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VISTA, CA-A Newport Beach developer hopes to begin an $80 million, 220,000-sf redevelopment project anchored by a multiplex movie theater. Despite trouble landing tenants, Civic Partners hope to complete the project by next year.
PHOENIX-The 125-attorney Lewis and Roca firm decides to stay put after three years of studying the market, including Camelback Corridor and Midtown. The firm signs a 10-year lease for Two Renaissance Tower in the Phoenix CBD.
LONDON-The pan-European retail giant Kingfisher has taken 54,000 sf at Development Securities' PaddingtonCentral development in London's West End for its new headquarters.
DALLAS-McCarthy Building Cos. is getting ready for the pre-cast stage after months of site and foundation work on an 805,000-sf parking garage at the new Children's Pavilion at Dallas Market Center. The garage will open in 2003.
DETROIT-City officials hope to use the $490,000 grant for restoring the 53-year-old pavilion, where it will rent out recreational equipment and boost use of the 982-acre island park.
WASHINGTON, DC-The National Multi Housing Council and the National Apartment Association tell the House Financial Services Committee that devastating economic consequences of company's not being able to attain affordable insurance against terrorism are already beginning to occur.
MUKILTEO, WA-The 16.5-acre Bay Court at Harbour Pointe, plus an adjacent 11.3 acres of vacant land, has been snatched up by Rreef, a San Francisco-based outfit.
CLEVELAND-Jones Shereen P. Jones leaves Credit Suisse First Boston to replace Paul A. O'Neil. She'll handle finance, investor relations and strategic initiatives in her role as executive vice president, chief financial and investment officer.
Melville, NY-The Long Island real estate firm secures an $18-million loan backed by the Melville Corporate Center, a former baking facility converted by the company into class A office space. M. Robert Goldman arranged the financing.
BOYNE FALLS, MI-Boyne Resorts report high interest in renting rooms, as well as selling joint venture development agreements, as a result of the Winter Olympics in Salt Lake City. Attendance records are set Feb. 16.