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BOSTON-A new plan to rebuild Fenway Park has been proposed by one of the seven groups bidding to buy a controlling interest in the team. While the team's construction advisor has dismissed other plans, this one warrants further study, he tells GlobeSt.com.
TRENTON-The funding, which will focus on all income levels, will be divided between two separate programs administered by the New Jersey Housing and Mortgage Finance Agency.
NORTHVILLE TOWNSHIP, MI-Township officials agree to buy the property, which would be worth more than $8 million if it was zoned for commercial use, to expand park land next to a state prison.
ST. PAUL, MN-Construction equipment owners can buy LoJack devices at a steep discount in an effort to help companies recover stolen vehicles. Trucking and construction theft is a multi-billion-dollar criminal enterprise.
LONDON-A report just released by Mayfair-based agency Lane Fox dismisses any fears of a housing slump in central London despite the plummeting stock market. Lane Fox says money is coming out of shares and into property.
VERNON HILLS, IL-The 525-acre Continental Executive Parke draws the lender to 101,073-sf and 33,109-sf spaces in a deal worth $12.5 million. It's the second 100,000-sf-plus lease in Lake County this year.
WASHINGTON, DC-The September 11 terrorist attacks on New York and here have had disastrous effects on several industries, but the hotel industry in particular. Local hospitality companies and hotel properties have been affected in a variety of ways.
GLEN ELLYN, IL-Parkside Limited Partnership gets $6 million for a 120-unit, 35-year-old apartment complex in this west suburb of Chicago. The apartment mix is primarily one-bedroom units.
NEW YORK CITY-Large companies tend to jump more readily than smaller firms into the build-to-suit waters when contemplating new industrial facilities. Industry experts say that the ability to plan, a luxury many smaller concerns lack, keeps them in the spec end of the pool.