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ST. PAUL, MN-The council will ask for $230 million in affordable housing funds from Minnesota legislature. A housing ask force says if the affordable housing shortage is not addressed, the region's economy and quality of life will suffer.
ORLANDO-The suburban Maitland, FL-based firm will handle sales, leasing and management of the Springview mixed-use park, adjacent to the Springview residential neighborhood in DeBary, FL, 40 miles north of Downtown Orlando.
AUSTIN-CLB Partners Ltd. is sizing up July 2001 to break ground on an 82-unit loft project along Shoal Creek. There are still some unknowns about the project, but one thing's for sure--each unit comes with a view of Town Lake, Downtown or the Capitol.
WASHINGTON, DC-RFS Hotels Investors, a hotel REIT, is moving operational management of 50 hotels from Hilton Hotels Corp. to the newly-formed Flagstone Hospitality Management, an alliance between MeriStar and RFS.
LONGVIEW, WA-If approved, it will be one of two new power plants in the city. In October, Spokane-based Avista and Steag of Germany announced joint plans to develop a similar facility in the Mint Farm Industrial Park in Longview.
AUSTIN-US OnLine has added another apartment complex to its growing portfolio. The company has been contracted as a service provider for the 583-unit Stonegate Villas Apartments in southwest Ft. Worth.
WESTBOROUGH, MA-In anticipation of future development, EMC Corp., the information storage company, placed 190 acres under agreement here and plans to buy an additional 100 acres pending approval of a zoning change.
WASHINGTON, DC-The retail-only real estate services provider has negotiated lease deals totaling more than 50,000 sf and sold a 15-acre mall in Kentucky alone. The DC-based company has completed almost 3,000 transactions in 2000.
KANSAS CITY, NORTH, MO-Michlein Aircraft Tire Corp. has leased 88,800 sf in Hunt Midwest's enormous underground warehouse cavern to store tires. Subtropolis is the world's largest underground business complex.