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AUSTIN-Conn's appliance and home electronics is eyeballing Austin to expand its operations, hoping to find sites for five more stores. The city's robust economy and per capita income have set the hook for the expansion.
TUKWILA, WA-A $3.63 million loan and a $455,000 grant will help the city buy land for the $35 million mixed-use project along an infamous stretch of Highway 99.
HOUSTON-A high-end retail center, totaling 290,000 sf, is in the works for The Woodlands, a master-planned development of Morgan Stanley Partnership and Crescent Operating Co. The project's first phase breaks ground in first quarter 2001.
ATLANTA-The Ritz-Carlton Hotel Co. is negotiating to develop a 200-room hotel with million dollar-plus condominiums on the upper floors, smack dab in the middle of Midtown. The site is Midtown Square at Peachtree and Tenth Streets, a planned 2 million-sf mixed-use project by Dewberry Capital Corp. The estimated construction cost of the hotel shell alone is $40 million.