1 min read
Posted on 05.09.05
  • 1 min read
  • Posted on 05.09.05

I pulled these updates out of a (very) long note from Barb Geisman:

Multimodal Center: The bids for the terminal are in and under budget. A few details remain to be worked out with railroad authorities. The terminal should be under construction soon.

Old City Hospital: More than 50 percent of the units are pre-sold.

Pinnacle: The developer is designing the facility. The Four Seasons chain has committed to flag the new hotel. The project will be under construction by the end of year.

Hampton and Chippewa: The new Walgreen’s opened yesterday. The new Target is under construction and scheduled to open right after Thanksgiving (just in time for the Christmas season).

Gaslight Square: Phase I condominiums are under construction. Much of Phase I has been sold. Phase II is already well underway, with new town homes also under construction.

Cloisters: The first units are already occupied. There will be a dedication celebration later this month.

Old Army Ammunitions Plant: Home Depot is in the process of committing to site. When they have, the site will be transferred to the SLDC, which will, in turn, transfer it to Koman Properties. Koman should begin construction early in the Fall.