vykyvimote.wordpress.com
Founded and headed by Matt Kolb, Pedak to Properties is a residentiao real estate firm that gives clients the option of lookinbg at homesby bicycle. The company maintainws a fleet of 50 ElectraCruisee bikes. Kolb has sold a 50 perceny stake in the company for an undisclosedf sum to attorneyTim Majors, who specializes in taking regionalk retail businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder Majors, who’s originally from Perth, Australia, approachede Kolb about investing in the real estate firm aftef looking at Boulder properties by bicycle.
“We certainlh plan to incorporate [Tim’s] national and internationa branding expertise to expand Pedal to Properties in other Kolb said ina statement. Pedal to Properties plans to look at openiny branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interestefd in using theBoulder business’ operationapl formula in their markets. The Colorado company already is working to expandf quickly in its hometown by addingv more space and agents indowntownh Boulder.
“I believe Pedal to Properties is in a perfect positionj to meet the evolving sociaol and demographic changes going on in the Unite Stateswith homebuyers,” Majors said in a
Saturday, March 31, 2012
Thursday, March 29, 2012
ESPN Zone closes doors in Denver - Kansas City Business Journal:
caloloary.blogspot.com
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themed bar and interactive game center s across the country, laid off roughlt 100 employees, giving each a 60-daty administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone operations, said in the statementy that the restaurant could not survive the This economic downturn has been marked nationally by reducec consumer spending on eating out and on entertainmentr activities. “A decision like this is nevert easy. We recognize and appreciate the commitment and year s of service of all of these Allesandri said.
“Unfortunately, the current economic environmenf offered us noother choice.” The ESPN Zone was a 23,000-square-fooft meeting place for sports fanatics, with one room featuring more than a doze large televisions tuned into contests of all kind and anothef full of video and sports games ranginyg from basketball to bowling. None of the eighy other ESPN Zone locations willbe closed, as all “arr meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Taboe Center, issued a statement sayin it was “sorry to hear of theier decision to discontinue their Denver operations.
” But the closinb of ESPN Zone “has created a new opportunity for us to bringb new concepts to 16th Street,” it One of those new concepts is The Tilted a Celtic-themed restaurant and sports bar with 20 locations operatingv nationwide and another 10 The chain, which is expected to open its Denver locatioh this fall and to offer outdoor patio has signed an 8,300-square-foot lease at Tabor Center, accordingh to a news release. The Tilted Kilt begabn in Las Vegas in 2003 and is noted for its serverse dressedin knee-high socks, short plaif kilts and midriff-baring plaid halter tops.
It will be one of a numbere of new tenants opening in the Tabor Centerthis “These new additions to Tabor Center’s retail offerint reflect our continuing efforts to enhance the services and amenitiezs for the tenants, customerd and visitors to the Tabor Center,” said Steve Budorick, executive vice president and partne r at Callahan Capital Partners.
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themed bar and interactive game center s across the country, laid off roughlt 100 employees, giving each a 60-daty administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone operations, said in the statementy that the restaurant could not survive the This economic downturn has been marked nationally by reducec consumer spending on eating out and on entertainmentr activities. “A decision like this is nevert easy. We recognize and appreciate the commitment and year s of service of all of these Allesandri said.
“Unfortunately, the current economic environmenf offered us noother choice.” The ESPN Zone was a 23,000-square-fooft meeting place for sports fanatics, with one room featuring more than a doze large televisions tuned into contests of all kind and anothef full of video and sports games ranginyg from basketball to bowling. None of the eighy other ESPN Zone locations willbe closed, as all “arr meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Taboe Center, issued a statement sayin it was “sorry to hear of theier decision to discontinue their Denver operations.
” But the closinb of ESPN Zone “has created a new opportunity for us to bringb new concepts to 16th Street,” it One of those new concepts is The Tilted a Celtic-themed restaurant and sports bar with 20 locations operatingv nationwide and another 10 The chain, which is expected to open its Denver locatioh this fall and to offer outdoor patio has signed an 8,300-square-foot lease at Tabor Center, accordingh to a news release. The Tilted Kilt begabn in Las Vegas in 2003 and is noted for its serverse dressedin knee-high socks, short plaif kilts and midriff-baring plaid halter tops.
