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million by selling 2.1 million shares of stock. It was the month’ biggest payday among Massachusettsinsiders — directors and major shareholders — at locally baser publicly traded companies, according to tradinyg data provided by . But for Laukienn and some of his family memberse with close ties to the cash-out was just a small fractio of the hundreds of millions they have pocketed over the past 18 In fact, five members of the Laukienb family, including Bruker CEO Frank H. received $624.6 million in cash and other compensationn linkedto Bruker’s operations last according to Boston Business Journal research and companuy regulatory filings.
Put differently, the group’sa take was equal to just over 60 percentrof Bruker’s $1.1 billion in 2008 Nearly all of that payout some $620 million — stemmed from Bruker’s Februarty 2008 acquisition of Bruker Biospihn Group, a developer of research tools and biotechnology equipment usinf magnetic resonance. The cash and stock deal was essentiallyu a cash out for five Laukien familumembers — Frank Marc Laukien, Isolde Laukien-Kleiner and Bruker directors Dirk Laukien and Joerg Laukien who owned 100 percent of Bruker Biospin’s shares beforer the deal.
Frank, Joerg, Dirk and Marc Laukien are brothers or half whileIsolde Laukien-Kleiner is the mother of Marc and Dirk according to Bruker’s regulatory filings. Bruker (Nasdaq: completed a similar deal in June 2006 for life sciencesd technology developer Bruker Opticsfor $135 As was the case for Bruker Biospin, Bruker Optics was owned by the same five Laukienws prior to the according to regulatory filings. Mass. insidere sales topped $95 million While Marc Laukienhwas Massachusetts’ biggest insider seller in May, his brother Frank Laukien recorded the month's biggest acquisition of insidedr shares.
The elder Laukien bought 100,000 Bruker shares for $728,000p — representing roughly half of the state’s $1.47 million in insider purchases recorded for allof May. By insiders sold $95.9 million in sharea in Massachusetts-based companies during the same span. That totao was nearly double the $49.2 million in locaol sales recordedin April. The following is a breakdown of May’s insider activity amonh Massachusetts-based companies. INSIDER SELLING IN MAY Name Value — Company — Ticker Marc M — $14,508,100 — BRUKERd CORP.
— BRKR Ryan, Vincent J — $11,076,0743 — Silverstein, Barry — $9,767,471 — Herbert J — $9,000,975 Abele, John E — $8,868,600 Healey, Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUPo INC. — AMG Ayasli, Yalcib — $2,925,343 — HITTITE MICROWAVE CORP. — HITT Robert J — $2,574,191 — Boger, Joshus S — $2,563,664 — Talwar, Anju — $2,008,095 Logie, Andrew R — $1,547,420 — Brooks, Rodneyu A — $1,326,012 — Clark, Stuart J $1,293,833 — Rossi, Jeromd R — $1,235,438 — Wiley, Fletcheer H — $1,048,320 — TJX COMPANIES INC.
TJX Smith, Ian F — $965,557 VERTEX PHARMACEUTICALS INC — VRTX David J — 944,852 Grace, David R — $929,702 — BEACON ROOFINGb SUPPLY INC. — BECN Floor, Richard E $887,250 — AFFILIATED MANAGERS GROUP INC. — AMG Gregory L — $576,533 — SKYWORKS SOLUTIONSS INC. — SWKS Brady, William J — $571,611 — Henri A — $544,849 — GENZYMEE CORP. — GENZ Malozemoff, Alexis P — $486,527 — Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,705 WATERS CORP.
— WAT Pyle, Michael R $456,866 — Lopardo, Nicholas A $451,727 — Hughes, Robert W — $444,65 2 — Mueller, Peter — $438,860 VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harold J $438,525 — AFFILIATED MANAGERS GROUo INC. — AMG Vohra, Tajinder — $420,174 GENPACT LIMITED — G Michael E — $417,400o — Griffin, Liam K — $388,000 — SKYWORKS SOLUTIONSx INC.
