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ATLANTA-The Sembler Co. of St. Petersburg, FL is lining up national big-box tenants for McDonough Towne Center, a 650,000-sf project with an estimated $52 million construction cost. Home Depot has already bought one of nine outparcels and broken ground on a home improvement store.
PORTLAND-The downtown developer and the former governor are significantly closer to accomplishing what most thought was impossible - park blocks running the entire length of downtown Portland.
BLACK HAWK, CO-The Black Hawk Casino is part of the stakes in a $149-million buy by Majestic Star Casino, based in Gary, IN. Also part of the pot are casinos in Las Vegas and Tunica, MS. Black Hawk's operation has 586 slot machines and six tables
PHOENIX-After losing a contentious battle to win two seats on Del Webb Corp.'s board, an investor that owns 5.5% of the residential developer's stock has sold a fifth of its holdings.
WATERTOWN, MA-LavaStorm, an Internet solutions company, has signed a 79,471 sf sublease of Building 311 at the Arsenal on the Charles here. The firm is relocating from its 31,000-sf HQ at 160 Lincoln St.
CHARLOTTE-The low-profile incubator in the University of North Carolina's Charlotte Research Park is going after venture capital for the first time. More than 90 businesses have graduated from the 14-year-old campus with 60 still existing.
SEATTLE, WA-The expanding Washington State Convention and Trade Center says it has missed out on major convention business due to a lack of nearby hotel rooms, but soon they'll no longer have that problem.
WASHINGTON, DC-According to the National Association of Realtors, though home sales will be down this year and should decline next year as well, overall, indicators show a soft landing is in store for the 2001.
HOUSTON-St. Luke's Episcopal Health System is gearing up for a February ground-breaking on a 24-acre tract in the Woodlands. The 263,000-sf project calls for an 82-bed facility and a consortium of health-care services.