Monday, December 31, 2012

Highland Park, Deerfield see some upgrades - Chicago Tribune

Highland Park, Deerfield see some upgrades - Chicago Tribune

Highland Park, Deerfield see some upgrades - Chicago Tribune

Highland Park, Deerfield see some upgradesChicago TribuneThose are among the capital improvement projects on tap for the new year — a list that also includes a long-awaited green light on Rosewood Beach redevelopment and a punch list of street, sewer and water main jobs in both towns. Highland Park's $30 ...and more »

State rejects Santa Rosa claims to Railroad Square funds - North Bay Business Journal

State rejects Santa Rosa claims to Railroad Square fundsNorth Bay Business JournalThat funds include $4 million for 93 senior-oriented housing units that would be the first phase of a $200 million-plus redevelopment of the historic cannery and train depot in Railroad Square central district. [See "City makes 11th-hour plea for ...

BOTTOM LINE: These stories were all business in 2012 - Journal Times

BOTTOM LINE: These stories were all business in 2012Journal TimesAlso, the owners of Porters of Racine, 301 Sixth St., announced a major, $5.5 million redevelopment plan. The sprawling building will be converted to 37 market-rate apartments and seven ground-floor retail spaces. Watch for construction to begin soon.and more »

Trends for 2013: Retail, hospitality construction rebound - North Bay Business Journal

North Bay Business JournalTrends for 2013: Retail, hospitality construction reboundNorth Bay Business JournalThe 123,000-square-foot open-air mall in downtown Napa is getting a $70 million redevelopment as a 156,000-square-foot "lifestyle" retail center, now called The Shops at Napa Center. The renovation, which includes new exteriors and common-area ...

LodgeNet Agrees To $60 Million Recapitalization With Global Investor Colony Capital

SIOUX FALLS, S.D., Dec. 31, 2012 /PRNewswire/ -- LodgeNet Interactive Corporation (Nasdaq: LNET) ("LodgeNet" or the "Company") today announced that it has entered into a definitive ...

Counting cranes to get a measure of economy - The Age

The AgeCounting cranes to get a measure of economyThe AgeOne of these is said to be a tender being put out by Sydney University for the $150 million redevelopment of its business school. There is also the planned upgrade of the Direct Factory Outlets at Homebush, the Sydney Cricket Ground, Macquarie shopping ...and more »

Middlesbrough town centre hotel plans revealed

MULTI-MILLION pound plans to transform a town centre eyesore into a major new hotel have been unveiled.

Gadsden commercial development improves in 2012 - Gadsden Times

Gadsden commercial development improves in 2012Gadsden TimesThe Gadsden City Council approved incentives of sales tax rebates totaling up to $10 million over 15 years, beginning after the development is 75 percent occupied. Blackwater has said it will spend $30 million on the development and projects annual ...

Caterpillar: Catalyst for a billion-dollar impact - Online Athens

Caterpillar: Catalyst for a billion-dollar impactOnline AthensIt's a prediction that could be argued is already coming true, with tax credits helping a $14 million redevelopment of the Jack R. Wells neighborhood get off the ground and new medical offices either open for business or being built up on the West ...

Mt. Moriah Hotel Sells for $1.3 Million

The 196-room Governors Inn & Suites at 2490 Mt. Moriah Road in Hickory Hill North has sold for $1.3 million to GHG Properties LLC and Jianping Zhu...

Long Island gets $60 million from NYS to fund 86 economic development projects - Examiner.com

Examiner.comLong Island gets $60 million from NYS to fund 86 economic development projectsExaminer.comLong Island has been awarded nearly $60 million in round two of the State's Regional Economic Development Councils competition, which will fund 86 projects in Nassau and Suffolk counties, Governor Andrew M. Cuomo just announced. Cuomo created the ...

CORRECTING and REPLACING Pebblebrook Hotel Trust and Denihan Hospitality Group Complete $410.0 Million, 3.67 Percent ...

Fourth graph, first sentence of release should read: ...the Company has $466.4 million in consolidated debt and $200.9 million in unconsolidated, non-recourse debt... (sted ...the

Hotel project comes with challenges

The biggest economic roadblock for a $50-million hotel and conference center in downtown Petersburg, that would possibly be built in partnership with Virginia State University, is the university itself. A study looking at the proposed project says the d

City misses out on $14 million without Convention Center hotel

JACKSON - Many conventions won't consider Jackson without connected hotel.

Pebblebrook Hotel Trust Completes $81.0 Million, 3.69 Percent, Secured Debt Financing

Pebblebrook Hotel Trust today announced that it has successfully executed a new $81.0 million non-recourse, secured loan with PNC Bank, N.A. at a fixed annual interest rate of 3.69 percent.

Hilton hotel at KCI is sold to Los Angeles company and will get an $8 million renovation

A Los Angeles-based real estate investment and development company has purchased the Hilton Kansas City Airport hotel and is planning an $8 million renovation .

Habitat for Humanity raises $2 million from Aspen hotel furniture

Habitat for Humanity Roaring Fork grossed a record $2 million in 2012, thanks in large part to the generosity of five upper valley hotels undertaking remodels.

DiamondRock Closes $74 Million Secured Financing On The Westin Washington D.C. City Center Hotel

BETHESDA, Md., Dec. 20, 2012 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it closed on a $74 million loan secured by a mortgage on its Westin ...

Hubbell to begin $7 million redevelopment of former Mitchell Transmission ... - DesMoinesRegister.com (blog)

Hubbell to begin $7 million redevelopment of former Mitchell Transmission ...DesMoinesRegister.com (blog)Hubbell Realty will begin the $7 million redevelopment of the former Mitchell Transmission building in Des Moines' Western Gateway this month. The project, called 14Forty, will consist of 37 one- and two-bedroom market-rate apartments, 57 indoor ...

AMP LIMITED : AMP Capital Shopping Centres starts $105 million ... - 4-traders

AMP LIMITED : AMP Capital Shopping Centres starts $105 million ...4-tradersOcean Keys Shopping Centre in Perth's northern coastal region is set to become a standout shopping centre for the community with construction of a $105 million redevelopment to start in January 2013. The centre is owned by investors in the AMP Capital ...and more »

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