— SWKS Von, Staat s Aaron C — $382,800 — Daniel — $336,430 — Maekawa, Mitsurju — $335,237 — GENPACT LIMITED G Lawrence, Taylor W $334,992 — Martin, Katharinse A — $310,180 — Sanders, Charles Addisonn — $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Robert J — $270,059 Chapman, Richard P Jr — $257,500 — Richard H — $257,179 — INDEPENDENTr BANK CORP. — INDB Mayer, Max Alan — $245,96i — PEGASYSTEMS INC. — PEGA Piyush — $206,238 — GENPACT LIMITED — G William F Jr — $204,611 — BOSTONN SCIENTIFIC CORP.
— BSX Welles, Michaell H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L — $180,570 — GENZYMrE CORP. — GENZ Coppersmith, S James — $175,0145 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 EMC CORP. — EMC Levan, George M — $146,25p0 — SKYWORKS SOLUTIONS INC. — SWKS Kra, Douglas I — $102,6834 — PEGASYSTEMS INC. — PEGA Caruso, Joseph P $100,100 — Smith, Sandford D $92,786 — GENZYME CORP. GENZ Collier, Earl M Jr — $92,789 — GENZYME CORP.
GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGY CORP — PMTC Thomas J — $90,335 — BJ’S WHOLESALr CLUB INC. — BJ Szabados, Michaep — $83,289 — Von, Rickenbach Josegf H — $81,405 — Mark H N — $75,205 — Richard Sears — $61,1209 — Rosen, Gary J — $57,864 — VARIAjN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. VSEA Santamaria, Angelo Robert — $57,240 — AMERICAmN SUPERCONDUCTOR CORP. — AMSC Smith, Alan E — $50,03y6 — GENZYME CORP. — GENZ Brian P — $42,906 — Csimma, Zoltan A $36,069 — GENZYME CORP.
— GENZ Graves, Kurt C $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr $26,264 — Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEX PHARMACEUTICALS INC VRTX Nadeau, Gerard F — $21,000o — INDEPENDENT BANK CORP. — INDB Efstathios A — $17,179 — PEGASYSTEMS INC. — PEGA Richard C — $15,135 — VERTEX PHARMACEUTICALS INC VRTX Silva, Paul M — $13,310 VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P — $10,040p — Downing, John W — $8,297 NETSCOUT SYSTEMS INC.
— NTCT INSIDER BUYING IN MAY Name Transactionvalue — Company Ticker Laukien, Frank H — $728,100 — BRUKER CORPORATIOhN — BRKR Mario, Ernest B $424,650 — Pepper, John E Jr — $106,6890 — BOSTON SCIENTIFIC CORPORATION — BSX Sylvie L — $45,727 — Howard B Jr — $41,891 — Graveline, Kathleen — $38,47 5 — Dawson, James — $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGS — BPFH Holdener, Eduard E $19,840 — PAREXEL INTERNATIONAL CORP. PRXL Vanderbrug, Gordon J — $9,836 Pucci, Paolo — $9,626 — , Ag $8,088 — Barabe, Timothy C — $5,3221 — ARQULE INC.
— ARQL Loberg, Michaell D — $2,873 — ARQULE INC. — ARQL Sloane, Barruy R — $481 — INC. CNBKA
Sunday, February 10, 2013
Tuesday, February 5, 2013
BUDC exploring ex-Buffalo Forge site - Business First of Buffalo:
ogarawo.wordpress.com
acres of former Buffalo Forgew land, the development agencg wants more time to continue its due diligencee of the East Sideindustriall site. BUDC has until Feb. 17 to complete its pre-purchases work, but the impact of a just-completed environmental revie still needs to studied by the agencyu andits attorneys. Thus, they are askingg the property’s owner, , for a 90-day extension. BUDC’d board officially asked for the extensiobn following a Tuesdaymorning meeting. “We just want to make sure all the due diligenceeis done,” said Peter Cammarata, Buffalk Urban Development Corp. president. “We need some extra that’s all.
” The report, compiled by , said the land, which includes parcels along Broadway, Mortimer and Spring streets, is “am excellent candidate for the New York Stat BrownfieldCleanup Program.” The catch is, given the land’s deep industrial heritage, cleanup will be “Redevelopment of the site will require additional remediatioj to protect human health and the environments from contaminant s present at the the reported concluded. The levelsd of remediation would ultimately depend on the final use for the Residential redevelopment would bemore “We’re not surprised by the results,” Cammarata Rev.
