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ORLANDO-Developer Richard C. Kessler's $37-million, 250-room Westin Grand Bohemian Hotel debuts April 16 with average daily room rates of $150 to $225, unprecedented prices for Downtown.
BOSTON-The Greater Boston CVB is studying the level of interest in the proposed convention center here. The Bureau insists the study is not a response to a recently released report that questions the need for the center.
AUSTIN-Houston-based Epic Edge wants to shift its headquarters to Austin. The company is in the midst of talks for a spot near Southwest Parkway. The lease will facilitate a headquarters move and consolidation of Austin area satellite sites.
NOVI, MI-Fifty acres of wooded land at Wixom and Grand River roads here, valued at $8.4 million, is given to the school to create a larger campus. The land is near an industrial and retail area.
AUSTIN-River Asset Management has closed on a $5.8-million refinancing loan for its 252-unit Mark at Parliament Apartments in north San Antonio. The 10-year loan carries about a 78% loan-to-value ratio. The holding is 94% occupied.
ORLANDO-Dean Saunders, owner of Lakeland, FL-based Saunders Real Estate and a former member of Florida's House of Representatives, says the illegal practice makes it difficult for professionals to compete on a level playing field.
ROMANA, CA-A 4,332-acre multi-use project has been rejected by the county planning commission because the developer's plan failed to consider enviromental impact and access issues. The plan could go to County Supervisors for consideration anyway.
POMPANO BEACH, FL-The 85-acre industrial distribution site near Interstate 95, about 32 miles north of Miami, shows no sign of market slowdown as tenants await the certificate of occupancy on the development's first new building.