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MARLBOROUGH, MA-Concerns over a sluggish economy prompts New York-based developer Benderson Development Company to abandon plans to develop a five-story hotel here at the corner of Glen Street and Route 20. The land is owned by the Gutierrez Co.
LONDON-The rate of rental growth in the retail sector is slowing most quickly in London and the South East, according to DTZ Research. But many of the UK's top retail locations are still showing rental increase above the rate of inflation.
SOUTH PADRE ISLAND, TX-The South Padre Island Economic Development Corp. calls it the largest and most significant project in the destination spot's future. Isola Bella will bring 64 luxury units in a twin-tower design to the vacation hotspot.
FRIDAY HARBOR, WA-A grant from the Bonneville Environmental Foundation has helped add four new solar sites to the Orcas Power and Light Cooperative Green Power program headquartered here. With
SANTA CLARA-An Exodus spokesman says that Exodus has the option to purchase the 320,000-sf development and is weighing its options. Given the company's recent layoffs, it doesn't look like it will be interested in doubling its space.
BLOOMFIELD HILLS, MI-Topics for the all-day event include using tourism for economic development, downtown revitalization, small business development and brownfield redevelopment.
WEST PALM BEACH, FL-The Charleston, SC-based real estate investment trust sold the local 18-hole golf course to Emerald Dunes Golf Group, an affiliate of an existing lessee.
HOMESTEAD, FL-The Coral Gables, FL-based development company has secured contracts on 393 acres in this community 27 miles south of Miami and is proposing a mixed-use residential development with about 2,274 residential units.
APOPKA, FL-BWI Cos. Inc. of Schulenberg, TX is also hiring a dozen workers from the 34-year-old, 40-person Florida firm going out of business after struggling to book sales of $12 million this year, $3 million under budget. Apopka is 17 miles northwest of Downtown Orlando.