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Friday, August 31, 2012
Notre Dame radio analyst pulled for comments - Radio & Television Business Report
hydiuco.blogspot.com
Thursday, August 30, 2012
Wednesday, August 29, 2012
Developer Jury proposes $350M convention hotel in Kansas City - San Antonio Business Journal:
adamovaichive.blogspot.com
Ron Jury, who completed the $46 milliob President Hotel project across Baltimore from the Power Light Buildingin 2005, said Friday that he is involved in a new development partnershipp that contracted early this year to buy the Power Light Building and adjoining vacant ground. The partnership, , also include of San Antonio, Jury said. It hopes to close “yet this on the site, which includes everything but the Crownr Plaza hotel in the block bounded by 13th and 14th Baltimore Avenue andWyandotte Street, he The site is owned by Details of Power Tower’s contract with Gailoyd were not disclosed, but Jury said the plan is not entirely dependent on private ownership and financing.
Accordingt to Jury’s plan, Power Tower would own the Powee & Light Building, a 31-story art-decop landmark completed in 1931. The city, which is studyintg options for addinga 1,000-room downtown conventionj hotel, would own a new 36-story tower to be builyt just west of the Powefr & Light Building, a five- or six-storgy building north of the Powerf & Light Building that would contain retail space, ballrooms and meeting and an 1,121-space parking garage under the new structures.
The twin 30-plus-storuy towers would include hotel rooms on all floors abovde and including their ninth for a total of The lower floors of the towers would includrea spa, fitness center, administrative offices, receptiob area, auditorium, retail, restaurants and meeting space. Several othere developers are expected to seekthe city’e selection of their proposeed downtown hotel sites. But if the Powert & Light site wins the competition anda public-private financingh plan is achieved, Jury said, his 1.35 million-square-foot projecf would be completed by 2013.
Locatedx next to the complex, the Power Light site is “the perfect location for a attractive andinteresting hotel,” Jury said. With construction pricese reduced because of the the time for planning the projecfis right, too, Jury said. “The original P& L Building was built in a recession and was the economic stimulus tolift K.C. Jury said in a written release. “Ir is time for the building to do it agaihn with a newconvention hotel.” He said the hotel wouldc create more than 800 construction jobs for thred years and more than 700 full-time jobs on a permanenft basis.
Gailoyd previously retained LLC asa for-feer developer for a projectt that envisioned a 15-story office building and an 18-story retail and residential tower next to the Powe & Light Building. That project received approvalfor $24.22 million worth of tax increment financing but nevedr got off the ground. Jury said the privately owned portion of his project would be eligiblw for state and federal historic tax credits to help financde the renovation of thePower & Lighr Building. has been selected as the general contractofr forthe project, and the desigh team includes Dallas-based , Pendulum Studio LLC of Kansaas City and , which is a tenant of the Powerr & Light Building.
Ron Jury, who completed the $46 milliob President Hotel project across Baltimore from the Power Light Buildingin 2005, said Friday that he is involved in a new development partnershipp that contracted early this year to buy the Power Light Building and adjoining vacant ground. The partnership, , also include of San Antonio, Jury said. It hopes to close “yet this on the site, which includes everything but the Crownr Plaza hotel in the block bounded by 13th and 14th Baltimore Avenue andWyandotte Street, he The site is owned by Details of Power Tower’s contract with Gailoyd were not disclosed, but Jury said the plan is not entirely dependent on private ownership and financing.
Accordingt to Jury’s plan, Power Tower would own the Powee & Light Building, a 31-story art-decop landmark completed in 1931. The city, which is studyintg options for addinga 1,000-room downtown conventionj hotel, would own a new 36-story tower to be builyt just west of the Powefr & Light Building, a five- or six-storgy building north of the Powerf & Light Building that would contain retail space, ballrooms and meeting and an 1,121-space parking garage under the new structures.
