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| Fidelity Investments selects Forest City's Mesa del Sol Forest City Enterprises, Inc. announced that Fidelity Investments, one of the world's largest providers of financial services, will locate a new 210,000-square-foot operations center at Mesa del Sol, a 12,900-acre, mixed-use project in Albuquerque, NM. Fidelity, which expects to create 1,250 new jobs in Albuquerque, will begin its local operations this year and occupy its facility at the Mesa del Sol site in late 2008. Mesa del Sol is being developed by Forest City Covington NM, LLC, a joint venture between Forest City NM, LLC, a subsidiary of Forest City Enterprises, and Covington NM, LLC, an affiliate company of Covington Capital Corporation. At full build-out over the next 35 to 50 years, Mesa del Sol is expected to include 18 million square feet of commercial space, including industrial, office and retail, as well as 37,500 residential units. Grading for the first residential lots is expected to get under way in March 2008. Model homes are scheduled to be offered for sale by mid-2009 with homebuyers moving in by late 2009. write your comments about the article :: © 2008 Construction News :: home page |