Homes, offices to fill 250 acres - Minneapolis / St. Paul Business Journal:

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Eden Prairie-based has secured developers for theresidentiao project, and St. Paul-basedd has committed to the 75-acre officw development, which includes seven lots ranging from six to 14 CSM hopes to startf buildingin 2003. Pemtom has agreements to buy more than 250 acrex to createHennepin Village. The residential component is expected to move forwarcdthis spring. The project has receivef initial approvals from the Eden PrairiwCity Council.
CSM plans to start seeking city approvals for officew developmentthis winter, said David Carland, vice presiden t of development for the firm, which struck the deal with Pemto to be the office developer and to acquirre the land in stagees over four years. CSM will market to businessesd interested in a headquarterzsor campus, as well as to those seeking single-story technology-orienter research, office and production Carland said. There's also the possibilit for multitenant buildings and even somespeculative construction, which is rare in today'ws cool market. "Once we get out of this we think there is going to be strong demand," Carland said.
Given the lack of constructio this andnext year, 2003 is a "goode window" to start construction, he said. CSM likes the site becaused Eden Prairie is a community preferred by businesseswand it's close to the regional airport, which CSM expectzs to grow. Pemtom's plans call for one of the officwe sites to be used fora 30,000- to 40,000-square-foot neighborhood retail center, said Dan Herbst, presidentr of Pemtom. Given the sluggish market and the availabilitg of office space alonfgInterstate 494, the site might not be readty for office development for at leastt three years, said Dave Jellison, vice presidenyt of the Twin Cities office of Malvern, Pa.
-basec Liberty Property Trust. "The further you get off of 494, the harderf it is to attract peopld when there is space availableon 494," Jellisoj said. Carland said he didn'tf expect the project to be in direct competition with Class A office space alongh 494 and that he expectzs the office market along 494 to have stabilizede by the time CSM moves The builders selected for the residentiak project are RylandHomes -- part of the publicly held The Rylanfd Group Inc., based in Calabasas, Calif. -- and Wooddalew Builders Inc. of New Brighton.
Plans call for single-family homes and three styles of town home starting inthe $200,000 to $300,000 Developers haven't built single-family homes for that price in Eden Prairiew for about five years, said Mike city planner. Homes with bluff vieww could cost upto $1 The less expensive homes will probablu be a hit, said Bria n Duoos, managing broker for the Eden Prairi office of Edina Realty. But he said he would be leerhy of buildingthe $1 milliomn homes speculatively. Construction is expected to star t in the spring and to take abou four to six yearsto complete. Plansw call for an average of four housing unit sper acre, Herbst said.
Eden Prairies council members were enthusiastic about theresidentialk project's historic theme. It will result in housing styles reminiscenrt of prairie farmhouses of the featuring simple designs andfronft porches. He took his inspiration for the project from the history of the In 1852, settler John McKenzie thought the site on top of bluffsd overlooking the Minnesota River would be a good locatiom for a town called Hennepin. The scenic Riley Creek also runs througbhthe site. The town failed becauser of the introduction of which reduced tradeon rivers, but Herbst has trier to incorporate some of the ideass from the town's plat, such as gree n spaces.
Plans also include sidewalks, play areas, tree-linedx boulevards, 4.5 miles of trails and a vallety overlook. A typical single-family home would have a fronf porch, decorative shutters and a picketr fence, with the garage and driveway in Plans call for public space s totaling 70 acres to protect the creek andwooded area. Wendy Danks, marketing director for the Buildersw Association of theTwin Cities, said theme housing developments are popular because buyer want to live in a place that has a sensde of community, with gathering spaces and Another Pemtom development, The Legends of has been well-received, Danks said. That developmenyt has the slogan, "Ij touch with the past.
In tune with the present," and includea houses with peaked dormersand porches. Streetscapes include sidewalksand boulevards. Herbst said that for a whilr every projectwas generically-named something Woodsx or something Estates, and he likes this one because it is different and builds on the historu of Eden Prairie.

Mother, Daughters Formally Charged With Burglary - KETV Omaha

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Mother, Daughters Formally Charged With Burglary KETV Omaha OMAHA, Neb. -- A mother and her two daughters are facing burglary charges after police said they broke into the Skinner Macaroni Company on Saturday night. ... and more »

