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DANDRIDGE, TN-The Knoxville, TN food firm is replacing several older buildings with a 240,000-sf structure that is expected to employ a total 270 workers when completed in late 2003.
DENVER-The state's highly touted cutback in building projects isn't extending to the Community Colleges of Colorado at the Lowry campus. The state quietly has placed an ad for a project manager to steer $12 million to $15 million in campus renovations.
COLORADO SPRINGS, CO-Intel Corp. options 700 acres of the 24,000-acre Banning Lewis Ranch. The chipmaker has plunked down a non-refundable $300,000. Still, Colorado Springs isn't a shoo-in. There are 12 other locations under consideration.
BONITA SPRINGS, FL-The locally based developer of luxury single-family and multifamily communities does not expect to meet a forecasted 10% to 15% increase in EBITDA partly because the Sept. 11 national tragedy had a negative impact on sales traffic. Bonita Springs is 134 miles west of Miami.
AVONDALE, AZ-The San Diego-based Jack in the Box has lined up a 40,000-sf retail pad site for its next eatery. Ground will break soon at a high-traffic intersection in Avondale, a fast-growing suburb 12 miles west of downtown Phoenix.
CORONADO, CA-A local bank has arranged $9.49 million in real estate financing for Vantaggio Suites in San Diego. The 280-room foreign student housing facility is located in the "Little Italy" area of downtown San Diego.
FRANKLIN, MA- Fantini & Gorga/iCap Realty Advisors arranges $4.5 million in permanent acquisition financing for 38 Forge Park, an 80,000-sf office and research and development building here. The building is currently fully leased to Dynisco LLC's subsidiary, Dynisco Instruments and to Cisco Systems.
JACKSONVILLE, FL-Florida's largest grocer increased its total leased space by 6.1% to 51.1 million sf among 1,153 stores, an average 44,319 sf per store. Two new stores are under construction. Jacksonville is 250 miles north of Downtown Orlando.
FORT LAUDERDALE, FL-The locally based national architectural firm hires Stanley Stanczyk, formerly with Nichols Brosch, to support its expanding South Florida operations.