Stapleton will get another office building Mar 20, 2008
Located on the site of the former Stapleton International Airport, the Stapleton mixed-use project is being developed by Forest City Enterprises Inc. (NYSE: FCE A/B) of Cleveland. At 4,700 acres, Stapleton includes residential and commercial development. (Denver Business Journal, CO)
New Communications Forum Announces Impressive Speaker Line Up Mar 19, 2008
In addition, dozens of other illustrious speakers and instructors will include leading journalists, media and communications experts and social media pioneers: Jason Alba, JibberJobber; Darren Barefoot, Capulet Communications; Doug Bardwell, Forest City Enterprises; John Bell, Ogilvy Public Relations Worldwide; Richard Binhammer, Dell; Leonard Brody, NowPublic; Raven Brooks, Netroots Nation; Jeff Catlin, Lexalytics; Christian Castle, Esq. Geno Church, Brains on Fire; Gina Cooper, Netroots... (Yahoo! Wire -- Entertainment News)
Buffett named world's richest; Helu is second Mar 7, 2008
Forest City Enterprises Inc., a Cleveland-based developer, is considering how Ann Arbor's Pfizer Inc. campus could fit into its portfolio, Business Review has confirmed. (Photo by Robert Ramey). (Kalamazoo Gazette, MI)
Nanotech struggles to grow up in the Chicago area Mar 6, 2008
Locatedin Skokie, Forest City Enterprises Inc.s Illinois Science + Technology Park is attracting new nanotech startups. Michael Rosen, senior vice president of business development for Forest City, said Chicago is a leader in nanotechnology in the U.S. and nanotech plays a very significant role in his company. (Medill Reports, IL)
Candidates: Respect downtown Mar 1, 2008
The nationally renowned developer, Forest City Enterprises, has its sights set on adding homes, stores and a park just south of the stadium and have begun the environmental study for this exciting, master-planned development. And if you haven't been downtown lately, you may not know that Kern Street is being turned into a sports-themed corridor leading to Chukchansi Park. (Fresno Bee -- Opinion)
Magna Entertainment Corp. announces results for the fourth quarter and year ended December 31, 2007 Mar 1, 2008
The Company also intends to explore selling its membership interests in the mixed-use developments at Gulfstream Park in Florida and Santa Anita Park in California that the Company is pursuing under joint venture arrangements with Forest City Enterprises, Inc. ("Forest City") and Caruso Affiliated, respectively. The Company also intends to sell Great Lakes Downs in Michigan; Thistledown in Ohio; and its interest in Portland Meadows in Oregon. (Yahoo! Wire -- Entertainment News)
Pasco mall to begin second phase Feb 27, 2008
Forest City Enterprises (NYSE: FCEA and FCEB) financed the loan with RBS Citizens NA as the lead lender and Wachovia Bank and National City Bank, according to a company statement released Feb. 25. JCPenney is already open at the 800,000-square-foot mall near the intersection of Bruce B. Downs Boulevard and State Road 56 in east Pasco County. (Tampa Bay Business Journal, FL)
Stapleton home construction, sales top list Feb 23, 2008
The former airport site is being redeveloped by Forest City Enterprises Inc. and eventually will have more than 12,000 homes and apartments. MetroStudy said an average of 34. (Denver Business Journal, CO)
City leaders query developers on Konterra impact Feb 15, 2008
Caleb Gould, whose family owns the Konterra land and is developing the property along with Cleveland-based Forest City Enterprises, assured Moe that the plans they have submitted to Prince George's County planners include road improvements in Laurel's city limits ... "We want to have a safe community, certainly," Tom Archer, a vice president for Forest City Enterprises, said. (Laurel Leader, MD)
Keeping the city on hold Feb 11, 2008
That's because the building lies within the six-block area the Fresno Redevelopment Agency intends to buy and lease to Forest City Enterprises, a massive Cleveland-based development company. The project is among 40 properties in the area that face an uncertain future. (Fresno Bee -- Local)
Station Square getting new tenants Feb 1, 2008
