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ATLANTA-Construction begins November 1 on developer Childress Klein's Galleria 600, an 18-story, 432,000-sf, $80 million spec tower in the Galleria complex at Interstate 285 and Cobb Parkway. Completion is scheduled for second quarter 2002.
OAKLAND, CA-The Port was previously in exclusive negotiations a partnership between LCOR and WDG, but the two sides were unable to agree on a deal, and now Hal Ellis is re-emerging as a prospect for the $200 million development project.
WHITE PLAINS-The recently formed moving services web site Monstermoving.com has signed a lease for approximately 45,000 sf, but there is an issue that could put some of that space back on the market.
EXCELSIOR SPRINGS, MO-The 112-year-old Elms Resort & Spa has undergone a $16-million renovation and now two nearby, vacant hotels are being marketed as possible mixed-use redevelopment plays.
SAN DIEGO-A $260-million project that could stimulate commerce on both sides of the border gets Planning Commission approval. Construction on the project is slated to begin in early 2001 and open by next fall.
ORLANDO-The Florida Department of Transportation has to make a Solomon-like decision in December on the route of a 200-mile fast train linking Port Canaveral, FL, Orlando and the Tampa-St. Petersburg market.
AUSTIN-The single-family housing market is so tight that Los Angeles-based Kaufman & Broad Home Corp. now has a 12-community development pipeline going in Austin. A local spokesman says the undertakings could very well net the homebuilder a top award by the housing market.
LOS ANGELES-Planners give unanimous blessing to Hileman Co.'s conversion and expansion of aformer Teledyne plant, clearing the way for work to begin as early as next month.
ORLANDO-The neotraditionally-designed community is set to launch a $15-million construction program that will include a 100,000-sf town center, 70 apartments, 78 luxury townhomes, a community center and a new Lutheran Church.
LYNDHURST, NJ-A Florida-based developer is eyeing the Garden State with the intention of turning former landfills into a golfer's paradise. Brownfields reclamation is a part of the firm's business model.