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BOSTON-Beacon Capital Partners is looking to increase its seven-acre parcel in the Fort Point Channel area here by adding one million sf of space. The company bought the property in June for a low $44.9 million.
Phoenix-Beating out such hot spots as Atlanta, San Francisco, Salt Lake City and Dallas, the Phoenix metropolitan area has been ranked No. 1 as the best place for start-up companies, according to an annual survey by Inc. magazine.
DETROIT-A $268,000 grant will help bring tourism and new investment to the 28-mile Woodward Corridor. Hopes are that it will brighten existing businesses and encourage new construction.
PORTLAND-The current proposal would allow developers to double the area's existing 75-foot cap in exchange for public amenities such as day-care centers, rooftop gardens or water features. The City Council will have its say on Dec. 13.
MINNEAPOLIS-A report alleges that advances made to the council's director were never repaid, that money intended for an office assistant position was never filled and consultants were paid $47,884, but no invoices showing what they did.
FREMONT, CA-The Quintus Corp., which saw its stock price plunge last week after placing its CEO on leave and starting an investigation into accounting procedures, says it's still headed to new corporate headquarters on Silicon Valley's eastern edge.
RYE BROOK, NY-Austin Corporate Properties Inc. reports it has brokered two recent leases totaling 22,000 sf with a major bank and a law firm that will be relocating operations from Manhattan to Westchester.
ATLANTA-James Borders and Dallas Denny received the Chairman's Award from the Georgia Trust for Historic Preservation. The pair restored the 76-year-old Atlanta Biltmore Hotel as office space and sparked a redevelopment in the former run-down area.
SLEEPY HOLLOW, NY-Sleepy Hollow Mayor Philip E. Zegarelli tells GlobeSt.com that he expects General Motors to release some details of its long-delayed redevelopment plan for its former assembly plant site here before Christmas.