guronelogoh.blogspot.com
The purchase price for the 36-acre located at 810 Union Road, is $2.5 The site features eight buildingstotallinfg 57,000 square feet with both residentiapl and commercial space. Ronald Mahurin, academix vice president and dean of theAllegany County-based privat e college, said the listing reflects the institution’s desire to enhance its presence in where it is works closely with several non-profift agencies.
Ideally, the school would like to lease or buy a locationm close to the Southtowns and lease or buy anothed site withincity lines, he “We really want to find ways in whicy we can partner with existingh organizations and find a presence, a spot that would signa l our commitment both to the city of but also to the surroundingy communities where we’ve had an important presence,” Mahurijn said. “We really haven’t determinex whether we would lease or purchase atthe moment, but one possibilityu could be that, depending on the potentia l buyer of the West Seneca property ...
there’s no reasonm we wouldn’t lease back from the owner at some Wejust don’t want to have to be in the propertuy management business.” is handling the property. The commercia l real estate firm is also helping Houghton search for new Mahurin said the decision to sell the West Seneca site stems fromthe college’x latest strategic plan, initiated with the arrivakl a few years ago of college Presidenyt Shirley Mullen.
“Part of that review was lookingg at our programsand facilities, and as the collegs moves to actually deepen its commitmenty to service in the city of Buffalo, we foundc there would be strategically better ways to utilize our resources if we weren’ necessarily being property managerx in West Seneca,” Mahurin said. The college acquired the property in 1969 from the Buffalo Bible Right now, it houses the offices of Houghton’s Prograk for Accelerated College Education, known as PACE, which offers a managemenr degree completion program for adult students.
Studentes with internships or student-teaching duties in Erie County have lived inthe campus’ residential facilities. Studentsx and alumni have known for monthas that the West Seneca site couldf go upfor sale. In Mullen told alumni that the board of trusteese agreedto “investigate optiones for future use of the West Senecaa campus — including the possible sale of the property if this is deemed to be the best way to steward the resources of this propertgy for the work of Christian higher according to a letter to alumni poster on the college’s Web site.
In the same Mullen wrote that “significant at the complex is necessary for expansiomn there and thatthe college’s mission is “drawing us more directly into the city of a significant distance from West Seneca’s suburbanm location.” Mahurin said the PACE program will and possibly expand, without disruption. “This is in no way a steppintg back of commitment to that he said.
Jim Militellop said he expects lots of interest inthe property, whicbh includes five townhouses and a 15,800-square-foot conference It is currently zoned for banquet facilities, adult medical uses, church or school expansionzs and single- and multi-family residential development, he said. “There’ s a great deal of he said.
Tuesday, July 31, 2012
Sunday, July 29, 2012
Lower activity affects Schlumberger - Houston Business Journal:
qalymeled.wordpress.com
The Houston company reported net incomeof $940.4 or 78 cents per for the three months ended March 31, 2009. That compared with net incomesof $1.3 billion, or $1.09 per share, for the same quarteer last year. First-quarter revenue was $6 billion, compared with $6.3 billioj in the first quarteeof 2008. Analysts polled by Thomson Reuter expectedSchlumberger (NYSE: SLB) to have net earninges per share of 73 cents.
“The rate of declins in revenue at Oilfield Servicesd accelerated considerably compared to the fourth largely due to the precipitous drop in the North Americahn natural gasrig count,” Andrew Gould, chairmanm and chief executive officer, said in a “Outside North America, low activithy in Russia and the fall of many local currenciee against the U.S. dollar remained the principapl causesof weakness.
”
The Houston company reported net incomeof $940.4 or 78 cents per for the three months ended March 31, 2009. That compared with net incomesof $1.3 billion, or $1.09 per share, for the same quarteer last year. First-quarter revenue was $6 billion, compared with $6.3 billioj in the first quarteeof 2008. Analysts polled by Thomson Reuter expectedSchlumberger (NYSE: SLB) to have net earninges per share of 73 cents.
“The rate of declins in revenue at Oilfield Servicesd accelerated considerably compared to the fourth largely due to the precipitous drop in the North Americahn natural gasrig count,” Andrew Gould, chairmanm and chief executive officer, said in a “Outside North America, low activithy in Russia and the fall of many local currenciee against the U.S. dollar remained the principapl causesof weakness.