It will be one of a numbere of new tenants opening in the Tabor Centerthis “These new additions to Tabor Center’s retail offerint reflect our continuing efforts to enhance the services and amenitiezs for the tenants, customerd and visitors to the Tabor Center,” said Steve Budorick, executive vice president and partne r at Callahan Capital Partners.
Tuesday, March 27, 2012
Gas-fired power plant to be built by Shaw - Power Engineering Magazine
ramsdenjerrieas54.blogspot.com
Gas-fired power plant to be built by Shaw Power Engineering Magazine The Shaw Group Inc. (NYSE: SHAW) on March 26 said it received full notice to proceed on a new dual fuel combined-cycle gas turbine (CCGT) plant at Entergy's (NYSE: ETR) Ninemile Point Steam Electric Station near New Orleans. The 550 MW unit at Ninemile ... Shaw Receives Full Notice to Proceed on Entergy's Ninemile Combined Cycle Plant |
Sunday, March 25, 2012
EPA settles with TS Trim of Canal Winchester - Philadelphia Business Journal:
oryzacody.wordpress.com
The EPA on Mondag disclosed details ofan $82,500 settlemenyt with that will see $68,16p0 headed to state and local pollution control programs and $17,040 earmarked for a schoo bus retrofit program. TS Trim coat s interior plastic parts and is a majotr supplierto Marysville-based and , according to its Web TS Trim has permits to sprag its products while keeping in compliancse with pollution controls, but according to the the EPA between 2006 and last year identifiecd a number of problems at TS Trim’ds two Canal Winchester plants.
The EPA said the companh failed to keep regular records of instances when it exceeded federak emissions standards and also jumped the gun on a constructiomn project before the state had issue akey permit. The EPA said TS Trim’s pollutiobn controls didn’t hit the mark during a 2007 compliance test, but new equipment installed sincer then should put the company backinto compliance. Underr the settlement, the company has a monthn to show that its plants meet emissions A companyrepresentative wasn’t available Monday as TS Trim is under a seasonal shutdown.
The EPA on Mondag disclosed details ofan $82,500 settlemenyt with that will see $68,16p0 headed to state and local pollution control programs and $17,040 earmarked for a schoo bus retrofit program. TS Trim coat s interior plastic parts and is a majotr supplierto Marysville-based and , according to its Web TS Trim has permits to sprag its products while keeping in compliancse with pollution controls, but according to the the EPA between 2006 and last year identifiecd a number of problems at TS Trim’ds two Canal Winchester plants.
The EPA said the companh failed to keep regular records of instances when it exceeded federak emissions standards and also jumped the gun on a constructiomn project before the state had issue akey permit. The EPA said TS Trim’s pollutiobn controls didn’t hit the mark during a 2007 compliance test, but new equipment installed sincer then should put the company backinto compliance. Underr the settlement, the company has a monthn to show that its plants meet emissions A companyrepresentative wasn’t available Monday as TS Trim is under a seasonal shutdown.
Thursday, March 22, 2012
Treasury Sells Inflation Notes at Record Low Negative Yield - BusinessWeek
bakakinkorypon.blogspot.com
Treasury Sells Inflation Notes at Record Low Negative Yield BusinessWeek By Cordell Eddings on March 22, 2012 The US sold $13 billion in 10- year Treasury Inflation Protected Securities at a record low negative yield with investors willing to pay a premium to guard against the threat of rising consumer prices. Inflation-protected Treasurys auctioned at negative yield; Treasurys end the ... |
Tuesday, March 20, 2012
Educating the new governor - St. Louis Business Journal:
lyubomiradete.blogspot.com
He’s going to need all the good will he can By spending some of his political capitapl but not anyreal money, Mr. Nixojn can bring about stability in at least one perpetuallytroublex area: the . A coalitio of North Side politicians and former members of the elected school board has urged the new governor to change the leadership of the Special Administrative Board that oversees thecity schools. Some suggestf getting rid of the boardall together. Duringb the campaign, Mr. Nixon walked a publid tightrope, not saying he woul get rid of the board or its Rick Sullivan, but not offering a grea t deal of support either.
(For those who live in a cave or don’tf follow city school machinations, the St. Louis Public Schools lost theirf accreditation from the state of Missouri effectivedJune 15, 2007. The statse board of education nominated Mr. Sullivan, formerly CEO of , to servse as CEO of a boarr appointed to governthe district. That effectivelt dismissed the elected Board of Education whose membersz have sued the state to be The suit currently is beforethe . The mayor and presidenft of the board of aldermen each appointes a member to thespecial Mr. Sullivan ultimately was appointed by the governof and approved by thestate senate. Because his is a gubernatoria l appointment, it is possible Mr.
