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DETROIT-Though property pollution is rampant in Michigan, reuse of former contaminated property is rising to more than $4 billion of investment per year, says the Michigan Department of Environmental Quality.
SAN FRANCISCO-The Presidio Trust is relying on investors to help rehabilitate the Presidio's Montgomery Street barracks, but the estimated renovation costs coupled with the current economy, has kept interest light.
CHICAGO-The 325 units at 2520 N. Lakeview Ave. will start at $1.4 million, setting a new high-water mark for the Lincoln Park condominium market when sales are expected to begin in 2006. The property has been under contract for more than a year.
LONDON-The London Borough of Tower Hamlets has cleared the way for the final phase of the redevelopment of the Spitalfields Market site on the eastern fringe of the City of London, when it resolved to grant planning permission for the 800,000-sf Bishops Square scheme.
MIAMI-WestCity Properties hopes to get city approval this month to build Palmetto Park, consisting of 200 apartment units, 110,000 sf of office space and 7,500 sf of retail space on 9.44 acres.
PHILADELPHIA-A coordinated design will marry the three structures that make up the Columbus, OH university's William Oxley Thompson Library. It encompasses total restoration of the original 1913 building and upgrading of the less distinctive additions built in 1951 and 1977.
ORLANDO-Groveland officials await a mid-October clash with environmentalists and local activists who oppose local growth plans. The municipality hopes to double the population and create more commercial, retail and residential space in the historically rustic area 25 miles west of Orlando.
IRVING, TX-EFG Cos. and CMD Realty sign one of the largest office leases this year for the Las Colinas submarket. It's a lateral submarket move, but the 122 W. Carpenter Freeway team out-talked three others for the seven-year corporate pledge.
DENVER-Pinnacol Assurance, Colorado's leading provider of workers' compensation insurance, has moved to its new headquarters at the former Lowry Air Force Base.