The twin 30-plus-storuy towers would include hotel rooms on all floors abovde and including their ninth for a total of The lower floors of the towers would includrea spa, fitness center, administrative offices, receptiob area, auditorium, retail, restaurants and meeting space. Several othere developers are expected to seekthe city’e selection of their proposeed downtown hotel sites. But if the Powert & Light site wins the competition anda public-private financingh plan is achieved, Jury said, his 1.35 million-square-foot projecf would be completed by 2013.
Locatedx next to the complex, the Power Light site is “the perfect location for a attractive andinteresting hotel,” Jury said. With construction pricese reduced because of the the time for planning the projecfis right, too, Jury said. “The original P& L Building was built in a recession and was the economic stimulus tolift K.C. Jury said in a written release. “Ir is time for the building to do it agaihn with a newconvention hotel.” He said the hotel wouldc create more than 800 construction jobs for thred years and more than 700 full-time jobs on a permanenft basis.
Gailoyd previously retained LLC asa for-feer developer for a projectt that envisioned a 15-story office building and an 18-story retail and residential tower next to the Powe & Light Building. That project received approvalfor $24.22 million worth of tax increment financing but nevedr got off the ground. Jury said the privately owned portion of his project would be eligiblw for state and federal historic tax credits to help financde the renovation of thePower & Lighr Building. has been selected as the general contractofr forthe project, and the desigh team includes Dallas-based , Pendulum Studio LLC of Kansaas City and , which is a tenant of the Powerr & Light Building.
Monday, August 27, 2012
NFL star Herschel Walker at Lejeune to help end stigma surrounding mental ... - WNCT
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NFL star Herschel Walker at Lejeune to help end stigma surrounding mental ... WNCT The lobby of Camp Lejeune's Naval Hospital was packed to hear Heisman Trophy winner and former NFL player, Herschel Walker speak about his battle with mental illness. In his speech Walker explained it started after being bullied as a child. "As a ... Footb » |
Sunday, August 26, 2012
BSG Alliance adds business heavyweight to board - Austin Business Journal:
eragywaqer.wordpress.com
Cash serves as director for a numbefr oflarge corporations, including (NYSE: GE), (NASDAQ: (NYSE: WMT), (NYSE: CB), The Boston Celtics and the Nationa l Association of Basketball Coaches He retired in 2003 as the James E. Robisom Professor and Senior Associate Dean of the Harvard UniversitgyBusiness School, where he first joined the faculty in 1976. "Having Jim Cash join the BSG Alliance boarcd is a real defininv momentfor us," says chairman and CEO Steve "His global profile, significant fiduciary wisdom and vision will be great assets to us as we continus our accelerated growth.
" BSG Alliancwe provides a a range of services -- from consulting to softwarwe applications -- for companies. The companhy is growing rapidly and make a handful of acquisitiona since it began in the Also on the BSG Alliancd boardare Papermaster, Warren Weiss of Foundation Capital and Mitchell Kertzmajn of Hummer Winblad Venture Partners. "It is clear to me that corporations are challenged to develop new business and leadershipl processes to thrivein today's always on, global economy," Cash "I am thrilled to be part of a company that is innovating a compelling new on demand business platform to meet those challenges.
"
Cash serves as director for a numbefr oflarge corporations, including (NYSE: GE), (NASDAQ: (NYSE: WMT), (NYSE: CB), The Boston Celtics and the Nationa l Association of Basketball Coaches He retired in 2003 as the James E. Robisom Professor and Senior Associate Dean of the Harvard UniversitgyBusiness School, where he first joined the faculty in 1976. "Having Jim Cash join the BSG Alliance boarcd is a real defininv momentfor us," says chairman and CEO Steve "His global profile, significant fiduciary wisdom and vision will be great assets to us as we continus our accelerated growth.
" BSG Alliancwe provides a a range of services -- from consulting to softwarwe applications -- for companies. The companhy is growing rapidly and make a handful of acquisitiona since it began in the Also on the BSG Alliancd boardare Papermaster, Warren Weiss of Foundation Capital and Mitchell Kertzmajn of Hummer Winblad Venture Partners. "It is clear to me that corporations are challenged to develop new business and leadershipl processes to thrivein today's always on, global economy," Cash "I am thrilled to be part of a company that is innovating a compelling new on demand business platform to meet those challenges.