Sullivan coulc be replaced by Mr. Nixon.) This dilemmza comes just as a new Kelvin Adams, takes the reins. The open hirinh process is one of the most publicizeed examples of thespecial board’s outreach to the The inclusive approach also characterized the development of a long-range plan for the school district. It’s the same approach that is beinf used in the school reconfiguration That was the directive the specially appointecboard received: Reach out to the communitty for ideas and focu on student achievement. Mr. Sullivan has been singleed out for his manner as well as for the accomplishments of the The St.
Louis Post-Dispatc h has been a supporter and the Riverfrontg Times described himas “diligent, humble and willinb to listen.” Hopefully, we’ll be able to say the same abou t Jay Nixon.
He’s going to need all the good will he can By spending some of his political capitapl but not anyreal money, Mr. Nixojn can bring about stability in at least one perpetuallytroublex area: the . A coalitio of North Side politicians and former members of the elected school board has urged the new governor to change the leadership of the Special Administrative Board that oversees thecity schools. Some suggestf getting rid of the boardall together. Duringb the campaign, Mr. Nixon walked a publid tightrope, not saying he woul get rid of the board or its Rick Sullivan, but not offering a grea t deal of support either.
(For those who live in a cave or don’tf follow city school machinations, the St. Louis Public Schools lost theirf accreditation from the state of Missouri effectivedJune 15, 2007. The statse board of education nominated Mr. Sullivan, formerly CEO of , to servse as CEO of a boarr appointed to governthe district. That effectivelt dismissed the elected Board of Education whose membersz have sued the state to be The suit currently is beforethe . The mayor and presidenft of the board of aldermen each appointes a member to thespecial Mr. Sullivan ultimately was appointed by the governof and approved by thestate senate. Because his is a gubernatoria l appointment, it is possible Mr.
Sullivan coulc be replaced by Mr. Nixon.) This dilemmza comes just as a new Kelvin Adams, takes the reins. The open hirinh process is one of the most publicizeed examples of thespecial board’s outreach to the The inclusive approach also characterized the development of a long-range plan for the school district. It’s the same approach that is beinf used in the school reconfiguration That was the directive the specially appointecboard received: Reach out to the communitty for ideas and focu on student achievement. Mr. Sullivan has been singleed out for his manner as well as for the accomplishments of the The St.
Louis Post-Dispatc h has been a supporter and the Riverfrontg Times described himas “diligent, humble and willinb to listen.” Hopefully, we’ll be able to say the same abou t Jay Nixon.
Sunday, March 18, 2012
QEP Co. to delist stock - The Business Journal of Milwaukee:
ogarawo.wordpress.com
The Boca Raton-based specialty toolmaked and distributor forthe tile, carpet and do-it-yourselff markets, reported a net loss of $7.3 million, or $2.1 a share, for the year ended Feb. 28. That's down from net income of $2.2 million, or 61 cents a for the previous The company reported net salesof $203.6 million for fiscal year 2009, down from $217 millionj the previous year. The company blamed the decreases in sales to theweakened economy, especially in the latterr half of its fiscal year.
With regard to its decision to delisytits stock, the company said its board of directors decided that the costs associated with compliance, along with the demandw on management time required to maintain its listing, outweighed the benefits. Shares QEPC) fell 10 cents to $1.64 in afternoonm trading. The 52-week high was $7.46 on July 16. The 52-week low was 77 centxs on March 9.
The Boca Raton-based specialty toolmaked and distributor forthe tile, carpet and do-it-yourselff markets, reported a net loss of $7.3 million, or $2.1 a share, for the year ended Feb. 28. That's down from net income of $2.2 million, or 61 cents a for the previous The company reported net salesof $203.6 million for fiscal year 2009, down from $217 millionj the previous year. The company blamed the decreases in sales to theweakened economy, especially in the latterr half of its fiscal year.
With regard to its decision to delisytits stock, the company said its board of directors decided that the costs associated with compliance, along with the demandw on management time required to maintain its listing, outweighed the benefits. Shares QEPC) fell 10 cents to $1.64 in afternoonm trading. The 52-week high was $7.46 on July 16. The 52-week low was 77 centxs on March 9.
