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AURORA, IL-The City Council turns on the financial green light for the first phase of the huge $450-million RiverCity convention and sports arena development. A construction contract worth as much as $100 million will be awarded sometime this winter, with ground breaking expected next summer.
NEW YORK CITY-The lodging industry continued the decline from its peak in 1998, but there was some good news from the office building and multifamily sectors.
SEATAC, WA-An eight-year battle by the Port of Seattle to build a third runway at the Seattle-Tacoma International Airport was handed another setback yesterday by the Department of Ecology.
DANIA BEACH, FL-County business development agencies in South Florida have taken over much of the effort to market the region as the InternetCoast. Originally the brainchild of tech industry volunteers, it's credited with successfully promoting the area's attractions for telecom operations.
RICHARDSON, TX-Chicago-based realty investment group, RREEF, is taking control of the 85,349-sf Woodcreek Plaza in the Telecom Corridor. The four-story structure offers space for smaller office tenants in a submarket where large-space tenants are the norm.
LOUISVILLE, CO-The owners of 1722 Boxelder St. refinance a construction loan, going for a 10-year term deal. The 91,497-sf office building is occupied by McData Corp.