PORTLAND-An article this week in Oregon's major daily newspaper says rumors are circulating that the 1.2-million-sf mall is being sold. The regional mall's owner, not quoted in the article, tells GlobeSt.com it's "not marketing the property.
SALEM, OR-In addition to the 30,000-sf conference center, the Salem Center project includes a privately-owned 185-room hotel and underground parking for 300. Construction is scheduled to begin in April 2003 and finish a year later.
SALEM, OR-In the first hearing regarding McCarthy's $4-million lawsuit against the state, a Marion County Circuit Court Judge orders a third party be hired to copy documents that have been locked up at the work site with McCarthy's tools and equipment since police escorted workers off the site in mid-July.
LONGVIEW, WA-Mirant Corp. stops construction on a $250-million power plant here that got underway in October and is about 34% complete. On 11 acres in the City of Longview's Mint Farm industrial Park, the 270-megawatt plant was scheduled for completion in June 2003.
PORTLAND-Having at least temporarily answered financing concerns, the Enron subsidiary completes the installation of three chillers that will provide air conditioning to the 1.7-million-sf redevelopment of the former Blitz Weinhard Brewery on the northwest edge of Downtown Portland.
PORTLAND-The amount of sublease space nationally is equal to virtually all of the new office space built and delivered over the past two years, according to a new report. In the Portland region, the amount is equal to just last year's deliveries. Add in direct vacancies, however, and Portland's got at least a four-year supply.
SEATTLE-The Bellevue-based division of The Kroger Company is seeking a master use permit to develop a 35,000-sf store topped by 26 residential units. The project, proposed on the site of an existing but vacant grocery store, is one of few mixed-use projects involving a grocery store in recent years.
PORTLAND-The national provider of assisted living services incurs a net loss of $2.3 million on revenue of $37.9 million. In the same period in 2001, the company incurred a net loss of $4.5 million on revenue of $36.5 million. The company's stock is trading on the OTCBB at around $2.90 per share.
PORTLAND-Tuck Wilson, a specialist in managing public projects including the westside light-rail line, will take over the redevelopment of Columbia Villa, a World War II-era public housing project in North Portland. He replaces Ed McNamara, who left in June to start his own development business.
PORTLAND-The amount of sublease space nationally is equal to virtually all of the new office space built and delivered over the past two years, according to a new report. In the Portland region, the amount is equal to just last year's deliveries. Add in direct vacancies, however, and Portland's got at least a four-year supply.