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ATLANTA-The university envisions the near-future construction of another 2,000 beds within a mile radius of the campus. A construction start on the 370 beds hinges on the completion of a bond issue by the University Financing Foundation, the project's owner.
DENVER-Developers already are expressing keen interest in a 50-acre industrial site owned by Gates Rubber Co. Gates hopes to find a buyer willing to do a leaseback of up to 400,000 sf of the 2.3 million sf of industrial buildings.
ORLANDO-James T. Stanley, senior vice president of operations at Planet Hollywood International Inc., is shooting for a second outlet in either New York or Los Angeles next year. Restaurants in other National Basketball Association cities are also on the drawing boards.
AUSTIN-The state capital has more than one reason to celebrate these days. In a give-and-take deal, city council has given its blessing and $25 million in incentives to Vignette to construct its world headquarters downtown. Vignette too has some giving to do.
TYSONS CORNER, VA-In a joint venture, Chicago-based Walton Street Capital and Atlantic Realty of Tysons Corner, the 440,000 sf Tycon Courthouse Buildings was purchased for an undisclosed amount. The courthouse is fully tenanted.
HOUSTON-CMC Realty Group of Houston is teaming with Dallas-based Today Realty Advisors on a 150,000-sf tech center in The Woodlands. The state-of-the-art project, bearing a June 2001 completion, is tailored to data and call centers.
LIVERMORE, CA-Calpine Corp. is proposing a natural gas plant near here that would supply electricity to more than one million homes in the East Bay and San Joaquin County. The company's proposal to build in San Jose was shot down last month.
IRVINE, CA- Richard G. Sim and two other executives are promoted by company chairman Donald Bren. The reorganized company will have a commercial side and a residential side.