SAN JOSE-Silicon Valley ranks sixth according to a new study by CB Richard Ellis Services Inc. Three other American markets are in the top 20: San Francisco is ninth, Midtown Manhattan shows up 10th and Boston lands the 15th spot.
SAN JOSE-Facing a downtown parking shortage and new development that will exacerbate the situation, the San Jose City Council unanimously approved a 775-space garage anchored by retail space and topped with a banquet facility.
VANCOUVER, WA-The fees are charged to offset the infrastructure costs associated with the traffic generated by new strip malls, fast-food restaurants and bank branches. Staffers want more time to make sure the proposed increases don't scare anybody away.
PORTLAND-In addition to the Fox Tower Downtown, Mark New and Steve Neville will have several well-located raw land parcels to fill up, including an eight-acre parcel on Mill Plain Boulevard in Vancouver and six acres in Salem visible from Interstate 5.
SAN FRANCISCO-The clothing manufacturer gains development rights to a 3.79-acre bayfront parcel it is marketing for sale. The property has room for 450,000 sf of leasable space and is zoned for commercial, retail or industrial under the city's Mission Bay Rdevelopment Plan.
PORTLAND-The site is located at SE Foster Road and SE 90th Street. Demolition of existing structures is expected to begin in April. Construction is slated to begin this summer. Completion is scheduled for spring 2002.
LONGVIEW, WA-The Army Corps of Engineers issued this city a permit to triple the size of its Mint Farm Industrial Park to 365 acres, and negotiations are already underway for a 100-acre tenant.
SUNNYVALE, CA-Adding to a host of well-heeled hospitality-oriented clients, the provider of online business locater services lands Europe's Accor Group, owner of 3,400 hotels representing 16 brands in 90 countries.
SAN JOSE-Avalon at Cahill Park will consist of seven, two and four-story buildings, including one building with approximately 7,000 sf of ground-floor retail space. The development will bring 218 additional apartment homes to the heart of the city.
GRESHAM, OR-Instead of clear-cutting, Bellevue, WA-based American Property Management will retain about 13% of the 400 mature trees standing on a 12.5-acre site here on which it plans a 263-unit apartment complex. The developer also will add 100 new trees.