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HOUSTON-The Greenwood Corp., a prominent Houston residential developer, is gearing up for a 300-unit condominium project in the city's northwest corridor. The 800,000-sf project's backyard will overlook Raveneaux Country Club.
CHARLOTTE-If you live anywhere on the outskirts of Charlotte, there's a good chance you'll one day become a city resident as the city continues to annex properties.
ORLANDO-GC Cos. of Chestnut Hill, MA, parent of General Cinema Theaters Inc., is shuttering four local properties today with a total 28 screens after apparently failing to find a buyer for the financially-strapped assets. The other theaters are in Boca Raton, Coral Gables, Plantation and Palm Beach Gardens.
SAN ANTONIO-An affiliate of Troy, MI-based Hayman Co. has arranged financing for three San Antonio apartment properties, sealing mortgages totaling about $16.5 million. The transactions take the company over the $100-million mark for this year.
OCEANSIDE, CA-The planning commission approves site plans for a $1 billion project by a company that will become the city's largest private employer. The long-range plan calls for 14 office and industrial structures on a 60-acre site.
DENVER-Vail Resorts Inc.'s earnings for the fourth quarter, and its fiscal year ending July 31, were as slick as its well-groomed slopes at Vail, Breckenridge, Keystone and Beaver Creek. Net income jumps 20% over 1999 figures.
HICKORY, NC-Site preparation has begun on CommScope Inc.'s new 80,000-sf headquarters here, about 50 miles northwest of Charlotte. The fiber-optic company's total manufacturing and distribution space is more than one million sf.