Target, the shopping center's anchor, represents only a sliver of The Dunes' first-phase profits. The money that MCP receives from its leases with businesses like Kohls and REI hasn't yet been reported to the Assessor's Office. The shopping center is valued at $16.2 million, says LarryDowning, real estate appraiser for the Assessor's Office. In all, Downing estimates the project's first phase is worth more than $60 million-10 times Marina's negotiated land price.
Downing appraised The Dunes' first phase in August 2006 after the Assessor's Office recorded the land transfer from the Marina Redevelopment Agency to MCP's property management arm. The appraisal was done after MCP had removed numerous old barracks and made other improvements to the land. (The developer has spent $35 million o...
LONDON - Prime Minister David Cameron turned to a new recruit Tuesday to help fend off his foes - an ally armed with whiskers, claws and sharp teeth.
Larry, a 4-year-old tabby cat, arrived at his new home at 10 Downing St., tasked with warding off a pack of rats seen scuttling close to the British leader's official residence.
Larry Carroll and Dierdre Downing-Jackson hosted this inspirational evening that also honored LeVar Burton with EYM's 2007 Golden Apple of Hope Award. Kenneth Bentlee of Nestle Corporation received EYM's Humanitarian of the Year Award.
Photo courtesy of Peter Barta
St. Jude Children's Research Hospital administration and Hitachi, Ltd. officials recently commemorated the installation of new technology to treat childhood cancers with proton therapy through a traditional Japanese cask-breaking ceremony known as "Kagami Wari." Breaking open the circular lid using large wooden mallets are Hitachi officials Akira Maeda, Japan; Fumito Nakamura, Japan; Dr. Thomas Merchant, chief of Radiation Oncology at St. Jude; Kenji Nakamura, Hitachi America Ltd.; Dr. William E. Evans, St. Jude director and CEO; Dr. Larry Kun, clinical director and EVP, Department of Radiological Sciences chairman at St. Jude; Dr. James Downing, scientific director and EVP, Deputy Director at St. Jude.