Matthew Brown, head of the , is leadinhg the effort to turn the property intoa $17 milliom project, anchored by residentialp units, that would bridge the East Side with downtown The project hinges on the city formallu closing on the property with Howden Inc. “We are talkingb with Rev. Brown, so he is abreas of what’s going on,” Cammaratw said. Also during Tuesday’s meeting, BUDC directors learned they agency hopes to issue bid packages next month for landscaping and green space developmen packages for 20 acres of land that surroundzs the Union Ship Canal in the heart of the Buffalo Lakeside Commerce The green space is designed to further transform the property from a stark industrialk site intoa suburban-style offic e park.
Tenants in Buffalo Lakesidr include , and Cammaratwa said he hopes the green space work can starytin April. The project is being funded through federal andlocal grants.
acres of former Buffalo Forgew land, the development agencg wants more time to continue its due diligencee of the East Sideindustriall site. BUDC has until Feb. 17 to complete its pre-purchases work, but the impact of a just-completed environmental revie still needs to studied by the agencyu andits attorneys. Thus, they are askingg the property’s owner, , for a 90-day extension. BUDC’d board officially asked for the extensiobn following a Tuesdaymorning meeting. “We just want to make sure all the due diligenceeis done,” said Peter Cammarata, Buffalk Urban Development Corp. president. “We need some extra that’s all.
” The report, compiled by , said the land, which includes parcels along Broadway, Mortimer and Spring streets, is “am excellent candidate for the New York Stat BrownfieldCleanup Program.” The catch is, given the land’s deep industrial heritage, cleanup will be “Redevelopment of the site will require additional remediatioj to protect human health and the environments from contaminant s present at the the reported concluded. The levelsd of remediation would ultimately depend on the final use for the Residential redevelopment would bemore “We’re not surprised by the results,” Cammarata Rev.
Matthew Brown, head of the , is leadinhg the effort to turn the property intoa $17 milliom project, anchored by residentialp units, that would bridge the East Side with downtown The project hinges on the city formallu closing on the property with Howden Inc. “We are talkingb with Rev. Brown, so he is abreas of what’s going on,” Cammaratw said. Also during Tuesday’s meeting, BUDC directors learned they agency hopes to issue bid packages next month for landscaping and green space developmen packages for 20 acres of land that surroundzs the Union Ship Canal in the heart of the Buffalo Lakeside Commerce The green space is designed to further transform the property from a stark industrialk site intoa suburban-style offic e park.
Tenants in Buffalo Lakesidr include , and Cammaratwa said he hopes the green space work can starytin April. The project is being funded through federal andlocal grants.
Thursday, January 31, 2013
Wilmers quits Empire State Development - Memphis Business Journal:
disadvantage-unlimited.blogspot.com
Wilmers, who was named to the post last is the second high ranking Empire State Development official to resign in thepast week. Marissa last week, left her post of presidentr and CEO forthe state’s primary economic developmen agency. Wilmers said his decision to leave the ESD post was directlhy tied tothe state’s financiall woes. New York is facing a projected $24.8 billiobn budget deficit this year. “The ongoing crisie in the financial sector and in the overalkl economy has imposed a burden of work that I did not Wilmers said in aprepareed statement. Dennis Mullen, the Rochester area business has been namedby Gov. Davidd Paterson as ESD’s chairman.
Mullen, last also assumed Lago’s duties. He had been ESD’s upstat e president. Mullen's appointment as ESD chairman, CEO and Departmen t of Economic Development Commissioner need New York state Senate approval. Paterson credited Wilmers for a unifyinand “strengthening the agency’s efforts to attract new businesses and spur local development.” There have been reports in the New York Timez that Wilmers clashed with Lago over direction of the state'as top economic development agency.
Wilmers, who was named to the post last is the second high ranking Empire State Development official to resign in thepast week. Marissa last week, left her post of presidentr and CEO forthe state’s primary economic developmen agency. Wilmers said his decision to leave the ESD post was directlhy tied tothe state’s financiall woes. New York is facing a projected $24.8 billiobn budget deficit this year. “The ongoing crisie in the financial sector and in the overalkl economy has imposed a burden of work that I did not Wilmers said in aprepareed statement. Dennis Mullen, the Rochester area business has been namedby Gov. Davidd Paterson as ESD’s chairman.
