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PHOENIX-Quiet Cave Creek, a suburb of Phoenix, could see one-third of its commercial land taken up by a mixed-use development that would include a 250-room hotel and up to 432,000 sf of commercial space.
WASHINGTON, DC-Ocean Properties may become the new owner of the Hilton Garden Inn next year for a purchase price estimated at $48 million. The property just opened this past February.
EUSTIS, FL-The Charlotte-based utility says the site, 32 miles northwest of Downtown Orlando, is ideal because of a nearby natural-gas pipeline. But residents fear the planned 640-megawatt plant would use too much water.
BOCA RATON, FL-The 800-employee National Council of Compensation Insurance is moving into a $45-million, 300,000-sf headquarters building it designed specifically to boost productivity and morale.
SAN FRANCISCO-Port Officials want the World Trade Club, a private organization formed to promote international trade, out of its historic waterfront Ferry Building so it can commence a three-year, $70 million renovation of the century-old structure.
FEDERAL WAY, WA-Developer Opus Northwest of Bellevue, Wash., has secured an agreement to purchase the Evergreen Industrial Park in Federal Way, a 260,000-sf complex tailored to truckers featuring a refueling station, diner, truck repair shop and motel.