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BONITA SPRINGS, FL-"Intense commercial development pressure" has necessitated a $40 million highway widening project. Bonita Springs is 120 miles northwest of Downtown Miami.
NILES, MI-A new energy-producing facility in rural Michigan will include $1.3 million being spent by Indeck-Niles Energy Center L.L.C. to clean up the site. The project also benefits from $16.7 million in aid.
PLYMOUTH MEETING, PA-The shopping center REIT completes its acquisition of the Village West Shopping Center through an exchange of partnership interest in Cedar Crest Associates LP, the center's previous owner.
ORLANDO-The executive vice president for sales and travel operations at Walt Disney Parks & Resorts and his colleagues at the Orlando/Orange County Convention & Visitors Bureau, are racing the clock to rejuvenate the area's sagging hospitality industry.
WOODBRIDGE, NJ-The signings, which total more than 50,000 sf, include everything from a pharma company to an insurance firm, a software developer and a spark plug maker.
ORLANDO-Poultry producer Tarek Fakieh of Mecca, Saudi Arabia, has opened Taza, a 7,000-sf, 180-seat restaurant on Sand Lake Road at the Florida Mall in south Orlando and plans to open two other units this year.
DENVER-Construction projects will total $9.05 billion next year, down from the $10.75 billion this year, the lowest level since 1996. Meanwhile, construction employment will drop 6.1%, according to the 37th Colorado Business Economic Outlook Forum.
LONDON-House price growth in the UK is forecast to slow to 5% during 2002, according to new research from FPD Savills, as the threat of increased unemployment, weaker economic growth and slower growth in household incomes reduce consumer confidence.
KANKAKEE, IL-Located one hour south of Chicago, this city is becoming popular with cost-conscious firms, especially start-ups, who are unwilling to give up services in industrial space, observes Space Center Chicago, Inc. vice president Thomas Casey.
WHITE PLAINS-Westchester County Executive Andrew Spano and other area county legislators have pledged the county will support an initiative to protect Taxter Ridge, a 200-acre parcel of land in Greenburgh from commercial development.