| 'Madison on 16' infrastructure to give area 'iMenity'
Julie Gunn grew up in the neighborhood. Steve Freidkin has owned Texaz Grill, a restaurant famous for its chicken-fried steak, for more than two decades. And John Koller runs the hardware store his grandfather bought in the 1950s. It's not like their neighbors to the north at Glendale Avenue, where there's a buzz of activity. It's different here along North 16th Street at Bethany Home Road. They are surrounded by independent businesses, more mom-and-pop places like their own, except for the Starbucks and the Chevron station. .
Airport-Area Industrial Sites Part of $56.6 Million Deal
Eighteen distribution buildings near Memphis International Airport have sold for more than $42 million as part of a 20-site, $56.6 million portfolio buyout.
Oak Brook, Ill.-based Inland Real Estate Acquisitions Inc., on behalf of Inland American Real Estate Trust, bought the properties last week from ProLogis, a Denver-based developer, owner and manager of distribution facilities.
The 2.3 million-square-foot portfolio also includes two distribution centers in Chattanooga.
The Memphis sites total more than 1.7 million square feet in the Airport, Delp and Southwide distribution centers. They were built between 1967 and 1985.
As of April 1, 14 of the buildings were 100 percent occupied, one was vacant and the others were 77, 83 and 90 percent occupied, respectively, according to a filing with the U.S.
Malls try teen curfews to draw shoppers
RICHMOND HEIGHTS, Mo. - Chaz Brewer visits the upscale St. Louis Galleria mall about once a week, checking out clothing stores like Aeropostale and American Eagle and hanging out in the food court. Brewer, 16, doesnt plan on cruising the mall on a Friday night with his Mom. Teenagers across the nation are facing similar dilemmas. Malls looking to restore what they call a family-friendly environment are putting policies into place requiring that younger teens have adult supervision during certain hours, almost always on the weekend. At least 40 malls out of 1,100 in the United States have put teen curfew and escort policies into effect. The majority of those policies have started since 2004, according to data collected by the International Council of Shopping Centers, a New York-based shopping center trade organization.
Gaston renovates strip mall for offices
After several months of work, Gaston County has turned a former downtown Gastonia shopping center into government offices through a $3.9 million renovation. Once known as York Chester Square, the roughly 70,000-square-foot building at 410 W. Franklin Blvd. now houses N.C. Probation/Parole offices, the Gaston Mediation Center, county elections offices and the county's Alternative Community Penalties program. The agencies moved from their old locations this month. Renovations at York Chester Square started after Gaston County commissioners approved a bid last spring. The project was the second phase of renovations at York Chester Square. In 2004, Gaston County police moved from Remount Road into the former Curtain, Bed & Bath Outlet building at the center.
Washingtonpost.Newsweek Interactive Launches Sprig.com
WASHINGTON, April 23 /PRNewswire/ -- Washingtonpost.Newsweek Interactive (WPNI), a leading publisher of award-winning news and information Web sites and a subsidiary of The Washington Post Company (NYSE: WPO) , today announced the launch of Sprig (http://www.sprig.com/), the company's new property for the sophisticated and stylish woman who also aims to integrate environmentally- friendly choices into her life. As green moves into the mainstream, Sprig caters to a consumer who wants to combine demanding taste-in fashion, beauty, home, food and lifestyle-with first-rate products and services that are LESS demanding on the environment. Sprig's original content and fresh and convenient ideas enable readers who want the best for themselves and their families to easily make choices that are beautiful, stylish and eco-friendly.
Study planned for Boston Road project
SPRINGFIELD - City officials are hoping that with state assistance they can put an end to the rattling ride on upper Boston Road. The city anticipates hiring a firm within the next two weeks for an in-depth study of Boston Road between Pasco Road and the Wilbraham town line, a necessary step before seeking state funds for road reconstruction there. The road is lined by shopping centers including the Eastfield Mall. State Sen. Gale D. Candaras, D-Wilbraham, pledged her support yesterday while meeting on Boston Road with Mayor Charles V. Ryan, Public Works Director Allan R. Chwalek and representatives of the Boston Road Business Association. "This Boston Road corridor is an important commercial corridor for Springfield and for the entire district," Candaras said.
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