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DALLAS-Gables Residential, based in Atlanta, breaks ground on its fourth Uptown Dallas project just as another of its high-end projects nears delivery. Gables Ellis Street, ticketed for a summer 2002 delivery, will have 157 townhomes and 88 apartments.
RICHMOND, VA-The office properties are the 700,000-sf Koger Center West End in Richmond, VA; the 250,000-sf Koger Center at the Crossroads in Raleigh, NC; the 233,000-sf Koger Center Norfolk in Norfolk, VA; and the 30-building, 1.5 million-sf Koger Center in Miami.
TAMPA, FL-The leading developer of carrier-class, high-speed computer network solutions used in high-rise office buildings has 33 million shares outstanding on the Nasdaq.
UMATILLA, FL-Golden Gem Growers, a 54-year-old grower-owned cooperative orange juice-packaging business, couldn't get the Orlando office of Atlanta-based SunTrust Bank to extend terms on a $20 million loan. Umatilla is 35 miles northwest of Downtown Orlando.
BLOOMFIELD HILLS, MI-The $200-million airport shopping mall will feature almost 200 stores, more than half new to the Tampa market, in 1.26 million sf. It is the third mega-mall opened this year by Taubman Centers Inc.
LAS COLINAS, TX-Dirt's flying on a two-acre buy in Las Colinas, where Orlando-based Darden Restaurants will launch its second North Texas Bahama Breeze. Scouts are out for a third Dallas-Ft. Worth location and other hotspots in the state's major markets.
TAMPA, FL-The national office and residential furniture/appliance manufacturer is leasing new quarters with an estimated $1 million lease at the 955,000-sf, 95%-occupied Tampa Distribution Center, owned by Metropolitan Life Insurance Co. in East Tampa, 80 miles west of Downtown Orlando.<p>
MIAMI-Cushman & Wakefield of Florida Inc. recruits Jerry Baird, who has handled more than $2 billion in multifamily property sales over the past 10 years, to manage the newly expanded South Florida operations.
ROUND ROCK, TX-Austin-based DPT Inc. has optioned 104,000 sf at Opus South's Crystal Park, but the follow through hinges on Round Rock issuing a $600 cash incentive for every job created in excess of 200 positions. The firm already has a 190 head count.
ATLANTA-The Tampa, FL-based office developer tells the Fulton County community zoning board the planned 11-story, 285,000-sf structure is needed by locally based Cingular Wireless for its continued expansion program.