CALIFORNIA | LOCAL
January 25, 1990
The lowest construction bid for the Torrance Cultural Arts Center is $1.2 million more than the nearly $11 million the city has budgeted for the project, but city officials plan to proceed despite the overrun. "There goes the contingency (fund)," Councilman Bill Applegate said after hearing of the bid opening Tuesday. "It won't be a problem." In an eight-way bidding war, Moran Construction Co. of Alhambra offered to erect the four-building complex for $12.23 million.
August 3, 1986
Weyerhaeuser Mortgage Co., in one of the largest office-space leases in the history of the San Fernando Valley, has leased more than 100,000 square feet in the first phase of Trillium in Woodland Hills. The lease will involve a minimum of six floors in the 17-story office building scheduled to open late this month and is valued in excess of $28 million, according to Trillium joint-venture partners Norman J. Kravetz and Dan Terheggen of Kravetz/Terheggen Partners, and John F.
CALIFORNIA | LOCAL
September 30, 1990 |
Louise Aldrich says working at one of the Airport Towers in El Segundo made her absolutely sick. Her eyes hurt. Her head pounded. Her throat and neck glands swelled. Aldrich wasn't alone in her suffering, her lawyers charged in a trial that opened in Torrance Superior Court last week. They say similar symptoms began plaguing many of the 12th-floor occupants of Airport Tower C shortly after they moved into the spanking-new building on Sepulveda Boulevard in early 1985.
May 19, 1985 |
"Investment" versus "speculation" is very much in the beholder's eye--and few beholders have a more conservative eye than the country's pension plan administrators. And, while it's a long way from being a giant step forward, the mere presence on the Los Angeles city ballot June 4 of a proposition that would permit the city's three retirement systems to invest--for the first time--in real estate may be a significant, if long overdue, upgrading of its role as a safe haven for "sacred" money.