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August 31, 2007

Forest City in the News

dBusinessNews Cleveland, Forest City's First-Half Earnings Conference Call

TO: Interested analysts, brokers and investors
FROM: Forest City Enterprises
RE: Forest City's First-Half Earnings Conference Call
Forest City Enterprises will release its first-half 2007 financial results on Monday September 10, 2007 and will hold a conference call on Tuesday September 11, 2007 at 2:00 P.M. ET to discuss these results. You are invited to dial into the conference call with Charles A. Ratner, President and Chief Executive Officer.

The conference call is scheduled for 2:00 P.M. ET, Tuesday September 11, 2007. To participate, dial 800.591.6942 using access code 18356008, approximately five minutes before the call and tell the operator you wish to join the Forest City First-Half Earnings Conference Call. The live broadcast will also be available online at .

Pittsburgh Tribune-Review, Master developer sought for Hazelwood site

Efforts to bring a $400 million development with housing, commercial space, community amenities and greenspace to a 178-acre former LTV Corp. coke works property in Hazelwood will move forward under new direction, officials said.

A master developer is being sought to spearhead development of the prime riverfront site since Cleveland-based developer Forest City Enterprises Inc. is no longer actively involved.

"By mutual agreement with Forest City, we've decided to move in another direction," Robert Stephenson, president of the Regional Industrial Development Corp., said this week.

TampaBay.com, Hillsborough seeks Wiregrass halt

Slightly more than a month after Wiregrass Ranch won approval from Pasco officials, Hillsborough County has filed an appeal to stop the 5,000-acre development.

Hillsborough commissioners told the Florida Department of Community Affairs on Thursday that they want the developer to give $28-million to widen the segment of Bruce B. Downs Boulevard between County Line Road and Pebble Creek Boulevard.

Hillsborough is remaking the road from four to eight lanes, but its officials say Wiregrass will eat up 80 percent of that new capacity.
...
Hillsborough officials say they've tried repeatedly to ask for help from Pasco and Wiregrass developers, which include Pulte Homes, Forest City Enterprises and the Goodman Co.

Posted by lumi at August 31, 2007 7:16 AM