ATLANTA-The airport's new $5.4 billion, 10-year expansion will level six centers and cut into six others in the path of a planned fifth runway. That's good news for developers who will be called upon to replace 3.4 million sf of crunched assets.
ATLANTA-Hoping to dip into the area's retail pot of gold, the 259-unit Milwaukee retailer has broken ground on the first of two planned stores tentatively scheduled to open in spring 2001.
HOUSTON-Panattoni Development has launched the second phase for a distribution center project in the city's northwest section. And, the buildings just keep getting bigger, up 100,000 sf from phase one.
NEW YORK CITY-In the fall, EdificeRex will add a commercial portal and upgrade its residential one. The site is also being upgraded for broadband Internet access.
NEEDHAM, MA-The REIT's shift from healthcare to the lodging industry is not going as smoothly as hoped, but company officials vow to press on with its plan.
ORLANDO-Housing-strapped University of Central Florida is paying College Park Communities of Pennsylvania $150 million, or about $40,000 per bed for 3,756 beds in two off-campus apartment complexes. The seller is throwing in the 80-acre land itself gratis.
ORLANDO-Access2re.com.Inc. is betting a $750,000 investment will be paying off for both the young company and the commercial real estate industry in Central Florida as well.