Thursday, August 23, 2012
Biblical theme park's approach to wifi
from yesterday's (8/22/12) Mashable --
Wi-Fi on Donkeys? Biblical Tourist Park Says Why Not
August 22, 2012 by Sam Laird
"The Bible says Jesus rode a donkey into Jerusalem, where he was greeted by adoring crowds before beginning his Passion and eventual crucifixion. But what if that donkey had doubled as a Wi-Fi hotspot?
A biblical park tourist attraction in Israel has fused together the ancient and online worlds by equipping its donkeys with wireless routers." ...
for the complete story
Wednesday, August 22, 2012
Detroit transit developments
From yesterdaay's Detroit Free Press (8/21/12)--
Progress made on metro Detroit transit system
4:56 PM, August 21, 2012
"An announcement on the creation of a regional transit authority which would also operate a light-rail line in Detroit could be only weeks away, officials gathered in Ann Arbor said today.
There have been a series of meetings on both projects, more are scheduled, and progress is being made, said Transportation Secretary Ray LaHood and Gov. Rick Snyder ..."
for the complete story
CA SB 843 -- power company v solar power
from Monday's LABJ (8/20/12)--
Utilities Face Power Struggle
ENERGY: State may open lines for solar electricity.
By Howard Fine Monday, August 20, 2012
"Eric Cohen would love to use solar power at his El Segundo business, but his landlord won’t install solar panels. He can only use the power that Southern California Edison supplies him.
So Cohen is supporting a bill [SB 843] in Sacramento that would allow him to buy power from a solar facility offsite. He figures he could cut his power costs 10 percent while doing his bit to help the environment. ..."
"But Southern California Edison, the giant utility subsidiary of Edison International in Rosemead, opposes the bill. The utility argues that other ratepayers would be forced to bear the costs of moving the solar power across Edison’s wires..."
for the complete story
Tuesday, August 30, 2011
University of Iowa housing crisis
from the Press-Citizen (8/25):
UI trying to find rooms for all of its students
by Emily Schettler
"The fourth-floor lounge of Slater Residence Hall wasn't what 18-year-old Kathryn Propstein had in mind when she imagined her first dorm room at the University of Iowa, but that's where she's spent her first week, along with six other roommates.
The women are among 120 students living in temporary housing while UI officials work to identify open beds. For now, Propstein and her roommates are waiting; waiting for other students to transfer or move off campus and the rooms those students occupied to open up." ...
for the complete story
UI trying to find rooms for all of its students
by Emily Schettler
"The fourth-floor lounge of Slater Residence Hall wasn't what 18-year-old Kathryn Propstein had in mind when she imagined her first dorm room at the University of Iowa, but that's where she's spent her first week, along with six other roommates.
The women are among 120 students living in temporary housing while UI officials work to identify open beds. For now, Propstein and her roommates are waiting; waiting for other students to transfer or move off campus and the rooms those students occupied to open up." ...
for the complete story
Vernon again
from this morning's L.A. Times (8/30):
In rebuff to Pérez, Senate rejects disbanding Vernon
By Sam Allen, Los Angeles Times
August 29, 2011, 9:57 p.m.
"For months, Assembly Speaker John Pérez tried to make the case that corruption and secrecy were so deeply rooted in the city of Vernon that the only solution was to disband its municipal government, a first in modern California history.
But a coalition of labor leaders and business owners feared a loss of jobs. Other municipalities worried that disincorporation would set a dangerous precedent. And Los Angeles County supervisors balked at inheriting Vernon's financial problems." ...
for the complete story
In rebuff to Pérez, Senate rejects disbanding Vernon
By Sam Allen, Los Angeles Times
August 29, 2011, 9:57 p.m.
"For months, Assembly Speaker John Pérez tried to make the case that corruption and secrecy were so deeply rooted in the city of Vernon that the only solution was to disband its municipal government, a first in modern California history.
But a coalition of labor leaders and business owners feared a loss of jobs. Other municipalities worried that disincorporation would set a dangerous precedent. And Los Angeles County supervisors balked at inheriting Vernon's financial problems." ...
for the complete story
Thursday, August 25, 2011
FL to get more intermodal/carrier transti center
from the Sun Sentinel (Broward Co) (8/23):
Broward leases 42 acres at port to FEC
Deal at Port Everglades expected to expand business
August 23, 2011|By Brittany Wallman, Sun Sentinel
"A "milestone" agreement to lease public land at Broward's seaport to a private railroad company won approval Tuesday at the County Commission, cementing a deal that's been years in the making.
Broward elected officials and business leaders, as well as Port Everglades and Florida East Coast railway officials, said the compact for what they call an "Intermodal Container Transfer Facility" will bring much-desired jobs and expansion of commerce in an ailing economy." ...
for the complete story
Broward leases 42 acres at port to FEC
Deal at Port Everglades expected to expand business
August 23, 2011|By Brittany Wallman, Sun Sentinel
"A "milestone" agreement to lease public land at Broward's seaport to a private railroad company won approval Tuesday at the County Commission, cementing a deal that's been years in the making.
Broward elected officials and business leaders, as well as Port Everglades and Florida East Coast railway officials, said the compact for what they call an "Intermodal Container Transfer Facility" will bring much-desired jobs and expansion of commerce in an ailing economy." ...
for the complete story
MN biodiesel coming back
from the Star Tribune (Minneapolis) (8/24):
Biodeisel Plants back from the Brink
Article by: David Shaffer, Star Tribune
Updated: August 24, 2011 - 7:45 AM
"GLENVILLE, MINN. - For more than three
years, the SoyMor biodiesel plant sat idle --
victim of a slump that took down more than
a quarter of the plants in the industry.
But biodiesel is booming again, and a sign of
the revival happened last week in this small
southern Minnesota town. Workers started
up the plant on Wednesday, and soon the
fuel was flowing." ...
for the complete story
Biodeisel Plants back from the Brink
Article by: David Shaffer, Star Tribune
Updated: August 24, 2011 - 7:45 AM
"GLENVILLE, MINN. - For more than three
years, the SoyMor biodiesel plant sat idle --
victim of a slump that took down more than
a quarter of the plants in the industry.
But biodiesel is booming again, and a sign of
the revival happened last week in this small
southern Minnesota town. Workers started
up the plant on Wednesday, and soon the
fuel was flowing." ...
for the complete story
India's luxury market struggling despite rising riches
from Reuters (8/24):
Insight: Luxury retail not part of India's success story
Wed, Aug 24 2011
By Jui Chakravorty
"MUMBAI (Reuters) - When Nita Ambani went shopping for 25,000 pieces of high-end Japanese crockery, she did not go to the Noritake store in her posh neighborhood of southern Mumbai.
Instead, the wife of the richest man in India called a Noritake store in Sri Lanka, where the upscale dinnerware for her new $1 billion home would be far cheaper.
Ambani's decision illustrates why India's growing number of wealthy consumers has not translated into riches for luxury retailers such as LVMH or Prada despite what, on the face of it, looks like a no-brainer." ...
for the complete story
Insight: Luxury retail not part of India's success story
Wed, Aug 24 2011
By Jui Chakravorty
"MUMBAI (Reuters) - When Nita Ambani went shopping for 25,000 pieces of high-end Japanese crockery, she did not go to the Noritake store in her posh neighborhood of southern Mumbai.
Instead, the wife of the richest man in India called a Noritake store in Sri Lanka, where the upscale dinnerware for her new $1 billion home would be far cheaper.
