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CALIFORNIA | LOCAL
December 12, 1988 | JULIO MORAN, Times Staff Writer
For nearly eight years, the steel frame of a 28-story building on Wilshire Boulevard between Westwood and Beverly Hills sat rusting as a skeletal reminder of a dream that had soured. In the early 1980s, 11 projects were planned to help create the "Golden Mile," Los Angeles' version of high-rise luxury condominium living. But developers say that high interest rates, a glut of overpriced condominiums and the disdain of home buyers for living in high-rise buildings led to a bust.
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CALIFORNIA | LOCAL
December 12, 1988 | JULIO MORAN, Times Staff Writer
For nearly eight years, the steel frame of a 28-story building on Wilshire Boulevard between Westwood and Beverly Hills sat rusting as a skeletal reminder of a dream that had soured. In the early 1980s, 11 projects were planned to help create the "Golden Mile," Los Angeles' version of high-rise luxury condominium living. But developers say that high interest rates, a glut of overpriced condominiums and the disdain of home buyers for living in high-rise buildings led to a bust.
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CALIFORNIA | LOCAL
March 19, 1988
As expected, the Centre City Development Corp.--the agency in charge of downtown redevelopment--on Friday postponed a decision on which of three companies should be selected to build a 30-plus-story apartment tower just south of Horton Plaza. The decision gives the three companies until May 17 to refine their proposals, which were submitted last November. Already, two of the firms have told CCDC they are sweetening their plans by increasing the amount of their bid.
CALIFORNIA | LOCAL
June 4, 1988 | ARMANDO ACUNA, Times Staff Writer
A striking 40-story apartment tower that will be San Diego's tallest building was endorsed Friday by the city's downtown redevelopment agency. In doing so, the Centre City Development Corp. ended the fiercest competition it has yet encountered among private developers vying for a foothold in the increasingly attractive downtown market, which just several years ago repelled developers.
CALIFORNIA | LOCAL
March 18, 1988 | ARMANDO ACUNA, Times Staff Writer
It appears the downtown redevelopment agency will put off until mid-May a decision on which of three companies it wants to build a 30-plus-story apartment tower on property south of the Nordstrom store at Horton Plaza. The Centre City Development Corp.--the agency responsible for downtown redevelopment--is expected to take the action today at a board of directors meeting.
REAL ESTATE
September 25, 1988 | EVELYN De WOLFE, Times Staff Writer
Less than a decade ago, at barely 24 years of age, Michael V. Reyes, president of Urban Pacific Group, became the original developer of The Mirabella, one of the more ambitious luxury condominium projects along Wilshire Boulevard's Golden Mile. Today, at 31, Reyes is launched on another ambitious venture on that same highly competitive Westside corridor.
CALIFORNIA | LOCAL
March 5, 1988 | ARMANDO ACUNA, Times Staff Writer
It's a sign of the changing times in downtown San Diego. On land where the city once went begging for developers, companies are now locked in fierce competition for the chance to build. That was apparent again Friday when the Centre City Development Corp.--the agency in charge of downtown redevelopment--was faced with selecting one of three strong developers with which to negotiate for the construction of a 30-plus-story apartment building across from the Nordstrom store at Horton Plaza.
REAL ESTATE
August 11, 1991
MURRIETA: Phase 4 of Mustang Series at Northfork by Inco Homes, 11 of 77 detached homes on 7,200-square-foot lots; 3-4 bedrooms, 2 baths, 1,531-1,912 square feet; $129,990-$145,990, move-ins, summer 1992; open 10 a.m.-6 p.m. daily at 24469 Stallion Court, reached from westbound California Oaks Road exit of Interstate 15. Phase 1 of Fairway Homes at The Colony, J.P.
BUSINESS
February 23, 1988 | JAMES F. PELTZ, Times Staff Writer
The reconstruction and widening of a two-mile stretch of the Ventura Freeway as it winds through Woodland Hills has begun. Although much of the work will be done at night, the 16-month project is sure to test the patience of motorists who use the busy highway. Except for Ronald N. Tutor. Tutor is president of Tutor-Saliba Corp., the construction firm in charge of the $18.3-million project, the first of four phases in a $90-million plan to improve 24 miles of U.S.
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