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NEW YORK CITY-The signage is designed to underscore the importance to the city of the fashion industry, which is being displaced by an influx of dot-com and financial firms.
WESTBOROUGH, MA-A residential development has been scaled back after negotiations between the town and AvalonBay Communities Inc. Community leaders and residents were concerned about the potential impact of the facility on the local environment and quality of life.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment, according to published reports. If they achieve that, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country, say industry sources.
KIRKLAND, WA-Locally-based MJR Development is planning the 52,000-sf office building with underground parking for two acres adjacent Interstate 405 on 116th N.E. The company hopes to break ground next February and be done before the end of the year.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment, according to published reports. If they achieve that, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country, say industry sources.
PORTLAND-The last boundary expansion was in 1998, when Metro brought in about 3,700 acres. At the time, the council said an equal amount of land would likely be brought in the following year. That decision was later delayed until this year, and now the opposite decision has been made.
KIRKLAND, WA-The two-story, 59,000-sf office building being constructed by Seattle Developer Mike Mastro got underway in September and is scheduled for completion in May 2001. The $15.5 million building will have annual rents ranging from $27/sf to $33/sf, including expenses.
HOUSTON-The ACR Group, a wholesaler of HVAC and refrigerator equipment, has selected Transwestern's Westchase III for its new office. The business is taking 5,978 sf in the eight-building business complex.