- Forest City Enterprises
Forest City Enterprises (nyse|FCEA, nyse|FCEB) is a $9-billion diversified
real estate management and development company based inCleveland, Ohio . Its portfolio includes interests in retail centers, apartment communities, office buildings and mixed-use projects in the U.S. The company has recently expanded into military housing communities [ [http://forestcity.net/about.asp Forest City Enterprises] ] .History
Forest City was founded as a family-owned
lumber andhardware business in the 1920s by Charles, Leonard, Max and Fannye Ratner. In the 1930s, the company made its first foray into real estate, puchasing lots for commercial development and its firstapartment building.During
World War II , the company made pre-fabricated houses for government housing and began buildingstrip malls . In 1955, Forest City began converting its lumberyards, Forest City Lumber into do-it yourself home stores.In 1960, Forest City became a publicly traded company. In the 1980s, the company began divesting of its non-core real estate holdings. The company sold its retail lumber business to
Handy Andy Home Improvement Center in 1987. [ [http://forestcity.net/about_history.asp Forest City Enterprises] ] .Projects
Projects developed or under development by Forest City include [ [http://forestcity.net/projects.asp Forest City Enterprises] ] :
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Mesa del Sol , convert|18000000|sqft|m2 of office and industrial space, 23,000 new jobs, 37,500 homes for 100,000 residents, convert|5300|acre|km2|0 for parks and open space, and numerous schools and ongoing education facilities located inAlbuquerque, New Mexico and co-owned byCovington Capital .*
Westfield San Francisco Centre , an upscale, urban shopping center located inSan Francisco, California and co-owned and managed byThe Westfield Group .*
Northfield Stapleton is an open-air, convert|1200000|sqft|m2|sing=on retail town center located at the company'sStapleton International Airport mixed-use redevelopment project inDenver ,Colorado .*
Atlantic Yards , a controversial mixed-use development inBrooklyn, New York . This project includesBarclays Center , a new home for theNew Jersey Nets , anNBA basketball team owned by the company.*
New York Times Building , a 52-story building designed by architectRenzo Piano .*
Tower City Center , a mixed-use urban redevelopment project that transformed the mostly-vacant Union Terminal building inDowntown Cleveland into a mall, transit, office, and hotel structure.*
Station Square , a 52 acre indoor and outdoor shopping, dining and entertainment complex located inPittsburgh, Pennsylvania .*
University Park at MIT , a mixed-use urban redevelopment project located on an abandoned industrial site near theMassachusetts Institute of Technology inCambridge, Massachusetts .* Central Station, a primarily residential development on the site of a former railroad terminal in
Chicago, Illinois .*
Mercantile Bank Building , a mixed-use urban redevelopment project of a historical office complex inDallas, Texas .* Victoria Gardens, a mixed-use shopping center development in
Rancho Cucamonga, California .References
External links
* [http://www.forestcity.net/ Forest City Enterprises]
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