Fitzgeralds Casino-Hotel Getting $20 Million Upgrade - Meetings Focus

Fitzgeralds Casino-Hotel Getting $20 Million Upgrade - Meetings Focus

Fitzgeralds Casino-Hotel Getting $20 Million UpgradeMeetings FocusThe owner of The D Las Vegas—who hails from Michigan— is spending $20 million to make the hotel worthy of Detroit and has signed a deal to install the first American Coney Island outside Michigan. Derek Stevens purchased the faded Fitzgeralds ...and more »

Riverchase Galleria Renovations Underway

The $60 million redevelopment of Hoover's Riverchase Galleria is in full swing, but shoppers should not expect too many disruptions in their normal routines.

Selling Charlotte: Convention business requires millions from taxpayers - Charlotte Observer

Denver PostSelling Charlotte: Convention business requires millions from taxpayersCharlotte ObserverAbout $30 million of the money annually subsidizes the convention center. • 1 percent tax on prepared food and beverages is mostly dedicated to the Charlotte Convention Center and results in $21 million. • 3 percent tax on hotel and motel rooms for ...Selling the city: Cost of conventionsWCNCall 34 news articles »

Allentown's historic Americus hotel could get NIZ tax help - Allentown Morning Call

Allentown's historic Americus hotel could get NIZ tax helpAllentown Morning CallThe Allentown Neighborhood Improvement Zone Development Authority is scheduled Thursday to initiate a $220 million bond sale that would be done in September. The money will be used to build an 8500-seat arena, office and hotel complex where the ...and more »

Greene partnership pays $6.6 million for foreclosed hotel - Palm Beach Daily News

Greene partnership pays $6.6 million for foreclosed hotelPalm Beach Daily NewsHaving made his fortune investing in financially distressed properties, billionaire Palm Beacher Jeff Greene used a limited partnership this month to buy the foreclosed Comfort Inn and Conference Center at 1901 Palm Beach Lakes Blvd., just west of ...and more »

California cities disputing redevelopment bills

SACRAMENTO -- Gov. Jerry Brown's finance department said 27 local governments have failed to pay or have underpaid the state after the governor tried to sweep up billions of dollars from community redevelopment agencies that were eliminated this

Work starts next week on JW Marriott downtown convention hotel - Austin American-Statesman

Austin American-StatesmanWork starts next week on JW Marriott downtown convention hotelAustin American-StatesmanConstruction is set to start next week on the downtown JW Marriott convention hotel, after the developer recently received final approval of the project's building plans from the city of Austin. The $300 million hotel will rise 33 stories on the east ...and more »

Millions of Hotel Room Locks Have a Glaring Security Flaw That Won't Get Fixed - Gizmodo

ForbesMillions of Hotel Room Locks Have a Glaring Security Flaw That Won't Get FixedGizmodoWith less than $50 worth of parts and only a few seconds, millions of hotel room keycard locks around the world can be hacked and unlocked by robbers-cum-hackers trying to break into your room. The good news? The security flaw can be fixed. The bad ...Hotel Lock Firm's Security Fix Requires Hardware Changes For Millions Of ...Forbesall 5 news articles »

Strategic to Buy Manhattan Essex House Hotel for $362.3 Million - Bloomberg

USA TODAYStrategic to Buy Manhattan Essex House Hotel for $362.3 MillionBloombergStrategic's purchase will be funded with cash and a $190 million mortgage from Bank of America Corp., the lodging company said. Marriott agreed to manage the hotel for 50 years and to guarantee as much as $21.5 million of hotel net operating income ...Strategic Hotels & Resorts Acquires The Essex House Hotel in New YorkHotel News ResourceStrategic Hotels to Buy Jumeirah Essex House for $362 MillionFox BusinessStrategic Hotels & Resorts, Inc. Acquires the Essex House Hotelhotel-industry.co.ukWashington Postall 59 news articles »

RLPC-UK hotel chain Travelodge agrees debt restructuring - Reuters

BBC NewsRLPC-UK hotel chain Travelodge agrees debt restructuringReutersLONDON Aug 17 (Reuters) - UK budget hotel chain Travelodge agreed a 635 million pound ($999.6 million) debt restructuring that will give lenders control of the business but confirms a significant loss for its Dubai owners who bought the company in 2006.Travelodge to write off €300m of bank debtIrish TimesUK Travelodge restructures debt, losing 49 hotelsHOTELSTravelodge agrees rescue packageAol MoneyThe Finance Pages -WalesOnline -Business Travellerall 79 news articles »

Jews Awarded Damages in California Hotel Case - New York Times

YnetnewsJews Awarded Damages in California Hotel CaseNew York TimesA jury here put the total price tag for what it held to be an anti-Semitic episode at the Hotel Shangri-La at about $1.6 million on Thursday. The award includes about $1.2 million in compensatory damages and more than $400000 in punitive damages.Santa Monica hotel owner discriminated against Jews, jury findsLos Angeles TimesJury says Muslim hotel owner discriminatedCBS Newsall 238 news articles »

Confusion over golf course plan

Confusion reigns at the City of Kalgoorlie-Boulder over the multi-million dollar redevelopment of the Kalgoorlie Golf Course.

Johor Port To Spend RM400-RM500 Million For Redevelopment, Modernisation

JOHOR BAHARU, Aug 16 (Bernama) -- Johor Port is to spend RM400 million to RM500 million to implement its five-year redevelopment and modernisation plans until 2016, Chief Executive Officer Shahrull Allam Shah Abdul Halim said today.

SAN MARCOS: City approves $15 million in wrap-up redevelopment payments

The San Marcos City Council approved nearly $15 million in next year's payments from its former redevelopment agency Tuesday, keeping on the books several items that are under dispute with the state.

Panel rules on Killara golf plan

A PLANNING panel will rule on a $14 million redevelopment of Killara golf course at a public meeting tomorrow

49ers reach agreement on stadium cash

49ers reach agreement on stadium cash The San Francisco 49ers have reached a "settlement in concept" with a Santa Clara County oversight board about $30 million in redevelopment money the city of Santa Clara promised the team for its new Silicon Valley stadium, records show. The oversight board, which has responsibility for the remaining redevelopment funds after Gov. Jerry Brown dismantled ...

Riverwalk tenants face uncertain future with $70 million redevelopment plan

Tania Dall / Eyewitness News Email: tdall@wwltv.com | Twitter: @taniadall NEW ORLEANS - The going out of business signs are popping up inside the Riverwalk Market Place just weeks after a $70 million expansion plan was announced. The mall's owners are turning the facility into an upscale outlet center. However, many locally-owned businesses now face uncertain futures. "This is another area ...

Kippa-Ring redevelopment commences

by Cheryl Tay

Some area cities had to make big payments to state for former redevelopment agencies

Some Inland Empire cities' successor agencies to their redevelopment agencies recently had to pay fees - some higher than $4 million - to the California Department of Finance, which upset city officials and a local economist.

Real Estate News: How Forgiveness Fits in Housing-Fix Toolkit - Wall Street Journal

Credit Suisse is throwing wide open a competition to lead one of the largest real-estate searches in town. Retail Rush Downtown: Almost a million square feet of new Financial District retail space—essentially the size of a suburban mall—is ...