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ORLANDO-Mark Ellert, who opened the $36-million, 233-room Marriott Renaissance last week in South Florida, is looking at a 2003 debut for a $70-million, five-star, 150-room, 25-condominium complex in suburban Winter Park, FL, the area's first hotel development in 30 years.
DENVER-The National Conference of State Legislatures will use the sale of $13.9 million in tax-exempt bonds to build its headquarters at the former air force base. NCSL currently leases space Downtown.
PHOENIX-The Foltz Family Trust of Avondale has sold its Bethany Village Shops, reaping $1.2 million for the 47-year-old holding. The 14,700-sf center is located along N. Seventh Street. Scottsdale-based 2501 Hayden LLC is the new owner.
WESTON, FL-The locally based owner of the Ritz-Carlton San Juan Hotel, Casino & Spa in Puerto Rico files a Chapter 11 petition under the U.S. Bankruptcy Code. Weston is 26 miles north of Miami; Puerto Rico is 1,038 miles south.
SEATTLE-CarrAmerica Realty Corp., one of the largest owners, developers and managers of US office space announced today the portfolio-wide rollout of essention Inc.'s Web-based commercial property management solution into CarrAmerica-operated properties across North America.
ARLINGTON, TX-Metro Custom Plastics Inc. is moving just a couple of blocks away in the Great Southwest Industrial Park, but it signals a significant expansion for the manufacturer. The company has inked a five-year, four-month deal to double its space.
FLORENCE, AZ-Atlanta-based Vanguard Properties has closed on a 5,550-acre deal and is in escrow on another 3,200. The entire portfolio of BHP Copper is now being eyed for a master-planned community. Vanguard has spent $14 million to date.
BOULDER, CO-A University of Colorado at Boulder study predicts 48 million new people in the 11 Western states by 2050, with 26 million acres to be developed as a result of that population growth.
ALBERTVILLE, MN-Banana Republic Outlet and Old Navy Outlet are among the nine new stores opening through the middle of next week at Outlets at Albertville, which has expanded to 306,000 sf.
SEATTLE-The deadline to register to receive federal aid for earthquake damage is Saturday. Officials strongly are encouraging people in the 22 affected counties in the state to take another walk through their properties and inspect for damages.