ORLANDO-The 39-square-mile, self-governed entity where Walt Disney World's 21,000 hotel rooms are located, has received a revised stable outlook from Standard & Poor's Corp. which previously had a negative stamp on the $65 million issuance of utility revenue bonds.
ORLANDO-Small Bay Partners LLC plans to break ground this month on the second 58,840-sf phase of Monroe CommerCenter South in Sanford, FL, where strong tenant demand has brought the first 57,340-sf phase to 80% occupancy.
ORLANDO-In the latest proposition to reopen the 67-year-old outdoor attraction, developer David Siegel goes directly to the park's owners in an effort to get the deal done immediately. He would re-sell the property to the state, say the developer's aides.
ATLANTA-The 45,000-sf, $7.5-million specialty retail center is being developed at 3170 Peachtree Industrial Blvd. in suburban Duluth, GA by Workco Development, an arm of 28-year-old, locally based Workman & Co.
CLEARWATER, FL-Asset Development Group of Jupiter, FL pays Chicago-based Laramar Group LLC $37,061 per unit or $39.06 per sf for the 456-unit, 432,640-sf property at 2690 Drew St. in densely populated Pinellas County.
ATLANTA-Five hundred yards from the planned $200 million Georgia Aquarium downtown, the 76-year-old, 12-story, 90,000-sf Medical Arts Building could surface in 2005 as an apartment, condominium or hotel property.
ATLANTA-The suburban Atlanta county receives high marks for managing its swift population increases as it prepares to invest proceeds from a $15.5 million bond issue to buy land and build a new Juvenile Justice Center.
SANFORD, FL-The developer plans to break ground in September on an estimated $36 million enterprise that will include a 62,660-sf conference center; and two six-story buildings with retail and other commercial space.
ATLANTA-Even before the first shovels were turned, the planned 578-unit Residences at Atlantic Station had a waiting list from tenants and buyers for apartments and condominiums scheduled to open in spring 2004. The venture is one of Atlanta's largest.
TAMPA, FL-Triple Net Properties LLC of Santa Ana, CA pays $51.12 per sf for NNN Netp@rk LLC, a two-story, 919,405-sf office and technology center. Cohen Financial arranged the financing through Fleet National Bank.