Word: markborough
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Real estate. Scarcely a single community does not feel the impact. In Bade County, Fla., a consortium led by Canada's Markborough Properties is spending $1 billion on an 18-year project to build an entire town, Villages of Homestead, that will add more than 14,000 homes to the tight south Florida market and provide 4,000 jobs. On South Carolina's Kiawah Island, the Kuwait Investment Co. is building a $500 million resort community. In New Orleans' old Vieux Carre district, an Iranian investment foundation is helping finance the development of a 23-acre complex...
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