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BELLEVUE, WA-A 28,000 sf, three-level store will open this weekend at Bellevue Square. Over the next few weeks, stores also will open in Mt. Laurel, NJ and Scarsdale, NY.
TUCSON-Rising home costs seem to be the underlying cause for an apartment demand that's double from last year's Q1 figures. Demand is up and construction is down, according to Hendricks & Partners' latest multifamily report.
LONDON-Research from King Sturge says London's traditional core office areas can't accommodate the demand. This could lead to redefinition of London's boundaries and the merging of the West End and City areas.
FT. WORTH-Koll Development is ready to go on a $7-million, 179,122-sf second phase to its industrial component at CentrePort. Site work is done and pier drilling begins next week. Soon to come will be news of a joint venture retail partner and 130-room hotel.
LONDON-Research from King Sturge says London's traditional core office areas can't accommodate the demand. This could lead to redefinition of London's boundaries and the merging of the West End and City areas.
SEATTLE, WA-Cheap land along the interstates has been drawing development out from the urban core for nearly 50 years. Now, however, redevelopment in the city may again be less expensive than expanding outward.
RED BANK, NJ-A proposed adjoining 314-car parking garage might be a bargaining chip for the project's approval, because the city might be able to use it on weekends to solve its parking problems.
WHITE PLAINS-Starwood Hotels & Resorts Worldwide, Inc., reports it has signed a deal with Colonia Natural, S.A. to operate a new Four Points by Sheraton hotel in Colonia del Sacramento, Uruguay.
TIGARD, OR-Despite an economic slowdown that has shrunk the tenant pool, the 93,000-sf office project set for completion in the third quarter has just 10,000 sf still available.
ORANGE COUNTY, CA-Prandium Inc., owner of national Koo Koo Roo and Chi-Chi's chains, trims 40 more jobs and names it chairman to an additional post. The company recently told the SEC it might have to file for bankruptcy protection.