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DALLAS-The Dallas Chapter of NAIOP is ready for the year, seating a new roster of officers to lead the organization this year. Heading the distinguished group is Michael Dardick of Granite Properties.
WHITE PLAINS-Westin Hotels & Resorts, a subsidiary of Starwood Hotels & Resorts Worldwide Inc., based here, reports that its management agreement with Philippine Plaza Holdings Inc. for the Westin Philippine Plaza has been renewed.
BOSTON-The Convention Center being built in South Boston is reportedly way over budget, prompting the Massachusetts Convention Center Authority to stop design work on the project while it reviews the numbers.
KANSAS CITY-Five local stores are affected, including locations at Oak Park Mall, Ward Parkway Shopping Center, Metro North Shopping Center, Blue Ridge Mall and Indian Springs Marketplace.
DALLAS-A Dallas-based child-care provider has found a niche in corporate America, building on-site centers tailored to workers with non-traditional schedules. Children's Choice has added MGM Grand in Las Vegas and Medical City Dallas to its construction list.
PHOENIX-Work has begun on a restoration project along a portion of the Salt River in Phoenix that could turn the most blighted land in the Valley into a hotspot for redevelopment.
MILL CREEK, WA-"It's a nice little institutional investment in a fast-growing trade area near Everett," says Paul Sleeth of Colliers International, who represted Metropolitan Life in the sale of the Safeway-anchored strip mall.
MACON, GA- Georgia Power Co. owns the four-story, 63,000-sf structure and has set an asking price of $2 million to $2.5 million. The city must match the federally-funded DOT's funds with a minimum of $200,000. Macon is 85 miles southeast of Downtown Atlanta.
ORLANDO-Park Development Corp. president David Townsend plans to break ground by April 1 on the $65 million Esplanade Center of Park Place and start construction on the $100 million MetroWest Place by year end. The projects are within the 1,800-acre MetroWest community of 12,000 residents near a growing affluent west Orlando urban center and two miles from Universal Orlando's theme parks.