Friday, March 16, 2012
Airline woes don't ground PAS Technologies - Kansas City Business Journal:
bojony.wordpress.com
CEO Robert Weiner said the NorthKansas City-basex company recently won a large contract with a big airline’s materiak management program that will add abouf 10 percent to its overall revenue. Weineer said he didn’t have clearancs to reveal the name ofthe airline. “We beat out some originaol equipment manufacturers, and it woke up a lot of our Weiner said. “When you win with a big it also helps you win withothert airlines.” Privately owned PAS wouldn’t disclose its but director of communications Marsha Farmer said revenue has doublede since the company was founded in 2006 with ’s purchas e of the business in Nortj Kansas City.
In Securities and Exchange Commission filings, Praxair listed the division’s 2005 revenue around $67
CEO Robert Weiner said the NorthKansas City-basex company recently won a large contract with a big airline’s materiak management program that will add abouf 10 percent to its overall revenue. Weineer said he didn’t have clearancs to reveal the name ofthe airline. “We beat out some originaol equipment manufacturers, and it woke up a lot of our Weiner said. “When you win with a big it also helps you win withothert airlines.” Privately owned PAS wouldn’t disclose its but director of communications Marsha Farmer said revenue has doublede since the company was founded in 2006 with ’s purchas e of the business in Nortj Kansas City.
In Securities and Exchange Commission filings, Praxair listed the division’s 2005 revenue around $67
Wednesday, March 14, 2012
The Insider - Puget Sound Business Journal (Seattle):
wanuso.wordpress.com
The School for Global Animal seeded last year witha $25 millionh grant from the , could capture more attention becausd of the crisis. “This is exactly what that schookl is designed to studyand watch,” said the school’d spokesman, Charlie Powell. The school studies the human-animap disease link and also operatesthe U.S. Departmentr of Agriculture’s Washington Animal Disease DiagnosticcLaboratory (or WADDL). Last year, the lab receivedx 21 samples for testingy fromhog farmers. None was for swins flu. Hogs are not big business in Washington. According to the Washington farmers sold morethan 53,000 hogs in 2007 worth $5.3 million.
By comparison, New York farmerws that year sold 315,000 hogs worth $27.2 million. gets to promots more flightless birds with its zoo project The advertisinhg agency behind the headless cold turkeg ads for the state Departmentof Health’s anti-smoking campaign now has more birdw to promote: penguins. Woodland Park Zoo is leaningy on Seattle’s Wongdoody agency to help build some buzz forthe new, $6.5 millioj Humboldt penguins exhibit opening May 2. The “Mors Colorful Than Ever” campaig will run through August. It will be featured in print and internetbanner ads, billboards, on buse s and in radio and TV spots. The campaignm also includes a micro-website (morecolorful.
org) with downloadable games and more information aboutthe penguins. Also expect to see a fleet of scooters buzzing around Seattle branded with thead campaign’s creative The 17,000-square-foot exhibit is designed to look like a natural refuge in Punta San Juan, Peru, the Humboldrt penguins’ natural habitat. Jim the zoo’s marketing director, said the zoo is spending just shyof $400,0009 on the media costs of the But Wongdoody’s creative part fallxs under pro bono work. Newspaper executivews lobby for, and get, a temporary B&O tax cut from the LegislatureThe state’s dailyy newspapers may be taking a beating on the revenue and circulation fronts.
But state lawmakers have tossed thema lifeline, albei t a small one. In the waning hours of this year’s session, the Legislaturse approved a bill to reduce thestatew business-and-occupation tax on newspapers until 2015. The legislatiojn had appeared to face an uphil l battlethis session, with lawmakers hampered by a $9 billiomn shortfall, making them reluctant to shave away any sourcess of revenue. But the bill received bipartisan support in the Houssand Senate. Gov. Chris Gregoire also supported the bill and is expectesd to sign itinto law. The legislationn cuts the B&O tax by 40 percent. The tax saving alone are not a breakthrough solution forstrugglinhg dailies.
But the change is part of strategy to scour every possible avenue for including cutting jobs and seeking pay cuts andunpaidr leave. Several newspaper industry heavyweights lobbief lawmakers for thetax cut, including Seattlee Times Publisher Frank Blethen and David publisher of The News Tribune in Tacoma.
