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KANSAS CITY-A developer's plan calls for 361 multifamily units, 256,000 sf of office space, 72,000 sf of retail space and a 15-room hotel in a formerly blighted area north of Downtown.
ATLANTA-The Menomonee Falls, WI-based department store's simultaneous grand opening date at identical 86,500-sf locations is March 9. Six of the new outlets are in north metro; two in the east; four in the northwest; and three in south end counties.
PALM BEACH, FL-Locally based hotel REIT attributes part of the growth to its fourth-quarter performance, which saw revenue per available room grow by 8.6%. Palm Beach is 64 miles north of Miami.
CHICAGO-While the woes of the retail industry are hitting some shopping centers here hard, lifestyle centers in previously underserved outlying suburban areas should help buoy the market here.
CHARLOTTE-To prevent suburban sprawl, the Queen City says it has to concentrate on higher-density projects, especially along transit lines. But the City Council's voting record on zoning applications doesn't always support its position.
MINNEAPOLIS-The two chambers once fought over the Mall of America, which city officials feared would severely hurt its downtown retail sector. Now, both sides say they have mutual interests in the state legislature.
HOUSTON-Big box retailer Wal-Mart has bought slightly more than 6.3 acres in northwest Houston, but not for a supercenter. Wal-Mart is planning a 40,000-sf neighborhood grocery store. Texas, Oklahoma and Arkansas are test markets for the concept, which now boasts a 17-store portfolio.
AUSTIN-The Kernel Group is making a move to capitalize on the European market. In conjunction with overseas office launches, the Austin-based software company has hired The Staubach Co.'s Austin office to find more space for its headquarters.
TRENTON-The governor's initiative would force those developing properties with more than a half-dozen multi-family units or single homes on land without public sewers to face tough reviews.