Bond Capital Ltd. (Infill).Headquartered: Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. Top Regional Executive: Larry Bond Larry Bond (1952 - ) is the designer of the Harpoon and Command at Sea gaming systems and several supplements for the games. He is an accomplished author with numerous novels to his credit, including Dangerous Ground, Day of Wrath, The Enemy Within, , Chairman Year Founded: 1987 Summary: Bond's mixed-use development Mixed-use development refers to the practice of allowing more than one type of use in a building or set of buildings. In planning zone terms, this can mean some combination of residential, commercial, industrial, office, institutional, or other land uses. at Sunset and Vine broke ground last July and is scheduled to open in the second quarter of 2004. The 750,000 square foot building will house retail tenants on the ground floor with 300 loft-style apartment units above. The aim is to attract entertainment industry workers between the ages of 25 and 45. The project will have studios, one- and two-bedroom units. The retail portion, comprising 100,000 square feet, is expected to open by the end of the year and will house tenants including a reprised version of Schwab's Pharmacy, the heralded show biz meeting spot whose original location was at Sunset and Crescent Heights boulevards. Others include Bed, Bath and Beyond and Borders. "The shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into will open up 100 percent leased and we are bring in other boutique retail to make it a hangout hang·out n. Slang A frequently visited place. Noun 1. hangout - a frequently visited place haunt, stamping ground, resort, repair ," said Bond. The project originally was planned as a three-story retail center to be developed by Regent Properties. But after neighboring business owners filed lawsuits over parking rightsof-way, conunercial tenants dropped out and Bond Capital acquired controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail from Regent. The reconstituted project has a privately financed garage, while Regent had originally proposed using parking revenue bonds to fund the facility. The $125 million project is a partnership between Bond and several other investors, including HW Marketplace, Canyon-Johnson Urban Fund and the California State Teachers Retirement System. The firm is also working on a mixed-use project in Chinatown called Blossom Plaza that will have a cultural center, as many as 250 apartments and small retail shops. Construction is expected to start in 2004. Bond has built several mixed-use projects in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , and is working on a mixed-use project in the Palm Springs area. |
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