Ambani's decision illustrates why India's growing number of wealthy consumers has not translated into riches for luxury retailers such as LVMH or Prada despite what, on the face of it, looks like a no-brainer." ...
for the complete story
Walnut Creek climate action plan announced
from the Contra Costa Times (8/24):
Walnut Creek plans to cut greenhouse gas emissions
By Elisabeth Nardi
Posted: 08/24/2011 02:32:08 PM PDT
"The public is invited to scrutinize a new draft plan that aims to cut greenhouse gas emissions in 2020 by 15 percent.
The draft Climate Action Plan outlines the city's strategies for reducing such emissions -- think everything from solar panels on city hall to panels on your roof." ...
for the complete story
Walnut Creek plans to cut greenhouse gas emissions
By Elisabeth Nardi
Posted: 08/24/2011 02:32:08 PM PDT
"The public is invited to scrutinize a new draft plan that aims to cut greenhouse gas emissions in 2020 by 15 percent.
The draft Climate Action Plan outlines the city's strategies for reducing such emissions -- think everything from solar panels on city hall to panels on your roof." ...
for the complete story
India's mall becoming more than retail
from the Jakarta Post (8/22):
Malls turn social with more public spaces
Novia D. Rulistia, The Jakarta Post, Jakarta | Mon, 08/22/2011 7:00 AM
"Life is more and more centered around shopping malls for Jakarta citizens now that libraries have turned to malls, following art galleries, playgrounds and even cultural centers that have existed there.
Jakartans now visit malls to also engage in their favorite activities: reading, watching gigs, attending discussions, or enjoying artwork." ...
for the complete story
Malls turn social with more public spaces
Novia D. Rulistia, The Jakarta Post, Jakarta | Mon, 08/22/2011 7:00 AM
"Life is more and more centered around shopping malls for Jakarta citizens now that libraries have turned to malls, following art galleries, playgrounds and even cultural centers that have existed there.
Jakartans now visit malls to also engage in their favorite activities: reading, watching gigs, attending discussions, or enjoying artwork." ...
for the complete story
WA tourism office closure
New York Times (7/11):
A Tourism Office Falls Victim to Hard Times
By WILLIAM YARDLEY
"SEATTLE — An alluring billboard beckoned to motorists on a busy industrial corridor here this spring. It displayed just one image, a panoramic view of a valley and mountains and sunshine, and one word, “Montana.”
Who paid for that advertisement? The State of Montana, naturally, out of money it designated for tourism marketing this year.
“They’ve done a great job, and they’re incredibly visible,” said Tom Norwalk, the president and chief executive of Seattle’s Convention and Visitors Bureau. “We’re not doing that. We’re going to be fortunate in the next six months to be able to maintain a Web site.” " ...
"This month, as a result of wide-ranging budget cuts passed this year by the Democratic-controlled Legislature, Washington became the only state in the nation with no statewide tourism office and no state money to promote itself to travelers.
The cut has been attributed purely to having to make tough choices between financing programs like public education and paying for glossy marketing
campaigns." ...
"“Our lesson to Washington is that it’s been 18 years since we went dark in 1993, and we still haven’t gotten back to the national market share we had,” said Al White, head of the Colorado Tourism Office, which lost all financing in 1993 and did not regain a steady revenue stream until 2000." ...
for the complete story
A Tourism Office Falls Victim to Hard Times
By WILLIAM YARDLEY
"SEATTLE — An alluring billboard beckoned to motorists on a busy industrial corridor here this spring. It displayed just one image, a panoramic view of a valley and mountains and sunshine, and one word, “Montana.”
Who paid for that advertisement? The State of Montana, naturally, out of money it designated for tourism marketing this year.
“They’ve done a great job, and they’re incredibly visible,” said Tom Norwalk, the president and chief executive of Seattle’s Convention and Visitors Bureau. “We’re not doing that. We’re going to be fortunate in the next six months to be able to maintain a Web site.” " ...
"This month, as a result of wide-ranging budget cuts passed this year by the Democratic-controlled Legislature, Washington became the only state in the nation with no statewide tourism office and no state money to promote itself to travelers.
The cut has been attributed purely to having to make tough choices between financing programs like public education and paying for glossy marketing
campaigns." ...
"“Our lesson to Washington is that it’s been 18 years since we went dark in 1993, and we still haven’t gotten back to the national market share we had,” said Al White, head of the Colorado Tourism Office, which lost all financing in 1993 and did not regain a steady revenue stream until 2000." ...
for the complete story
Anaheim convention center expanding
from today's San Francisco Chronicle (8/25):
Anaheim Convention Center Plans Expansion
Anaheim, CA (PRWEB) August 25, 2011
"The Anaheim Convention Center is expanding its outdoor and special event space by 100,000 square feet. The new multi-use venue area called the Anaheim Convention Center GRAND PLAZA has been strategically planned to provide meeting and event planners and attendees with plenty of open and multi-functional outdoor space that can be used year-round.
Development of the Anaheim Convention Center Grand Plaza begins in the spring of 2012 and concludes by the end of the year. This vibrant pedestrian plaza will feature: lush landscaping, expansive walkways, interesting hardscape designs, dramatic water features and fountains, ample seating areas, special lighting, and infrastructure necessary to support a multitude of special events." ...
for the complete
Anaheim Convention Center Plans Expansion
Anaheim, CA (PRWEB) August 25, 2011
"The Anaheim Convention Center is expanding its outdoor and special event space by 100,000 square feet. The new multi-use venue area called the Anaheim Convention Center GRAND PLAZA has been strategically planned to provide meeting and event planners and attendees with plenty of open and multi-functional outdoor space that can be used year-round.
Development of the Anaheim Convention Center Grand Plaza begins in the spring of 2012 and concludes by the end of the year. This vibrant pedestrian plaza will feature: lush landscaping, expansive walkways, interesting hardscape designs, dramatic water features and fountains, ample seating areas, special lighting, and infrastructure necessary to support a multitude of special events." ...
for the complete
Business travel costs rising
from today's Meetings Focus (8/25):
AMEX Study Shows Rising Biz Travel Costs
NEW YORK
"American Express Global Business Travel released business travel pricing trends for the second quarter of 2011 from its eXpert insights Business Travel Monitor (BTM), its long-term price trending index for domestic and international trips originating in North America. The BTM data demonstrates continued rate increases for flights and accommodations as suppliers continue to take advantage of the return in demand and other market factors to raise rates.
According to the BTM data. the average domestic one-way airfare increased by 8 percent to $260 in Q2 2011 over the same period the year before, while average international one-way fare increased by 9 percent to $1,970. Average hotel rates in Q2 2011 increased by 3 percent to $156 over the same period in 2010, while international hotels increased by 11 percent to $258."
for the complete story
AMEX Study Shows Rising Biz Travel Costs
NEW YORK
"American Express Global Business Travel released business travel pricing trends for the second quarter of 2011 from its eXpert insights Business Travel Monitor (BTM), its long-term price trending index for domestic and international trips originating in North America. The BTM data demonstrates continued rate increases for flights and accommodations as suppliers continue to take advantage of the return in demand and other market factors to raise rates.
According to the BTM data. the average domestic one-way airfare increased by 8 percent to $260 in Q2 2011 over the same period the year before, while average international one-way fare increased by 9 percent to $1,970. Average hotel rates in Q2 2011 increased by 3 percent to $156 over the same period in 2010, while international hotels increased by 11 percent to $258."
for the complete story
Intercontinental, luxury shopping to promote tourism
from the Retail Gazette (8/23):
London and Japan agree luxury retail partnership
10:02AM - Tue 23rd August 2011
By Gemma Taylor -
"The London Luxury Quarter, which incorporates over 300 luxury brands based in London’s West End, yesterday announced its partnership with the growing Marunouchi luxury district in Tokyo.
