Machinery Row apartment rehab work in Racine to start by early fall

Financial District Properties within the next four to five months hopes to start renovating vacant industrial buildings at the Machinery Row site in Racine into at least 160 apartments.

Also in Racine, an Illinois nursing facility operator purchased the Lincoln Village property and is planning a major overhaul.

Financial District Properties is gearing up to take on 720,000 square feet in two massive, vacant industrial buildings near the Root River on South Water Street. The project is a central…

The Week in Review: Nicole Kidman, RadioShack's new life and underground toll lanes

Business news in Dallas-Fort Worth is like a perpetual motion machine, constantly churning out something of interest in industries from airlines and technology, to real estate and urban highway planning. This past week was no exception. Here’s a recap of the week that was:

Airlines

The president of the union for American Airlines’ flight attendants wrote a letter to Oscar-nominated actress Nicole Kidman expressing the union’s displeasure with her appearance in an advertisement for Etihad, the Middle…

Editor's Take: Connecting dots on Toyota, Liberty Mutual; up next BRED, 40 Under 40

Let’s look back and connect some of the dots made during the week of March 30-April 4 and look forward to what’ll make headlines in the coming week.

How to do business with Toyota

In our weekly edition cover story, economic development reporter Bill Hethcock examines the question on the mind of many North Texas business owners: How can I do business with Toyota? It starts with building relationships with the planet’s largest automaker.

On Tuesday, Toyota hosts a sold-out networking fair for…

Bass Pro pedestrian bridge up in the air

Although Bass Pro Shops’ plans for the redevelopment of the Pyramid show a pedestrian bridge linking the Outdoor World to the Pinch District, the company says it has no plans to build a bridge.

In a statement from Public Communications Inc., the communications firm representing Bass Pro Shops, the company said, “Bass Pro Shops has no direct involvement in the plans or development of the bridge.”

Bass Pro said the City of Memphis is responsible for leading the planning process for any potential…

Done deal: Florida company closes on purchase of Starks Building

The Starks Building has been sold, according to a source close to the deal.

Business First has learned that Delray Beach, Fla.-based Hudson Holdings Co. closed on the sale of the 346,000-square-foot building at 455 S. Fourth St. in downtown Louisville yesterday. The company purchasedit from an affiliate of Santa Monica, Calif.-based Hertz Investment Group LLC for $14.25 million, according to the report.

Business First could not confirm the sale price with the Jefferson County Clerk’s Office Friday…