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CHICAGO-Equity Office Properties Trust is the nation's largest publicly-held office building owner and manager. It now is Fortune magazine's "Most Admired" real estate company in the US.
SEATTLE-Rod Kauffman of the Seattle-King County Building Owners and Managers Assoc. tells GobeSt there are reports of a terra cotta falling off buildings in downtown's Pioneer Square, a crack in the Capital's dome in Olympia and a fire in a Carpet Exchange building in West Seattle.
ORLANDO-Travelodge Hotels Inc. of Parsippany, NJ has retained Lake Buena Vista Suites to build a 1,380-room Travelodge World Resort hotel in Lake Buena Vista, FL, minutes from the 30,000-acre Walt Disney World enclave. The estimated $20 million resort is scheduled to open in third quarter 2002.
WASHINGTON, DC-The first of the business centers, which will provide desk space for 7,000 workers, will open in Herndon, VA, in April. The centers are expected to generate $50 million a year.
SEATTLE, WA-A state of emergency has been declared in the State of Washington as it assesses the damage and copes with the aftermath of a 6.8 earthquake centered 11 miles northeast of Olympia and 35 miles below ground.
SALEM, OR-Plans for one wind-powered generating plant and four natural gas-fired generating plants have passed in front of state regulators recently, and more are expected.
PHOENIX-Starting next month, Arizona will be the first state in the nation to require voter approval of general plans, which is likely to impact how and where development occurs.
AUSTIN-The Landmark Organization has cleared the first hurdle to relocate the historic Dickinson-Hannig House to park land. Preservationists can rest easy that it no longer will be a gift shop for a $225-million convention hotel. A final decision comes March 8 at city council.
DENVER-The popular Highland neighborhood is getting a high-end loft project that's particularly attractive to single professionals in the Denver market. Ground has broken on a third phase to Highland Flats III, which will add 24 more lofts.
DALLAS-Trammell Crow is positioning itself for "slow, steady" growth while implementing cost-cutting measures. The decision spells office consolidations and job cuts of less than 5% of its 7,300-member workforce.