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DENVER-The metro area is holding its own in the commercial real estate arena despite a 19% drop in deals and a 22% decline in sales volume. The year 2000 still is being considered as solid by one market watcher.
HOUSTON-The US Postal Service is trying out its new store concept at the Westchase facility, opening in January 2001 after being under construction for the past couple of years. The mission is to reduce waiting time via checkout line strategy.
ASPEN, CO-Residents and environmental groups have successfully pulled the plug on a $1.5-million visitors' center planned for the base of the Maroon Bells. The US Forest Service, caving in to pressure, will take its idea to the Highlands ski area.
SAN FRANCISCO-New economy companies are not the only ones packing up and leaving this high-rent city. The sinking Internet economy also has forced incubators Campsix and E-Colony to downsize their respective offices.
TYSONS CORNER,VA-Bethesda Corner Specialty Retail Center, a 60,000-sf shopping center, is getting a $3.5-million renovation. Upscale furniture retailer Maurice Villency will anchor the center along with Parvizian Masterpieces.
PORTLAND-The 128-year-old retail institution based in Chicago said Thursday it has stopped buying new merchandise and is selling off remaining inventory en route to shutting down all 250 stores next month, of which 10 are in the Northwest.
SPOKANE, WA-The historic Mark Anthony Hotel was the tallest building between San Francisco and Portland when it was built three quarters of a century ago. After a total renovation by Mark Anthony Historic Property LLC, it is now one of the newest.
ORLANDO-Orlando NTC Partners expects to start a nine-month, $1 million infrastructure program in July on the prime 1,100-acre property in east Orlando. The developer anticipates breaking ground in mid-2002 on its planned $1 billion mixed-use development at the former Orlando Naval Training Center.
ORLANDO-Locally-based Birchwood Acres Ltd. is going with the Johnny Miller Design Group to build a championship-styled 18-hole layout at Harmony, a planned community of 4,784 residences and one million sf of commercial near Walt Disney World's 30,000-acre enclave.