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YONKERS-The Hyatt senior residence facility in Yonkers has donated $200,000 to the Yonkers Public Schools, part of a commitment to donate a total of $1.5 million over the next 14 years to the system.
BEAUMONT, TX-A small town gets an economic boost from an Omaha-based company, which is opening a call center that will bring 1,000 jobs to the community. Work is under way on the 35,000-sf facility that is expected to open in January.
ORLANDO-Although best-known internationally for its tourist image and 100,000 hotel rooms, this city is becoming a model of regional pluralism, similar in some respects to San Jose, CA and the Route 28 region in Boston.
SAN ANTONIO-Cullen/Frost Bank is rewarding its stockholders with a nominal cash dividend from its third-quarter earnings. Net interest income is up 9% and non-interest revenue is up 12.8% for the state's largest independent bank.
CHARLOTTE-Although it has stalled planned openings in Pittsburgh, Cincinnati and Orlando, the Seattle-based retailer is expected to open its doors here as scheduled next year, along with new units in north Raleigh, NC and south Durham, NC in 2003. (Please see related story on Orlando city page.)
WASHINGTON DC-Sumitomo of New York City sells prime, local office building to IBG Greenfield Partners LLC and Greenville Partners LLC. The 12-story building sold for $32.5 million.
ROCKVILLE, MD-Criimi Mae has until March 15, 2001 to effectively complete $847 million in recapitalization financing and to reorganize under an order from Judge Duncan W. Keir of the US Bankruptcy Court for the District of Maryland.
ORLANDO-The family-operated, Seattle-based retailer won't arrive at the 1.1 million-sf Florida Mall until 2003, a year after its previously scheduled debut. The delay may hurt the south Orlando retail center as it competes with newer malls opening earlier, some analysts say. (Please see related story on Charlotte city page.)
ORLANDO-For the first time in 30 years, the Economic Development Commission of Mid-Florida Inc. is getting more money from businesses than from local governments, growing its annual budget to $4.5 million from $3.8 million.