Alcatel-Lucent, a global communications solutions and servicing company, will move this year from other Pittsburgh area locations into 36,953 square feet of space in Commerce Court, the seven-story office building Station Square owner Forest City Enterprises acquired last February. Also, as announced last month, CardWorks, which services credit, debit and prefunded cards and other such products, will move from Smithfield Street, Downtown, into 57,511 square feet in Commerce Court. (Pittsburgh Post-Gazette, PA)
Commission sold on mall changes Jan 17, 2008
The road improvements are expected to cost about 2 million and will be paid for by the mall's parent company, Cleveland-based Forest City Enterprises Inc.. Kenneth Lee, Forest City's vice president for West Coast developments, said the road improvements are slated to begin in April and are due to be completed in September. (North County Times)
Lennar New Homes in September Fetch 60% Less in November as Slump Deepens Jan 11, 2008
The buyers were Cleveland-based Forest City Enterprises Inc. and closely held Covington Capital Corp. The price wasn't disclosed. We're very aggressive right now because the homebuilders are in survival mode,'' said Ken Sheer, chief executive officer of Santa Monica, California-based Covington. (Bloomberg)
Faces of Business 2007: Kofi Bonner, Lennar Corp. vice president Jan 1, 2008
Most inspirational person: Albert Ratner, co-chairman of Forest City Enterprises Inc.. Last place traveled: Accra, Ghana, in May. (San Francisco Chronicle -- Business)
NRA will return to city in 2011 Dec 20, 2007
Pittsburgh and Allegheny County, meanwhile, continue to negotiate with Cleveland's Forest City Enterprises over the size of the 400- to 500-room convention hotel, which has been in the drafting stages for six years. The NRA's return is a nice catch for VisitPittsburgh, which has been working on an encore convention "since the day they left" in 2004, Mr. McGrath said. (Pittsburgh Post-Gazette, PA)
Magazine likes Stapleton neighborhood Dec 20, 2007
The lead developer on the massive, multiyear project is Forest City Enterprises Inc. of Cleveland, Ohio, encompasses 4,700 acres of reclaimed land. Natural Home also noted that six tons of runway concrete was recycled for bike paths and bridges in the development, and all houses there are Energy Star certified. (Denver Business Journal, CO)
Fresno's eminent domain hot issue Dec 9, 2007
City officials said they may need to condemn land in a six-block area downtown targeted for redevelopment by Cleveland-based developer Forest City Enterprises. The reasons cited by council opponents of eminent domain reflect a growing unease nationwide about government seizing land for private economic development. (Fresno Bee)
Convention center hotel getting costlier, smaller too Dec 3, 2007
The authority is expected to meet with Cleveland developer Forest City Enterprises early next year to discuss possible alternatives in scaling back the size of the hotel. Ms. Conturo said she did not know at this point just how many rooms could be eliminated but added the authority's objective is to keep it as close to 500 as possible. (Pittsburgh Post-Gazette, PA)
South Side shopping area rethinks its image Nov 27, 2007
But recent times have not been so good, as Station Square owner Forest City Enterprises has shifted the emphasis away from retail in favor of entertainment and eating. "There's no business here," said Shawn Gantz, the manager of the Station Square store. (Pittsburgh Post-Gazette, PA)
Developer details The Promenade's expansion Nov 15, 2007
Those chains include the Yard House, a brewery and restaurant; Williams-Sonoma, a cookware store; Pottery Barn, a purveyor of home decorations; and Chico's, a clothing store, representatives of Ohio-based Forest City Enterprises said. The row of shops and eateries, which total 126,000 square feet, will extend eastward on the east side of the mall, between Macy's department store and the Edwards movie theater. (North County Times)
Stay or go?: proposed Federation relocation debated Oct 26, 2007
Jackson has had preliminary conversations about the move with Albert Ratner, co-chairman of the board of Forest City Enterprises, Inc. Ratner declined comment for this story. Any time Cleveland loses an organization that does such good work, it s a loss for the city, Jackson says, according to his press secretary. (Cleveland Jewish News, OH)
Forest City's New Prez Oct 22, 2007
Forest City Ratner is a wholly owned subsidiary of Forest City Enterprises, which owns 32 properties in the metro area. . (New York Post -- Business)
