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November 19, 2009
Forest City in the News
The first two news items underscore the deep ties between Forest City Enterprises and local governments: the development company is about the hit the jackpot in Vegas, but common sense regains consciousness in Texas.
Las Vegas Sun, New city hall bonds have given project stimulating effect
Federal stimulus funds are slated to bail out a major Forest City Enterprises project in Las Vegas.
The Star-Telegram, Too many loose ends doom deal to put school auditorium at shopping center
The Mansfield, TX, Board of Ed rejected the city's plan to build an auditorium as part of a Forest City Enterprises mall project, choosing instead to build it next to a local vocational school.
The 5-1 vote, which came shortly before midnight, ended two months of closed-door discussions on a deal give the 5,500-seat center a more prominent site — at The Shops at Broad Street, a 1.2 million-square-foot retail complex planned for U.S. 287 and East Broad.
...
City officials and the developer, Forest City, hoped the auditorium would help jump-start The Shops’ planning and development, which stalled during the recession.
CoStar Group, Forest City Promotes Ratner to President of Forest City West
Brian Jones, chairman of west coast development for Cleveland-based developer, Forest City Enterprises, is retiring from the company. In his place, Kevin Ratner, Forest City's current president of residential west, has been named as president of Forest City West.
Posted by lumi at November 19, 2009 5:58 AM