the costs of the Big Dig, the massive $14.5 billion highway project in the heart of the city, a bill is filed to create an independent commission to oversee the cost recovery efforts.
SOUTHFIELD, MI-Polselli pleaded guilty in January for not paying collected taxes from his Plaza Hotel employees to the IRS, grossing almost $2.5 million, and also not paying the IRS at all himself in 1995-96. He will now spend 27 months in prison.
ORLANDO-The contract covers the 151-room AmeriSuites Hotel, the 162-room Country Inn and Suites, the 148-room La Quinta Hotel and selected services for timeshare units and apartments at Calypso Cay Resort in suburban Kissimmee, FL, near Walt Disney World.
PORTLAND-Two informal meetings are being held this week to allow members of the public to take a look at proposed development plans for the Lents Town Center area.
DENVER-Denver's hotel market continues to just tread water. The average occupancy rate for area hotels in May was down 2% from May of 2002, which itself was a down month. Downtown boasted the highest average occupancy rate and the highest average room rate.
BEVERLY, MA-Commodore Plaza, a new 42,718-sf retail center on Route 1A, leases up nearly 75% of its space. The broker involved says demand for retail space in the area is very high.
ATLANTA-RGC LLC is asking Cherokee County officials to rezone Belmont Downs, a planned 446-acre residential and 30-acre commercial subdivision in suburban Atlanta, to allow 500 shelter units instead of 325, according to a published report.
EL CAJON, CA-Pinewood Park LP acquires the multifamily property from Pinewood On Wisconsin LP for $4.1 million. Built in 1971, the complex was rehabbed by the seller from 1997 to 1998.
EL SEGUNDO, CA-In the coming days, the retailer will move into a 24,000-sf building, one of many high-quality structures in the region darkened by the dot-com crash. The location will warehouse inventory for a nearby store in Manhattan Beach.