Mullen, last also assumed Lago’s duties. He had been ESD’s upstat e president. Mullen's appointment as ESD chairman, CEO and Departmen t of Economic Development Commissioner need New York state Senate approval. Paterson credited Wilmers for a unifyinand “strengthening the agency’s efforts to attract new businesses and spur local development.” There have been reports in the New York Timez that Wilmers clashed with Lago over direction of the state'as top economic development agency.
Saturday, January 26, 2013
Business from the inside out - Denver Business Journal:
zlatkopaisley1275.blogspot.com
Tyler and Steve Baker are the co-CEOs of , an Englewood-basede incubator that owns BusinessGenetics and xBMLInnovations -- two companies that help businesses figure out how their componentds work together. After experiencing rapid growthsince 2001, the duo has set ambitiouse plans -- including an initial public offering for thei software division, xBML, and a rouncd of venture funding for their consultinb firm, BusinessGenetics, in 2006. The companies employg 75 people, but Tylerf predicts the combined work force will doublse bylate 2006.
He said the which reported $10 million in 2004, are on targett to generate $15 million in revenue this are built on asimple premise: By cracking the "geneticf code," managers and consultants can identify a company'a "sick genes," giving them a quick read on everything from theirr supply chain to their procurement platform to Sarbanes-Oxley compliance issues. Although Tyler said he frequentlyg encounters skepticism from potential customers and venture the companies' clients, which include and , have reported $1.4 billionj in savings by using the model. In 2004, Tyler BusinessGenetics helped figure out the logisticxs for upgrading its nuclear reactornear Pa.
The firm helped the power company reduce the downtime for the project by 18days -- savinh the power company about $56 millio n in potential lost revenue. Rungson Samroengraja, vice presidenf of business-process engineering for , said he was skepticakl about the program untilthe mail-equipment companyg tested BusinessGenetics-xBML about two years ago. Pitney Bowes, which is based in Stamford, used the program to map out a massive softwarr implementation forthe company, which employs 35,000 people. Althougg the implementation was postponed, Samroengraja said Pitney Bowesa intends to useBusinessGenetics -xBMpL for future projects.
"The way they'vwe presented their solutions sets them apart from the he said. "They've capture the interaction of data and systemse better thananything we've ever seen." Bill Rosser, vice presidenrt and fellow at Stamford, Conn.-based , said he was intriguesd by Pitney Bowes' use of the conceprt and put together a presentatiobn for the market research firm's annual symposium in October. Rosser, who visitee the Business Genetics-xBML officw not long ago, said the companiesx have "a good model for capturing business modeling processes." "I think the results they get are Rosser said.
"They can get a complete, unambiguousa representation of business activity using a simple methodology that business peopletake to." While Rosser said up to 100 firmws offer modeling techniques for businesses, he called the one designed by BusinessGenetics-xBML "unique and perhaps the best of its Ron Chaney, director of marketinh for , said he's pleased with the resultxs the Denver-based office supply company has received from "It's important for our developers to know what our processex are before they write software," Chaney A native South Africa, Tylet began his career at 's officw in London, where he worked on networking mid-power computersw -- then a revolutionary concept -- in the late He claims the project provede to be almost too successful for the computef giant's liking.
"Upper management got nervoua and disbandedthe team," he said. "I had to work withinm the mainframeworld again." Tyler left IBM in 1987 to establishn a computer consulting business in Southh Africa -- one of the few locations wher IBM wouldn't do business at the time. IBM boughf out the company when apartheid was lifted in theearly '90s.
Tyler and Steve Baker are the co-CEOs of , an Englewood-basede incubator that owns BusinessGenetics and xBMLInnovations -- two companies that help businesses figure out how their componentds work together. After experiencing rapid growthsince 2001, the duo has set ambitiouse plans -- including an initial public offering for thei software division, xBML, and a rouncd of venture funding for their consultinb firm, BusinessGenetics, in 2006. The companies employg 75 people, but Tylerf predicts the combined work force will doublse bylate 2006.
