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PORTLAND-Among other things, a group of engineers will review the controversial idea of connecting Oregon Health Science University's cramped quarters atop Marquam Hill with currently vacant land on the riverfront below it using a hillside tram.
WALTHAM, MA-The State of Massachusetts is considering a plan that would consolidate several branches of Middlesex County and Waltham City courts into a single complex to be built on State property.
WEST PALM BEACH, FL-Linton Jog Associates Ltd. financed the $4 million, 2.2-acre purchase of the 49,950-sf property with a $3.4 million loan from BankAtlantic of Fort Lauderdale.
TROY, MI-The new outpatient building will join a sister facility on the city site and will house an ambulatory surgery center and medical offices. The construction cost wasn't disclosed.
SAN MARCOS, CA-A North County development company has finished construction of a 48-unit affordable multifamily complex at 609 Richmar Ave. Allgire General Contractors served as the general contractor. Davis Group Architecture & Planning was the architect.
PORTLAND-The project is planned for the Port of Portland's former Terminal, 1, a 15.5-acre site north of the Freemont Bridge along Northwest Front Avenue. The soonest plans are expected to be submitted for approval is next summer.
PORTAGE, IN-Two office buildings, which will be leased in part by organizations devoted to job creation and job training in NW Indiana, break ground in Portage. They are part of the Ameriplex mixed-use development by Indianapolis-based Holladay Group.
ORANGE COUNTY, CA-The county's retail market is still strong, but may face some challenges in the months ahead, according to recent research by Marcus & Millichap Real Estate Investment Brokerage Co. Rents are expected to level off, as vacancies begin to slowly rise, the report says.
ORLANDO-The Central Florida chapter also recognized Gran Park in South Orlando, with 600,000 sf of class A office, as the outstanding business hub in metro Orlando; and Flagler Development Co. of St. Augustine, Gran Park's developer.
NORTHERN VA-Commercial Real Estate market researcher REIS, Inc. says that the tech-laden area of Northern Virginia is being hit hard by rising vacancy rates. The company expects the region's vacancy rate to increase from 7.4% in 2000, to 10.4% by year's end.