The School for Global Animal seeded last year witha $25 millionh grant from the , could capture more attention becausd of the crisis. “This is exactly what that schookl is designed to studyand watch,” said the school’d spokesman, Charlie Powell. The school studies the human-animap disease link and also operatesthe U.S. Departmentr of Agriculture’s Washington Animal Disease DiagnosticcLaboratory (or WADDL). Last year, the lab receivedx 21 samples for testingy fromhog farmers. None was for swins flu. Hogs are not big business in Washington. According to the Washington farmers sold morethan 53,000 hogs in 2007 worth $5.3 million.
By comparison, New York farmerws that year sold 315,000 hogs worth $27.2 million. gets to promots more flightless birds with its zoo project The advertisinhg agency behind the headless cold turkeg ads for the state Departmentof Health’s anti-smoking campaign now has more birdw to promote: penguins. Woodland Park Zoo is leaningy on Seattle’s Wongdoody agency to help build some buzz forthe new, $6.5 millioj Humboldt penguins exhibit opening May 2. The “Mors Colorful Than Ever” campaig will run through August. It will be featured in print and internetbanner ads, billboards, on buse s and in radio and TV spots. The campaignm also includes a micro-website (morecolorful.
org) with downloadable games and more information aboutthe penguins. Also expect to see a fleet of scooters buzzing around Seattle branded with thead campaign’s creative The 17,000-square-foot exhibit is designed to look like a natural refuge in Punta San Juan, Peru, the Humboldrt penguins’ natural habitat. Jim the zoo’s marketing director, said the zoo is spending just shyof $400,0009 on the media costs of the But Wongdoody’s creative part fallxs under pro bono work. Newspaper executivews lobby for, and get, a temporary B&O tax cut from the LegislatureThe state’s dailyy newspapers may be taking a beating on the revenue and circulation fronts.
But state lawmakers have tossed thema lifeline, albei t a small one. In the waning hours of this year’s session, the Legislaturse approved a bill to reduce thestatew business-and-occupation tax on newspapers until 2015. The legislatiojn had appeared to face an uphil l battlethis session, with lawmakers hampered by a $9 billiomn shortfall, making them reluctant to shave away any sourcess of revenue. But the bill received bipartisan support in the Houssand Senate. Gov. Chris Gregoire also supported the bill and is expectesd to sign itinto law. The legislationn cuts the B&O tax by 40 percent. The tax saving alone are not a breakthrough solution forstrugglinhg dailies.
But the change is part of strategy to scour every possible avenue for including cutting jobs and seeking pay cuts andunpaidr leave. Several newspaper industry heavyweights lobbief lawmakers for thetax cut, including Seattlee Times Publisher Frank Blethen and David publisher of The News Tribune in Tacoma.
Monday, March 12, 2012
Manchester Utd takes Premier League lead from City; Lionel Messi reaches 50 ... - Washington Post
ermolayenayqaked.blogspot.com
Goal.com | Manchester Utd takes Premier League lead from City; Lionel Messi reaches 50 ... Washington Post LONDON รข€" Manchester United took over the Premier League lead at the end of a round of games for the first time since Oct. 15, beating West Bromwich Albion 2-0 Sunday on a pair of goals by Wayne Rooney as Manchester City lost 1-0 at Swansea. United hit the front as City mull Tevez return United takes charge of Premier League race Manchester United seize advantage over city rivals in the Premier League title ... |
Saturday, March 10, 2012
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Memphis Business Journal:
tiqosi.wordpress.com
U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangement couledbe struck, company spokesman Gerardc J. Wit said in a telephoner interview Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-start this right Aberdeen is gearing up for a significant influxc of military jobs underthe Pentagon’s Base Realignment and Closuree plan, expected to be completed by September 2011.
Abougt 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contractinh jobs from companies that do business with the incoming militaryh agencies. The approved Opus East's selection of St. John Propertiesx to take over the Government and Technology Enterprise business park because of theBaltimore developer’s abilityg to move forward with new Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC. Opus East was awardef rights to developthe government-owned land under a lease with the Army in Novembeer 2007 and broke ground on its firsf building in December of that year.
Since then, the company became straddled with millions of dollar in construction loans it has been unableto refinance, and the companyt has not started any new construction at the projectt for more than a The deal was inked June 19 between Opus East, St. John with the backing of the Army. St. John and the Army Corp of Engineers issued statements Tuesdau announcingthe deal. Wit said St. John will pay Opus East an undisclosef amount of money for its developmeny rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthewe Holbrook to oversee the GATE project as its director of defensew andgovernment business.
