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REAL ESTATE
November 8, 1987
Shoreline Square, the planned $130-million mixed-use project in downtown Long Beach, has been topped out. Charles Pankow Builders, general contractors in joint venture with Taisei Corp., started work on the development in August and expects its completion within a year. The project will consist of a 500-room Sheraton Hotel, an adjoining six-level garage with more than 1.3 million square feet of parking space for 1,400 cars, and a 21-story office building, also connected to the garage.
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BUSINESS
July 9, 2002 | A Times Staff Writer
Developer KOR Group has contracted with Taisei Construction to convert an aging office building in the financial district of downtown Los Angeles into an apartment complex. The 13-story building at 612 S. Flower St. and Wilshire Boulevard has been empty for eight years. Los Angeles-based KOR Group plans to convert the office property built in 1949 to 322 apartments over street-level stores and parking. The project is scheduled to be completed in summer 2003.
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BUSINESS
December 21, 1989 | LINDA WILLIAMS, TIMES STAFF WRITER
Bechtel Group Inc. said Wednesday that its Overseas Bechtel unit has signed a contract to manage construction and serve as general contractor for the $800-million terminal to be built at Tokyo's Haneda airport. The contract marks the first time that an American firm has been granted a role as significant as general contractor in a large Japanese construction project, the giant San Francisco-based construction and engineering firm said.
BUSINESS
December 21, 1989 | LINDA WILLIAMS, TIMES STAFF WRITER
Bechtel Group Inc. said Wednesday that its Overseas Bechtel unit has signed a contract to manage construction and serve as general contractor for the $800-million terminal to be built at Tokyo's Haneda airport. The contract marks the first time that an American firm has been granted a role as significant as general contractor in a large Japanese construction project, the giant San Francisco-based construction and engineering firm said.
BUSINESS
July 9, 2002 | A Times Staff Writer
Developer KOR Group has contracted with Taisei Construction to convert an aging office building in the financial district of downtown Los Angeles into an apartment complex. The 13-story building at 612 S. Flower St. and Wilshire Boulevard has been empty for eight years. Los Angeles-based KOR Group plans to convert the office property built in 1949 to 322 apartments over street-level stores and parking. The project is scheduled to be completed in summer 2003.
BUSINESS
December 30, 1998 | Bloomberg News
Hilton Hotels Corp. said it has purchased the Sheraton Grande Torrey Pines for $82.5 million. Hilton said it will rename the 394-room property in La Jolla the Hilton La Jolla Torrey Pines. Tokyo-based Taisei Corp. built the property and managed Torrey Pines Hotel Associates, the partnership that sold it to Hilton.
BUSINESS
May 28, 1998 | From Reuters
Bored with roller coasters that don't go fast enough or cartoon characters that are just a tad too cute? Then how about a theme park where you get to race around in the latest cars that Japan's biggest auto maker has to offer? Toyota Motor Corp. said Wednesday it will launch an automobile theme park as part of a new commercial and entertainment complex at a Tokyo waterfront site next year. The Tokyo Waterfront ST Block project is scheduled to open in the spring of 1999.
NEWS
February 13, 1986
A Superior Court judge has refused to block construction of a $130-million Sheraton hotel and office complex across from the Convention Center, and ground breaking for the 500-room hotel and 24-story office tower has been scheduled for May 5. "We don't believe at this point that there will be difficulty with the project proceeding," said David Biggs, project manager for the Long Beach Redevelopment Agency.
REAL ESTATE
August 7, 1988
The second annual Pacific Basin Development Conference in Maui, Hawaii, on Aug. 17-20 will be attended by 100 American real estate developers and leaders of Japanese real estate investment firms in the United States and Japan to explore potential joint ventures. Featured speakers will be Taizo Watanabe, envoy extraordinary and minister plenipotentiary, at the Japanese Embassy in Washington, and Jim Deane, prominent California home builder.
REAL ESTATE
August 11, 1985
Sweeping in a graceful curve, Shoreline Square has been approved by Long Beach to add a focal point to the city's Convention Center complex and rapidly growing downtown cluster of high-rise office and hotel towers. The $125-million project will consist of a 500-room hotel and a 24-story office building connected by a 60-foot-high atrium and occupying the block bounded by Ocean and Long Beach boulevards and Elm and 1st streets in the Long Beach Redevelopment Area.
REAL ESTATE
November 8, 1987
Shoreline Square, the planned $130-million mixed-use project in downtown Long Beach, has been topped out. Charles Pankow Builders, general contractors in joint venture with Taisei Corp., started work on the development in August and expects its completion within a year. The project will consist of a 500-room Sheraton Hotel, an adjoining six-level garage with more than 1.3 million square feet of parking space for 1,400 cars, and a 21-story office building, also connected to the garage.
REAL ESTATE
November 10, 1985 | RUTH RYON, Times Staff Writer
Ma Maison, that popular West Hollywood eatery of the stars and other luminaries, will close Thursday because the 22,000-square-foot property it occupies has been sold. That's the word from industry spokesmen, although Patrick Terrail, Ma Maison owner, was unavailable for comment. When contacted, Joe Lenzi of the Novagroup Realty in Beverly Hills, verified that he represented both sides in the $2-million-plus transaction, which closed escrow Nov. 1.
BUSINESS
September 6, 2005 | From Times Wire Services
European shares closed at their strongest levels in about two weeks Monday as takeover talk fueled a rally in utilities such as Spain's Endesa and Britain's Scottish Power. Endesa rallied nearly 3% after a source familiar with the situation said Spain's Gas Natural would attempt a takeover of the country's leading utility. Shares in Endesa and Gas Natural were suspended in the session. Scottish Power was among the biggest gainers in the sector and rose 4%, stoked by a weekend newspaper report that German utility E.ON had hired an investment bank to advise it on a potential bid for the firm.
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