South Park Streetscape

A partnership of real estate developers envisioned a complete revitalization of the South Park neighborhood in downtown Los Angeles. Their plan to rehabilitate a complete city block has become the first new residential neighborhood in this area in twenty-three years. The structures are also the first “green” residential high-rise buildings in downtown Los Angeles. Collectively, the development is one block comprised of many separate projects including... 

Prudential Mortgage Capital Company Closes $46.5 Million Loan in Mexico for Verde Realty

Prudential Mortgage Capital Company recently closed a $46.5 million loan in Mexico on behalf of its general account for Verde Realty. The fixed rate 84-month term loan was combined with an existing $93 million loan. The pooled portfolio comprises 22 industrial manufacturing properties located throughout Mexico, in Tijuana, Juarez, Reynosa and Chihuahua. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial,... 

Cavico Subsidiary to Deploy 164 Engineers and Skilled Workers to Laos

Cavico Corp., a leading infrastructure development company in Vietnam, today announced that Cavico Bridge and Underground Construction JSC (“Cavico Bridge”), a majority owned subsidiary of Cavico, has signed a Memorandum of Understanding (MOU) with KoKen Boring Machine Co., Ltd (“KoKen”) on August 11, 2008 to supply workers to the Nam Bak hydropower plant in Lao People’s Democratic Republic (“Laos”). According to the terms of the MOU,... 

Cost-effective shoringfor high loads in power plant construction

The new block of the largest European lignite-fired power station in the Polish town of Belchatow, has been designed to generate 830 megawatts. The ultra-modern plant complete with flue gas desulphurisation and turbo-generator presents both a technical as well as structural engineering challenge for all those involved in the project. Because the construction of the power plant includes large-volume building dimensions with massive reinforced concrete... 

Manhattan Construction Group Acquires Kraft Construction Company

Manhattan Construction Group and Kraft Construction Company Inc. announced today that Manhattan has acquired controlling interest in Kraft. With this acquisition, the combined annual revenue of Manhattan and its subsidiaries, including Naples, Fla.-based Kraft, grows to approximately $1.5 billion, forming one of the largest privately held general construction companies serving Florida. Manhattan Construction Group has a diverse portfolio of construction... 

Baker to Conduct Bridge Type Study for New Kentucky Bridge

Michael Baker Jr., Inc., an engineering unit of Michael Baker Corporation, has been awarded a $1.1 million contract to conduct a Bridge Type Study for a new bridge to replace the existing U.S. 421 bridge over the Ohio River between Milton, Kentucky, and Madison, Indiana. Additionally, Baker will analyze and provide a rehabilitation report for the existing truss bridge. Baker is performing this work as a subcontractor to Wilbur Smith Associates for... 

Sportarena Lora, Split, Croatia. Shoring and assembly platform for 180-tonne roof girder

The almost 80 metre long and 5.40 metre high truss girders made of steel form the basic construction for the roofing of the new multi-functional hall in the Croatian city of Split. Each of the main constructional elements – the up to three metre wide pairs of trusses – weighs a massive 180 tonnes. In order to be able to cost-effectively assemble the roof, consisting of eight such gigantic components, contractors Dinarik, in co-operation with...