“Aberdeen Proving Ground is exciter about moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theier experienced management team spearheadingthe build-out of this project.” As the to help it considere options including bankruptcy. Its pareng company, , has also sought bankruptcy protectiojfor it’s Opus Sout subsidiary and for two more subsidiarieds of its Opus West regional operation. Opus Corp. spokeswoman Winston Hewett said Opus East is still evaluatingt its options but has not made any decisions about bankruptcy.
The company was forced to relinquis its rights to the Aberdeen project because it has been unablwe to finance morethan $50 millionm in construction loans it took out to finance its Most pressing among those debts is $35 million the developeer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College Park, for whicnh it has sued the federal government to collecgt its wages on that Hewett said. St.
John plans to break ground in the next two months on at least threer new buildings at the Harford Countymilitarh base, with commitments from defensd contractors for up to 300,000 square feet of research and development space, Wit Wit did not discloss the names of any of thosee tenants. Those buildings would be in addition toa 60,000-square-fooy building Opus East completed in December 2008 for defensd contractor CACI. “We view this development as the most significanf commercial real estate opportunity in the historg ofour company,” St. John President Edward A. St.
John said in a “This is based on the amountt of square footage that can eventually be developeed as well as the important work that will be completefby end-users that occupy this space.” St. John Propertieds is the third-largest property management firm inGreaterr Baltimore, with nearly 11 million square feet of commercial spaces in the region. But taking over the Aberdeej project represents a shift forthe company, which has sought to tap into the demandd for government contracting space up until now.
Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmen such as at Opus East preliminarily received commitments from firms seeking spacwe atits 413-acre Government and Technology Enterprisr business park but did not start any additionap construction. The developer was unwilling to divid any of its buildingsinto multi-tenanted space, Wit said, preferring insteade to construct buildings for a singlw tenant. That’s created a pent-up demand for companies seeking from 5,000 square feet to upwarde of 20,000 square Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said. “If you don’tr have the place to park those people, if you don’f have the buildings to put them in, there was going to be a real logisticall problem.”
U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangement couledbe struck, company spokesman Gerardc J. Wit said in a telephoner interview Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-start this right Aberdeen is gearing up for a significant influxc of military jobs underthe Pentagon’s Base Realignment and Closuree plan, expected to be completed by September 2011.
Abougt 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contractinh jobs from companies that do business with the incoming militaryh agencies. The approved Opus East's selection of St. John Propertiesx to take over the Government and Technology Enterprise business park because of theBaltimore developer’s abilityg to move forward with new Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC. Opus East was awardef rights to developthe government-owned land under a lease with the Army in Novembeer 2007 and broke ground on its firsf building in December of that year.
Since then, the company became straddled with millions of dollar in construction loans it has been unableto refinance, and the companyt has not started any new construction at the projectt for more than a The deal was inked June 19 between Opus East, St. John with the backing of the Army. St. John and the Army Corp of Engineers issued statements Tuesdau announcingthe deal. Wit said St. John will pay Opus East an undisclosef amount of money for its developmeny rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthewe Holbrook to oversee the GATE project as its director of defensew andgovernment business.
“Aberdeen Proving Ground is exciter about moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theier experienced management team spearheadingthe build-out of this project.” As the to help it considere options including bankruptcy. Its pareng company, , has also sought bankruptcy protectiojfor it’s Opus Sout subsidiary and for two more subsidiarieds of its Opus West regional operation. Opus Corp. spokeswoman Winston Hewett said Opus East is still evaluatingt its options but has not made any decisions about bankruptcy.
The company was forced to relinquis its rights to the Aberdeen project because it has been unablwe to finance morethan $50 millionm in construction loans it took out to finance its Most pressing among those debts is $35 million the developeer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College Park, for whicnh it has sued the federal government to collecgt its wages on that Hewett said. St.
John plans to break ground in the next two months on at least threer new buildings at the Harford Countymilitarh base, with commitments from defensd contractors for up to 300,000 square feet of research and development space, Wit Wit did not discloss the names of any of thosee tenants. Those buildings would be in addition toa 60,000-square-fooy building Opus East completed in December 2008 for defensd contractor CACI. “We view this development as the most significanf commercial real estate opportunity in the historg ofour company,” St. John President Edward A. St.
