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LANDOVER, MD-Borders Books & Music will open its 23rd store in the Metropolitan Washington area this summer at The Boulevard at the Capital Centre, a 490,000-sf shopping complex that is currently under construction.
HOUSTON-The ribbon cuts in June on an inline spot in Westgate Marketplace, a 292,000-sf center with H-E-B and Kohl's as the anchors. The popular music store retailer will relocate from a nearby site neighboring West Oaks Mall.
LAS VEGAS-Secured California Investments' Las Vegas property management team will set up shop in the Las Vegas offices of CB Richard Ellis and, in exchange for its oversight and resources, CBRE will get a portion of SCI's management fee.
NEW YORK CITY-During an event held in Lower Manhattan this morning, the LMDC announced its plans to launch the memorial design competition for the World Trade Center site within the next three weeks. An as-yet-to-be-named jury will be tasked with selecting the winner this fall.
MONTICELLO, NY-A third major player in the high-stakes game to bring casino gaming to Sullivan County has emerged. The ownership of Monticello Raceway has reached agreements with the Cayuga Nation to develop a $500-million casino adjacent to the existing harness track here.
DENVER-Angry over what it says is lax enforcement of city rules requiring union labor on current construction sites, the Colorado Building Trades Council wants to put a referendum on next November's ballot that would ask voters to decide whether there should be a new convention hotel in Denver.
ORLANDO-The 1,080-room, 12-year-old French Quarter, which closed for six months in November 2001 for lack of business, will again close this week, while the 2,048-room, 11-year-old Riverside hotel will be closed in phases over the two-year renovation period.
ORLANDO-Developer Belz Enterprises expects the $220 million shopping center in retail-suffering North International Drive to be at 70% by July. But area brokers and retail consultants tell GlobeSt.com the project doesn't have the name recognition or location to compete with other ventures.
WOODRIDGE, IL-GKN Walterscheid signs on for 10 years, taking 80,800 sf in one of two buildings under construction in the first phase of a 1.1-million-sf project being developed by Philadelphia-based Berwind Property Group and Bridge Development Partners.