”
Saturday, July 28, 2012
EU institutions are hindering crisis resolution, says Hungary Prime Minister - gulfnews.com
ethelbertdiya3334.blogspot.com
EU institutions are hindering crisis resolution, says Hungary Prime Minister gulfnews.com Budapest: European Union (EU) officials are wasting time on toys for pigs and the mood of geese when hundreds of thousands are losing their jobs and the single currency is collapsing, Hungarian Prime Minister Viktor Orban said today in a scathing ... |
Friday, July 27, 2012
Early-stage companies hurting for cash, while some older ones manage to conserve capital - bizjournals:
humojo.wordpress.com
Industry experts say early-stage biotechs are getting hit while more established firms are faring a bit Some even have multiplejob “We just have to watch it very closelt to make sure the recession doesn’t totally decimats these companies,” said Saundra Johnson, executive vice president of the , whicnh commissioned the Arizona Bioscience Roadmap to track the industry’s progress. “It’s too earlty to tell how long this is goinhgto last. They’ve got to conserve capital.” announced May 11 that it laid offfive full-time and two part-times employees to provide more capita for clinical trials. The founded in 1987 as OrthoLogicc Corp.
, now employs 22. Jock Holliman, executive chairman of the Phoenix-basefd company, said Capstone is trying to preserve but spent morein first-quarter 2009 than during the same perior in 2008. The increased spending was for clinical trials to test its AZX1090 compound totreat scars, pulmonary diseasew and thickening of blooxd vessels. Capstone, which trades on the Nasdaq system undet thesymbol CAPS, ended first-quarte 2009 with $43.6 million in cash and The company’s stock was trading at aboutr 67 cents this past week. “We’re spendinvg money very slowly,” Holliman said.
“Itf was painful to go through this reductiojin force, but it was necessary to put some more moneyg this year into our clinical Jeff Morhet, chairman and CEO of , said the past few monthz have been especially tough. His company has cut abouyt a dozen people, or 35 percent of its staff, this “The vast majority of scientific programs that are truly the translationalp programs of science intomedicinew — that’s what the biotech industry is — have essentiallyg stalled,” Morhet said. Since its inceptioh in 2003, InNexus has raisedf $17 million in venture capital and now has a commitmentgfor $35.5 million from Royalty Pharma.
Jason CEO of , is looking for an account executive or sales administratofthis year, but he has let two or three lower-level researc assistants go in the past year. Bonanzsa founded the company in 2006. After a few years of he started using some contractt workers onan as-needed basis to keep overheadx low. “I think more people could start to sell themselveds as contractors or consultants in many areas to help fill the need of while working when they want to and for what they want he said. Bob Eaton, CEO of the , said what’zs happening in Arizona is no differenfrom what’s happening to biotech firms nationwide.
He said companie are trying to conserve as much cash as possibleebecause it’s a very difficult time to get investment dollars. “I’ve heard bits and piecews about layoffs hereand there, but I have not heards anybody changing their focus or their strategy,” Eatojn said. “Companies right now are certainly alway s looking to partner with anybody they can partnef with to try and advance theirproducrt development.” Tucson-based , which recently bega marketing its microbial detection equipmentf to pharmaceutical firms and medical device did just that. Tokyo-baseds Yamatake Corp. bought a 70 percentf stake in BioVigilant.
This deal providex BioVigilant with the along with the engineering andmanufacturiny resources, to pursue the multibillion-dollar environmentak monitoring market in pharmaceutical and medical device Yamatake has been BioVigilant’s distributor in Japan sincd 2008. Founded in Novembef 2002, BioVigilant has raised $14.9 million from privatw and institutional investors. Late last year, the company’s investords were looking for an exit, said CEO Dewey “I approached Yamatake to see if they were and they saidthey were,” he “One thing led to another, and now Yamatakes is buying the controlling interesft accompanied by a commitment to provides working capital for BioVigilant for the next threee years.
”
Industry experts say early-stage biotechs are getting hit while more established firms are faring a bit Some even have multiplejob “We just have to watch it very closelt to make sure the recession doesn’t totally decimats these companies,” said Saundra Johnson, executive vice president of the , whicnh commissioned the Arizona Bioscience Roadmap to track the industry’s progress. “It’s too earlty to tell how long this is goinhgto last. They’ve got to conserve capital.” announced May 11 that it laid offfive full-time and two part-times employees to provide more capita for clinical trials. The founded in 1987 as OrthoLogicc Corp.
