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LONDON-A new report from the London School of Economics has thrown its weight behind the campaign for more tall buildings in London. To accommodate expected growth, the UK capital may need another seven Canary Wharf-size developments over the next 25 years, the LSE found.
FULLERTON, CA-The Santa Ana-based company signs a seven-year agreement for retail space at 464 West Commonwealth. The transaction is valued at $1.3 million.
WHITE PLAINS, NY-The last of a series of major residential housing projects in downtown White Plains broke ground on Tuesday. The $30-million venture called "The Hamilton" will feature 106 rental housing units when completed.
ATLANTA-Hickman LLC and HMI Buford LLC of California paid the locally based developer $49.36 per sf for the only property on IDI's 250-acre Hamilton Mill Business Center in Buford, GA, north Gwinnett County. Los Angeles Lakers coach Phil Jackson is part of the investor group, according to published reports.
ORLANDO-Dawn St. Clair, marketing director, Community Redevelopment Agency, city of Altamonte Springs, is president of the 15-year-old local chapter of CREW Network. David J. Patten, president, Interlachen Mortgage Co., is the lone male director on the board.
CHICAGO-Bidding for what has been dubbed "the most valuable casino license in the US" may be open to operators who may prefer a location other than Rosemont. The state's 10th gaming license is apparently up for grabs now that the Illinois Gaming Board has moved to revoke Emerald Casino's license.
ATLANTA-The Chicago-based consumer products firm plans to nearly triple the size of its branded apparel facility on the Oak Summit campus in Winston-Salem, NC. Charlotte-based Little & Associates will design the $35-million, two-building, 400,000-sf expansion.
WEYMOUTH, MA-In "one of the most significant actions" of the rebuilding process, the South Shore Tri-Town Redevelopment Authority looks for a master developer to enter into a public/private partnership to upgrade the 1,440-acre former Naval Air Station.
PORTLAND, OR-Any hope for a speedy recovery of the region's office market following an optimistic Q1 report has waned. A preliminary Q2 report suggests that local office markets slipped backward, with vacancy rising, rents declining and absorption back in the red zone.