Stone & Youngberg Underwrites Landmark $145 Million Harbor Point Financing

Stone & Youngberg, a leading financial services firm, and Building & Land Technology, a Connecticut-based developer, today announced that they have completed a $145 million financing for the Harbor Point Project in Stamford, Connecticut, a pioneering smart growth project that has been awarded a LEED-ND Gold Certification by the U.S. Green Building Council. The project is nationally significant and will create thousands of jobs and generate... 

MWH Leads Design and Construction Management of African Continent’s Tallest Dam

MWH, the global wet infrastructure sector leader and provider of environmental engineering, construction and strategic consulting services, and joint venture partner Energoprojekt Co. Ltd., helped celebrate the completion of the $350 million Tekeze Hydropower Project in northern Ethiopia. The government-funded project – and tallest dam in Africa at 188 meters-high – is expected to provide a reliable, renewable source of power for the country that... 

Abengoa Solar Signs Contract with PG&E to Supply Solar Power in California

Abengoa Solar announces the signing of a power purchase agreement with Pacific Gas & Electric (PG&E) to supply the electricity generated by the new solar plant “Mojave Solar.” The project will generate 250 megawatts (MW) of Concentrating Solar Power (CSP) and is to be located in an unincorporated area of San Bernardino County, between Barstow and Kramer Junction, approximately nine miles northwest of Hinkley, and 100 miles northeast... 

Greening Chengkung Market Roof for Taipei Floral Expo

The Taipei City Department of Economic Development has just completed the greening of the Chengkung Market roof under the Promotion Plan of Taipei Garden City in preparation for the 2010 Taipei International Gardening and Horticulture Exposition, the next major event to be sponsored by Taipei City Government following the just successfully concluded 2009 Deaflympics. Chou Ching-an, director of City Garden Center under the Development of Economic Development,... 

Solyndra Offered $535 Million Loan Guarantee by the U.S. Department of Energy

Solyndra, Inc. announced that it is the first company to receive an offer for a U.S. Department of Energy (DOE) loan guarantee under Title XVII of the Energy Policy Act of 2005. Solyndra, a Fremont, California-based manufacturer of innovative cylindrical photovoltaic systems, will use the proceeds of a $535 million loan from the U.S. Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California. “The leadership... 

Offices at Park Place Earns USGBC’s LEED Gold Certification

Hallmark Development’s first office building at Offices at Park Place in Clearwater, Fla., has been awarded LEED-Gold Certification by the U.S. Green Building Council (USGBC). LEED is the USGBC’s rating system for designing and constructing the world’s greenest, most energy efficient, and high performing buildings. The Offices at Park Place structure is the first new office building in Tampa Bay to achieve this prestigious recognition. “It... 

Next Century Associates Announces $2 Billion Vision for Century City

Next Century Associates, LLC, a partnership between Los Angeles based real estate investor Michael Rosenfeld and an entity in the D.E. Shaw Group, today unveiled plans for a $2 billion mixed-use project on the 5.75 acre Century Plaza hotel site. The project will feature two soaring towers rising from a grand plaza with a 240 room Five Star hotel and 163 hotel residences, 130 luxury residential condominiums, 100,000 square feet of office, 106,000 square... 

W Hollywood Hotel & Residences Celebrates Topping out with Dramatic Public Ceremony

Today, luminaries of Los Angeles politics, entertainment and business gathered to celebrate the rise of Hollywood’s newest star at the iconic corner of Hollywood & Vine: the W Hollywood Hotel & Residences. The “topping out” ceremony offered a dramatic preview of the property in true Hollywood style; complete with aerial acrobats, streaming banners, plenty of cameras and a clear message: Get ready for the excitement coming in November... 

California Infrastructure Investment to Result in Thousands of New Jobs

The developer of the 244-acre Sacramento Railyards project announced today that approximately 3,000 new jobs will be created in 2009 as a direct result of voter passage of Proposition 1C, the $2.8 billion Housing and Infrastructure Bond and Proposition1B, the $19.9 billion Transportation Bond as well as other local and federal infrastructure funds. The announcement comes as the Obama administration considers a federal economic recovery plan with a... 

ACPT Announces Temporary Amendment of Sales Agreement With Lennar, and Agrees to Sell Interest in Joint Venture; Declares Dividend

American Community Properties Trust announced today that it has reached agreement on a third amendment to the Company’s sales agreement with Lennar Corp., and has sold its interest in a joint venture to the homebuilding company. The Company also announced that its Board of Trustees authorized a cash dividend of $0.10 per share on common shares outstanding. The dividend will be payable on December 29, 2008 to shareholders of record on December...