Wednesday, October 1, 2008

Building Industry News in...

Entertainment LLC, a joint venture of the Cordish Co. (Baltimore, MD) and the International Speedway Corp., has won the bid to build and manage a new state-owned casino in northeast Kansas. The joint venture will build a $705-million Hard Rock Hotel and Casino to include a 300-room hotel, a casino with 3,000 slot machines and 140 gaming tables, 275,000-sf of retail, and meeting and convention facilities. A temporary casino will operate at the site beginning in 2009. Joe Weinberg is a principal with Cordish. Source: Globe

Empire American Holdings L.L.C. purchased 2,877-unit Empirian Village apartment community, in Greenbelt. Abe Miller represented the purchaser internally. Scott Melnick of Transwestern represented the seller. Source: CPN

CRA International Inc. renewed its lease at the John Hancock Tower in Boston. Lauren Phelan Lipscomb, Mary Ann Marino, and Andrew Hoar of CB Richard Ellis – New England (Boston) represented CRA; David Martel, Gil Dailey, Bill Anderson an Monica Cost represented Broadway Partners, the building owner. Source: CPN

Eastat Realty Capital L.L.C. of Boston is awaiting city approval for a $140M, 248,000-SF office tower in Boston’s theater district. Source: CPN

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