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HOUSTON-Turner Construction wins a $45-million award to add 228,000 sf to the Houston Galleria and build a 2,700-space parking garage. For Turner, it's the third large contract it's grabbed in Houston's current building frenzy.
SAN DIEGO-One of the city's largest private employers, and one of the nation's largest computer makers will lay off up to 25% of its work force and refocus its business.
PORT ORCHARD, WA-The owners of a Belfair minicasino have filed a lawsuit over their failed attempts to locate a gaming facility here. The lawsuit, filed in Kitsap County Superior Court, claims city officials improperly nixed the proposal.
IRVINE, CA-The Irvine-based limited liability company has paid $11.9 million for the complex, known as Oasis at Palmdale Apartments. More than $3 million in improvements are planned for the facility.
PITTSFIELD TOWNSHIP, MI-A new board and residents are against a plan for a new 530-acre, mixed-use urban village that would include retail, offices, apartments and single-family homes.
PHOENIX-The latest multifamily report has Phoenix lagging behind its southwestern counterparts of Tucson, Las Vegas and Albuquerque. Despite negative absorption of 1,451 units, another 2,583 apartments got under way in Q2, says Hendricks & Partners.
BRIDGEPORT, IN-The hotel and parking garage across the river from Louisville, KY is part of an entertainment and retail complex that includes the 90,000-sf Glory of Rome riverboat casino.
WASHINGTON, DC-BridgeStreet Corporate Housing Worldwide buys Paris-based Apalachee Bay Properties, which represents about 300 units of housing in that European city. This is MeriStar's second European expansion.
AUSTIN-Capital Spectrum commercial printing is combining operations from two locations into an 80,000-sf spot in Austin's southeast submarket. The firm is the third tenant to sign on for the 280,000-sf Bergstrom Technology Center.