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CLERMONT, FL-Tampa, FL-based Westshore Development Group plans to break ground within 120 days on the first 500-home phase of Lost Lake Reserve, an ominous-sounding project that is going to bring 80 acres of commercial development, 600 apartment units, 2,500 new residents and take 10 years to build out in this once-idyllic community of 8,140 permanent residents. Clermont is 25 miles west of Downtown Orlando.
FT. WORTH-A management shuffle for Sundance Square's gatekeeper is just the beginning. More retail, office and residential are part of the plan, which has brought a 19-year veteran from Maryland-based Rouse Co. to Ft. Worth as a president and CEO.
LISLE, IL-Not all is doom and gloom for dotcoms and tech companies in the East-West Corridor. Among recent deals announced by Colliers Bennett & Kahnweiler Inc., two of them are tech companies.
DALLAS-About $31.6 million in financing has been secured for two multifamily developers. One project is along Arlington's bustling Bardin Road corridor and the other is being built in Waco.
DALLAS-Fleming is working hard to shift its focus to big box supercenters. This time, the Dallas-based distributor has sold 11 grocery stores in Arizona in the strategy realignment. It's not the first sale and not likely to be the last.
ARLINGTON, VA-The financing is one of several moves being made by the company as it tries to improve shareholder value without issuing common stock, which company officials believe is undervalued.
BOSTON-The Boston Community Loan Fund helps fund the first low income assisted living facility here thanks to its participation in Harvard University's 20/20/2000 Affordable Housing Initiative.
ANTIOCH, CA-The Antioch City Council this week rejected a 200-room luxury hotel and Las Vegas-style gambling casino proposed for the city's 10.5-acre waterfront property located between Fulton Shipyard and Roger's Point.
ATLANTA-The locally based hotel company avoided delisting on the Nasdaq National Market when it applied and won approval to have its common shares listed on the SmallCap Market instead.
SAN FRANCISCO-San Francisco Mayor Willie Brown let a six-month ban on live-work loft developments become law this week. He also urged the Board of Supervisors to craft a long-term solution to the city's housing crisis.