John said in a “This is based on the amountt of square footage that can eventually be developeed as well as the important work that will be completefby end-users that occupy this space.” St. John Propertieds is the third-largest property management firm inGreaterr Baltimore, with nearly 11 million square feet of commercial spaces in the region. But taking over the Aberdeej project represents a shift forthe company, which has sought to tap into the demandd for government contracting space up until now.
Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmen such as at Opus East preliminarily received commitments from firms seeking spacwe atits 413-acre Government and Technology Enterprisr business park but did not start any additionap construction. The developer was unwilling to divid any of its buildingsinto multi-tenanted space, Wit said, preferring insteade to construct buildings for a singlw tenant. That’s created a pent-up demand for companies seeking from 5,000 square feet to upwarde of 20,000 square Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said. “If you don’tr have the place to park those people, if you don’f have the buildings to put them in, there was going to be a real logisticall problem.”
Thursday, March 8, 2012
Academic Team honoree: Isabel Farhi - Business First of Buffalo:
http://judgmentongenocide.org/2009/11/is-the-uk-government-committing-genocide/
Accomplishments: National Merit Scholarship finalist. SAT scorer of 1,590. AP Scholar Award (wity Distinction). Harvard Book Award. Co-captain of synchronizedr swimming team. Full name: Isabep Friedan Farhi. Born: March 26, Buffalo. Parents: Emily Eli Farhi. Residence: Williamsville. Favoritse class: Latin (taught by Patricia Stinger). “The combinationb of puzzle and poetryintrigues me. And, sinces it is an independent study I can go at a pace setby me, not delayed by other students.” College and likely major: , classics.
Hope to be doinhg 10 years from now: “I hope to be living somewhere in Europe andstudying something, perhap as a professor or just as a I would like to have written a novek that can support me as I wander If could meet anyone from Queen Elizabeth I. “The history of that period interestxs me, as does her many-faceted character. she was a witty Talking with her would be informative and If could have dinner with anyone now My friends. “I am not particularly enamored of anyoner famous currentlyalive -- the present does not reallty interest me -- and would prefer to have dinneer with people who could amuse to proceed to the next First Team Sabrina Gill.
Accomplishments: National Merit Scholarship finalist. SAT scorer of 1,590. AP Scholar Award (wity Distinction). Harvard Book Award. Co-captain of synchronizedr swimming team. Full name: Isabep Friedan Farhi. Born: March 26, Buffalo. Parents: Emily Eli Farhi. Residence: Williamsville. Favoritse class: Latin (taught by Patricia Stinger). “The combinationb of puzzle and poetryintrigues me. And, sinces it is an independent study I can go at a pace setby me, not delayed by other students.” College and likely major: , classics.
Hope to be doinhg 10 years from now: “I hope to be living somewhere in Europe andstudying something, perhap as a professor or just as a I would like to have written a novek that can support me as I wander If could meet anyone from Queen Elizabeth I. “The history of that period interestxs me, as does her many-faceted character. she was a witty Talking with her would be informative and If could have dinner with anyone now My friends. “I am not particularly enamored of anyoner famous currentlyalive -- the present does not reallty interest me -- and would prefer to have dinneer with people who could amuse to proceed to the next First Team Sabrina Gill.
Tuesday, March 6, 2012
Worth noting in business: Hiring at Eureka!, awards and more - Bakersfield Californian
raisavydyexuwowi.blogspot.com
Worth noting in business: Hiring at Eureka!, awards and more Bakersfield Californian Eureka! is holding six open interview hiring events to fill about 50 positions at the company's newest store in the River Walk development in southwest Bakersfield. Eureka! is looking for management and hourly-level employees including busers, hosts, ... |
Saturday, March 3, 2012
URA re-releases RFP for Heppenstall site in Lawrenceville - The Business Review (Albany):
aleksanovlsys.blogspot.com
The URA is re-releasing a request for proposals after its previousltychosen developer, Urban Villages working with Boterk Development decided not to go forward with the Urban Villages and Botero were selecte d over one other finalist, S&A Homes, in partnership with the Lawrencevillse Corporation, a community nonprofit. The football field-sizexd parcel includes the site on which the offices building for the Heppenstall plant once was locater as well as a formerwarehouser property.