"
Friday, August 24, 2012
MMAC: Milwaukee-area economy still sluggish - Nashville Business Journal:
oryzacody.wordpress.com
Only three of 20 April indicators registeredr improvementfrom year-ago levels, matching the number of upward-pointing indicatorz recorded in March, the MMAC said in its Economifc Trends report. "The employmen t situation continued to deteriorate with deepening job declinesd and unemployment indicators over doubler what they were oneyear ago," said Bret economic research director for the "But metro area existing homes sales rose for only the secondx time in nearly three years giving some hope for near-termj improvement in a stagnant local housing and real estatw market." Nonfarm employment in the metro area fell 4.8 percentg in April to down from March’s 4.
3 percent Employment levels have now declined comparedx with year-ago levels in each of the past 12 with April’s decline being the steepest registered in this the MMAC said. Only two of 10 major industruy sectors registered April job gains compared with oneyear ago, whil e eight registered declines. Unemployment indicators for the metro area both measuref more than twicetheir year-earlief levels. The number of unemployed in metrp Milwaukeerose 117.6% against year-agoo levels, to 70,300 compared with 32,300 in Aprill 2008. Likewise, new unemployment compensation claims rose ata 104.
6 percent rate in April to 12,101, this indicator’s third consecutive year-over-year increasee of 100 percent or greater. On the positivs side, existing homes sales for the metrlo arearose 5.6 percent in the first year-over-year increase in this indicator in seven months and only the secone such gain in nearly three years.
Only three of 20 April indicators registeredr improvementfrom year-ago levels, matching the number of upward-pointing indicatorz recorded in March, the MMAC said in its Economifc Trends report. "The employmen t situation continued to deteriorate with deepening job declinesd and unemployment indicators over doubler what they were oneyear ago," said Bret economic research director for the "But metro area existing homes sales rose for only the secondx time in nearly three years giving some hope for near-termj improvement in a stagnant local housing and real estatw market." Nonfarm employment in the metro area fell 4.8 percentg in April to down from March’s 4.
3 percent Employment levels have now declined comparedx with year-ago levels in each of the past 12 with April’s decline being the steepest registered in this the MMAC said. Only two of 10 major industruy sectors registered April job gains compared with oneyear ago, whil e eight registered declines. Unemployment indicators for the metro area both measuref more than twicetheir year-earlief levels. The number of unemployed in metrp Milwaukeerose 117.6% against year-agoo levels, to 70,300 compared with 32,300 in Aprill 2008. Likewise, new unemployment compensation claims rose ata 104.
6 percent rate in April to 12,101, this indicator’s third consecutive year-over-year increasee of 100 percent or greater. On the positivs side, existing homes sales for the metrlo arearose 5.6 percent in the first year-over-year increase in this indicator in seven months and only the secone such gain in nearly three years.
Thursday, August 23, 2012
Budget sets dredging adrift - Jacksonville Business Journal:
qalymeled.wordpress.com
billion fiscal 2009 budget request forthe ' civil works program includes no money to completw the next phase of channel deepeninyg in Jacksonville harbor. In what has become a familiaf occurrence, the , local sponsord for channel deepening, will need to lobbgy Congress to add money toward thefederakl government's $15 million share of the $22 millioh project. Last year, Congress included $2.8 million after the administration'ws fiscal 2008 budget request for civil works left Jacksonville harbord off its list of construction projectsxto fund.
Shipping and logistics professionals have said thechannel -- 41 feet for much of the way and 38 feet for the rest -- must be deepene to at least 45 feet for the port of Jacksonviller to be competitive. That's being driven largelyt by thePanama Canal's expansion, to be completed in and containerized cargo ports in S.C., and Savannah, Ga., whose channels are 45 feet and 42 respectively. The current project is to increase the dept to 41 feet from milemarker 14.7 to Talleyrand Mariner Terminal, a roughly five-nautical mile stretcnh of the St. Johns River. Channel deepening as far as marker about three miles west ofDame Point, was completed in 2002.
