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Songdo IBD to Unveil First Phase
South Korea’s $35 billion Songdo International Business District will open its first phase this week.
Green Mixed-Use Project in Hawaii Moves Forward
Architecture firm Stoutenborough Inc. has signed been selected by theKrausz Cos. of San Francisco to handle the design of a320,000-square-foot sustainable, mixed-use community on the island ofMaui, Hawaii.
Economic Update - Economy Ekes Out One More Green Shoot
Those economic green shoots, so eagerly awaited this spring, got a blast of frost here in mid-summer when jobs numbers came in weaker than expected for June late last week. Yet on Monday, the Institute for Supply Management’s index of non-manufacturing businesses, which gauges the pulse of about 90 percent of the economy, improved for the third straight month.
Houston Mixed-Use Opens Amid Uncertain Economy
While Texas struggled later and possibly not as much as the rest of the country when the bottom fell out late last year, Houston’s office market continued to thrive until just recently with rising vacancies and more projects under construction. Recent delivery of projects like Citycentre’s mammoth 425,000 square feet of mixed use space right now might not be ideal timing, but developer Midway Cos. hopes to weather the difficult market.
Omega Takes Majority Stake in Developer of 440-Acre Fresno Project
Omega Commercial Finance Corp. has signed a definitive agreement to acquire a majority interest in EcoCalifornia L.L.C., a firm currently in the process of developing a golf resort and housing project in the Fresno, Calif., area.
$325M Florida Mixed-Use Gets OK
CDS International Holdings Inc. has received approvals for its Atlantic Plaza II, a planned $325 million mixed-use community that will transform two city blocks in Delray Beach, Fla.
Despite Economy, Leasing Continues Apace at AllianceTexas
With Texas' business climate not quite as dire as in other parts of the country, Fort Worth’s AllianceTexas development hit almost record levels of leasing in the first three months of 2009 with more than 1.2 million square feet.
 

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The commercial real estate industry depends upon partnerships between commercial and residential mixed-use real estate players to be successful. CPN reports on property types such as shopping center investments and how they are affected in the current commercial real estate climate. For the best in retail sector news, read Commercial Property News.