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SOUTH PORTLAND, ME-John Cacoulidis, a New York-based developer, sees a convention center on a 22-acre site he owns here. The plan--which would involve buildings rising to 640 feet--includes a hotel, an ocean liner dock and cable cars.
SAN FRANCISCO-Candlestick Park is in need of a new corporate sponsor, as the naming rights leases between the city, the 49ers and 3Com are due to expire next month.
AURORA, CO-The 98,000-sf Aurora Municipal Building, one of the tallest buildings in this city of 276,000, can be had for $6 million. City officials are looking for a quick sale.
DETROIT-The smaller of the two grants, $150,000, helps the local Port Authority conduct environmental investigation and limited remedial activities on 35 acres along the Detroit River on West Jefferson Avenue.
TUSTIN, CA-Makena Capital has acquired a .54-acre parcel here and plans to build a 6,800-sf retail complex on it. Starbucks Coffee and Subway have already been secured as tenants for the facility, which is scheduled for an April 2002 completion.
NEW YORK CITY-Less than an hour after the final papers were signed, a development dream team led by Governor George Pataki unveiled the design for the 1.5million-sf New York Times headquarters soon to tower over Eighth Avenue.
LONDON-The long-awaited green paper consultative document into the planning system promises biggest shake-up in the planning system in more than half a century. Under the plan more decision-making will be devolved to the local level.
HOUSTON-The local office picks up another leasing assignment for a medical office building on Hermann Park Drive. The Park Plaza Professional Building is a 177,395 sf medical annex with an occupancy rate of 84%.
SEATTLE-Locally-based Crista Ministries has sold the Alderbrook Inn, an 88-year-old resort on Hood Canal, to North Forty Lodging, also a Seattle company. The non-profit Christian organization had owned the Inn for the past three years.
CHICAGO-Destined for a business park north of Midway Airport earlier this year, a 200,000-sf training center for American Trans Air pilots and crew is headed for 7101 S. Cicero Ave., its first choice of sites.