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TUCSON-The Marshall Foundation is eyeing an October groundbreaking on a $17-million, 115,000-sf building for office and retail. And, the foundation is in talks to sell or lease part of its holding along N. Park Avenue for a $9-million theater project.
SAN MATEO-The two $50 million pledges to the Peninsula Open Space Trust came form the David and Lucile Packard Foundation and the Gordon and Betty Moore Foundation. The trust is eyeing coastal land from Pacifica to the Santa Cruz County border.
HUNTINGTON BEACH, CA-The AES Corp. has been granted 10-year permits to run two 40-year-old generators that have been idle for six years. The approval has sparked protest from Huntington Beach residents and city officials.
BLOOMINGTON, MN-The first store opens next week in McLean, VA but a second is on its way to the world's largest shopping center. Apple reportedly plans stores in Palo Alto, CA; Chicago, New York City, Atlanta, Dallas and Miami.
DALLAS-Wyndham International's been talking about the project for some time. Now, it is ready to move, setting a December construction start for a premier Golden Door Spa. The 35,000-sf luxury spa carries a $4-million price tag.
BOSTON-Brookfield Properties Corp. acquires an additional 5.4% of its assets here--at 53 and 75 State St.--as well as its assets in New York, by increasing its ownership of Brookfield Financial Properties.
ATLANTA-An affiliate of locally based Brookside Properties bought the 80-unit Post Lee apartments in Nashville. Dallas-based Tonti Properties purchased the 327-unit Post Lakeside complex in Dallas. The combined sale was $26.4 million.
MIAMI-GlobeSt.com research shows property owners, investors and developers in Broward, Miami-Dade and Palm Beach counties contributed 3.6% of the soft money sum that went to state political parties and 2.9% of Florida's total Federal campaign contributions in the 1999-2000 election cycle.
MELVILLE, NY-KeySpan and the Long Island Power Authority have agreed to a public/private partnership in which KeySpan will create a 130,000-sf facility and LIPA will commit to purchasing half of the power produced.