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KENNESAW, GA-Construction is underway on a $23-million apartment complex in Kennesaw, in north Cobb County. The 26-acre project will be near Town Center Mall. It will include 310 apartments in 15 buildings.
RICHFIELD, MN-The new childcare center at the 1.5-million sf campus under construction will be Plymouth, MN-based New Horizon Child Care's flagship Minnesota location. It will have room for 250 children.
SAN FRANCISCO-Catellus signs a long-term lease with Safeway, which will open its supermarket in a mixed-use project at 1 King St. The grocer is the 301-acre project's first major retail tenant.
JACKSONVILLE, FL-Mayor John Delaney chooses Robert A.M. Stern Architects' design for the city's new Main Library. The New York City-based firm beat out three other proposals in the competition to design the $95-million, 300,000-sf complex.
MILLVILLE, NJ-The 700-acre complex in South Jersey would include everything from a 3.2-mile racetrack to a health and fitness center and business space.
HAWTHORNE, CA-The developer will build 1.8 million sf of office, retail and industrial space on the former Northrop Grumman campus here in this LA suburb. Project is expected to create up to 3,000 jobs.
AUSTIN-Stratus Properties beefs up its credit facility to $25 million in a deal that also covers a $5-million loan for development costs. The financing carries an initial term of 28 months coming due April 16, 2004.
HOUSTON-Georgantis & Walters LP is moving to a ninth-floor office in Houston CBD's historic Esperson Buildings. Urban legend has it that the ghost of Mellie Esperson saunters the floors of two-building complex.
REDMOND, WA-TrendWest Resorts Inc. says it expects FY2001 net income to reach record levels, roughly 26% ahead of FY2000 results, on revenues in excess of $460 million.