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August 5, 2008
Forest City in the News
wkyc.com, Panel: Tower City Convention Center/Medical Mart site is cheaper
CLEVELAND -- A Medical Mart and Convention Center built behind Tower City and in the old Higbee building is significantly cheaper than at the present convention center site.
That's what a panel evaluating and crunching the numbers is expected to tell Cuyahoga County Commissioners.
Forest City downsized and made over its proposal in recent weeks. The revised cost is about $460 million. The lower figure makes it the panel's recommended location.
The cost to put the project at the present Convention Center location is far in excess of $500 million, topping out at between $560 million and $610 million.
CnewsPubs.com, Tenant list grows for Shops at Wiregrass
WESLEY CHAPEL — When the Shops at Wiregrass opens Oct. 30, customers may start at The Walking Company, mosey over to Champs Sports, saunter into Bath & Body Works and stop at the Finish Line.
After having done so, customers will still have more than 40 other choice shopping or dining destinations to visit in the 800,000-square-foot lifestyle center being developed at the intersection of State Road 56 and Bruce B. Downs Boulevard (County Road 581).
Banana Republic, Williams-Sonoma, Sephora and the Children’s Place are among the newest tenants announced Tuesday, July 29 by Forest City Enterprises. Forest City Enterprises, based in Cleveland, and The Goodman Co., based in West Palm Beach, are developing the Shops at Wiregrass.
Gazette.net, Konterra project proceeds near Laurel
Konterra Town Center East, a proposed $3 billion mixed-use development just outside the Laurel city limits, is one step closer to reality after the Prince George’s County Planning Board approved its preliminary site plan last week.
The retail, office and housing development is to be built on a former gravel-mining site.
...
The Gould family, which is developing the site with Forest City Enterprises of Cleveland, has owned 2,200 acres on the eastern side of I-95 for 27 years. Caleb Gould told the Beltsville Civic Association in March that his company, Konterra Realty, has spent the past two-plus decades reclaiming the property, formerly the Contee Sand and Gravel site.
Mutual Fund Facts About Individual Stocks, Forest City Enterprises Inc (FCYA.BE) more shares bought by Bank of America Corp
Bank Of America Corp added additional 47,387 (27.43 %) shares of Forest City Enterprises Inc (FCYA.BE), bringing their current holdings to 220,131 shares as shown by filings made public on 2008-08-01.
Posted by lumi at August 5, 2008 3:13 AM