Sunday, September 16, 2012

Luxury hotel told to pay P52-M to Norwegian bizman kin

Luxury hotel told to pay P52-M to Norwegian bizman kin

Luxury hotel told to pay P52-M to Norwegian bizman kin

Sun.Star website empowers Philippine communities by providing news and information from the provinces to a national and global audience. It is your link to home in the Philippines.

Rota resort unveils $170M casino plan

The owner of the Rota Resort & Country Club aims to become a big player in the gaming industry with plans to build a $170 million casino and hotel that industry leaders and government officials tout as a welcome development for the southern island in the Northern Marianas.

Coles considers selling half of hotel portfolio

Australian supermarket chain Coles is considering selling half of its $A900 million hotel portfolio to a company owned by Goldman Sachs (GS) and two hedge funds, the Australian Financial Review reported Saturday. Coles, which is owned by Wesfarmers Ltd. (WES.AU), Australia's biggest conglomerate, is in early discussions with Goldman Sachs and hedge funds York Capital and Varde Capital over 40 ...

Headquarters Hotel: Developers and Metro will negotiate over subsidies, configuration of a convention center Hyatt

In exchange for holding back 500 rooms for conventioneers, the development group wants $10.4 million to $36.1 million in government loans or grants, plus a rebate on lodging taxes collected over 30 years.

W Hotel project wins approvals to proceed

The W Hotel proposed for 1441 Chestnut St. has secured all approvals to move forward, according to the hotel company and a construction-industry website that tracks such projects in the United States.

'97 bombing victim sues hotel to get money from Ahmadinejad

A U.S. citizen injured in a 1997 suicide bombing in Jerusalem is claiming money from the Warwick New York Hotel, which will host Iranian President Mahmoud Ahmadinejad for the upcoming annual U.N. assembly, the man's lawyer says.

Vermont to receive nearly $1.5 Million in EPA Brownfields Grants - vtdigger.org

The Express Times - LehighValleyLive.comVermont to receive nearly $1.5 Million in EPA Brownfields Grantsvtdigger.orgThe goal of EPA Brownfields grants is to lead to the clean up & sustainable redevelopment of Brownfields sites, thus improving the economy and quality of life in American communities.The funding is part of more than $17 million in EPA Brownfields ...Federal grant may assist cleanup at Steel General Office, Dixie Cup plantThe Express Times - LehighValleyLive.comEPA Grant Will Help Northampton Redevelop More PropertiesU.S. EPA.gov (press release)Nov. 19 is Deadline to Apply for 2013 EPA Brownfields FundingEnvironmental Expert (press release)all 11 news articles »

Annapolis hotel investment firm offering 6.5 million shares

Public offering that closes Tuesday intended to bring in $115.2 million Annapolis-based hotel investment firm Chesapeake Lodging Trust priced its pending stock offering at $18.50 a share and increased the shares to be sold to 6.5 million, the firm announced in a statement Thursday.

Strategic Hotels & Resorts, Inc. Closes Acquisition Of The JW Marriott Essex House Hotel In New York City

CHICAGO, Sept. 14, 2012 /PRNewswire/ -- Strategic Hotels & Resorts, Inc. (NYSE: BEE) ("Company") announced today that it has closed on the acquisition of the JW Marriott Essex House Hotel in ...

New Balance gets final OK to build $500m Brighton development - Boston.com

New Balance gets final OK to build $500m Brighton developmentBoston.com... latest renderings. By Matt Rocheleau, Town Correspondent. The city's redevelopment board gave final approval Thursday to New Balance's $500 million development plan for Brighton, clearing the way for the project to break ground as soon as this fall.Boston Redevelopment Authority Approves $879M In ProjectsBanker & Tradesmanall 3 news articles »

$50M In Hercules Redevelopment Spending Questioned In Audits - CBS Local

CBS Local$50M In Hercules Redevelopment Spending Questioned In AuditsCBS LocalHERCULES (CBS SF) – Audits by State Controller John Chiang's office reveal that close to $50 million in state redevelopment funds appear to have been misspent by Hercules city officials between 2005 and 2010. Chiang's office found that Hercules' former ...Hercules audits question spending of redevelopment dollars, slam city's ...San Jose Mercury NewsHercules misspent millions, audits findSan Francisco ChronicleAudits Reveal Mismanagement in HerculesKQEDabc7news.com -Patch.comall 14 news articles »

Honeywell Awarded $40 Million Grant to Stay in NJ - Patch.com

GlobeSt.comHoneywell Awarded $40 Million Grant to Stay in NJPatch.com"In the two years since the passage of the BRRAG legislation, as Honeywell pursued local approvals for the redevelopment of its current site, the cost to complete this renovation doubled from approximately $50 million to the current estimate of just ...EDA approves $40 million incentive for HoneywellNJBIZall 3 news articles »

Bow Valley Square multi-million dollar redevelopment completed - Calgary Herald

Bow Valley Square multi-million dollar redevelopment completedCalgary HeraldCALGARY — Oxford Properties has completed a $40-million redevelopment of the downtown Bow Valley Square, calling the property one of the group's key assets. Michael Kitt, executive vice-president, Canada, for Oxford Properties who was in Calgary ...

Questions over $65m Karratha hotel

A director of the company behind a planned $65 million Hilton hotel in Karratha, championed by Regional Development Minister Brendon Grylls under Pilbara Cities, is a former bankrupt linked to a string of failed hotel proposals.

Palmer Redevelopment Authority applies for $3 million grant to support return ... - MassLive.com

MassLive.comPalmer Redevelopment Authority applies for $3 million grant to support return ...MassLive.comPALMER – The Palmer Redevelopment Authority filed for a $3 million MassWorks Infrastructure grant to support the return of passenger rail service in town, but the town manager said the application should have been endorsed by him and the Town Council ...

Major Anaheim development delayed - OCRegister

Major Anaheim development delayedOCRegisterANAHEIM – Another developer asked the city for more time to begin building in the Platinum Triangle – a sign that economic conditions aren't improving fast enough for construction to rev up again in the once-promising swath. Prologis, the developer ...

$80 Million Redevelopment Moves Forward In University City - West End Word

$80 Million Redevelopment Moves Forward In University CityWest End Word$80 Million Redevelopment Moves Forward In University City. by Steve Birmingham. September 12, 2012. The University City Council on Sept. 10 held a public hearing for a zoning map amendment for a Washington University student housing development ...

Somerset Station redevelopment plan features aquaculture pond - Fall River Herald News

Somerset Station redevelopment plan features aquaculture pondFall River Herald NewsAttorney Jan Schlichtmann, the man spearheading a $100 million redevelopment of shuttered Somerset Station, will present phase one of his plan in a public meeting at 6:30 p.m. on Thursday at the Old Town Hall building. Schlichtmann said Roger Williams ...and more »

OCEANSIDE: Downtown hotel plan revived, redesigned

A stalled $35 million hotel project on the edge of Oceanside's downtown has been revived and redesigned with a goal of starting construction by next summer.

R920 Million redevelopment set to 'modernise' Rosebank Mall - SA Commercial Prop News

R920 Million redevelopment set to 'modernise' Rosebank MallSA Commercial Prop NewsJSE listed retail-focused fund, Hyprop Investments [JSE:HYP] recently launched the R920 million redevelopment and extension of the Rosebank Mall formerly The Mall of Rosebank. Construction on the 25 month project commenced in August 2012 and is ...

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