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October 1, 2009
Forest City in the News
CoStar Group, Village at Gulfstream Park Sets Grand Opening Date
Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) has set the grand opening date for The Village at Gulfstream Park on February 11, 2010. The 490,000-square-foot (includes 80,000 sq. ft. of office space), high-end retail and entertainment destination is currently under construction on US1, just east of I-95 in Hallandale Beach, FL. According to its website, this is the first phase of the development -- it is planned to eventually be 1 million square feet, including 1,500 residences.
The Eagle Tribune, Gov. Patrick touts Haverhill's revival during visit
Massachusett Governor Deval Patrick made an appearance at yesterday's opening ceremony for a Forest City project:
The governor's visit included the official ribbon-cutting for the Hamel Mill Lofts.
Forest City Residential Group invested $80 million to rehabilitate four buildings that housed the Hamel Leather Co. until 1974.
The state assisted the project by providing $1,447,599 in low-income housing tax credits.
"This was about partnership," Patrick said.
NoLandGrab: "Partnership" is code word for massive public subsidy.
Posted by lumi at October 1, 2009 6:45 AM