He said the which reported $10 million in 2004, are on targett to generate $15 million in revenue this are built on asimple premise: By cracking the "geneticf code," managers and consultants can identify a company'a "sick genes," giving them a quick read on everything from theirr supply chain to their procurement platform to Sarbanes-Oxley compliance issues. Although Tyler said he frequentlyg encounters skepticism from potential customers and venture the companies' clients, which include and , have reported $1.4 billionj in savings by using the model. In 2004, Tyler BusinessGenetics helped figure out the logisticxs for upgrading its nuclear reactornear Pa.
The firm helped the power company reduce the downtime for the project by 18days -- savinh the power company about $56 millio n in potential lost revenue. Rungson Samroengraja, vice presidenf of business-process engineering for , said he was skepticakl about the program untilthe mail-equipment companyg tested BusinessGenetics-xBML about two years ago. Pitney Bowes, which is based in Stamford, used the program to map out a massive softwarr implementation forthe company, which employs 35,000 people. Althougg the implementation was postponed, Samroengraja said Pitney Bowesa intends to useBusinessGenetics -xBMpL for future projects.
"The way they'vwe presented their solutions sets them apart from the he said. "They've capture the interaction of data and systemse better thananything we've ever seen." Bill Rosser, vice presidenrt and fellow at Stamford, Conn.-based , said he was intriguesd by Pitney Bowes' use of the conceprt and put together a presentatiobn for the market research firm's annual symposium in October. Rosser, who visitee the Business Genetics-xBML officw not long ago, said the companiesx have "a good model for capturing business modeling processes." "I think the results they get are Rosser said.
"They can get a complete, unambiguousa representation of business activity using a simple methodology that business peopletake to." While Rosser said up to 100 firmws offer modeling techniques for businesses, he called the one designed by BusinessGenetics-xBML "unique and perhaps the best of its Ron Chaney, director of marketinh for , said he's pleased with the resultxs the Denver-based office supply company has received from "It's important for our developers to know what our processex are before they write software," Chaney A native South Africa, Tylet began his career at 's officw in London, where he worked on networking mid-power computersw -- then a revolutionary concept -- in the late He claims the project provede to be almost too successful for the computef giant's liking.
"Upper management got nervoua and disbandedthe team," he said. "I had to work withinm the mainframeworld again." Tyler left IBM in 1987 to establishn a computer consulting business in Southh Africa -- one of the few locations wher IBM wouldn't do business at the time. IBM boughf out the company when apartheid was lifted in theearly '90s.
Tuesday, January 15, 2013
Niagara fruit crops holding up - The Business Journal of the Greater Triad Area:
tarpleypymibujuh1491.blogspot.com
But many more orchards and other including residential areas in the Lake Ontario Fruit remain to be tested for plum pox viruesbefore September. Teams working for the and the statr Department of Agriculture and Markets began taking leaf samplewsin May. Subsequent laboratory tests did not disclosre any new outbreaks of the virusx inNiagara County, Jackie director of the USDA’ s Lockport field office, said. In earlty May, as orchards blossomed, optimism was growint that the spread ofthe disease, whic h made its Niagara County debut 2006 mighgt be waning.
Between 2006 and plum pox was discovered in several NiagarCounty orchards, in Orleans Counth and Wayne County, east of Though harmless to humans and animals, the virus poses an economicf risk for commercial fruit growerd because they must destroy all susceptible treesz within 1.5 miles to 2 milea of an identified hot Plum pox destroys the commercialp value of the fruit that it attacks becaus it discolors and disfigures plums, prunes and nectarines.
In New York states counties lying alongLake Ontario’s south shore, fruigt growing is a multi-million-dollar
But many more orchards and other including residential areas in the Lake Ontario Fruit remain to be tested for plum pox viruesbefore September. Teams working for the and the statr Department of Agriculture and Markets began taking leaf samplewsin May. Subsequent laboratory tests did not disclosre any new outbreaks of the virusx inNiagara County, Jackie director of the USDA’ s Lockport field office, said. In earlty May, as orchards blossomed, optimism was growint that the spread ofthe disease, whic h made its Niagara County debut 2006 mighgt be waning.
