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LITTLETON, CO-The 300,000-sf Aspen Grove Lifestyle Center at Highway 85 and Mineral Avenue opens Thursday with Poag & McEwen Lifestyle Centers and Developers Diversified Realty Corp. giving away $100,000 prizes and trips to Bora Bora.
FT. WORTH-Bass Enterprises and Crescent Real Estate Equities are close to deciding who gets the contract as retail electric provider for the Jan. 1, 2002 deregulation. It's a powerful decision fueled by reliability and savings for building owner and tenant.
ATLANTA-HL-A Co. of suburban Bremen, GA, 30 miles west of Downtown, plans to add 268 jobs by 2004. HL is one of five Georgia suppliers providing parts for the Odyssey Minivan which is scheduled to begin full production Dec. 1 in Lincoln, AL.
CHICAGO-Aldermen pass an ordinance requiring all office and multifamily buildings 80 feet or taller to prepare evacuation plans. An original proposal was stricter on smaller buildings. Taller buildings still face tougher standards.
HOUSTON-A fledgling wholesale auto loan operation signs a 3,098-sf pact for its flagship office. ProDraft selects a suite in a 12-story office building at 1235 N. Loop West. The 20-year-old structure is now 93% occupied.
BRIDGEWATER, NJ-The parcel, which currently contains an office building and a warehouse totaling almost 181,000 sf, can be rezoned for residential development.
GREENWICH, CT-A move to consolidate its Connecticut corporate headquarters operations has led Crompton Corp. to place a total of 290,000 sf of space on the sublease market.
DANVILLE, CA-Bridge Housing will begin soon construction of a 74-unit affordable senior housing complex. Construction is scheduled to begin in February and be completed by 2003.
BROOKLINE, MA-Despite an increasingly tight market for hotel financing, Cambridge-based Carpenter & Co. acquires financing for a 188-room hotel project in Coolidge Corner. The project has been in the works for nearly four years.
DENVER-The sixth-largest owner of US movie theaters sees increased revenues, and profits rather than huge losses, despite operating fewer screens. It was in Chapter 11 bankruptcy earlier this year.