Fresno council member enters mayoral race Sep 27, 2007
Duncan's downtown plan includes strong support of a proposal by Cleveland-based developer Forest City Enterprises to build homes and stores just south of Chukchansi Park. Forest City hopes to finish the initial six-block stage in four years. (Fresno Bee -- Local)
Urban rescuer Sep 23, 2007
Can Forest City Enterprises deliver for downtown Fresno. With billions of dollars in assets and a record of urban revitalization projects around the country, the Cleveland-based development company has earned a reputation for success. (Fresno Bee -- Local)
Business owners don't want to budge Sep 23, 2007
Baskin's is in the middle of a six-block area that the Fresno Redevelopment Agency has targeted for homes, stores and fountains promised by Cleveland-based developer Forest City Enterprises. The redevelopment agency -- which plans to buy the land and lease it to Forest City -- has the power of eminent domain and can acquire the property from landowners whether they want to sell or not. (Fresno Bee -- Local)
Board picks design for what could be West's tallest building Sep 21, 2007
The other finalists were the developer-designer team of Forest City Enterprises and architect Richard Rogers, and a team composed of Skidmore Owings and Merrill architects and Rockefeller Development Group. Government officials hope to begin demolishing the city's existing bus terminal next year and to have its replacement built by 2014. (Fresno Bee -- State)
Design Chosen For Tallest Skyscraper On West Coast Sep 21, 2007
Friday, September 21, 2007, 4:29 am. Go to NBC 7/39, MiSD Travel Expo Sept 29-30. (NBCSandiego.com, CA)
San Francisco Stretches Empire State to 1,375 Feet in Plan for Two Towers Sep 20, 2007
The entrants are Richard Rogers, a winner of the Pritzker Prize, architecture's top award, with Forest City Enterprises Inc. of Cleveland; Cesar Pelli, who designed the twin Petronas Towers in Kuala Lumpur, the world's second-tallest occupied buildings, with Hines of Houston; and Skidmore Owings & Merrill LLP, the firm designing New York's 1,776-foot Freedom Tower, with Rockefeller Development Group Inc. of New York. White Obelisk. (Bloomberg -- US)
Former grocery stores purchased Sep 20, 2007
Forest City Commercial is part of Cleveland-based Forest City Enterprises Inc. (NYSE: FCEA, FCEB), which is redeveloping Denver's old Stapleton International Airport for residential and commercial use. Hampton Retail partner Debbie Tamlin of Fort Collins will manage and lease the Albertsons store spaces. (Denver Business Journal, CO)
Stocks to Watch Sep 11, 2007
Forest City Enterprises Inc.'s () second-quarter net income rose to $67. 8 million, or 63 cents a share, from $7. (Fox News)
Speaker: Labor shortage will hurt economy Sep 7, 2007
"It's a true paradigm-changing event," Mark Lautman, director of economic development for Forest City Enterprises, Mesa del Sol, Albuquerque, N.M., said Thursday. He was addressing a Wyoming Economic Development Association conference at the Holiday Inn on the River in Casper. (Casper Star-Tribune, WY)
Forest City plan OK'd Aug 30, 2007
The council unanimously approved a proposal from Forest City Enterprises that includes the promise of 2,000 new downtown residents but lacks key financial details about how the developer will pay for a new neighborhood. After the council's vote, Mayor Alan Autry said he's still skeptical of a developer that after two years of talk has yet to build anything in the area. (Fresno Bee -- Local)
Place: Calling a new Transbay tower an icon doesn't make it one Aug 29, 2007
The worst offender is the team whose proposal I like the best: England's Rogers Stirk Harbour + Partners, working with the local firm SMWM and developers Forest City Enterprises and MacFarlane Partners. The project is described as "a strong and iconic portal," "an iconic gateway" and - wait for it - "an iconic expression of San Francisco's position as the center of gravity for new technologies, creativity, multi-cultural initiatives and knowledge leadership.". (San Francisco Chronicle)
Old growth problems continue to haunt Old Town Temecula Aug 21, 2007