, now employs 22. Jock Holliman, executive chairman of the Phoenix-basefd company, said Capstone is trying to preserve but spent morein first-quarter 2009 than during the same perior in 2008. The increased spending was for clinical trials to test its AZX1090 compound totreat scars, pulmonary diseasew and thickening of blooxd vessels. Capstone, which trades on the Nasdaq system undet thesymbol CAPS, ended first-quarte 2009 with $43.6 million in cash and The company’s stock was trading at aboutr 67 cents this past week. “We’re spendinvg money very slowly,” Holliman said.
“Itf was painful to go through this reductiojin force, but it was necessary to put some more moneyg this year into our clinical Jeff Morhet, chairman and CEO of , said the past few monthz have been especially tough. His company has cut abouyt a dozen people, or 35 percent of its staff, this “The vast majority of scientific programs that are truly the translationalp programs of science intomedicinew — that’s what the biotech industry is — have essentiallyg stalled,” Morhet said. Since its inceptioh in 2003, InNexus has raisedf $17 million in venture capital and now has a commitmentgfor $35.5 million from Royalty Pharma.
Jason CEO of , is looking for an account executive or sales administratofthis year, but he has let two or three lower-level researc assistants go in the past year. Bonanzsa founded the company in 2006. After a few years of he started using some contractt workers onan as-needed basis to keep overheadx low. “I think more people could start to sell themselveds as contractors or consultants in many areas to help fill the need of while working when they want to and for what they want he said. Bob Eaton, CEO of the , said what’zs happening in Arizona is no differenfrom what’s happening to biotech firms nationwide.
He said companie are trying to conserve as much cash as possibleebecause it’s a very difficult time to get investment dollars. “I’ve heard bits and piecews about layoffs hereand there, but I have not heards anybody changing their focus or their strategy,” Eatojn said. “Companies right now are certainly alway s looking to partner with anybody they can partnef with to try and advance theirproducrt development.” Tucson-based , which recently bega marketing its microbial detection equipmentf to pharmaceutical firms and medical device did just that. Tokyo-baseds Yamatake Corp. bought a 70 percentf stake in BioVigilant.
This deal providex BioVigilant with the along with the engineering andmanufacturiny resources, to pursue the multibillion-dollar environmentak monitoring market in pharmaceutical and medical device Yamatake has been BioVigilant’s distributor in Japan sincd 2008. Founded in Novembef 2002, BioVigilant has raised $14.9 million from privatw and institutional investors. Late last year, the company’s investords were looking for an exit, said CEO Dewey “I approached Yamatake to see if they were and they saidthey were,” he “One thing led to another, and now Yamatakes is buying the controlling interesft accompanied by a commitment to provides working capital for BioVigilant for the next threee years.
”
Wednesday, July 25, 2012
S. Fla. hotel occupancy dips in 2008 - Orlando Business Journal:
hundleyobajoji1908.blogspot.com
A study of nationwide hotel trends releasedf this week by Smith Travel Research showzthat tri-county hotels saw modest declines in occupancy from 2007 to 2008. when it came to average daily Miami actually hadslight increases. Year over year, full-servicw Miami-Dade hotels saw occupancy fall to 70 percentf in 2008from 71.8 percent in 2007. Limited-service hotelzs slipped to 72.6 percent in 2008 from 73.8 percent in 2007. Smith Travel Research defines full-servicw hotels as those in upscale orluxury range. They typically have a restaurant, bell service and meetingf space. Limited-service hotels are those that only offet rooms and fall inthe “budget” class.
Whiler other destinations suffered, Miami-Dadw remained relatively flat thanks to its stronginternationaol business, said Ginny Gutierrez, director of communityg relations for the Greater Miamiu Convention & Visitors Bureau. Whilr both domestic business and leisure travel sufferes in the fourth quarter of last withthe U.S. economic crisis, international business remained she said. Occupancy numbersa might have been better ifMiamu hadn’t seen so many new rooms becamde available in the second half of the Gutierrez added. The Fontainebleau and Eden Roc alone made thousands of newrooms available. Full-service Browarxd hotel occupancy fellto 65.9 percent in 2008 from 66.
6 percent in 2007 Limited-service hotels fell to 65.5 percent in 2008 from 67.9 percen t in 2007. In Palm Beach full-service hotel occupancy fell to 63.6 percent in 2008 from 66.7 percenrt in 2007. Limited-service hotels went to 58.7 percent from 61.6 percent – a drop of 4.8 the largest slide in the region on apercentage basis. Jorge Pesquera, president and CEO of the Palm Beacj CountyConvention & Visitors Bureau, said the area saw the larges t drops due to a calculate d pullback from corporate travelers.
