LOS ANGELES-The economic slowdown is finally hitting home. Fizzling dot-coms, telecoms and tech firms are creating a glut of sublet space, causing competing owners to offer concessions to land the cr&#233me de la cr&#233me of tenants.

COLORADO SPRINGS, CO-The Neenan Co., no newcomer to Colorado Springs, is prepping for a 256,000-sf project. The estimated $25-million undertaking is made possible by a recent 21-acre land buy.

SEATTLE-The Sound Transit light rail project has been under intense scrutiny since late last year when the agency said the project was $1 billion over budget and three years behind schedule.

ORLANDO-While only 10% of metro Orlando's 28 million-sf office market are wired for dot-com tenants, owners are still asking for large security deposits, advance rent and often declining to pay for improvements, CB Richard Ellis Inc. office-industrial specialist David Murphy tells GlobeSt.com.