Bob Gibbs, who has worked as a retail consultant for Walt Disney Co. and Forest City Enterprises, which owns The Promenade mall, spoke to the audience about how an improved design plan could improve the retail district of Old Town. He called Temecula a "rarity" as it embodies a charm that attracts tourists. (North County Times)
Downtown dreams no longer frozen Aug 15, 2007
Another project -- Forest City Enterprises -- proposes hundreds of houses in a mixed-use remake of the area south of Chukchansi Park. Jeff Linton, a Forest City spokesman, said Tuesday, "We are still very much in active discussions and are down to the point of detailing various aspects of the proposal."Even if the Forest City proposal is realized, Assemi said he doesn't anticipate an oversupply of homes. (Fresno Bee -- Business)
District financing lays foundation for Henson Ridge Aug 15, 2007
Across the river in Ward 6, Mid-City Urban is working with Forest City Enterprises on a $397 million mixed-use project near the Washington Navy Yard. The project totals almost 2 million square feet, including 600,000 square feet of office space, 18,000 square feet of community space, 75,000 square feet of retail space and 1,150 residential units. (Washington Business Journal, DC)
Rebirth of the terminal Aug 13, 2007
Rogers Stirk Harbour + Partners design for Forest City Enterprises and MacFarlane Partners. What soars. (San Francisco Chronicle)
Two giants team up to develop a mega destination on U.S. 380 Aug 11, 2007
General Growth Properties, Inc. and Forest City Enterprises, Inc. have formed a partnership to develop a master plan for approximately 400 acres at the Dallas North Tollway and U.S. Highway 380 ... Under the master plan, Forest City Enterprises and General Growth Properties will develop a regional open-air commercial and residential center around a waterfront town square park. (McKinney Courier-Gazette, TX)
Magna Entertainment Corp. announces results for the second quarter ended June 30, 2007, Strategic Review of Assets and Operations and immediate Corporate Initiatives Aug 10, 2007
MEC also reported today that it has executed the definitive agreements related to The Village at Gulfstream Park(TM), a joint venture with Forest City Enterprises, Inc. and the planned mixed-use development to be built around the Gulfstream Park racetrack. The groundbreaking for Phase 1 of The Village at Gulfstream Park(TM) occurred in June 2007. (Yahoo! Wire -- Entertainment News)
General Growth and Forest City team up for commercial center at Tollway and 380 Aug 9, 2007
The same company that owns and manages Stonebriar Centre is partnering with Forest City Enterprises to develop a master plan for approximately 400 acres southwest of the Dallas North Tollway and U.S. 380 interchange. Under the master plan General Growth Properties and Forest City Enterprises will develop a regional open-air commercial and residential center around a waterfront town square park ... Forest City Enterprises is a 9. (McKinney Courier-Gazette, TX)
Soaring Vision Aug 8, 2007
SOARING PLANS FOR TRANSBAY TERMINAL / The West Coast's tallest building: 3 competing ideas show audacity that adds to the city's rising skyline (San Francisco Chronicle)
River ranks at bottom of downtown priority list Aug 4, 2007
A downtown park in an area south of Grizzlies Stadium now being studied by well-known developer Forest City Enterprises for its potential for mixed-use redevelopment. Fa. (Fresno Bee)
Sale of Forest City Enterprises' Assisted Living Communities Raises Concerns Jul 27, 2007
CLEVELAND, July 26 /PRNewswire/ -- Today's announcement by Forest City Enterprises Inc. on its sale of 12 assisted living properties to Atria Senior Living Group raises serious concerns about care and staffing at these facilities. But today's sale is about more than real estate. (PR Newswire)
1 comment(s) Mall expansion plans move forward Jul 24, 2007
The total cost of construction and the value of the parking facility is estimated at 22 million, which will be paid up front by the mall's parent company, Cleveland-based Forest City Enterprises Inc. Once the mall expansion and other infrastructure improvements are made, the city will begin to release the 11 million earmarked for the garage. One of the conditions being considered by the council are improvements to the ring road, which encircles the mall. (North County Times)
State subsidy revives convention hotel plan Jul 21, 2007
