Development

COEUR D'ALENE, ID-Price Legacy Corp., a San Diego-based company, says it has reached an agreement to buy 25 acres in the Riverstone development for $6 million. The real estate investment trust plans to construct a 225,000-sf mixed-use facility, including a movie theater.

LOS ANGELES, CA-The market has maintained stable vacancy rates despite the weaker economy, but rent growth slowed in the second quarter and demand was lackluster, according to a quarterly study by Hendricks & Partners.

SAN JOSE-The developers Santana Row, a major residential and retail complex that lost its largest building to a fire last week, push back the grand opening from Sept. 19 to Nov. 7.

DENVER-The $12-million Clyburn Apartments will be occupied by residents 55 years old or older making less than $33,000 a year. The 100 units are the first of 4,000 multifamily units coming to the redevelopment of Stapleton International.

GRANBY, CO-A 50,000-sf to 60,000-sf King Soopers or City Market will be the next addition to this $450-million residential community boasting an 18-hole golf course, an on-mountain Alpine Club, marina and beach club.

LOS ANGELES, CA-Superior Court Judge David Yaffe decided against the Los Angeles-based real estate investment trust in its bitterly fought battle with Thomas Properties over a proposed development in El Segundo.

DETROIT-In addition to 10 restaurants opening on East Coast, the Columbus, OH-based Damon's Grill plans an equal number in the state, primarily on the eastern half, as part of its push to reach 300 stores.

BOSTON-Edward A. Fish Associates and the Asian Community Development Corp. begins construction on the Metropolitan, a 251-unit project that is being developed through a public/private partnership on a 43,860 sf parcel in Chinatown.