The New West End Company proposition was developed to target the affluent consumers that shop in the area. It is hoped that the pairing will capitalise on the £117 million spent by Japanese tourists annually and increase the number of international visitors to the area." ...
for the complete story
London and Japan agree luxury retail partnership
10:02AM - Tue 23rd August 2011
By Gemma Taylor -
"The London Luxury Quarter, which incorporates over 300 luxury brands based in London’s West End, yesterday announced its partnership with the growing Marunouchi luxury district in Tokyo.
The New West End Company proposition was developed to target the affluent consumers that shop in the area. It is hoped that the pairing will capitalise on the £117 million spent by Japanese tourists annually and increase the number of international visitors to the area." ...
for the complete story
Museum tech
from Techradar.com (8/22):
Video: How museums will look in the future
TechRadar goes hands on with next-generation exhibits
By Gareth Beavis
Monday at 13:44 BST
"Near Field Communications, or NFC as it's more commonly known, is a technology few know that much about.
You might have used it to travel in London using an Oyster Card or have a smart pass at work that lets you into the building, but despite increasing numbers of phones packing NFC technology, not many people really know what it's for.
Thankfully, TechRadar has found a real life application at the Museum of London, where NFC tags have been deployed in partnership with Nokia to offer visitors insights and info on exhibits, quick access to social networking and NFC-only offers for the gift shop." ...
for the complete story
Video: How museums will look in the future
TechRadar goes hands on with next-generation exhibits
By Gareth Beavis
Monday at 13:44 BST
"Near Field Communications, or NFC as it's more commonly known, is a technology few know that much about.
You might have used it to travel in London using an Oyster Card or have a smart pass at work that lets you into the building, but despite increasing numbers of phones packing NFC technology, not many people really know what it's for.
Thankfully, TechRadar has found a real life application at the Museum of London, where NFC tags have been deployed in partnership with Nokia to offer visitors insights and info on exhibits, quick access to social networking and NFC-only offers for the gift shop." ...
for the complete story
Mega cities and water infrastructure
from IPS (8/23):
Mega Cities Could Trigger Water Shortages and Social Unrest
By Thalif Deen
"STOCKHOLM, Aug 23, 2011 (IPS) - The rapid growth of urban population - described as one of the world’s major demographic trends - has triggered an explosion of "mega cities" in Asia, Latin America and Africa, causing a breakdown in basic services, including water supplies and sanitation facilities.
And by 2050, about 70 percent of the world’s population will live in urban areas causing horrendous problems, predicts a new 80-page study released here by the World Wildlife Fund (WWF)." ...
"he study focuses on six of the world’s "exploding mega cities": Mexico City, Mexico, with a population of 21.1 million; Buenos Aires, Argentina, with a population of 12.8 million; Kolkata, India, with a population of 15.4 million; Karachi, Pakistan, with a population of 18 million; Nairobi, Kenya, with a population of 3.5 million; and Shanghai, China, with a population of 23 million."...
for the complete story; for the WWF report either contact Ruth or follow the link in the press release from WWF Germany for Big Cities, Big Water, Big Challenges
Mega Cities Could Trigger Water Shortages and Social Unrest
By Thalif Deen
"STOCKHOLM, Aug 23, 2011 (IPS) - The rapid growth of urban population - described as one of the world’s major demographic trends - has triggered an explosion of "mega cities" in Asia, Latin America and Africa, causing a breakdown in basic services, including water supplies and sanitation facilities.
And by 2050, about 70 percent of the world’s population will live in urban areas causing horrendous problems, predicts a new 80-page study released here by the World Wildlife Fund (WWF)." ...
"he study focuses on six of the world’s "exploding mega cities": Mexico City, Mexico, with a population of 21.1 million; Buenos Aires, Argentina, with a population of 12.8 million; Kolkata, India, with a population of 15.4 million; Karachi, Pakistan, with a population of 18 million; Nairobi, Kenya, with a population of 3.5 million; and Shanghai, China, with a population of 23 million."...
for the complete story; for the WWF report either contact Ruth or follow the link in the press release from WWF Germany for Big Cities, Big Water, Big Challenges
Zoo markets
PGAV Destinations has released a brief report called Releasing Wild Success which discusses survey results on the demographics of zoo attendance.
The link above takes you to their public releases page which includes other articles on various tourism sectors as well as the zoo piece.
The link above takes you to their public releases page which includes other articles on various tourism sectors as well as the zoo piece.
Thursday, August 18, 2011
NOLA Audubon Building to become hotel
From the Times Picayune (8/17):
Former Audubon Building is being redeveloped as a New Orleans hotel
Published: Wednesday, August 17, 2011, 5:14 PM Updated: Thursday, August 18, 2011, 12:03 PM
By Jaquetta White
"He hadn't intended to buy a hotel. In New Orleans only for a day as he and his family waited out bad weather before resuming their trip home to Dallas from Florida, David Mark Wyant had only planned to take a stroll down Canal Street.
But as he passed a venerable but derelict building at the corner of Burgundy Street and noted its for sale sign, the American Airlines pilot who has developed several chain hotels decided he had to call the seller, even as he assumed the building was out of his price range." ...
"The object of Wyant's acquisition was the century old Audubon Building that once housed professional offices and retail shops, but has lain empty for more than a decade.
Wyant plans to reopen it as The Saint Hotel in mid-December.
The Dallas developer puchased the building in foreclosure for $5.35 million in April 2010. He plans to give it new life after a one-and-a-half-year renovation costing more than $39 million." ...
for the complete story
Former Audubon Building is being redeveloped as a New Orleans hotel
Published: Wednesday, August 17, 2011, 5:14 PM Updated: Thursday, August 18, 2011, 12:03 PM
By Jaquetta White
"He hadn't intended to buy a hotel. In New Orleans only for a day as he and his family waited out bad weather before resuming their trip home to Dallas from Florida, David Mark Wyant had only planned to take a stroll down Canal Street.
But as he passed a venerable but derelict building at the corner of Burgundy Street and noted its for sale sign, the American Airlines pilot who has developed several chain hotels decided he had to call the seller, even as he assumed the building was out of his price range." ...
"The object of Wyant's acquisition was the century old Audubon Building that once housed professional offices and retail shops, but has lain empty for more than a decade.
Wyant plans to reopen it as The Saint Hotel in mid-December.
The Dallas developer puchased the building in foreclosure for $5.35 million in April 2010. He plans to give it new life after a one-and-a-half-year renovation costing more than $39 million." ...
for the complete story
LV Wheel in the news!
from yesterday's USA Today (8/17)
Las Vegas plans to top London Eye with massive Ferris wheel
By Barbara Delollis
"LAS VEGAS – Las Vegas is set to get a bigger American-style version of one of London's popular tourist attractions, the London Eye.
Next month, Caesars Entertainment plans to start digging to lay the foundation for a 550-foot-tall observation wheel behind the company's Imperial Palace and Flamingo hotels that it expects to open toward the end of 2013." ...
for the complete story
Las Vegas plans to top London Eye with massive Ferris wheel
By Barbara Delollis
"LAS VEGAS – Las Vegas is set to get a bigger American-style version of one of London's popular tourist attractions, the London Eye.
Next month, Caesars Entertainment plans to start digging to lay the foundation for a 550-foot-tall observation wheel behind the company's Imperial Palace and Flamingo hotels that it expects to open toward the end of 2013." ...
for the complete story
CA hotel occupancy on the rise
from today's L.A. Times (8/18):
Hotel industry recovers as travelers fill rooms
By Roger Vincent
August 18, 2011
"Occupancy is rising this year following a drought of business and leisure guests amid the recession. Hoteliers have reduced discounting but largely have resisted raising room prices." ....
