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Operator Good day, and welcome to The Macerich Company first-quarter 2021 earnings call. Today s conference is being recorded. At this time, I d like to turn the conference over to Ms. Jean Wood, vice president of investor relations. Please go ahead. Vice President of Investor Relations Thank you for joining us on our first-quarter 2021 earnings call. During the course of this call, we will be making certain statements that may be deemed forward-looking within the meaning of the safe harbor of the Private Securities Litigation Reform Act of 1995, including statements regarding projections, plans or future expectations. Actual results may differ materially due to a variety of risks and uncertainties set forth in today s press release and our SEC filings, including the adverse impact of the novel coronavirus, COVID-19, on the U.S. regional and global economy and the financial condition and results of operations of the company and its tenants. ....
Apple to expand in Boulder Apple will add 700 jobs in Boulder as part of a $430 billion investment in the U.S. Courtesy Apple Apple will expand to 700 jobs in Boulder as part of a nationwide investment of $430 billion in U.S. projects and addition of 20,000 new jobs nationwide over the next five years. Boulder Economic Council executive director Scott Sternberg called the tech giant’s move “great news for Boulder” and credited the region’s higher-education and federally funded research institutions with fostering an innovative business ecosystem in which Apple wants to invest. The announcement constitutes an increase in Apple’s previously announced five-year U.S. investment goal of $350 billion, an announcement made in December 2018. ....
Local developer under contract to buy part of Five Points Greyhound property BusinessDen file photos) A Glendale-based development firm that recently underwent a generational leadership change is under contract to purchase a portion of Greyhound’s real estate holdings in Five Points. Corum Real Estate Group President Eric Komppa told BusinessDen Wednesday that his firm expects to close on the 1.15-acre 2420 Arapahoe St. parcel and the 0.54-acre 2301 Curtis St. parcel toward the end of the year. Eric Komppa The undeveloped fenced-in lots, at the edge of what is considered Curtis Park, are separated by an alley, and currently used by Dallas-based Greyhound to park buses. ....
BOULDER Macy’s Inc. (NYSE: M) won approval Tuesday night for the final piece of it’s effort to move forward with it’s long-planned redevelopment of its store in the Twenty Ninth Street shopping area. The Boulder City Council, as part of its consent agenda, voted to accept a $3 million donation to its affordable housing fund. Macy’s offered to make the payment rather than include affordable housing units in its redevelopment plans. Through a process of “adaptive reuse,” Macy’s, with help from Corum Real Estate Group Inc. and Trestle Strategy Group, plans to morph the store into a three-story, roughly 155,000-square-foot office building with about 7,700 square feet of retail space on the ground floor. ....
Philadelphia in black and white: Fascinating historical photographs of the city when it was called the Workshop of the World reveal its people, row houses, shops, saloons and streets from the 1890s to 1910 From around the late 1800s to 1920, Philadelphia was known as the Workshop of the World due to the many things - from cigars to steel ships - it produced. Many moved to the city to work in its factories and mills The population rapidly grew and this fueled a building boom. Over 6,500 homes were being built each year in a period covered in a new book, City of Neighborhoods: Philadelphia, 1890–1910 by Joseph Minardi ....