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BOSTON-A local conservative think tank's criticisms has led local hotel and tourism officials to commission a study determining the economic feasibility of the proposed new convention center here in South Boston. The Pioneer Institute contends that the $800 million center should not be built.
BARRINGTON, IL-A change in administrations brings the probability of a new direction for the long-debated redevelopment of a 14-acre site along this affluent northwest suburb's main north-south thoroughfare.
HARLINGEN, TX-The Austin-based Lynxs Group has secured another air cargo contract in a public-private partnership. As much as 200,000 sf in three phases could deliver at the Valley International Airport in Harlingen near the Mexico border.
NEW YORK CITY-The research organization is now providing local hotel statistics to this website, including supply and development trends, as well as sales transactions. The addition supplements GlobeSt.com's fast-growing database of quarterly MarketData reports.
SCOTTSDALE, AZ-The 85,191-sf McDowell Mountain Medical Plaza has commanded top dollar, setting the record thus far this year for its product type. The Dasco Cos. has shelled out $13.5 million to seller, Scottsdale Medical Plaza LLC.
NEW YORK CITY-Construction has just been completed for the New York Yankees' minor league team, the Staten Island Yankees. Bovis Lend Lease was responsible for construction and project management.
SAN DIEGO-Southern California's largest trade show promoting commerce between the U.S. and Mexico drew about 3,500 at Pacific Rim Pointe in Otay Mesa. The exposition showcased more than 280 providers of goods and services.
DALLAS-Second quarter leasing activity had offered a glimmer of hope that the worst had passed, but another slump is hanging over the Dallas region, says a Cushman & Wakefield of Texas senior director. It's not marketwide and it's not all gloom and doom.
LONDON-The boom in residential investment looks set to continue according to London-based agency, Chesterton. According to its London Residential Trends report, there has been a surge in buying 'off-plan' in new developments.
ATLANTA-However, the utility will withdraw its five-year proposal to the Georgia Public Service Commission if the PSC allows the company to earn between an 11% and 13.5% annual return on equity.