"Hundreds of California hotels did go into financial default, but the tide turned this year as travelers ventured forth again, industry analysts said. Terranea alone expects to have more than 740,000 paying hotel and restaurant guests this year, a 22% increase over 2010." ....
for the complete story
Hotel industry recovers as travelers fill rooms
By Roger Vincent
August 18, 2011
"Occupancy is rising this year following a drought of business and leisure guests amid the recession. Hoteliers have reduced discounting but largely have resisted raising room prices." ....
"Hundreds of California hotels did go into financial default, but the tide turned this year as travelers ventured forth again, industry analysts said. Terranea alone expects to have more than 740,000 paying hotel and restaurant guests this year, a 22% increase over 2010." ....
for the complete story
CA high-speed rail under attack
from today's Sacramento Bee (8/18):
Jerry Brown backs going forward with high-speed rail project
By David Siders
Published: Thursday, Aug. 18, 2011 - 12:00 am | Page 3A
"FRESNO – Gov. Jerry Brown said Wednesday that California should press forward with its troubled high-speed rail project, despite growing criticism about the project's management and cost." ...
for the complete story
Jerry Brown backs going forward with high-speed rail project
By David Siders
Published: Thursday, Aug. 18, 2011 - 12:00 am | Page 3A
"FRESNO – Gov. Jerry Brown said Wednesday that California should press forward with its troubled high-speed rail project, despite growing criticism about the project's management and cost." ...
for the complete story
Green roofs cropping up all over Indy
from the Indiana Star (8/12)
Gardens are growing on green roofs around town
by Brab Berggoetz 5:17 AM, Aug. 12, 2011
"All around the area are signs that Indianapolis is embracing the idea of creating a green community." ...
"The Nature Conservancy's new building boasts native plants and grasses and a unique system that preserves rainwater for flushing toilets and watering landscaping." ...
"The Children's Museum is using a new "green" area outside its second-floor atrium and a rain garden as a way to become more sustainable and to educate visitors.
What makes these green initiatives new? They are doing it all on the rooftops, creating "green roofs" that essentially grow plants -- grasses, shrubs, trees, even vegetables, on the roof." ...
for the complete story
Gardens are growing on green roofs around town
by Brab Berggoetz 5:17 AM, Aug. 12, 2011
"All around the area are signs that Indianapolis is embracing the idea of creating a green community." ...
"The Nature Conservancy's new building boasts native plants and grasses and a unique system that preserves rainwater for flushing toilets and watering landscaping." ...
"The Children's Museum is using a new "green" area outside its second-floor atrium and a rain garden as a way to become more sustainable and to educate visitors.
What makes these green initiatives new? They are doing it all on the rooftops, creating "green roofs" that essentially grow plants -- grasses, shrubs, trees, even vegetables, on the roof." ...
for the complete story
UConn creates economic development VP
from the Hartford Courant (8/16):
UConn President Establishes Vice Presidency For Economic Development
Herbst Says New Post Is One Of Her Highest Priorities
August 16, 2011|By KATHLEEN MEGAN
"UConn's new president, Susan Herbst, is so concerned about the state's economic development — and the university's contribution to it — that she is establishing a new university vice president position.
Herbst embarked on the search for a vice president for economic development earlier this month and hopes to have the job filled by mid-September." ...
"The new vice president will "work with all kinds of industries and disciplines to create jobs and fuel the economy," Herbst said, "but also will help faculty take their inventions to market and form companies. … This is meant to signal that we are far more serious about trying to create jobs and boost the economy." " ....
for the complete story
UConn President Establishes Vice Presidency For Economic Development
Herbst Says New Post Is One Of Her Highest Priorities
August 16, 2011|By KATHLEEN MEGAN
"UConn's new president, Susan Herbst, is so concerned about the state's economic development — and the university's contribution to it — that she is establishing a new university vice president position.
Herbst embarked on the search for a vice president for economic development earlier this month and hopes to have the job filled by mid-September." ...
"The new vice president will "work with all kinds of industries and disciplines to create jobs and fuel the economy," Herbst said, "but also will help faculty take their inventions to market and form companies. … This is meant to signal that we are far more serious about trying to create jobs and boost the economy." " ....
for the complete story
Stadium naming rights buyout in Denver
from Venues Today (8/16):
Sports Authority Strikes Mile High Deal in Denver
The sporting goods store took over the remainder of Invesco’s contract for the Broncos' stadium
by Jessica Boudevin
Published: August 16, 2011
"Goodbye Invesco Field, hello Sports Authority Field at Mile High.
The sporting goods retailer has taken over the last nine years of Invesco’s naming rights contract with the Metropolitan Football Stadium District and the Denver Broncos of the National Football League. Signs could change as soon as Aug. 17." ...
for the complete story and details of the deal
Sports Authority Strikes Mile High Deal in Denver
The sporting goods store took over the remainder of Invesco’s contract for the Broncos' stadium
by Jessica Boudevin
Published: August 16, 2011
"Goodbye Invesco Field, hello Sports Authority Field at Mile High.
The sporting goods retailer has taken over the last nine years of Invesco’s naming rights contract with the Metropolitan Football Stadium District and the Denver Broncos of the National Football League. Signs could change as soon as Aug. 17." ...
for the complete story and details of the deal
Tuesday, August 16, 2011
Healthcare buildings
Architectural Record (8/2011) is offering a feature on healthcare buildings -- not in article form, but in a series of building profiles.
Gleneagles makeover
from the Scotsman (8/3)
Golf: Gleneagles poised to splash £500k on sub-air system for all greens
Published Date: 03 August 2011
By Martin Dempster
"GLENEAGLES could be set to splash out £500,000 to install a revolutionary sub-air system in all the greens on the PGA Centenary Course ahead of the 2014 Ryder Cup." ...
for the complete story
Golf: Gleneagles poised to splash £500k on sub-air system for all greens
Published Date: 03 August 2011
By Martin Dempster
"GLENEAGLES could be set to splash out £500,000 to install a revolutionary sub-air system in all the greens on the PGA Centenary Course ahead of the 2014 Ryder Cup." ...
for the complete story
LV CityCenter MGM to come down
from today's Washington Post (8/16):
MGM Resorts seeks county OK to demolish defective Harmon hotel tower at CityCenter in Vegas
By Associated Press, Published: August 15
"LAS VEGAS — Casino company MGM Resorts International is seeking county approval to demolish the defective Harmon hotel tower on the Las Vegas Strip, concluding it’s not worth the time, money or effort to salvage the building and open.
Responding to calls from county officials in Sin City to come up with a plan, the Las Vegas company said Monday it now wants to implode the stylish blue oval cylinder because structural defects prevent it from being used. A structural engineer said in a report last month that the building wouldn’t hold up in a strong earthquake." ...
for the complete story
MGM Resorts seeks county OK to demolish defective Harmon hotel tower at CityCenter in Vegas
By Associated Press, Published: August 15
"LAS VEGAS — Casino company MGM Resorts International is seeking county approval to demolish the defective Harmon hotel tower on the Las Vegas Strip, concluding it’s not worth the time, money or effort to salvage the building and open.
Responding to calls from county officials in Sin City to come up with a plan, the Las Vegas company said Monday it now wants to implode the stylish blue oval cylinder because structural defects prevent it from being used. A structural engineer said in a report last month that the building wouldn’t hold up in a strong earthquake." ...
for the complete story
Monday, August 15, 2011
Healthcare real estate on the rise
According to Western Real Estate Business (August issue), the "Healthcare Industry Pciks Up the Pace."
If you want to read the newsy, but not data-rich article, let Ruth know.
If you want to read the newsy, but not data-rich article, let Ruth know.
