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Forest City Properties LLC company history timeline

1973

Albert B. Ratner advanced to the presidency in 1973, when Max assumed the chairmanship and Leonard took the title of founder-chairman.

1980

In 1980 the company bought Cleveland's Terminal Tower, a passenger rail terminal originally built before the Great Depression.

1991

1991: Forest City's real estate portfolio reaches $2 billion.

1993

The company made its first international foray via a 1993 joint venture with Mexico's Grupo Protexa.

1997

Also in 1997, Forest City moved its corporate headquarters to Tower City, its recently developed high-profile Cleveland property.

1998

In 1998 alone the company launched more than a dozen projects.

2001

2001: Forest City breaks ground on the redevelopment of Denver's former Stapleton Airport.

2002

In a September 2002 press release, Forest City President Charles Ratner said the company expected to complete at least five more retail projects during the year, as well as reach several milestones at the Stapleton project.

Forest City stormed into 2002, completing nine property acquisitions and opening five new developments all in the first half of the fiscal year.

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Founded
1969
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Headquarters
Cleveland, OH
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