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DETROIT-Groups in stagnant growth areas are poised to receive funds that help residents and encourage new growth of single- and multifamily housing in Detroit. Empowerment Zone Coalition Inc. and the U-SNAP-BAC Non-Profit Housing Corp. will earn more than $100,000 each.
SEATTLE-U.S. Transportation Secretary Norman Y. Mineta approves advancement of the Seattle Central Link Light Rail project into the final design stage of development and announces approval of Sound Transit's grant application for $49.5 million to make it happen.
PHOENIX-Safe Ride Services reserves an 8,887-sf office at CamelWest Plaza, a location closer to clients and its West Valley service facility. The firm will exit Scottsdale in a long-term lease valued at $632,562.
CHICAGO-L'Oreal USA Products, Inc. will use the long-vacant 57,600-sf building at 2101 S. Wabash Ave. as the site of its Institute of Ethnic Hair and Skin Research after Pepper Construction does the build-out.
DETROIT-Bill Knapp's closes its last 29 stores in Michigan and Ohio, blaming the poor economy and a recovery plan that couldn't help the chain turn a profit quick enough.
EDISON, NJ-The hotelier has cut the ribbon on a new 132-key Hilton Garden Inn, with the property owned and managed under license by Inn America Hospitality.
SEATTLE-On behalf of Anastasiou Development, Carlson Architects is seeking a Shoreline Substantial Development Permit for a three-story, 55,000-sf office building at 3623 Leary Way Northwest, just down the road from a 70,000-sf building Anastasiou developed and leased to the local nonprofit PATH (Program for Appropriate Technology in Health).
PORTLAND-The infrastructure consulting and design firm will move the company from Nimbus Corporate Center to the third floor of Peterkort Centre II, a new six-story office building at the confluence of U.S. Route 26 and State Route 217.
AURORA, CO-The Chicago-based company pays $36.88 million for the class-A Retreat at the Heights Apartments. Houston-based developer Allied Realty sells its fourth multifamily rental community in the state, moving on to other projects here and in Westminster.
PORTLAND-A subsidiary of Wright Hotels Inc. has agreed to operate the former Best Western property the City purchased in July and then shut down. The 97-room hotel, across MLK Boulevard from the expanding Oregon Convention Center, is now Inn at Convention Center. Wright Hotels operates the nearby Holiday Inn on Grand Avenue.