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ORLANDO-To keep commercial projects off land that soaks up rain readily, such as frozen-out citrus groves, Orange County has been offering landowners up to a 70% property tax break since the statewide provision was authorized in 1988.
DETROIT-The new designation brings three areas together to would raise about $55 million during a 15-year period for later development and expansion at the 1,300-acre mixed use business development.
NEW YORK CITY-Tokyo, which placed first last year, moves down to second place, followed by Hong Kong, San Francisco and Paris. New York moved up to 13th place from seventh.
SAN FRANCISCO-The century-old Ferry Building at the foot of Market Street is being restored by a joint venture between developers Wilson Meany LLC, Wilson Equity Office of San Mateo and Primus Infrastructure.
VANCOUVER, WA-After a two-month delay to adjust plans for a larger underground parking garage, work resumed this week in the 35-foot deep hole east of Esther Short Park in downtown Vancouver. Cranes and concrete will arrive next month.
VANCOUVER, WA-After a two-month delay to adjust plans for a larger underground parking garage, work resumed this week in the 35-foot deep hole east of Esther Short Park in downtown Vancouver. Cranes and concrete will arrive next month.
PHOENIX-With the purchase of an office building along the popular Camelback Corridor, a local developer has the final piece needed to start an office redevelopment project that will total 330,000 sf.
WASHINGTON, DC-Cohen, Milstein, Hausfeld & Toll, a law firm specializing in class action suits, has joined the suit against the REIT. The lawsuit seeks to recover damages on behalf of those who purchased stock between November and March.
JUNO BEACH, FL-The locally based energy holding company estimates it expects to add more than 9,500 megawatts of power plant production to its portfolio by the end of 2003. Juno Beach is 77 miles north of Miami.
DENVER-Five property owners will be getting requests for proposals from a city task force. The properties are being eyed for a $300-million justice center. Getting the land is just part of the battle. Voters must also decide on a tax increase.