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CANTON, MA-Senior housing developments continue to be the projects developers want to build, as evidenced by the zoning bylaw that was approved in this town that creates a special zoning designation for 55-and-over housing projects.
ORLANDO-The Oak Brook, IL-based REIT paid Melbourne Shopping Centers Inc. $9.77 million or $46.70 per sf for the 209,217-sf, 96%-leased, 42-year-old Melbourne Shopping Center 1 1/2 miles from Melbourne International Airport.
CHICAGO-After passing the 50% pre-leasing mark, developers of a 176,000-sf retail center in the 5900 and 6000 blocks of S. Halsted St. want to make sure tenants such as a sit-down restaurant have space.
HOUSTON-Colliers International's Top 10 Trends aren't all at work in the Houston space race. A local vice president takes a point-by-point look at the Houston market in relationship to the corporate findings.
CONCORD, MA-Period Realty Trust files a proposal to develop an 80-unit apartment complex in West Concord. The project has an affordable housing component but those opposed to it insist it is the size, not the nature of the development that they object to.
LONDON-The seven-year planning battle over the redevelopment of the Southgate shopping centre in Bath, Somerset, has finally come to a close. Bath & North East Somerset Council has given Morley Fund Management and Shearer Property Holdings planning permission.
NEW YORK CITY-Taller than its burned-down predecessor, the 51-story glass tower's exterior probably wouldn't stand up to a major plane crash. But the design's concrete core could protect key evacuation paths in the event of another attack, an SOM project manager says.
MIAMI-Winn-Dixie Stores Inc. of Jacksonville, FL is taking 44,000 sf for 20 years at the 75,000-sf, $9.4 million retail venture in Broward County, scheduled to break ground in June and be completed by summer 2003.
MINNEAPOLIS-The Oakland-based retailer's stores each offer about 18,000 sf of imported home furnishings in Bloomington, Minnetonka and Woodbury, its first in the market and part of an expansion across the Mississippi River served by 500,000-sf distribution center in Norfolk, VA.