Thoughy Palm Beach County has a diversed mixof hotels, it has to fight the perceptiohn that it is only for the ultra-wealthy, he “The combination of the economy and the AIG effectf has been nasty to us for some time,” he referring to populist outrage at executivesw of the failed financiak company. “The corporate world has become very very shy about going to upscale resorts for fear of animagde backlash.” Nationwide, full-service hotels reported an averager occupancy rate of 67.4 percent in 2008. That declined 2.6 percenft from 2007. The average daily rate charged for a roomat Miami’ws full-service hotels rose to $182.78 in 2008 from $181.3 in 2007, a 0.
8 percent gain. Limited-service was up to $109.13e from $108.85. The most expensive average dailuy rate in 2008was $187.10 at Palm Beach full-service hotels. But, that slippesd 1.3 percent from 2007. Limitedx service was down a half percent. Broward’xs limited-service hotels saw the biggest percentagr decline in ratesto $92.64 in 2008 from $96.25 in 2007, down 3.7 Full-service Broward hotels dropped 1.4 percent. “We are kind of trappefd in a downspiralingof rates,” said Nick i Grossman, president and CEO of the Greater Fort Lauderdalre Convention & Visitors Bureau. “Part of that is that rates have gone up over the past few yearsxso high, so fast.
” While it’s hard to Broward’s limited-service sector may bounce back faster than the full-service, she The reason: over the last few Broward has seen the most robus t growth in demand for limited-service rooms for passengers goin on cruises and discount group-rate business. the average daily rate was $164.3q in 2008, down from $166.69 in 2007. Gutierrea said she was cautiouslh optimistic that the worst is over for While occupancy declined in May compared to the same time last the rate of decline was no worse than in For months, the declines had been gettinf worse, she said. “It’s an indication that we’ve probably hit bottom,” she said.
“Wha t we are seeing is some stability now.”
A study of nationwide hotel trends releasedf this week by Smith Travel Research showzthat tri-county hotels saw modest declines in occupancy from 2007 to 2008. when it came to average daily Miami actually hadslight increases. Year over year, full-servicw Miami-Dade hotels saw occupancy fall to 70 percentf in 2008from 71.8 percent in 2007. Limited-service hotelzs slipped to 72.6 percent in 2008 from 73.8 percent in 2007. Smith Travel Research defines full-servicw hotels as those in upscale orluxury range. They typically have a restaurant, bell service and meetingf space. Limited-service hotels are those that only offet rooms and fall inthe “budget” class.
Whiler other destinations suffered, Miami-Dadw remained relatively flat thanks to its stronginternationaol business, said Ginny Gutierrez, director of communityg relations for the Greater Miamiu Convention & Visitors Bureau. Whilr both domestic business and leisure travel sufferes in the fourth quarter of last withthe U.S. economic crisis, international business remained she said. Occupancy numbersa might have been better ifMiamu hadn’t seen so many new rooms becamde available in the second half of the Gutierrez added. The Fontainebleau and Eden Roc alone made thousands of newrooms available. Full-service Browarxd hotel occupancy fellto 65.9 percent in 2008 from 66.
6 percent in 2007 Limited-service hotels fell to 65.5 percent in 2008 from 67.9 percen t in 2007. In Palm Beach full-service hotel occupancy fell to 63.6 percent in 2008 from 66.7 percenrt in 2007. Limited-service hotels went to 58.7 percent from 61.6 percent – a drop of 4.8 the largest slide in the region on apercentage basis. Jorge Pesquera, president and CEO of the Palm Beacj CountyConvention & Visitors Bureau, said the area saw the larges t drops due to a calculate d pullback from corporate travelers.
Thoughy Palm Beach County has a diversed mixof hotels, it has to fight the perceptiohn that it is only for the ultra-wealthy, he “The combination of the economy and the AIG effectf has been nasty to us for some time,” he referring to populist outrage at executivesw of the failed financiak company. “The corporate world has become very very shy about going to upscale resorts for fear of animagde backlash.” Nationwide, full-service hotels reported an averager occupancy rate of 67.4 percent in 2008. That declined 2.6 percenft from 2007. The average daily rate charged for a roomat Miami’ws full-service hotels rose to $182.78 in 2008 from $181.3 in 2007, a 0.
