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AVON, CO-It's been three years in the making, but a developer has reached the turnkey stage on a $45-million condo, retail and office project. The development includes 100,000 sf of retail and 25,000 sf of office space.
PHOENIX-Downtown Phoenix boosters are considering three potential sites in the area to build a $335-million, 73,000-seat stadium for the Arizona Cardinals, but want to tie the stadium to a $500-million expansion of the convention center.
GRAPEVINE, TX-The 98% leased Grapevine Mills, one of the state's largest retail centers, snags permanent financing for projects completed in the past year. The properties had been privately financed, says GMAC.
CHARLOTTE, MI-The city and the State of Michigan offer the company over $1.5 million in tax abatements to build an assembly plant here, a $10 investment by the company that will create 50 jobs.
SAN JOSE, CA-Santa Clara Valley Medical Center offices, now spread out over four separate sites, will come together in the planned $94-million facility by 2005. The County Board of Supervisors will sell bonds to finance construction.
DETROIT-Wayne County offers a service to allow the public to search on-line its current land records, dating back to 1986, when the county began keeping data electronically.
DALLAS-US Restaurant Properties gets a green light from bankruptcy court to reclaim 12 California gas stations from one of its largest tenants now in Chapter 11. Dallas-based 7-11 Inc. is shelling out $10 million to buy seven of the properties.
NEW YORK CITY-According to insiders, deregulation and a good economy are two reasons that Con Edison decided to sell prime holdings on Manhattan's East Side. The company is departing the field of electric generation.