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September 10, 2007

Forest City in the News

ForestCityJazzBand.jpg DBusinessNews.com, Forest City's First-Half Earnings Conference Call

FIRST-HALF FINANCIALS RELEASED TODAY:

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.

CONFERENCE CALL TOMORROW:

The conference call is scheduled for 2:00 P.M. ET, Tuesday September 11, 2007.

Denver Post, College lab's training fits well with state bioscience jobs
A story about a new biotech lab at Community College of Aurora anticipates opportunities in the field at a new biotech park to be built by Forest City Enterprises:

Already Colorado is home to 380 bioscience companies, eight federally funded research labs, and a total of 21,000 bioscience jobs. Those numbers are expected to grow over the next 30 years, as Forest City Enterprises has signed on to build a $2 billion science park, expected to have 6.5 million square feet of lab and office space with the potential to attract 10,000 jobs.

NoLandGrab: We can't judge if these jobs figures are for real, though it seems that 10K is the magic jobs-figure for any large development project. However, it seems that the potential economic benefit of a biotech park is greater than that of an arena.

Already Colorado is home to 380 bioscience companies, eight federally funded research labs, and a total of 21,000 bioscience jobs. Those numbers are expected to grow over the next 30 years, as Forest City Enterprises has signed on to build a $2 billion science park, expected to have 6.5 million square feet of lab and office space with the potential to attract 10,000 jobs.

Posted by lumi at September 10, 2007 8:38 AM