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DENVER-The first phase of Post Uptown Square, consisting of 449 apartment units in renovated buildings as well as new construction, is 95% leased. The 247-unit second phase of Post Properties' development is under construction.
HOUSTON-Teams of L.J. Melody & Co. in Houston put together financing packages for office projects in Louisiana and Ohio. In all, $11.2 million is in place for an 89,100-sf building in a New Orleans suburb and a 63,747-sf structure in a Cleveland suburb.
AUSTIN-The city's highest sublease corridor, the northwest submarket, pulls 12,465 sf from its docket with the signing of Austin-based Bluecurrent. The information technology manager had offices in the state capital's CBD.
DANA POINT, CA-The swank hotel will make its case for nearly doubling the size of its beachfront patio and to operate a shuttle service to transport guests. Some homeowners and environmentalists oppose the plans.
AUSTIN-Schlotzsky's cuts the ribbon on its 30th company-owned store, selecting Northcross Mall for its newest location. The 3,200-sf, freestanding eatery makes four for the state capital in the 700-store chain spanning 32 states.
HOUSTON-Three more buildings, totaling 186,700 sf, are coming out of the ground at World Houston International Business Center. The EastGroup project is 83% pre-leased so now it's time to start digging. Another three buildings are on the drawing board.
ELWOOD, IL-Elwood School District 203 will use a $2.4-million from CenterPoint Properties Trust to renovate an elementary school that's more than 40 years old. The REIT is development the massive CenterPoint Intermodal Center.
SAN DIEGO-A $750 million cargo facility at Brown Field appears to be dead -- at least for now. Developers had hoped to build a cargo hub at the 900-acre site. They argued it would create thousands of jobs and draw hundreds of millions of dollars in economic benefit to the region.