"Wee see it as a continuation project," said Eric the authority's senior director for governmenty andexternal affairs, referring to a category of projects normall y given greater priority than new projects. "That's the case we'll be The administration's funding request for coastal navigation construction infiscal $188 million, is up 13.3 percent from its fiscalp 2008 request of $166 About $151 million for coastakl navigation construction is requested for deepenint projects deemed high priority: New York-News Jersey Harbor, Oakland (Calif.) Harbor and Columbia River (Wash.-Ore.
) Much depends on a project's benefit-to-cost ratio, or BCR, said Dave director of navigation policy and legislatiob for the . "Inclusion in the president's budgeyt request typically reflectsa high-BCR, well-justified project." The Jacksonville project's BCR was calculates at 1.7 in 2003, said Steven Ross, projec manager for the Corps of Engineers' Jacksonville Districft office. The BCR has risen to just under 2 sinces then as certain design costs have been By comparison, the Oakland deepening projec -- to 50 feet -- has the highestf BCR at 8.5. The administration's budget request includea $25.
1 million to continue construction onthat project, whicnh has received more than $90 milliomn in funding during the past two fisca l years. Only the New York-New Jersey harbor project, with a BCR of 2.7, has receivefd more funding in that time at morethan $180 This year's request seeksa another $90 million for the New York-New Jersey harbor. The Columbia River Channel Improvement Project to deepenbthe 103.5-mile channel betweenb Oregon and Washington state had the lowesy BCR, 1.5, of any coastal navigation construction project included in the budget request. One othe coastal navigation project made the list with a BCR lowed than theJacksonville harbor: the St. Lucid Inlet, BCR of 1.
7, for whicb the president's budget requests $4 million. This year, the authority plans to contributw its entire share for theJacksonvillse project, $7 million, rathere than a prorated share of abouf $900,000. The authority's money plus the federal government'es $2.8 million will enable the Corps of Engineers to deepe the stretch known as the Chasevilled Turn and possibly more this The authority hopes that the federao government will come through with the remainder of its share to complete the projecty infiscal 2009. "We will be seekingb the full funding for Green said. "I don't thinkk we can break [the project] up again.
" If the authorith can get the remainingfederal share, it will then continure pushing to increase the depth to 45 feet or The Corps of Engineers' Jacksonville which oversees projects in Florida, Puerto Rico and the Virgin is studying the feasibility for further deepening, Ross Although that study could take two to three years, authorithy Executive Director Rick Ferrin has said the cost to achievew 45 feet is estimated at $400 with the authority's share being $220 The authority is hopeful it can generate about $14 millioj a year from leasin land to a coal terminao operator and bond that revenuew to pay its share.
A major obstaclee is acquiring the land the authority envisions usingfor coal. The land belongs to , which doesn'r want to sell, so the authorit will go to trial in Aprio to determine what it must pay to take the land byeminenrt domain. With the Panamsa Canal expansion as the primaryeconomic Jacksonville's BCR could benefit from new including the early 2009 openinbg of a new container terminal bringing service to Asia and anothert larger terminal possibly coming in 2011.
"As thingsa change, the port could be in position for any opportunities thatmay exist," Ross "Having 'benefits' constructed versus those that may be built in the future helps the local sponsor." Green believesa the new terminals and Jacksonville's position in the growingh Southeast give its project a chance to move up on the Corpe of Engineers' list. "As Jacksonvillwe is growing at therate it's growing," he "they have to really pay attention to
billion fiscal 2009 budget request forthe ' civil works program includes no money to completw the next phase of channel deepeninyg in Jacksonville harbor. In what has become a familiaf occurrence, the , local sponsord for channel deepening, will need to lobbgy Congress to add money toward thefederakl government's $15 million share of the $22 millioh project. Last year, Congress included $2.8 million after the administration'ws fiscal 2008 budget request for civil works left Jacksonville harbord off its list of construction projectsxto fund.
