BEAVERTON, OR-Southern California developer Dorn-Platz has tentative approval from the city council here to take control of the Round at Beaverton Central, a half-built, bankrupt downtown development project.
PORTLAND-Businesses cut some 800 workers this past month, pushing the jobless rate up two percentage points to 4.5%. The biggest cuts came from the manufacturing sector.
WILSONVILLE, OR-The winner will have approval to put up thousands of units of housing as well as office and retail space on the former Dammasch State Hospital in a semi-rural area at the west end of the city. It is one of the largest redevelopment sites in the region.
PORTLAND-Right on queue, a fourth document is out on how to finish developing the 37-acre area between this city's 24-hour downtown and its eastside office and retail center, the Lloyd District.
PORTLAND-The 25-year-old historic special assessment program freezes the assessed (taxable) value of a property for15 years as an incentive to maintain the historic nature of the structure.
PORTLAND-With the help of two New York-based investment banking firms--Castle Harlan Inc. and Bruckman, Rosser, Sherrill and Co. Inc.--the longtime duo paid $123.5 million for the McCormick & Schmick restaurant chain, which has more than doubled in size.
VANCOUVER, B.C.-Bonnis Properties Inc. specializes in the acquisition and development of commercial real estate in Vancouver's downtown and westside areas, while an affiliate focuses on multi-family development. Brothers Dino and Kerry Bonnis direct the companies.
SEATTLE-The Alaska Airlines project, to be completed in two phases by fall 2002, will add more than 100,000 sf of workspace at its existing office/hangar complex, which now encompasses about 70,000 sf.
PORT ORCHARD, WA-Local owners want to open a restaurant and mini-casino on the site of an old landmark restaurant, slipping under a timeline that would temporarily ban mini-casinos in this established area west of Puget Sound.
SAN FRANCISCO-That pretty much sums up the first quarter market report by the National Real Estate Index, one of the oldest providers of real estate data and market analyses in the country. Except for apartments, the market is flat but not flatlining.