Museum/City Hall to get solar free
from today's The Olympian (WA) (8/15):
Solar panels considered for museum, City Hall
MATT BATCHELDOR; Staff writer
Published: 08/15/1112:00 am | Updated: 08/15/1112:46 am
"OLYMPIA – Olympia’s new City Hall and under-construction Hands On Children’s Museum may get energy-saving solar panels.
The city is considering a proposal from Tangerine Power of Seattle to install the panels on the buildings at no cost to the city. The city would lease rooftop space to Tangerine for nine years for $1 per year, said Assistant City Manager Jay Burney. In turn, Tangerine would be responsible for installing and maintaining the systems, and get paid in state incentives." ...
for the complete story
Solar panels considered for museum, City Hall
MATT BATCHELDOR; Staff writer
Published: 08/15/1112:00 am | Updated: 08/15/1112:46 am
"OLYMPIA – Olympia’s new City Hall and under-construction Hands On Children’s Museum may get energy-saving solar panels.
The city is considering a proposal from Tangerine Power of Seattle to install the panels on the buildings at no cost to the city. The city would lease rooftop space to Tangerine for nine years for $1 per year, said Assistant City Manager Jay Burney. In turn, Tangerine would be responsible for installing and maintaining the systems, and get paid in state incentives." ...
for the complete story
Blythe airfield potential solar plant
from today's Press Enterprise (8/15):
Solar plant wants abandoned WWII-era airfield near Blythe
10:00 PM PDT on Sunday, August 14, 2011
By DAVID DANELSKI
"A 2.2-square-mile solar energy project sought for an abandoned World War II-era airfield in eastern Riverside County is moving forward without the environmental controversy faced by other projects.
And that's just what developers, the Santa Monica-based SolarReserve company, had hoped for when selecting land for the Rice Solar Energy Project that is just south of Highway 62 about 40 miles northwest of Blythe.
By choosing disturbed lands, the company has so far avoided protests from environmentalists who want to protect desert tortoises and other wildlife, said Tom Georgis, a senior vice president of development for SolarReserve." ...
for the complete story
Solar plant wants abandoned WWII-era airfield near Blythe
10:00 PM PDT on Sunday, August 14, 2011
By DAVID DANELSKI
"A 2.2-square-mile solar energy project sought for an abandoned World War II-era airfield in eastern Riverside County is moving forward without the environmental controversy faced by other projects.
And that's just what developers, the Santa Monica-based SolarReserve company, had hoped for when selecting land for the Rice Solar Energy Project that is just south of Highway 62 about 40 miles northwest of Blythe.
By choosing disturbed lands, the company has so far avoided protests from environmentalists who want to protect desert tortoises and other wildlife, said Tom Georgis, a senior vice president of development for SolarReserve." ...
for the complete story
Canadian cultural institutions funding
from today's Ottawa Citizen (8/15):
Wanted: Private money for public dreams
By Mohammed Adam, Ottawa Citizen
"Large-scale cultural projects in Toronto, Edmonton and Calgary couldn't have happened without strong support and hefty donations from individuals and corporations, according to some experts. So why can't Ottawa tap into a similar wellspring? Mohammed Adam explains.
In 2006, as the fundraising drive for a new concert hall began in earnest, Julian Armour had high hopes that a private donor would step forward with the $8 million his group needed to seal the deal.
He had seen several cities pull off such projects with the help of private donations, and he was fairly confident a corporate Good Samaritan would emerge to make the concert hall dream a reality." ...
for the complete story
Wanted: Private money for public dreams
By Mohammed Adam, Ottawa Citizen
"Large-scale cultural projects in Toronto, Edmonton and Calgary couldn't have happened without strong support and hefty donations from individuals and corporations, according to some experts. So why can't Ottawa tap into a similar wellspring? Mohammed Adam explains.
In 2006, as the fundraising drive for a new concert hall began in earnest, Julian Armour had high hopes that a private donor would step forward with the $8 million his group needed to seal the deal.
He had seen several cities pull off such projects with the help of private donations, and he was fairly confident a corporate Good Samaritan would emerge to make the concert hall dream a reality." ...
for the complete story
Macau hotel casinos making bank
from today's Hotel News Now (8/15):
Macau holds riches for casino-hotels
15 August 2011
By Shawn A. Turner
"MACAU— ... The Chinese region has been, and is expected to continue to be, a gold mine for the lucky few hotel-casinos that have been granted licenses to operate there.
Net revenue at the company’s Macau operations totaled US$976.51 million during the second quarter this year, a 36.7% increase over US$714.41 million a year earlier, according to a 9 August U.S. Securities and Exchange Commission filing. By comparison, net revenue at Wynn’s Las Vegas operations totaled US$390.85 million during the quarter." ...
for the complete
Macau holds riches for casino-hotels
15 August 2011
By Shawn A. Turner
"MACAU— ... The Chinese region has been, and is expected to continue to be, a gold mine for the lucky few hotel-casinos that have been granted licenses to operate there.
Net revenue at the company’s Macau operations totaled US$976.51 million during the second quarter this year, a 36.7% increase over US$714.41 million a year earlier, according to a 9 August U.S. Securities and Exchange Commission filing. By comparison, net revenue at Wynn’s Las Vegas operations totaled US$390.85 million during the quarter." ...
for the complete
Hotel beekeeping
from today's Hotel News Now (8/15):
Hotels abuzz with onsite beekeeping
12 August 2011
By Patrick Mayock
"INTERNATIONAL REPORT—The realm of sustainable hotel operations is abuzz, and the sound isn’t merely metaphorical.
In one of the newest—and sweetest—trends in the “green” movement, hotel companies such as Fairmont Hotels & Resorts and Marriott International are engaging in on-site beekeeping, offering guests the honey as well as the experience of interacting with their hive-dwelling hotel residents." ...
for the complete story
Hotels abuzz with onsite beekeeping
12 August 2011
By Patrick Mayock
"INTERNATIONAL REPORT—The realm of sustainable hotel operations is abuzz, and the sound isn’t merely metaphorical.
In one of the newest—and sweetest—trends in the “green” movement, hotel companies such as Fairmont Hotels & Resorts and Marriott International are engaging in on-site beekeeping, offering guests the honey as well as the experience of interacting with their hive-dwelling hotel residents." ...
for the complete story
Vernon in deeper soup
from yesterday's L.A. Times (8/14):
Complex financial deals and energy projects cost Vernon millions
By Sam Allen and Hector Becerra
August 13, 2011, 7:16 p.m.
"In the last six years, the tiny industrial city has amassed nearly half a billion dollars of debt and lost more than $130 million through aggressive investments and energy projects that one expert called 'too risky.'" ...
"The city of Vernon has amassed nearly half a billion dollars of debt and suffered major losses over the last six years in an aggressive pursuit of investments through its electric utility, according to a Times analysis of the city's financial records.
"Even as the city's losses mounted, Vernon's leaders continued to push for more complex and grandiose projects. Officials bought a 15-year supply of natural gas at a fixed rate ..." ...
For the complete story
Complex financial deals and energy projects cost Vernon millions
By Sam Allen and Hector Becerra
August 13, 2011, 7:16 p.m.
"In the last six years, the tiny industrial city has amassed nearly half a billion dollars of debt and lost more than $130 million through aggressive investments and energy projects that one expert called 'too risky.'" ...
"The city of Vernon has amassed nearly half a billion dollars of debt and suffered major losses over the last six years in an aggressive pursuit of investments through its electric utility, according to a Times analysis of the city's financial records.
"Even as the city's losses mounted, Vernon's leaders continued to push for more complex and grandiose projects. Officials bought a 15-year supply of natural gas at a fixed rate ..." ...
