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MACON, GA- Georgia Power Co. owns the four-story, 63,000-sf structure and has set an asking price of $2 million to $2.5 million. The city must match the federally-funded DOT's funds with a minimum of $200,000. Macon is 85 miles southeast of Downtown Atlanta.
ORLANDO-Park Development Corp. president David Townsend plans to break ground by April 1 on the $65 million Esplanade Center of Park Place and start construction on the $100 million MetroWest Place by year end. The projects are within the 1,800-acre MetroWest community of 12,000 residents near a growing affluent west Orlando urban center and two miles from Universal Orlando's theme parks.
EWING TWP., NJ-Mercer County is prepared to buy up private homes and a number of commercial businesses to pave the way for extending the facility's capacity. Traffic has been steadily increasing at the airport.
CHICAGO-A published report has John Buck Co. building a 40-story office tower atop a platform 120 feet above ground. However, it comes days after ABN AMRO announced plans for 2.5 million sf two blocks away, and within a block of two other Wacker projects.
CHATHAM, NJ-The new partnership will follow in the footsteps of Wellsford Commercial Properties by buying under-performing properties and repositioning them as class A office buildings. Initial funding is $75 million.
KANSAS CITY-Planners here are putting this once-thriving neighborhood on the city's east side under the microscope, hoping to pump "new blood" into the area along the major north-south artery.
LOS ANGELES-An import-export company based in Vernon has signed a five-year lease valued at more than $6 million. The 307,500-sf facility will provide the firm warehouse and distribution space.