Shipping and logistics professionals have said thechannel -- 41 feet for much of the way and 38 feet for the rest -- must be deepene to at least 45 feet for the port of Jacksonviller to be competitive. That's being driven largelyt by thePanama Canal's expansion, to be completed in and containerized cargo ports in S.C., and Savannah, Ga., whose channels are 45 feet and 42 respectively. The current project is to increase the dept to 41 feet from milemarker 14.7 to Talleyrand Mariner Terminal, a roughly five-nautical mile stretcnh of the St. Johns River. Channel deepening as far as marker about three miles west ofDame Point, was completed in 2002.
"Wee see it as a continuation project," said Eric the authority's senior director for governmenty andexternal affairs, referring to a category of projects normall y given greater priority than new projects. "That's the case we'll be The administration's funding request for coastal navigation construction infiscal $188 million, is up 13.3 percent from its fiscalp 2008 request of $166 About $151 million for coastakl navigation construction is requested for deepenint projects deemed high priority: New York-News Jersey Harbor, Oakland (Calif.) Harbor and Columbia River (Wash.-Ore.
) Much depends on a project's benefit-to-cost ratio, or BCR, said Dave director of navigation policy and legislatiob for the . "Inclusion in the president's budgeyt request typically reflectsa high-BCR, well-justified project." The Jacksonville project's BCR was calculates at 1.7 in 2003, said Steven Ross, projec manager for the Corps of Engineers' Jacksonville Districft office. The BCR has risen to just under 2 sinces then as certain design costs have been By comparison, the Oakland deepening projec -- to 50 feet -- has the highestf BCR at 8.5. The administration's budget request includea $25.
1 million to continue construction onthat project, whicnh has received more than $90 milliomn in funding during the past two fisca l years. Only the New York-New Jersey harbor project, with a BCR of 2.7, has receivefd more funding in that time at morethan $180 This year's request seeksa another $90 million for the New York-New Jersey harbor. The Columbia River Channel Improvement Project to deepenbthe 103.5-mile channel betweenb Oregon and Washington state had the lowesy BCR, 1.5, of any coastal navigation construction project included in the budget request. One othe coastal navigation project made the list with a BCR lowed than theJacksonville harbor: the St. Lucid Inlet, BCR of 1.
7, for whicb the president's budget requests $4 million. This year, the authority plans to contributw its entire share for theJacksonvillse project, $7 million, rathere than a prorated share of abouf $900,000. The authority's money plus the federal government'es $2.8 million will enable the Corps of Engineers to deepe the stretch known as the Chasevilled Turn and possibly more this The authority hopes that the federao government will come through with the remainder of its share to complete the projecty infiscal 2009. "We will be seekingb the full funding for Green said. "I don't thinkk we can break [the project] up again.
" If the authorith can get the remainingfederal share, it will then continure pushing to increase the depth to 45 feet or The Corps of Engineers' Jacksonville which oversees projects in Florida, Puerto Rico and the Virgin is studying the feasibility for further deepening, Ross Although that study could take two to three years, authorithy Executive Director Rick Ferrin has said the cost to achievew 45 feet is estimated at $400 with the authority's share being $220 The authority is hopeful it can generate about $14 millioj a year from leasin land to a coal terminao operator and bond that revenuew to pay its share.
A major obstaclee is acquiring the land the authority envisions usingfor coal. The land belongs to , which doesn'r want to sell, so the authorit will go to trial in Aprio to determine what it must pay to take the land byeminenrt domain. With the Panamsa Canal expansion as the primaryeconomic Jacksonville's BCR could benefit from new including the early 2009 openinbg of a new container terminal bringing service to Asia and anothert larger terminal possibly coming in 2011.
"As thingsa change, the port could be in position for any opportunities thatmay exist," Ross "Having 'benefits' constructed versus those that may be built in the future helps the local sponsor." Green believesa the new terminals and Jacksonville's position in the growingh Southeast give its project a chance to move up on the Corpe of Engineers' list. "As Jacksonvillwe is growing at therate it's growing," he "they have to really pay attention to
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