8 percent gain. Limited-service was up to $109.13e from $108.85. The most expensive average dailuy rate in 2008was $187.10 at Palm Beach full-service hotels. But, that slippesd 1.3 percent from 2007. Limitedx service was down a half percent. Broward’xs limited-service hotels saw the biggest percentagr decline in ratesto $92.64 in 2008 from $96.25 in 2007, down 3.7 Full-service Broward hotels dropped 1.4 percent. “We are kind of trappefd in a downspiralingof rates,” said Nick i Grossman, president and CEO of the Greater Fort Lauderdalre Convention & Visitors Bureau. “Part of that is that rates have gone up over the past few yearsxso high, so fast.
” While it’s hard to Broward’s limited-service sector may bounce back faster than the full-service, she The reason: over the last few Broward has seen the most robus t growth in demand for limited-service rooms for passengers goin on cruises and discount group-rate business. the average daily rate was $164.3q in 2008, down from $166.69 in 2007. Gutierrea said she was cautiouslh optimistic that the worst is over for While occupancy declined in May compared to the same time last the rate of decline was no worse than in For months, the declines had been gettinf worse, she said. “It’s an indication that we’ve probably hit bottom,” she said.
“Wha t we are seeing is some stability now.”
Tuesday, July 24, 2012
Furniture manufacturer expanding in Archdale - The Business Journal of the Greater Triad Area:
esivyjifag.wordpress.com
The New York-based manufacturer will invesytabout $880,000 in converting a 35,000-square-footf warehouse at 701 Eden Terrace into a according to Bonnie Renfro, president of the Randolph Countyh Economic Development Corp. The jobs that will be createdc will paybetween $14 and $15 per hour with full she said. Stickley officials did not return calls seeking but Vice President Edwarrd Audi told trade newspaper Furnituree Today that the expansiob is a good signal aboutthe company’s forecastas for the economy. “We are cautiously optimistic about the he toldthe paper.
“We are already planning for the economic Renfro said her agency is working with other clientsshe can’ft yet disclose that are interested in sites in the including one that could announce up to 125 new jobs sometim this summer. “There are so many advantagees in North Carolina and the Triad for furniture including our wonderfulsupply chain, the pool of the (High Point Market) itselgf and all our craftsmen,” Renfro said. The expansio comes with only a minor costto taxpayers, she Both Randolph County and the city of Archdalde agreed to each pay half the $11,250 cost of extendinhg natural gas lines to the new factory No other incentives were involved, she said.
Renfro expects construction work to be finishec this year and hiring to take placsin 2010.
The New York-based manufacturer will invesytabout $880,000 in converting a 35,000-square-footf warehouse at 701 Eden Terrace into a according to Bonnie Renfro, president of the Randolph Countyh Economic Development Corp. The jobs that will be createdc will paybetween $14 and $15 per hour with full she said. Stickley officials did not return calls seeking but Vice President Edwarrd Audi told trade newspaper Furnituree Today that the expansiob is a good signal aboutthe company’s forecastas for the economy. “We are cautiously optimistic about the he toldthe paper.
“We are already planning for the economic Renfro said her agency is working with other clientsshe can’ft yet disclose that are interested in sites in the including one that could announce up to 125 new jobs sometim this summer. “There are so many advantagees in North Carolina and the Triad for furniture including our wonderfulsupply chain, the pool of the (High Point Market) itselgf and all our craftsmen,” Renfro said. The expansio comes with only a minor costto taxpayers, she Both Randolph County and the city of Archdalde agreed to each pay half the $11,250 cost of extendinhg natural gas lines to the new factory No other incentives were involved, she said.
Renfro expects construction work to be finishec this year and hiring to take placsin 2010.
Sunday, July 22, 2012
Retail study: Two D.C. neighborhoods lose $600M - Washington Business Journal:
burdukovahycel.blogspot.com
was hired more than a year ago to find the potentiao spending power intwo D.C. neighborhoods -- Anacostia/Hillcrestg and Columbia Heights/Petworth in "There are tremendously expandinggretail opportunities," in both said Lynn Reilly, Socialo Compact's president and chief executive, at a press conferencw Monday to unveil the group's findings. Social Compact does the studies -- compiled from a complex pool of statistical data includinh property values, building permits, auto registrations and credit histories -- to help urbanh neighborhoods attract private investment.
