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FT. WORTH-A curve ball has been tossed on the same day that a tenant in the tornado-damaged Bank One Tower goes to court for an injunction hearing to stave an eviction and building demolition. A new buyer surfaces and the wrecking ball's been ordered.
AUSTIN-Legerity, based in the state capital, is making a move to expand internationally, setting the stage with yesterday's opening of a new advanced design center in Ottawa. The region is considered the Silicon Valley of Canada for semiconductor design, says Legerity's CEO.
CHICAGO-If Hyatt Corp. had to do it all over again, local opposition and city approvals might prove to be barriers to build its luxury Park Hyatt, says John Lyons, head of development for the Hyatt Corp.
AUSTIN-McShane Corp. has snagged its first tenant for the 52-acre, 650,000-sf Tuscany Center at Walnut Creek and more prospects are negotiating with the brokers. Three Way's finish out is in the works as crews push ahead on the remaining 130,000 sf in the project's first phase.
NEW YORK CITY-Allen & Overy, is taking three floors at 1221 Sixth Ave. for 15 years. It will move into the space over the next two year as it starts to become available toward the end of 2001.
ST. LOUIS-GMAC Commercial Mortgage provides a $25-million interim loan for the owners of the 500,000-sf Marketplace Shopping Center. Closing was within six weeks, which allowed the owner to avoid payoff deadlines and late fees.
ORLANDO-The land housing the 54,000-sf Mystery Fun House, an International Drive tourist corridor attraction for 25 years, is expected to go for about $1 million per acre or $22.96 per sf, local brokers tell GlobeSt.com.
BOSTON-A panel appointed to review the convention center project here in South Boston in the wake of potentially huge cost overruns will recommend hiring James Rooney as CEO to oversee the project.
KANSAS CITY-Terry Campbell joins HNTB Corp. as the chief financial officer and senior vice president in charge of accounting, corporate financing, tax, internal audit, cash management and investment, treasury and bank relationships.