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LOS ANGELES-Construction of new apartments and single-family homes eased 1% in November from a year ago, a new state report says, virtually assuring that starts this year will fall short of analysts' expectations.
LANCASTER COUNTY, SC-Crosland Group of Charlotte plans to break ground next year on 521 Corporate Center, a $70 million, 700,000-sf venture that expects to generate 2,500 new jobs to this manufacturing-dominant area 90 miles south of Downtown Charlotte. The park will occupy 67 acres along U.S. 521, abutting the North Carolina-South Carolina border.
ORLANDO-The four million-sf Orange County Convention Center is drawing more business travelers looking for newer inns with five star-like appeal, a commodity Orlando doesn't yet have. But 4,700 new hotel rooms in the construction pipeline may produce at least one lodge with the sought-after rating, analysts predict.
PORTLAND-The locally-based owner, operator and developer of private-pay assisted-living communities has acquired in a joint venture four properties in California, Idaho and Oregon that were previously leased from two publicly-traded real estate investment trusts.
ATLANTA-Canton, GA, 35 miles northwest of Downtown in one of metro Atlanta's fast-growing northern counties, is telling developers to discuss their projects with civic and homeowner groups first before applying for development permits.
SAN JOSE-San Jose State University is getting a head start on its $3 million training facility for student athletes thanks to a $1 million grant from the Koret Foundation - the largest ever for the university's sports programs.
ROCKVILLE,MD-Manugisitcs Group Inc. is slated to be the lead tenant for a 26-acre office park at Key West Avenue and Great Seneca Highway. The company will move into its new headquarters in Spring 2002.
BOSTON-A significant drop in business at the Hynes Convention Center here has raised concern, especially in light of the new $750-million convention center due in two years. The drop is being attributed to the shortage of hotel rooms in the area.
DENVER-Rapid growth comes with its headaches, say Douglas County business leaders and developers. The county is being ranked second nationwide for its growth prospects, but the effects are straining schools and housing.