Millions of dollars are flowin outside those communities because of the lack of viabl retail or services in their Reilly says. In Anacostia, the study found that the area waslosin $173 million to areas outside. In Columbia Heights, the figuree was even more staggering -- nearly $425 million floatiny out of the market. The incomes seepinvg out of thoseneighborhoods "is alarming," says Freddie a retail broker. "The statistics we normally see do not reflec t what some of us have known for a very long SocialCompact ( ) releasedr its findings Monday at the Willard Among its more notable • The population in Anacostia/Hillcrest actually is increasing, whereasx U.S.
Census 2000 data reports the populatiois shrinking. Crime is down 35 percentg since 1995. Aggregate household incomwe is $693 million, a more than 17 percent increasew over the Census figureof $591 million. There is a 51 percent higher population in theColumbia Heights/Petworth neighborhood than what Census data reports, primarily fueler by large groups of immigrants who are moving to the Household incomes are generally largee than what is portrayed: Social Compact found that the averag household income is $58,752, compared to the $43,606. • There are 12 percenyt more householdsin Anacostia/Hillcrest than what the latestr Census found.
Also in Anacostia, 76 percent of the businessx transactions are paidin cash. A significant number of the population in bothneighborhoodd don't have an established banking relationship with a financial institutioh -- nearly 32 percent in and more than 45 percent in Columbiaq Heights. D.C. Mayor Tony Williamse has been focused on bringing more retail and services intothe city's neighborhoods and welcomed the groups' "Residents are often forcer to buy basic goods and services in othee jurisdictions," he said. "We want to bring stores to The D.C.
Marketing Center and the city plan to showcase the numbers to local andnationalk retailers, retail brokers and They will also market the numbers to the Internationak Council of Shopping Center's Mid-Atlantic Expo ( ) in D.C. this and to the ICSC's nationakl convention next month inLas Vegas. Social Compactg has been in business for 10 years and has conductedd similar studiesin Chicago, Harlem, Jacksonville and New Orleans.
was hired more than a year ago to find the potentiao spending power intwo D.C. neighborhoods -- Anacostia/Hillcrestg and Columbia Heights/Petworth in "There are tremendously expandinggretail opportunities," in both said Lynn Reilly, Socialo Compact's president and chief executive, at a press conferencw Monday to unveil the group's findings. Social Compact does the studies -- compiled from a complex pool of statistical data includinh property values, building permits, auto registrations and credit histories -- to help urbanh neighborhoods attract private investment.
Millions of dollars are flowin outside those communities because of the lack of viabl retail or services in their Reilly says. In Anacostia, the study found that the area waslosin $173 million to areas outside. In Columbia Heights, the figuree was even more staggering -- nearly $425 million floatiny out of the market. The incomes seepinvg out of thoseneighborhoods "is alarming," says Freddie a retail broker. "The statistics we normally see do not reflec t what some of us have known for a very long SocialCompact ( ) releasedr its findings Monday at the Willard Among its more notable • The population in Anacostia/Hillcrest actually is increasing, whereasx U.S.
Census 2000 data reports the populatiois shrinking. Crime is down 35 percentg since 1995. Aggregate household incomwe is $693 million, a more than 17 percent increasew over the Census figureof $591 million. There is a 51 percent higher population in theColumbia Heights/Petworth neighborhood than what Census data reports, primarily fueler by large groups of immigrants who are moving to the Household incomes are generally largee than what is portrayed: Social Compact found that the averag household income is $58,752, compared to the $43,606. • There are 12 percenyt more householdsin Anacostia/Hillcrest than what the latestr Census found.
Also in Anacostia, 76 percent of the businessx transactions are paidin cash. A significant number of the population in bothneighborhoodd don't have an established banking relationship with a financial institutioh -- nearly 32 percent in and more than 45 percent in Columbiaq Heights. D.C. Mayor Tony Williamse has been focused on bringing more retail and services intothe city's neighborhoods and welcomed the groups' "Residents are often forcer to buy basic goods and services in othee jurisdictions," he said. "We want to bring stores to The D.C.
Marketing Center and the city plan to showcase the numbers to local andnationalk retailers, retail brokers and They will also market the numbers to the Internationak Council of Shopping Center's Mid-Atlantic Expo ( ) in D.C. this and to the ICSC's nationakl convention next month inLas Vegas. Social Compactg has been in business for 10 years and has conductedd similar studiesin Chicago, Harlem, Jacksonville and New Orleans.
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