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NORTH BERGEN, NJ-Retail will dominate the project, with site acquisition expected to begin within the next year and completion slated for mid-2003. Tax benefit to this township could reach the $800,000 mark.
ROCK HILL, SC-The city and the Rock Hill Economic Development Corp. are jointly funding a $150,000 study to determine the best use for the individual 125,000-sf structures. A light-rail commuter station or a condominium community are possible conversion candidates. Rock Hill is 10 miles south of Downtown Charlotte.
REDMOND, WA-Following more than 17 years of haranguing and flip-flops by government entities, Quadrant has finally won its battles to restore "urban" status to both of its master-planned communities here, Blakely Ridge and Redmond Ridge.
ORLANDO-The local cardiologist is suing a mysterious Canadian husband-wife developer team for the $240,000 he lost in land purchases and home construction investment seven years ago. The lenders foreclosed on properties the doctor thought he owned.
KANSAS CITY, KS-Midwest Grain Products, the only bidder, pays $6.5 million for the 80,000-sf plant and 13-acre site. Ralston Purina Co. and Hills Co., were present at the auction but did not make bids.
NEW YORK CITY-The plan to build a new facility for the New York Stock Exchange was first announced two years ago by the city. Now, one of the critical pieces of the project has been accomplished, but the dislocated residents may not be so happy.
WOODRIDGE-The company's newest facility is a 238,060-sf facility at 2600 Internationale Parkway in this southwest suburb. The company with operations in 1.8 million sf in five other suburbs.
ATLANTA-In an effort to revitalize communities and bring jobs to the state's agricultural areas of South Georgia, the Georgia Legislature has issued the first wave of grants in a 25-year, $1.6 billion program.
MORRIS TWP., NJ-JGT arranges the deal for property owner MetLife. The new tenant will occupy all of the second floor and part of the third floor of the building.