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DENVER-The 94,000-sf former Denver trolley system power plant and transportation museum had fallen into disrepair before Recreational Equipment Inc. undertakes a major rehab of the historic structure.
MINNEAPOLIS-R.T. Rybak puts affordable housing at top of his list, but shuns public development subsidies, such as public money to build a Target store Downtown as well as a new ballpark for the Twins.
DETROIT-Michigan Governor John Engler joins former Detroit Mayor Dennis Archer in attempting to sell Northville property to balance the state budget. Detroit has 900 acres that it may try to sell for $31.5 million.
NORTH BRUNSWICK, NJ-The 131-key asset, which recently underwent a major renovation, has been acquired by Apex Hospitality Corp. from a private investor.
DETROIT-Michigan Governor John Engler joins former Detroit Mayor Dennis Archer in attempting to sell Northville property to balance the state budget. Detroit has 900 acres that it may try to sell for $31.5 million.
BOSTON-Two Financial Center received approval from the Boston Redevelopment Authority a year ago but a legal action by abutters of the proposed 12-story building has prevented the developers from obtaining permits. The developers are confident that the legal resolution is coming shortly.
SUGAR LAND, TX-Sugarland Properties starts work on an 11,906-sf medical office structure, the first of a multi-building, 54,000-sf campus on 11 acres near Methodist Hospital. Building and land will sell for $165 per sf to $210 per sf.
AUSTIN-A CBD commercial interior business holds onto its ground-floor Downtown location in the 111 Congress building, owned by EOP Franklin Plaza LP. The six-year-old Shelton Keller Group occupies 3,600 sf.
PALATINE, IL-Only 25% of the Gateway Center's office and retail space is spoken for, but developers and village officials remain confident the new class A space will be a "home run" six months after green-lighting it.