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HUDSON, WI-Three tribes have challenged the governor's veto authority, stalling a casino 30 miles east of the Twin Cities in Federal court. Gov. Scott McCallum is skeptical of gambling's role in "meaningful economic development.
ATLANTA-The problem here could impact commercial development if left unchecked, industry observer say. Dan Hourigan is program director at Midtown Transportation Solutions, the newest group.
ATLANTA-The bank is paying an estimated $15 million for the Atlanta-based capital markets unit of Citigroup Inc.'s Salomon Smith Barney, financial sources familiar with the acquisition tell GlobeSt.com on condition of anonymity. SunTrust hasn't disclosed the price.
WALTHAM, MA-Polaroid Corp. appears to be close to a deal to sell its 56-acre corporate campus here. The instant photography company, which is trying to reduce its debt, put the property on the market nearly six months ago.
NEW YORK CITY-The center will be used by Wyeth-Ayerst Pharmaceuticals as its corporate headquarters until 2003. After that, $270 million will be spent to renovate and upgrade the facility.
RICHMOND, VA-The REIT reports strong leasing activity in the Richard Market to start off the year. Several companies signed up for office and warehouse space across a few of the company's developments.
CHICAGO-Heller Financial decides to move its franchise finance unit from San Diego within the next 90 days to 500 W. Monroe St., where no additional space will be needed. Efficiency is the goal of the consolidation.
PALATINE, IL-This northwest suburb is the latest to hop the Downtown redevelopment train. Village officials approve the 280-unit Groves of Palatine multifamily development and 117,000-sf Gateway Center office and retail project.
TUCSON-Two national magazines put Tucson among the nation's best cities for business, based on 1999 data. Just wait until the 2000 data is collated, says the Greater Tucson Economic Council. An even higher ranking is practically guaranteed.