Although hotel plans have been dormant for more than a half dozen years, the Sports & Exhibition Authority will stick with developer Forest City Enterprises, of Cleveland, said SEA Executive Director Mary Conturo. The company already owns the Westin Convention Center Pittsburgh hotel, which is the hotel across Penn Avenue from the David L. Lawrence Convention Center. (Pittsburgh Post-Gazette, PA)
Barden cleared to build casino on North Shore Jul 19, 2007
Two other would-be Pittsburgh casino operators, Forest City Enterprises and Isle of Capri Casinos Inc., had asked the court in May to overturn the award of the license, citing poor financial performance at Mr. Barden's other properties. Isle of Capri wanted to build a casino in the lower Hill District and had promised to build a new hockey arena next to it to replace Mellon Arena if given the slots license. (Pittsburgh Post-Gazette, PA)
Gulfstream looks to be year-round destination Jul 14, 2007
The building would be the first phase of the Village at Gulfstream Park, whose partners are Gulfstream parent company (NASDAQ: MECA) of Aurora, Ontario, and developer Forest City Enterprises (NYSE: FECA) of Cleveland. Magna and Forest City are waiting for building permits and permission for site work from the city and approvals from the South Florida Water Management District, said Will Voegele, Forest City's VP of commercial development. (South Florida Business Journal, FL)
What’s going on under the tents? Jul 13, 2007
Forest City Enterprises supplied computer equipment for the music students to use, and the Coral Company has provided Shaker Square office space to house several activities. (Both are Jewish-owned companies. (Cleveland Jewish News, OH)
Pasco Delays Wiregrass Decision - Again Jul 11, 2007
" The delay will give county officials another chance to sort out exactly how their latest round of public horse trading with Tew will affect future road projects in Wesley Chapel and beyond. In the meantime, Hillsborough County commissioners threw what may be one more monkey wrench into the project's complicated process when they demanded nearly $28 million in improvements to Bruce B. Downs Boulevard. With developers and county officials bogged down in a public hearing in Dade City, neither... (Tampa Bay Online, FL -- News)
Military jobs insulate contractors from chill Jul 10, 2007
and Forest City Enterprises of Cleveland formed partnerships about three years ago as part of the 's initiative to replace inadequate housing at bases around the country ... Forest City Enterprises' local entity, Forest City Military Communities Hawaii, formed a 50-year partnership with the that is called Ohana Military Communities, which will build, renovate and manage 5,648 homes for the Navy and the Marine Corps. (Pacific Business News, HI)
The Non-REIT Approach Jun 25, 2007
His fund's biggest wager is on Forest City Enterprises, whose shares have returned 50% over the past year. This company focuses on large, mixed-use urban developments. (Forbes)
Planning Commission stalls on changes to The Promenade Jun 21, 2007
While the City Council is expected Tuesday to enter into an agreement on measures to improve traffic flow with Forest City Enterprises, the Cleveland-based owner of The Promenade, planning commissioners said that did them little good Wednesday night as they considered a modification to parking configurations, adding a valet parking area and rerouting traffic patterns. "We are being asked to make a decision on a traffic situation on an inept 'ring road' configuration, but I don't think there is... (North County Times)
Pittsburgh casino developer, science center at odds over traffic Jun 21, 2007
The two losing bidders _ St. Louis-based Isle of Capri Casinos Inc. and Cleveland-based developer Forest City Enterprises Inc. _ have appealed to the state Supreme Court. Barden's casino is expected to open by next summer. (NEPA News, PA)
Barden's Indiana casino turning a profit Jun 15, 2007
Forest City Enterprises and Isle of Capri Casinos Inc., the losing bidders for the Pittsburgh casino, have used the Majestic Star's financial struggles in their arguments to try to overturn the award of the city's one slots license to Mr. Barden in appeals to the state Supreme Court. The court has yet to rule on those appeals. (Pittsburgh Post-Gazette, PA)
Illinois opens trade office in New Delhi Jun 5, 2007
