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AUSTIN-Legerity Inc. employees today are unpacking and settling into a 115,000-sf corporate headquarters at Southpark Commerce Center. Meanwhile, work continues on a 26,000-sf expansion to accommodate the Austin-based firm's international business momentum.
MINNEAPOLIS-The Minneapolis Star Tribune throws its support to a new ordinance, but urges incentives from the state such as state income tax credits equal to 25% of the cost of rehabilitating certified structures.
CHARLOTTE- The 380 units will be on 14 floors above an eight-story, 1,841-space parking deck at Third and Church Streets. A spring ground-breaking is planned.
SAN DIEGO-The proposed downtown ballpark project could go through without the major waterfront hotel that was both its biggest financial risk and biggest source of revenue.
SAN BRUNO, CA-The San Mateo County Community College District will sell a vacant 22-acre parcel on its Skyline campus to a Palo Alto-based residential developer for $34.1 million.
PHOENIX-It hasn't even been built yet but Tempe is already asking that the light rail go faster. The city wants the pace of development to increase so that the system is in place when the new $335-million stadium opens in 2004.
SAN DIEGO-Burnham Pacific Properties Inc. today announced that it has closed on the sale of two retail centers, the Puget Park Shopping Center in Everett, WA and Cameron Park Place in Cameron Park, CA.
HOUSTON-It's taken two years to get this far, but construction crews are now gathering at a site in northwest Houston, where a 393,000-sf office-warehouse will be built for Novo Industries. The mini-blind manufacturer already owns about 1.5 million sf in the submarket.