Viper Networks, Inc. announced that its management and Board of Directors are implementing a new corporate strategy to take effect immediately that commits the Company to expanding operations and investments in key areas, including: technology, real estate and construction and energy. The Company also announced today that it has filed and had accepted an extensive application to gain legal charter for operating in Saudi Arabia, commencing with large-scale...
With construction 95 percent complete, Red Hawk Casino is excited to announce several property details that will distinguish it as the premier gaming destination in Northern California. When the property opens later this year, Red Hawk Casino will feature approximately 2,000 slot machines and 75 table games, six restaurants, four bars, more than 3,000 lighted and covered parking spaces, and a gift shop featuring unique merchandise. Red Hawk Casino...
DuPont Fabros Technology, Inc. announced that the Company closed on a $100 million secured loan with a syndicate of lenders led by KeyBank National Association. The loan has a three-year term with a one-year extension at a floating rate of LIBOR plus 3.50% (4.0% in the extension period) and includes quarterly principal payments of $500,000. The loan is secured by the Company’s newly constructed ACC4 prototype data center asset in Ashburn, Virginia,...
Skanska is selling the ongoing office project Havneholmen Tower in Copenhagen. The buyer is Fastighetsaktiebolaget Norrporten, which will take possession of the property in January 2011. Skanska is responsible for leasing of the project until the end of June 2014. The project was started in the first quarter of 2008 and no leases have been signed yet, but negotiations are in progress with several potential tenants. The final development gain depends...
Dayco today announced the topping off of construction at Town Center One, a 210,000 square foot, 24-story class ‘A’ office building. Located in Dadeland’s new Urban Core, the triangle bordered by Kendall Drive to the north, the Palmetto expressway to the west, and US 1 to the east, Town Center One has attracted a broad range of purchasers, including BMI Companies, one of the top 500 Hispanic companies in the U.S., who will be relocating their...
Avolve Software, developers of ProjectDox® communication and collaboration software, announced today that San Bernardino County, CA will deploy Avolve’s ProjectDox as part of a cross-departmental initiative that continues the Green County San Bernardino campaign that was adopted in August 2007 by the San Bernardino County Board of Supervisors under Chairman Paul Biane. Avolve Software Corporation’s ProjectDox ePlan solution enables jurisdictions...
HOK and the Biomimicry Guild have forged a first-of-its-kind alliance linking the natural and built environment. This exclusive relationship between one of the world’s largest architectural design firms and the only bio-inspired innovation company will integrate nature’s innovations in the planning and design of buildings, communities and cities worldwide. Established by biologists Janine Benyus and Dr. Dayna Baumeister in 1998, Biomimicry...
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...
Chino Hills’ first permanent Government Center is under construction at City Center Drive in Chino Hills. The $91 million project includes a new city hall, library, police station and fire administration headquarters as well as a parking structure with subterranean and four stories of above ground parking. T.B. Penick, one of Southern California’s largest and most trusted contractors, was selected to do the structural concrete work for the Chino...
Building Materials Holding Corporation, a leading provider of building materials and construction services to professional residential builders and contractors, today announced that in an effort to better align costs with current market conditions, it will discontinue operations at its wholly-owned subsidiary SelectBuild Florida over the next four months. “In light of the challenging homebuilding environment, we recognize the need to realign...