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ATLANTA-. During the first week after the re-open-for-business word went out, 43 applications were filed--16 each for commercial and multifamily/industrial/institutional projects; 11 for single-family development.
WASHINGTON, DC-1 Freedom Square, an 18-story, 414,000-sf class A office tower in Reston, VA, walked away with awards from the NAOIP, Northern Virginia Chapter of the AAIA, and the Metro Washington and Virginia Chapters of ABC.
BOSTON-Locally-based Willowbend Development Corp. will manage Fairmont Hotels & Resort's newest resort in Puerto Rico. The $140 million project, which should be completed by fall of 2003, is Fairmont's third property in the Caribbean.
SAN FRANCISCO-Restless after a year of early retirement, James Arce accepts the brokerage company's offer to be asset services director for its San Francisco's office, responsible for the company's 9-million-sf Northern California portfolio.
DETROIT-The telecom hotel slowdown is not stopping Philadelphia-based Amerimar Enterprises from converting a Detroit warehouse at I-94 and I-75 to tech use. The company has seen success in Chicago as well as its hometown.
IRVING, TX-Cousins Stone has selected a new vice president of marketing and research. Cynthia Cowen, the department's director, will take over the role, effective immediately.
LOS ANGELES-Hotel giant signs sweeping affiliation agreement with Mexican chain, one of Hilton's most ambitious steps yet to expand into the lucrative market.
MORRIS TWP., NJ-Congestion, at record levels, can be reduced by a concerted effort to implement transit-friendly initiatives, according to a multi-county action group that feels it has the answers to a nagging problem.
DENVER-Fuller and Co., recognized for its annual predictions, finds one wild card in the regional outlook for this year. All looks fine in terms of office construction, rent and occupancy, save for Qwest. As much as 500,000 sf could come to market with planned cutbacks.
BOSTON-A recent survey indicates that the top real estate markets in the US are not affected by the recent slowdown in the economy. This area, with some of the lowest vacancy rates and highest average rents in the country, is well positioned to withstand any economic downturn.