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FT. WORTH-An Albuquerque-based high-tech firm has snagged the IT contract for Hillwood's planned 2,500-acre Heritage development. Smart Systems'suite will include a full-automation menu for homeowners and an Intranet link to Alliance companies and school systems.
HOUSTON-A recent survey tells investors to place their bets on the downtown instead of outlying areas and power centers. Houston ranks 17 out of 18 metro areas in the survey by PricewaterhouseCoopers and Lend Lease.
DENVER-Bedford Property is beefing up its Denver portfolio, buying three buildings for about $21.5 million from Prime West. The property is close to Bedford's under-construction 206,000-sf Waterpark@Briarwood project.
BELLEVUE, WA-The five-acre parcel at Northeast 8th Street and 112th Avenue is one Bellevue's most prominent downtown locations, and for it Schnitzer Northwest is planning a 1.5-million-sf hotel and office development.
HOUSTON-The Woodlands is going for the brass ring, implementing a house-buying incentive program to set an all-time sales record for this year. For more than a decade, The Woodlands is the leader of the pack for new home sales.
WESTMINSTER, CO-Prime West's $14-million office project has suddenly shifted gears, going from a spec development to a build-to-suit. Voyant Technologies has signed a five-year lease for an 85,000 sf structure.
BOSTON-Local developers eye a junkyard in South Boston for potential office space. Plans for the six-acre property, near a T (MBTA) stop, would include three office buildings totaling 600,000 sf of space.
AUSTIN-It's still not a done deal, but Vignette is promising more details will be available Tuesday on a proposed world headquarters in the state capital. Two 25- to 30-story structures and a parking garage are being eyed for the Central Business District.
SECAUCUS, NJ-Corporate Express Office Products will build 339,000-sf W/D facility on last developable site within the 750-acre tract the Stern family bought back in 1966. Development of land here began more than 30 years ago.
SAN FRANCISCO-The city plans to put $2.5 million to set up a capital fund to help all nonprofits, and another $500,000 to help create an emergency rent fund to aid nonprofit services.