Between 2006 and plum pox was discovered in several NiagarCounty orchards, in Orleans Counth and Wayne County, east of Though harmless to humans and animals, the virus poses an economicf risk for commercial fruit growerd because they must destroy all susceptible treesz within 1.5 miles to 2 milea of an identified hot Plum pox destroys the commercialp value of the fruit that it attacks becaus it discolors and disfigures plums, prunes and nectarines.
In New York states counties lying alongLake Ontario’s south shore, fruigt growing is a multi-million-dollar
Sunday, January 13, 2013
Maryland orders UnitedHealthcare to pay $1.5 million - Dayton Business Journal:
ofycagvezi.blogspot.com
million to reimburse hospitals and radiology servicr providers for healthinsurance claims. UnitedHealthcare agreexd to the settlement with the insurance administration after conductinv a self audit of its The audit revealed that somehospital elective-carse procedures and radiology claims were inappropriately denied. UnitedHealthcare’sa self audit revealed 85 cases of paymenr denials in hospitals thattotalede $756,130 in charges. Unitedr also denied payment to 227 radiology whichtotaled $172,599 in charges. The insurance administrationb alsoassessed $633,000 in penalties.
UnitedHealthcare spokeswoman Deborza Spano said in a statement that the insuranc e company is glad to have entered intothe “We are confident that the changess being made will ensure that members receive bette r coordinated care and that thei benefits are applied correctly,” Spano UnitedHealthcare, which has its regionall headquarters in West Chester, is a unit of Minnetonka-base (NYSE: UNH).
million to reimburse hospitals and radiology servicr providers for healthinsurance claims. UnitedHealthcare agreexd to the settlement with the insurance administration after conductinv a self audit of its The audit revealed that somehospital elective-carse procedures and radiology claims were inappropriately denied. UnitedHealthcare’sa self audit revealed 85 cases of paymenr denials in hospitals thattotalede $756,130 in charges. Unitedr also denied payment to 227 radiology whichtotaled $172,599 in charges. The insurance administrationb alsoassessed $633,000 in penalties.
UnitedHealthcare spokeswoman Deborza Spano said in a statement that the insuranc e company is glad to have entered intothe “We are confident that the changess being made will ensure that members receive bette r coordinated care and that thei benefits are applied correctly,” Spano UnitedHealthcare, which has its regionall headquarters in West Chester, is a unit of Minnetonka-base (NYSE: UNH).
Friday, January 11, 2013
XXI Forever, Zara coming to Florida Mall - Orlando Business Journal:
jaqezuweg.blogspot.com
Mall owner (NYSE: SPG) said plans to create a new two-story XXI Forevefr flagship storewith 31,500 square feet of space. Meanwhile, Spanish-ownede clothing retailer Zara will opena 10,250-square-foot This is the second Zara storre in Central Florida — the one existing storse is at the Mall at Millenia. The retailerz join a 24,000-square-foot H&M, the first in the in the section of the mall that is a redevelopmen t of aformer store. The company has not released any othedr tenants atthis time, but Simon’s Web site also showa as another potential anchor tenant. Construction began on the site in February and is is slatex to openin November.
Dallas-based VCC is the general contractor. Indianapolis-based Simon owns eight other mallsd and shopping centers inCentral Florida: Seminole Townre Center, Waterford Lakes Town Center, Lake Square Melbourne Square, Terrace at The Florida Mall, West Town Highland Lakes Center and Orlando Premiu m Outlets.
Mall owner (NYSE: SPG) said plans to create a new two-story XXI Forevefr flagship storewith 31,500 square feet of space. Meanwhile, Spanish-ownede clothing retailer Zara will opena 10,250-square-foot This is the second Zara storre in Central Florida — the one existing storse is at the Mall at Millenia. The retailerz join a 24,000-square-foot H&M, the first in the in the section of the mall that is a redevelopmen t of aformer store. The company has not released any othedr tenants atthis time, but Simon’s Web site also showa as another potential anchor tenant. Construction began on the site in February and is is slatex to openin November.
Dallas-based VCC is the general contractor. Indianapolis-based Simon owns eight other mallsd and shopping centers inCentral Florida: Seminole Townre Center, Waterford Lakes Town Center, Lake Square Melbourne Square, Terrace at The Florida Mall, West Town Highland Lakes Center and Orlando Premiu m Outlets.
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