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CHARLOTTE-The locally based developer plans to build a 65,000-sf flex buildng and a 120,000-sf warehouse on the last 25 acres available at Northpark. The estimated hard construction cost of both projects is $1 million.
SAN JOSE-The City Council decides tonight whether a citywide vote on the 20,000-worker development should occur. Opponents who gathered enough signatures for such a vote want a "yes" vote. The city's attorney says the petition is technically invalid and should be ignored.
BOSTON-As further indication of a recent trend to develop office buildings west of Downtown, Talanian Realty is developing an office building in the Beacon Hill neighborhood here. The five-story building will total 20,000 sf of space.
DENVER-CarrAmerica Development is finishing out a 73,000-sf office structure for a 115-attorney firm that plans to relocate some 60 lawyers from its downtown Boulder office to the new site. The building will be ready to occupy by month's end.
WASHINGTON, DC-Published reports quote Senate Republican Leader as stating he favors a 5% capital gains reduction. An NAR spokeswoman notes that any tax reduction would be help create more disposable income.
BUCHANAN, NY-As officials from the Nuclear Regulatory Commission began an inspection of the Indian Point 2 nuclear power plant, Consolidated Edison responded to harsh criticism leveled yesterday by Westchester County Executive Andrew Spano concerning the facility's safety.
NEW YORK CITY-News that Millennium Partners closed on a $400-million loan to acquire a portfolio including the Ritz Carlton on Central Park South and the Ritz Carlton in Battery Park City is just one more reason to herald the city's hotel market.
WASHINGTON, DC-Public comment between September and November 1999 lead to the Jan. 12, 2001 HUD withdrawal on of a proposed rule on sources of homeowner down payment.
CHARLOTTE-The number of hotel rooms in the Queen City is at a record 26,500 or 10% above the 1999 count, and growing larger. More than 4,500 new rooms are in the construction and permitting phase and another 1,200 rooms are on the drawing boards.
AURORA,IL-The opening of a 116,000-sf Home Depot store here Thursday is the first building to open in the Orchard Road Corridor. Also coming is the city's second Meijer food store, a Hampton Inn & Suites and Marriott Courtyard.