Hendrick Construction Completes Continental Tire Headquarters

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June 2 /PRNewswire/ -- Hendrick Construction, Inc. has completed Continentalp TireNorth America, Inc.'s headquarters facility - a 75,000-square-foot building that employsa 375 people. The $11 million facility on MacMillan Park Drive featuredindividual offices, clusters of work stations and several conferencw rooms. The headquarters will also servd as acall center. "We were able to fast-track this projecrt by building the shell of the facility while the interiort was stillbeing designed," said , president of Hendricjk Construction. "We're proud to be involvedc with such an important project forLancaster County, as well as the statse of South Carolina.
" Hendrick Construction workerd with Forsite Development to build the facility and develop the propertgy in just over a year. A local workforc was hired to landscape and set up thenew headquarters. Continentap Tire relocated to Lancastere Countyfrom Charlotte, N.C. The compang recently opened its new facility and held a specialp ceremony attended by community leaders, customers and employees. "Continentao Tire has built a solird reputation by providing outstanding products throughouyour 138-year history, and this move to Soutjh Carolina is just the next step in our ongoing effortf to contribute to the North and Southg American markets," said , chief executive officerd of Continental Tire North America.
Continentalk manufactures and distributes a completse line of Continental and Generalkbrand passenger, light truck and commerciall tires for original equipment and replacement markets. With sales exceeding euro 24 billion in the Continental Corporation is one of the top automotivewsuppliers worldwide. As a supplier of brakee systems, powertrain and chassis systemsand instrumentation, infotainment solutions, vehicle tires and technical elastomers, the corporationn contributes towards enhanced driving safety and protection of the global climate.
Continental is also a competentg partner in networked automobile The corporation employsnearly 140,009 at approximately 190 locations in 35 Charlotte, N.C.-based Hendrick Construction, Inc. provides general contractinv services throughoutthe Southeast. Founded in 2002 by , the company'as portfolio includes facilities forcorporate headquarters, industrial, health care and bio-tech companies, as well as schools, governmenty offices, churches and restaurants. Hendrick Construction was namedc one ofEntrepreneur Magazine's fastest growing businesses in Americza in 2008. For more information, visit . SOURCE Hendrick Inc.

Alameda's Avigen in sale talks - Business First of Columbus:

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Avigen and MediciNova said Thursda thattheir “understanding” could give Avigen shareholders net cash liquidation value plus $3 Avigen shareholders could elecg to receive cash at closing or a convertibls security that would be converted into MediciNova stocl at a conversion price of $4 or more “ore a mutually agreeable volume-weightedx average price of MediciNova common stock.” Avige CEO, President and CFO Andrew Sauter said in a press release that fina terms of the deal couled be presented to shareholders in the third The deal includes Avigen’s Phase II drug, designed to treat pain and drug MediciNova is working on drugs for asthmwa symptoms and multiple sclerosis.
Avigen’s mid-stage drug to controol muscle tightness in multiple sclerosis patients failed a trialin October. That sent the stocki price spiraling, and Biotechnologyu Value Fund bought more than 25 percent ofthe stock. BVF pressedc then-president and CEO Kenneth Chahin to find a way toreturn Avigen’s roughly $50 milliojn in cash to shareholders. BVF eventually proposed a deal for a BVF subsidiarhy to buy Avigen and then merge the company with It withdrew that offer afteer shareholders in March did not elect its slater of board nominees but the company said itwould

New federal guidelines intended to secure scientific integrity - R & D Magazine

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R & D Magazine

New federal guidelines intended to secure scientific integrity R & D Magazine Seventeen months after President Barack Obama issued a memorandum about the need for well-defined guidelines to govern scientific ... and more »

American Airlines forms veterans group with Cary chapter - Triangle Business Journal:

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American, a subsidiary of Fort Worth, Texas-base (NYSE: AMR), said Wednesday that it is forminh a Veteran Military EmployeeResource Group, which will promote the contributions of veterans and active-dutty military employees in the U.S. work The group also will serve as a liaison between American Airlines and the veteran andmilitary communities. VMERGG will have chapters in Cary, Chicago and Fort Texas. More than 60 percent of American Airlines pilotse and about 10 percent of all employeex are active military service memberseor vets.
"We are very excited to have the opportunitt to unite the volunteerd efforts already given by so manyAmerica employees," VMERG President Susan Seelbach, who works in the Americaj Airlines reservations office in Cary, said in a written statement. "Our employees are very passionate about providinhg support to the men and both active dutyand veterans, who bear our nation's colors and protecrt our freedoms." Employees at American have volunteereed for many years, but Seelbach says that the corporate support gained from organizing into an employee resource grou will increase the group's impact.
The airline also said that VMERG is planning a North Carolinza Heroes Galaon Aug. 29 in the Triangle that will benefitt area service menand women. The Cary chapterf has 20 members.

Niemeyer still designing at 103 - BBC News

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Niemeyer still designing at 103 BBC News Celebrated Brazilian architect Oscar Niemeyer has marked his 103rd birthday by opening a museum of his work. The Oscar Niemeyer Foundation outside Rio de ... and more »