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ATLANTA-Plagued by delays, the proposed $2 billion, 138-acre project gets a boost with $155.6 million in private and public funding from undisclosed sources.
ROSEMONT, IL-The company decides to stay put at the O'Hare International Center here, signing a long-term lease that includes the firm doing renovations on its space after exploring options in the submarket.
DALLAS-Those in the know say it's been nearly two years since a purely spec office building topped out in Dallas proper. The 220,000-sf Four Hickory Centre at Mercer Crossing breaks the silence. Ironically, the topping outs are a family affair.
MIAMI-The shelter developer posts third-quarter profit of $1.55 million on revenue of $41.8 million compared to $14 million on sales of $54 million for the comparable 2000 period. Sales at Solivita, Avitar's Central Florida active adult community, were lower than anticipated.
WASHINGTON, DC-Members of the National Housing Conference say it is a good thing that the US Department of Housing and Urban Development (HUD) got its $30.2 billion appropriations bill through the House and Senate, but the funds are not enough to relieve severe affordable housing needs. HUD officials beg to differ.
PORTLAND-A legal dispute over the city's systems development charges related to Downtown's newest office tower is settled with developer Tom Moyer receiving a $123,326 refund.
FEDERAL WAY, WA-The company says the actions would result in 600 layoffs in Canada, the U.S. and Mexico, and an after-tax charge of $21 million or 10 cents per share when it reports fourth quarter results on Jan. 23, 2002.
DENVER-Chicago-based First Industrial Realty Inc. gets $58 per sf for the 21-year-old complex at 14100 and 14190 E. Jewell Ave. from California-based investment company Preferred Properties Ltd.
SEATTLE, WA-Speakers with national and regional impact will be on hand at the Commercial Real Estate Insights program on December 12th. CBA expects once again to draw the Puget Sound industry's top people to hear what the experts have to say.
CHICAGO-The 25-story building at 185 N. Wabash Ave. could become part of the wave of new East Loop residential developments. City planners are ready to use eminent domain to acquire the property.