For the complete story
Yosemite visitors
from today's L.A. Times (8/15):
A park full of peril
By Tony Barboza
"This summer's deaths at Yosemite National Park point out a conundrum: For many, the danger in nature is part of the appeal. Park officials say it's up to visitors to make the right decisions." ...
for the complete story
A park full of peril
By Tony Barboza
"This summer's deaths at Yosemite National Park point out a conundrum: For many, the danger in nature is part of the appeal. Park officials say it's up to visitors to make the right decisions." ...
for the complete story
Friday, August 12, 2011
New to your Library
Feel free to request some new items on the shelves --
Milken Institute's Best-Performing Cities, 2010
GuideStar's The 2010 Nonprofit Fundraising Survey
Brooking's Missed Opportunity: Transit and Jobs in Metropolitan America
NSGA's Sports Participation, 2010
Milken Institute's Best-Performing Cities, 2010
GuideStar's The 2010 Nonprofit Fundraising Survey
Brooking's Missed Opportunity: Transit and Jobs in Metropolitan America
NSGA's Sports Participation, 2010
Met sees surge in museum membership sales
from yesterday's Wall Street Journal (8/11)
Memberships Spike at Met
McQueen Exhibit Brightens the Horizon.
By PIA CATTON
"The long lines for the Metropolitan Museum of Art's blockbuster exhibit "Alexander McQueen: Savage Beauty" have gone away, but the lasting effect for the museum is the influx of new members. During the exhibit's run from May 4 to Aug. 7, some 25,000 memberships were purchased at prices between $70 and $550.
"In terms of enlarging the Met family, it's crucial," said the museum's spokesman, Harold Holzer. "Membership is a major source of revenue and repeat visitation."
Membership contributions make up about 10% of the institution's annual operating budget, and the support goes toward general programming plans, rather than any specific future exhibition. The McQueen bump is at least double the number that joined during the same period last year, and could help offset recession-era shifts in the museum's $2.3 billion endowment." ...
for the complete story
Memberships Spike at Met
McQueen Exhibit Brightens the Horizon.
By PIA CATTON
"The long lines for the Metropolitan Museum of Art's blockbuster exhibit "Alexander McQueen: Savage Beauty" have gone away, but the lasting effect for the museum is the influx of new members. During the exhibit's run from May 4 to Aug. 7, some 25,000 memberships were purchased at prices between $70 and $550.
"In terms of enlarging the Met family, it's crucial," said the museum's spokesman, Harold Holzer. "Membership is a major source of revenue and repeat visitation."
Membership contributions make up about 10% of the institution's annual operating budget, and the support goes toward general programming plans, rather than any specific future exhibition. The McQueen bump is at least double the number that joined during the same period last year, and could help offset recession-era shifts in the museum's $2.3 billion endowment." ...
for the complete story
Feds fund Riverside Solar project
from the Press Enterprise (8/10):
ENERGY: Feds approve huge Riverside County solar project
10:00 PM PDT on Wednesday, August 10, 2011
By BEN GOAD
"WASHINGTON - U. S. Interior Secretary Ken Salazar on Wednesday approved an eastern Riverside County solar power project expected to create hundreds of local jobs, generate enough energy to power more than 165,000 homes and pump hundreds of millions of dollars into the region's struggling economy.
Covering over 4,100 acres east of Palm Springs, the project, under development by Arizona-based First Solar, would generate 550 megawatts of solar power." ...
for the full story
ENERGY: Feds approve huge Riverside County solar project
10:00 PM PDT on Wednesday, August 10, 2011
By BEN GOAD
"WASHINGTON - U. S. Interior Secretary Ken Salazar on Wednesday approved an eastern Riverside County solar power project expected to create hundreds of local jobs, generate enough energy to power more than 165,000 homes and pump hundreds of millions of dollars into the region's struggling economy.
Covering over 4,100 acres east of Palm Springs, the project, under development by Arizona-based First Solar, would generate 550 megawatts of solar power." ...
for the full story
Niagara Falls tourism flat
from yesterday's Niagara Falls Review (8/11)
Tourism 'flat' in Falls
By RAY SPITERI Niagara Falls Review
"It could be better. It could be worse.
But with the peak season of tourism upon us, the general consensus among operators is business has been "mediocre" and "flat," says Niagara Falls Tourism chairman Wayne Thomson." ...
"Thomson said Americans once made up about 65% of the visitors to Niagara Falls. He said it would be optimistic to think that figure is at 25% now." ...
for the complete story
Tourism 'flat' in Falls
By RAY SPITERI Niagara Falls Review
"It could be better. It could be worse.
But with the peak season of tourism upon us, the general consensus among operators is business has been "mediocre" and "flat," says Niagara Falls Tourism chairman Wayne Thomson." ...
"Thomson said Americans once made up about 65% of the visitors to Niagara Falls. He said it would be optimistic to think that figure is at 25% now." ...
for the complete story
Financing hotel projects with ground leases
from today's Hotels online edition (8/12):
How to maximize ground leases to finance hotel projects
By Guest Contributor on 8/12/2011
"Although not without unique challenges, a long-term ground lease may be an appropriate structure for facilitating financing for some new hotel projects, especially in the current atmosphere of ongoing tight credit." ...
for the complete story
How to maximize ground leases to finance hotel projects
By Guest Contributor on 8/12/2011
"Although not without unique challenges, a long-term ground lease may be an appropriate structure for facilitating financing for some new hotel projects, especially in the current atmosphere of ongoing tight credit." ...
for the complete story
150k+ attendance at outlet center opening
from today's Global Outlet News Brief (8/12):
161,000 attend Oklahoma outlet center opening
"OKLAHOMA CITY – Horizon Group Properties and CBL & Assocs. Properties were walking on air and doing virtual backflips – in 107 degree heat – at the grand opening of their joint-venture outlet center on Aug. 4.
The next day and through the weekend, more than 161,000 visited the 100-percent leased center, and traffic into the center from Interstate 40 stretched for three miles. The biggest worry the developers had was that happy problem of too few parking spaces." ...
For a full article on the Center see the September issue of VRN.
For press news on the development see the developer's news zone
161,000 attend Oklahoma outlet center opening
"OKLAHOMA CITY – Horizon Group Properties and CBL & Assocs. Properties were walking on air and doing virtual backflips – in 107 degree heat – at the grand opening of their joint-venture outlet center on Aug. 4.
The next day and through the weekend, more than 161,000 visited the 100-percent leased center, and traffic into the center from Interstate 40 stretched for three miles. The biggest worry the developers had was that happy problem of too few parking spaces." ...
For a full article on the Center see the September issue of VRN.
For press news on the development see the developer's news zone
Korean solar firm comes to CA
from today's Sacramento Bee (8/12):
Korean solar firm sets capital as U.S. base
Published: Friday, Aug. 12, 2011 - 12:00 am | Page 6B
"Sacramento became the U.S. headquarters Wednesday for a Korean solar energy company.
For starters, Global Solar Energy Corp.'s decision will bring 10 jobs to Sacramento." ...
for the complete story
Korean solar firm sets capital as U.S. base
Published: Friday, Aug. 12, 2011 - 12:00 am | Page 6B
"Sacramento became the U.S. headquarters Wednesday for a Korean solar energy company.
For starters, Global Solar Energy Corp.'s decision will bring 10 jobs to Sacramento." ...
for the complete story
Wednesday, August 3, 2011
Fed speaks on healthy community development
For those of us interested in community development and/or the healthcare industry market -- the link below will take you to videos and presentations from "Healthy Communities: The Intersection of Community Development and Health," a 2011 conference hosted by the Federal Reserve Bank of Boston, are available on the Boston Fed's web site:
Healthy Communities
While the initial series of presentations is from the health worker perspective (covering health care delivery and the existing positive impacts of modern development on community health, etc.) , the second half of the offerings are from planners, cities, and the like discussing our side of things ranging from TOD to incentivizing healthy development.
