Fair Oaks Mall Seeks Permission to Expand by 34%
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The owner of Fair Oaks Mall has filed plans with Fairfax County to expand by 540,000 square feet, increasing its size by about a third.
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Steven A. Silverman (D-At Large), Montgomery County Council president, yesterday introduced a proposal to require a special permit for free-standing discount stores larger than 120,000 square
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General Growth Properties Inc., a Chicago-based developer of regional shopping malls, said Friday it will buy the Rouse Co. for about &#36;7.2 billion. The deal will provide it with more leverage in negotiations with top retailers and give it some of the nation's premiere mall sites like Boston's Faneuil Hall and the Fashion Show Mall on the Las Vegas Strip.
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INDIANAPOLIS -- Simon Property Group Inc. and Farallon Capital Management LLC said Monday they are offering $24 per share in cash, or more than $1.5 billion, for mega-mall developer Mills Corp, topping a previous $1.35 billion deal from Canadian investor Brookfield Asset Management.
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By Adam Ashton, The Modesto Bee, Calif.  Feb. 12--The remnants of a bid to build a movie theater and hotel next to the Vintage Faire Mall are scheduled to surface at Tuesday's City Council meeting, but only to clear the way for a different project.
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By S. Heather Duncan, The Macon Telegraph, Ga.  Jun. 17--Developers who own the Oaky Woods Wildlife Management Area in Houston County are requiring that the state pay 24 percent more this year for the privilege of managing wildlife and public hunting on the land.
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The apparel retailer is proving that expansion is not the be-all, end-all approach to growth.
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THE Prince of Wales has said he hopes that "sense will prevail" in a row over a plan to extend a theatre and conference centre on one of the nation's most famous seafronts.
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Fannie Mae and Freddie Mac will raise by 7.8 percent the limit on the size of single-family-home mortgages they will purchase, increasing the pool of home buyers who will qualify for lower-cost financing.
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Add Atlanta to the list of potential sites for Kmart Holding Corp.&#39;s new headquarters. The Troy-based company with about 2,000 corporate employees is looking for up to 300,000 square feet of office space, Atlanta media are reporting this week.
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A PLAN to build 27 houses is to be debated by a planning committee.Bett Homes has submitted the application to Derwentside District Council to develop land at Four Winds, on Wesley Terrace, Castleside.
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The leading mall-based athletic specialty retailer focuses on a younger crowd.
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The footwear retailer looks to expand its business following a strong Q1.
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Logistics parks operators expect a hike in business from new tenants in the manufacturing industry, executives and consultants said last week.
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OWLS HEAD - The Knox County Regional Airport is seeking a federal permit to fill 7.6 acres of wetlands as part of an expansion project.
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The activist investor looks to squeeze some more value out of the retailer's shares.
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Russia Wharf, a historic redevelopment site slated for a 31-story office tower and dozens of luxury condos, is on the market and drawing fierce bidding expected to exceed $100 million, said executives briefed on the matter.