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WASHINGTON, DC-The Senate Committee on Environment and Public Works hears testimony from representatives of housing organizations in support of two bills that back smart growth.
CHICAGO-A landmarks commission committee green-lights Prime Group Realty Trust's 1.1-million-sf, 19-story mixed-use project above historic Union Station. A 350-room hotel, 120 condominiums and 65,000 sf of retail space would be built along with nearly 500,000 sf of office space.
NORTH NATOMAS, CA-North Natomas Place is expected to be complete in the next few months, and will be home to several small retail and commercial businesses. The center is expected to cost bout $5 million.
PHOENIX-Another 19,000 sf will roll out at the 17,000-sf Union Hills Central Center in Phoenix. Developer Michael A. Pollack kicks off the pre-leasing with a signed deal by Checker's Automotive, which is taking 6,300 sf for five years.
SAN DIEGO-Convention and visitors officials and three Indian casinos are teaming up for a $600,000 advertising blitz to promote the region as an alternative to Las Vegas.
CLEAR LAKE, TX-The NASA-driven submarket of Clear Lake gets a hit from long-time tenant, Raytheon. The firm is relinquishing 22,500 sf of its 94,472 sf at the Raytheon Building, a 117,987-sf structure at 2224 Bay Area Blvd.
GRAND PRAIRIE, TX-Canada's Magna Entertainment is eyeing a second quarter closing to roll its 11th racetrack into its portfolio. The Lone Star Park acquisition will cost $80 million in cash, liability assumption and a $19-million lease obligation.
NEW YORK CITY-An aid package totaling $21.3 million for city and state recovery from the World Trade Center bombings has the support of President George W. Bush, Governor George Pataki revealed today.
SAN DIEGO-A lower court ruling that the City Council held illegal closed meetings in 1998 and 1999 to discuss the downtown ballpark project has been upheld by an appellate court.