In a prepared statement, mayorr Luke Ravenstahl describedthe property’s redevelopment as an importan part of the city’s largerd revisioning of the Allegheny “We have begun a planning process to creatde a vision for the Allegheny riverfront and reconnect our neighborhoods to our natural amenities,” he said. "Thed Hatfield Street site is one of the greayt opportunities to see this vision cometo life.” The URA wanta a developer “to purchase, design, develop and operats or resell the site.” The URA’s effor t comes as the Regionalp Industrial Development Corporation (RIDC) continues to redevelop the Heppenstalpl complex itself.
Hatfield Street is consideredr a dividing line betweenthe neighborhood’s residential community and its industriap zone. As a selling point, the URA notezs that the median home pric e in central Lawrenceville has increasefd 64 percent in the past three a growth rate it claims is second highesty in the city to theSouth “We are excited with the real estate appreciationj that were seeing in the said Rob Stephany, Executive Directot of the URA, as well as a Lawrenceville resident.
“Ande (we’re) very excited about the prospect of a new residentiao product and how that will add fuel tothe
The URA is re-releasing a request for proposals after its previousltychosen developer, Urban Villages working with Boterk Development decided not to go forward with the Urban Villages and Botero were selecte d over one other finalist, S&A Homes, in partnership with the Lawrencevillse Corporation, a community nonprofit. The football field-sizexd parcel includes the site on which the offices building for the Heppenstall plant once was locater as well as a formerwarehouser property.
In a prepared statement, mayorr Luke Ravenstahl describedthe property’s redevelopment as an importan part of the city’s largerd revisioning of the Allegheny “We have begun a planning process to creatde a vision for the Allegheny riverfront and reconnect our neighborhoods to our natural amenities,” he said. "Thed Hatfield Street site is one of the greayt opportunities to see this vision cometo life.” The URA wanta a developer “to purchase, design, develop and operats or resell the site.” The URA’s effor t comes as the Regionalp Industrial Development Corporation (RIDC) continues to redevelop the Heppenstalpl complex itself.
Hatfield Street is consideredr a dividing line betweenthe neighborhood’s residential community and its industriap zone. As a selling point, the URA notezs that the median home pric e in central Lawrenceville has increasefd 64 percent in the past three a growth rate it claims is second highesty in the city to theSouth “We are excited with the real estate appreciationj that were seeing in the said Rob Stephany, Executive Directot of the URA, as well as a Lawrenceville resident.
“Ande (we’re) very excited about the prospect of a new residentiao product and how that will add fuel tothe
Thursday, March 1, 2012
Report: Zell might lose reins of Tribune - Dayton Business Journal:
azajir.wordpress.com
According to the report, the company mighr fall into the hands of a group of banksx and investors thatholds $8.6 billion in senior debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the seniord lenders a large majority ownership stake in thereorganizedd company." The plan would also likel y wipe out a $90 million warrant that Zell holdds that would give him the rightr to buy 40 percent of Tribune for abourt $500 million.
The report says that Zell'ws future in the companty would likely be determined by the as it is unclear if the group woulds want to bring in a new or if Zell himself would want to remain with the The report saysthat "sources close to both the creditord and the company said it is too earlty to make such decisions and Tribune managementt continues to control the process because it currentluy has the exclusive right to propose whateverd reorganization plan it wishes." Tribune through a buyoug led by Zell. The deal left the company withnearlyy $12 billion in debt. Tribuns has sold off assets and cut jobs sincew the close of the deal to help with the debt Thecompany .
According to the report, the company mighr fall into the hands of a group of banksx and investors thatholds $8.6 billion in senior debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the seniord lenders a large majority ownership stake in thereorganizedd company." The plan would also likel y wipe out a $90 million warrant that Zell holdds that would give him the rightr to buy 40 percent of Tribune for abourt $500 million.
The report says that Zell'ws future in the companty would likely be determined by the as it is unclear if the group woulds want to bring in a new or if Zell himself would want to remain with the The report saysthat "sources close to both the creditord and the company said it is too earlty to make such decisions and Tribune managementt continues to control the process because it currentluy has the exclusive right to propose whateverd reorganization plan it wishes." Tribune through a buyoug led by Zell. The deal left the company withnearlyy $12 billion in debt. Tribuns has sold off assets and cut jobs sincew the close of the deal to help with the debt Thecompany .
Subscribe to:
Posts (Atom)