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SOMERVILLE, MA-A member of a local activist group initiates an appeal against Taurus of New England to prevent construction of a Home Depot at Assembly Square. Local officials are concerned about the potential impact this will have on development here.
WAUKEGAN, IL-If Martin Tuohy can get equity financing, his University Station project could bring an educational, entertainment, office and condominium complex as well as redeveloping the struggling mall.
KANSAS CITY-Plans call for renovation of historic buildings and a new home for Output Technology Solutions. However, initial estimates put the environmental contamination cleanup costs at more than $2.2 million.
ATLANTA-Spotting a niche in the market for small office/warehouse quarters, Valencia Mechanical Co. is breaking ground in two weeks on a $2.5 million, 16-acre spec project next to its offices in Fairburn, GA, 18 miles southwest of Downtown.
IRVINE, CA-Charles Dunn Company rolled out a new team of brokers in December whose mantra is to create investment opportunities for owner and investor clients seeking office, flex and industrial property in the county.
DENVER-Schuck Holdings now owns about 6,000 acres near Front Range. A cargo and distribution facility is planned for the latest acquisition, 820 commercially zoned acres in Adams County.
PHOENIX-The five communities vying to land the $335-million stadium for the Arizona Cardinals addressed some of the issues brought up by the group that will decide where the taxpayer-approved stadium is built.
AUSTIN-Eating out is big business in Texas, where the average annual tab is $1,205 per patron. The highly competitive market this year will see more diverse concepts opening up and more cross-trained workers in bids to tap Texans' favorite pastime.
CHARLOTTE-The one-year-old Colorado firm is expanding into 25 cities over the next 18 months. Relera has $300 million in venture capital from Bank of America Capital Partners and Morgan Stanley Dean Witter, according to a published report.
MINNEAPOLIS-The retail giant's chief executive says one man's urban sprawl is another's convenience. He's calling on members of the National Retail Federation to urge local governments to work with retailers, not against them.