Indias pharmaceutical and biotech market at $9 billion in annual sales last year is the third-largest in terms of the volume of drugs sold and projected to grow to $25 billion by 2010, Michael Rosen, senior vice president for new business development for Forest City Enterprises Science + Technology Group, said in the statement. Forest City Enterprises Science + Technology Group owns, develops and operates Illinois Science + Technology Park in Skokie. (Crain's Chicago Business)
Vintage renovation Jun 2, 2007
Efforts like theirs would complement possible city efforts such as Mayor Alan Autry's plans for a downtown riverwalk, or Forest City Enterprises' efforts to revitalize the area south of Chukchansi Park. "There should be a mix," Scharton said. (Fresno Bee -- Business)
Fresno's downtown down for the count May 28, 2007
One is Mayor Alan Autry, whose State of the City speech last week was sponsored in part by Forest City Enterprises, a developer that has proposed bringing homes and businesses to an area south of the baseball stadium. That project won't happen, and neither will the mayor's riverwalk. (Fresno Bee -- Local)
Mutual Funds &Personal Finance May 25, 2007
Finally, Kinetics Paradigm invests with the most venerated investors by buying shares of their companies: Warren Buffett's Berkshire Hathaway, () Carl Icahn's American Real Estate Partners, () Ian Cumming's Leucadia National, () Robert Harding's Brookfield Asset Management, () Edward Lampert's Sears Holdings () and Albert Ratner's Forest City Enterprises. (). (Investors Business Daily)
Slots licenses get scrutinized in Pa. Supreme Court May 16, 2007
The losers who appealed were a Philadelphia group led by Planet Hollywood investors; New Jersey developer Greg Matzel, who had wanted to build at a resort in the Poconos; and the two other Pittsburgh groups _ Cleveland-based developer Forest City Enterprises Inc. and St. Louis-based casino operator Isle of Capri Casinos Inc.. Read our. (NEPA News, PA)
Martha Stewart selling homes May 5, 2007
The homes will be part of a residential, office and retail project at the former Stapleton International Airport, developed by Cleveland-based Forest City Enterprises Inc., which agreed in 2000 to buy 2,935 acres for $123. 4 million. (AZCentral -- Business)
Hopkins project marks milestone Apr 29, 2007
In addition, an "important national tenant" has been secured for the building, said Gayle Farris, president of the science and technology group of developer Forest City Enterprises. Farris, whose publicly traded company is teaming up with a group of local developers, declined to identify the tenant but said, "They'll come in when the building opens.". (Sunspot.net -- Business)
‘Either-Or' Apartment Projects Apr 25, 2007
Another is the Forest City Residential Group, which comprises the multi-family residential ownership, development, management and financial activities of Forest City Enterprises, Cleveland, Ohio. "We're not smart enough to figure out what the market will be next year, let alone four years from now," said Ronald Ratner, who heads Forest City's residential division, which builds mainly urban properties with as many as 6,000 units. (RealtyTimes)
A snapshot of downtown's future, if dominoes fall right Apr 24, 2007
Cleveland-based Forest City Enterprises is a premier urban retail developer with an $8 ... "When you look at Forest City Enterprises' portfolio and experience, they're right there as that kind of a developer.". (Las Vegas Sun)
Richardson Signs Bill Benefiting Donor Apr 11, 2007
The joint venture development company is affiliated with Forest City Enterprises Inc., an $8 billion real estate company based in Cleveland. Other Forest City companies contributed $9,000 to Richardson's gubernatorial campaign in 2005 and 2004. (Atlanta Journal-Constitution -- World)
SAN FRANCISCO Apr 11, 2007
" Martha Lucey, dean of the college's office of public information, said the college had scheduled a special meeting to discuss the issue, at 5 p.m. today. College Chancellor Philip Day already has asked the political committee, the Committee to Support Our City College, to refund the $10,000, which represents a rent payment owed to the college by a motorcycle training school that leases a college parking lot on weekends. "We're going to reconcile it," he said last week. As The Chronicle... (San Francisco Chronicle -- Politics)