Healthy Communities
While the initial series of presentations is from the health worker perspective (covering health care delivery and the existing positive impacts of modern development on community health, etc.) , the second half of the offerings are from planners, cities, and the like discussing our side of things ranging from TOD to incentivizing healthy development.
Friday, July 29, 2011
Brookings reports on the green economy
The Brookings Institute has released the report companion to its July 13th conference on the event of and trends in the green economy. The full report is in the Library, but you can also check out videos of 2 panels and the welcome session of the conference at the Brookings conference page
CA wind turbine rebate program in trouble
from today's Sacramento Bee (7/29):
Turbine maker accused of fraud
By Anne Gonzales
Published: Friday, Jul. 29, 2011 - 12:00 am | Page 6B
"The state's wind power rebate program is in a tailspin, after the California Energy Commission accused a turbine manufacturer of fraud this week.
The program for getting wind power rebates was suspended March 4 to allow the commission time to review a flurry of applications from DyoCore Inc. customers, who have already collected more than $515,000 in rebates.
Another 249 rebates for systems using DyoCore turbines were approved for almost $6.4 million, but not paid, and 1,069 rebate applications using DyoCore turbines, totaling more than $31 million, are pending review." ...
For the complete story
Turbine maker accused of fraud
By Anne Gonzales
Published: Friday, Jul. 29, 2011 - 12:00 am | Page 6B
"The state's wind power rebate program is in a tailspin, after the California Energy Commission accused a turbine manufacturer of fraud this week.
The program for getting wind power rebates was suspended March 4 to allow the commission time to review a flurry of applications from DyoCore Inc. customers, who have already collected more than $515,000 in rebates.
Another 249 rebates for systems using DyoCore turbines were approved for almost $6.4 million, but not paid, and 1,069 rebate applications using DyoCore turbines, totaling more than $31 million, are pending review." ...
For the complete story
China hotel market bottomed in 2009, rising now
from today's Hotels News (7/29):
China bottomed out in 2009: Horwath study
By Jeff Weinstein on 7/28/2011
"The 2011 China Hotel Industry Study created by Horwath HTL shows a revival in 2010 performance, especially in the major markets, after four years of declining performance levels. Primary markets such as Beijing, Shanghai, Guangzhou and Shenzhen all recorded strong growth in RevPAR and GOP performance.
GOP levels increased for all star-rating categories with 5-star hotels recording a 28% increase in GOP at RMB 117,448 per available room (PAR); 4-star hotels recording a 27% increase in GOP at RMB 61,260 PAR; and 3-star hotels recording by far the largest increase of 52% and a GOP of RMB 35,950 PAR." ...
for the complete story
China bottomed out in 2009: Horwath study
By Jeff Weinstein on 7/28/2011
"The 2011 China Hotel Industry Study created by Horwath HTL shows a revival in 2010 performance, especially in the major markets, after four years of declining performance levels. Primary markets such as Beijing, Shanghai, Guangzhou and Shenzhen all recorded strong growth in RevPAR and GOP performance.
GOP levels increased for all star-rating categories with 5-star hotels recording a 28% increase in GOP at RMB 117,448 per available room (PAR); 4-star hotels recording a 27% increase in GOP at RMB 61,260 PAR; and 3-star hotels recording by far the largest increase of 52% and a GOP of RMB 35,950 PAR." ...
for the complete story
Are Science Museums suffering for being too childish?
from the UK Museums Association news (7/20)
Are science collections headed for extinction?
Geraldine Kendall, 20.07.2011
"The future of science collections is up for debate at the Museums Association conference in Brighton this October.
In a session chaired by Ian Blatchford, director of the National Museum of Science and Industry (NMSI), a panel of experts will look at whether science and technology museums have lost sight of their collections.
The panel will argue that while art galleries and history museums have flourished with impressive new displays bringing collections to a wider audience, science museums have morphed into science centres aimed almost exclusively at children." ....
for the complete pre-conference news
Are science collections headed for extinction?
Geraldine Kendall, 20.07.2011
"The future of science collections is up for debate at the Museums Association conference in Brighton this October.
In a session chaired by Ian Blatchford, director of the National Museum of Science and Industry (NMSI), a panel of experts will look at whether science and technology museums have lost sight of their collections.
The panel will argue that while art galleries and history museums have flourished with impressive new displays bringing collections to a wider audience, science museums have morphed into science centres aimed almost exclusively at children." ....
for the complete pre-conference news
WTC retail bought by Westfield
from this morning's RE Business Online (7/29)
WESTFIELD SIGNS ON FOR $612.5M INVESTMENT IN WTC RETAIL COMPONENT
"NEW YORK CITY — The Westfield Group (ASX: WDC) has agreed in principle with The Port Authority of New York and New Jersey on the commercial terms for a joint venture of the retail component at the World Trade Center site. Westfield will invest $612.5 million for a 50 percent share of the joint venture, which is subject to potential increases of up to $37.5 million based on achievement of agreed yield targets. The investment will be funded progressively after the closing throughout the development period. The transaction is subject to completion of legal documentation, due diligence and final Board approvals and is expected to close in fourth quarter 2011." ...
for the complete story
WESTFIELD SIGNS ON FOR $612.5M INVESTMENT IN WTC RETAIL COMPONENT
"NEW YORK CITY — The Westfield Group (ASX: WDC) has agreed in principle with The Port Authority of New York and New Jersey on the commercial terms for a joint venture of the retail component at the World Trade Center site. Westfield will invest $612.5 million for a 50 percent share of the joint venture, which is subject to potential increases of up to $37.5 million based on achievement of agreed yield targets. The investment will be funded progressively after the closing throughout the development period. The transaction is subject to completion of legal documentation, due diligence and final Board approvals and is expected to close in fourth quarter 2011." ...
for the complete story
Thursday, July 28, 2011
AECOM and solar energy in the news!
from the Sacramento Bee (7/25):
Less red tape on solar projects would mean more jobs, study says
By Rick Daysog
Published: Monday, Jul. 25, 2011 - 12:00 am | Page 5B
"Reducing government red tape for the California solar industry would create nearly 4,000 additional jobs statewide over the next decade, according to a new study.
SunRun, a leading San Francisco-based solar provider, said inconsistent government permitting processes in California add nearly $2,500 to the average cost of installing a residential solar power system, creating barriers to growth for the fast-emerging industry." ....
"The SunRun report, conducted by the engineering consulting firm AECOM, estimated that a streamlined and uniform permitting system would reduce costs by as much as 76 percent, or about $1,900, for each residential solar project."....
for the complete story
Less red tape on solar projects would mean more jobs, study says
By Rick Daysog
Published: Monday, Jul. 25, 2011 - 12:00 am | Page 5B
"Reducing government red tape for the California solar industry would create nearly 4,000 additional jobs statewide over the next decade, according to a new study.
SunRun, a leading San Francisco-based solar provider, said inconsistent government permitting processes in California add nearly $2,500 to the average cost of installing a residential solar power system, creating barriers to growth for the fast-emerging industry." ....
"The SunRun report, conducted by the engineering consulting firm AECOM, estimated that a streamlined and uniform permitting system would reduce costs by as much as 76 percent, or about $1,900, for each residential solar project."....
for the complete story
Border zone industrial real estate on the rise
from this morning's RE Business Online newsletter (7/28):
El Paso/Juarez Industrial
Activity is picking up on both sides of the border.
