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DENVER-It's taken better than a decade, but Denver is getting serious about building a new jail. Present plans call for a 112-story facility to house 3,100 inmates - project that three years ago had carried a $235-million price tag.
ORLANDO-Although net absorption is up and vacancies are down, this 92 million-sf entral Florida sector lacks sufficient distribution and warehouse space to accommodate demand by the small user, according to Grubb & Ellis Co. The result is a flurry of build-to-suit activity.
MIAMI-A Winn-Dixie supermarket anchors a 79,000-sf shopping center opening in the economically-depressed Liberty City section. Community leaders hope the venture will trigger additional development in a neighborhood that has yet to fully recover from social unrest in the 1980s.
AUSTIN-Two local executives have made the news this week, one receiving a national honor and the other being elected to chair the Downtown Austin Alliance.
AUSTIN-Whole Foods Market, based in Austin, is heading north to downtown Toronto for its first retail operation in Canada. The store will be situated in a high-end retail sector now undergoing a shift in its tenant mix.
CHARLOTTE-A 1.5-acre park will grace the rooftop of the four-story parking facility on South Tryon Street. The bank also plans to convert the 70-year-old Ratcliffe Florist Building to 35,000 sf of office and 24,000 sf of retail. The mixed-use First Union Commons project is scheduled for yearend completion in 2001.
PALO ALTO, CA-Hewlett-Packard Corp. has paid $1.7 million for the place where it all began: a ramshackle garage on Addison Avenue where the company's two founders first began tinkering with ideas.