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AUSTIN-Trammell Crow is plotting a $40-million speculative industrial park on 68 acres commonly known as the Scarbrough Tract, situated along Interstate 35 and sandwiched between two Dell Computer complexes.
SALISBURY-Dearborn, MI-based Meredian Automotive Systems Inc., a truck and auto parts manufacturer, plans to open an $18-million manufacturing plant near Salisbury, NC, about 50 miles north of Charlotte.
CHICAGO- Big development plans will soon be announced as Keystone REIT acquires land in Louisville and Cincinnati, trust executives say. The shift into big-box warehouses will pit the Pennsylvania-based office and industrial REIT against such distribution facility giants as Prologis and First Industrial.
VANCOUVER, WA-Q Prime plans to build a $10-million facility on 134 acres of county-owned fairground land north of Vancouver, deed it to the county and then lease it back for $23 million over 25 years.
NEW YORK CITY-The Economic Development Corporation's endeavors to spread the wealth throughout the boroughs are paying off as e-technology finds solutions to real estate shortage in Manhattan.
LOS ANGELES-More than half-million riders are left stranded and many businesses begin closing their doors. Union, management negotiators remain far apart.
MAIMI-It took eight months, but all the concrete for the base of the planned 63-story, 297-room Four Seasons Hotel and Tower has finally been poured. The amount of concrete used would have paved 128 miles of sidewalk.