07/19/11
"Industrial real estate activity is up in the El Paso/Juarez, Mexico metro area, indicating that the recession-driven slump, which had been intensified by reported violence on the border, has not deterred companies from making long-term commitments to the region. The increase in industrial leasing and sales, as well as improved employment statistics and increasing commercial truck crossing data are all positive signs for the future of the local industrial economy.
The industrial market in El Paso and Juarez totals 115 million square feet split between two countries and is an intersection of international manufacturing firms, global supply chains and the local economy. During the past 3 years both the global recession and security situation in Mexico have reverberated across the industrial market.
However, industrial leasing and sale activity is up on both sides of the border" ....
for the complete story
El Paso/Juarez Industrial
Activity is picking up on both sides of the border.
07/19/11
"Industrial real estate activity is up in the El Paso/Juarez, Mexico metro area, indicating that the recession-driven slump, which had been intensified by reported violence on the border, has not deterred companies from making long-term commitments to the region. The increase in industrial leasing and sales, as well as improved employment statistics and increasing commercial truck crossing data are all positive signs for the future of the local industrial economy.
The industrial market in El Paso and Juarez totals 115 million square feet split between two countries and is an intersection of international manufacturing firms, global supply chains and the local economy. During the past 3 years both the global recession and security situation in Mexico have reverberated across the industrial market.
However, industrial leasing and sale activity is up on both sides of the border" ....
for the complete story
Sacramento arena financing plan?
from this morning's Sacramento Bee (7/28);
Mayor's panel focuses on 'user fees' to fund new Sacramento arena
By Tony Bizjak, Ryan Lillis and Dale Kasler
Published: Thursday, Jul. 28, 2011 - 12:00 am | Page 1A
Last Modified: Thursday, Jul. 28, 2011 - 8:25 am
"Five years ago, Sacramento tried to finance a downtown sports and entertainment arena by asking voters to tax themselves. The result: an overwhelming "No way!"
With just weeks to go before a Sept. 8 deadline to reveal a new arena financing plan, the mayor's brain trust is taking a new approach they say will be more palatable.
New taxes are unlikely. Instead, it's pay to play.
Aides to Mayor Kevin Johnson say they're focused on user fees such as ticket surcharges for people who attend arena events. That revenue could be coupled with event-night parking fees at downtown garages, new corporate sponsorships, and up-front money from private companies that could build and operate the arena for the city." ...
for the complete story
Mayor's panel focuses on 'user fees' to fund new Sacramento arena
By Tony Bizjak, Ryan Lillis and Dale Kasler
Published: Thursday, Jul. 28, 2011 - 12:00 am | Page 1A
Last Modified: Thursday, Jul. 28, 2011 - 8:25 am
"Five years ago, Sacramento tried to finance a downtown sports and entertainment arena by asking voters to tax themselves. The result: an overwhelming "No way!"
With just weeks to go before a Sept. 8 deadline to reveal a new arena financing plan, the mayor's brain trust is taking a new approach they say will be more palatable.
New taxes are unlikely. Instead, it's pay to play.
Aides to Mayor Kevin Johnson say they're focused on user fees such as ticket surcharges for people who attend arena events. That revenue could be coupled with event-night parking fees at downtown garages, new corporate sponsorships, and up-front money from private companies that could build and operate the arena for the city." ...
for the complete story
Wednesday, July 27, 2011
New wind power for OH
from today's Akron Beacon-Post (7/27)
Wind turbine project cranks up in Jackson Township
By Dave Scott
Published: July 27, 2011 - 12:27 AM
"JACKSON TWP.: The energy business is changing and the Timken Co. is gearing up to be ready for the next generation of turbines.
The company’s partnership with Stark State College, the Stark Development Board and the Stark County Port Authority broke ground Tuesday on the $11.8 million Wind Energy Research and Development Center on 15 acres at Shuffel Drive and Frank Avenue Northwest.
The 18,000-square-foot building is expected to house 65 jobs." ...
for the complete story
Wind turbine project cranks up in Jackson Township
By Dave Scott
Published: July 27, 2011 - 12:27 AM
"JACKSON TWP.: The energy business is changing and the Timken Co. is gearing up to be ready for the next generation of turbines.
The company’s partnership with Stark State College, the Stark Development Board and the Stark County Port Authority broke ground Tuesday on the $11.8 million Wind Energy Research and Development Center on 15 acres at Shuffel Drive and Frank Avenue Northwest.
The 18,000-square-foot building is expected to house 65 jobs." ...
for the complete story
Life Science industry boosted near Phoenix
from today's Life Science's Site Selection release (7/27):
Anderson Grows in Gilbert
The Banner M.D. Anderson Cancer Center is set to open in Gilbert, Ariz., on Sept. 26.
The Phoenix suburb gets a boost from a new cancer center.
by JOHN W. McCURRY
"The planned Sept. 26 opening of the Banner M.D. Anderson Cancer Center in the Phoenix suburb of Gilbert could be the impetus for development of a major regional and national life sciences industry, city officials say. The city is also poised to become a major center of stem cell research.
John Lewis was elected mayor of Gilbert, which has a population of about 215,000, in May 2009. He previously lived in Houston for several years and has long been aware of the impact of Houston-based M.D. Anderson and its reputation as a leading cancer center. He says M.D. Anderson's investment in Gilbert, along with the Celebration Stem Cell Centre (CSSC), help give Gilbert a life sciences cluster encompassing more than 2 million sq. ft. (185,800 sq. m.) and will serve as a major draw to the region." ...
for the complete story
Anderson Grows in Gilbert
The Banner M.D. Anderson Cancer Center is set to open in Gilbert, Ariz., on Sept. 26.
The Phoenix suburb gets a boost from a new cancer center.
by JOHN W. McCURRY
"The planned Sept. 26 opening of the Banner M.D. Anderson Cancer Center in the Phoenix suburb of Gilbert could be the impetus for development of a major regional and national life sciences industry, city officials say. The city is also poised to become a major center of stem cell research.
John Lewis was elected mayor of Gilbert, which has a population of about 215,000, in May 2009. He previously lived in Houston for several years and has long been aware of the impact of Houston-based M.D. Anderson and its reputation as a leading cancer center. He says M.D. Anderson's investment in Gilbert, along with the Celebration Stem Cell Centre (CSSC), help give Gilbert a life sciences cluster encompassing more than 2 million sq. ft. (185,800 sq. m.) and will serve as a major draw to the region." ...
for the complete story
Sacramento going business friendly
from this morning's Sacramento Bee (7/27) --
Sacramento aims to make itself more business friendly
By Ryan Lillis
Published: Wednesday, Jul. 27, 2011 - 12:00 am | Page 3B
"City Hall wants to fix what some officials think is a hostile business environment in Sacramento.
The city is launching an effort aimed at speeding up development and doing away with regulations criticized for scaring businesses away from the city, officials announced Tuesday.
The process will begin over the next few weeks, when the city's Community Development Department will move toward placing permitting processes online, reducing fees associated with solar projects and creating "express lanes" for some projects." ...
for the complete article
Sacramento aims to make itself more business friendly
By Ryan Lillis
Published: Wednesday, Jul. 27, 2011 - 12:00 am | Page 3B
"City Hall wants to fix what some officials think is a hostile business environment in Sacramento.
The city is launching an effort aimed at speeding up development and doing away with regulations criticized for scaring businesses away from the city, officials announced Tuesday.
The process will begin over the next few weeks, when the city's Community Development Department will move toward placing permitting processes online, reducing fees associated with solar projects and creating "express lanes" for some projects." ...
for the complete article
ACM Staycations
Want to know what North America's children's museums had to say about their summer trends and current staycation programs? Give Ruth a call.
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