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Article: Forest City's India jaunt follows trend to go abroad; Developer sets sights on housing potential.

Article from:
Crain's Cleveland Business
Article date:
April 14, 2008
Copyright

Byline: STAN BULLARD

Forest City Enterprises Inc. is taking steps that may change its corporate profile to "international real estate developer'' from national developer with holdings from New York to Hawaii.

Charles Ratner, CEO of Cleveland-based Forest City, recently said four of its executives spent "a week or so'' in India and that the company is in talks about a joint venture with a "very quality Indian family to look at the possibility of doing some major development there along the lines of Stapleton.''

Forest City's Stapleton project is an award-winning redevelopment of the 4,700-acre site of the former Denver airport to homes, ...

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