China Housing & Land Development, Inc., announced that it recently began constructing its third dam on the Ba river, adjacent to the company’s 487-acre Baqiao housing project. The dam is expected to be completed in the second quarter of 2009. The company expects to record $3.7 million in revenue and about $0.6 million in net income when the dam is finished. The dam will create a large lake about three meters deep on the Ba River that will increase...
Weingarten Realty Investors announced that iconic Houston restaurateurs Tony and Jeff Vallone will open a new signature bistro and wine bar at River Oaks Shopping Center in early fall 2009. The yet-to-be-named Italian restaurant and wine bar will be a highlight of the newly redeveloped northwest corner of the center, located at the intersection of Shepherd and West Gray. Featuring a first-floor dining room and outdoor dining area and a second level...
Sitar Company, a leading New Jersey commercial real estate firm, today announced that Joseph Nitti, Douglas J. Sitar and William Sitar III have been named “2008 All-Star Commercial Real Estate Brokers” by Real Estate New Jersey. The “2008 All-Star Commercial Real Estate Broker” rankings are awarded by Real Estate New Jersey, a monthly commercial real estate magazine, to New Jersey brokers who have demonstrated excellence in notable real estate...
The building sector accounts for 33 percent of the world’s carbon emissions and 30 to 40 percent of the global energy consumption. Green building can help reduce the sector’s environmental footprint and as a result 85 percent of Australian architects, engineers, contractors and building owners have embraced the concept – a finding from the Green Building Market Report 2008. The Green Building Market Report 2008 is a watershed study...
CS Unitec’s new Non-sparking, Non-magnetic Hand Tools are manufactured from special Aluminum-Bronze or Copper-Beryllium alloys that meet ATEX regulations for safe use in Ex areas where hazardous, flammable or combustible vapors, liquids, dusts or residues may be present. This line of safety tools consists of hammers, flange wedges, striking wrenches, impact sockets, screwdrivers, shovels and other hand tools. They comply with the ATEX Directive...
San Antonio, Texas-based Lynd Development Partners unveiled the name and plans today for a 29-story, 249-unit luxury apartment development at 161 W. Kinzie in Chicago’s River North neighborhood. Scheduled for spring 2010 occupancy, EnV (pronounced “envy”) will incorporate environmentally responsible design and building practices its developers expect will result in one of the city’s first LEED-certified rental properties. “We’re proud...
U.S. Equities Realty, a leading full-service commercial real estate firm, announced today that it is beginning construction on MetraMarket. Connected to the Ogilvie Transportation Center in the West Loop, MetraMarket is a 100,000-square-foot restaurant and retail development that will enliven the area through its eclectic mix of dining and shopping options. Several of MetraMarket’s tenants are scheduled to open in summer 2009. MetraMarket will...
The Riverfront, a premier mixed-use community in downtown Napa, announced a near sellout at a preview event for its first offering, ten reserve homes called “The Collection”. The new community – slated for completion in February 2009 – will stand as the gateway to the new downtown. It borders 550 feet of new riverside promenade and encompasses 50 homes known as the Riverfront Residences, 40,000 square feet of retail, 30,000 square feet of...
Hilton Garden Inn®, one of the fastest growing brands that is part of the Hilton Family of Hotels, announced today the milestone opening of its 400th location, the Hilton Garden Inn Ottawa Airport in Ottawa, Ontario, Canada. The hotel represents the newest addition to the brand’s growing portfolio of hotels throughout North America and Europe. The Hilton Garden Inn Ottawa Airport is operated by Bona Building and Management, Ltd., under a license...
Whistler Crossing, an innovative 132 unit residential development located in Riverdale, Illinois, will be celebrating its grand opening on Thursday, August 21st at 10 AM at 13711 S. Lowe Avenue. Holsten Real Estate Development Corporation, Turnstone Development and the Village of Riverdale are hosting the celebratory event. This exciting new rental development is the cornerstone of a five-year revitalization effort to replace the dilapidated and crime...