Gaylord Entertainment announced the termination of its plans to develop a resort and convention hotel in Chula Vista, California. Prolonged planning and approval processes, a complicated regulatory and legal structure, and excessive off-site infrastructure costs contributed to this decision. “We are very disappointed to have made this decision since the greater San Diego region is such an important convention market,” said Colin V. Reed, chairman...
Headline of release should read Golf Trust of America, Inc. Announces Stock Repurchase Program (sted Golf Trust of America, Inc. Announces Stock Purchase Program). Golf Trust of America, Inc. announced today that its Board of Directors authorized the repurchase of up to $500,000 in shares of the Company’s common stock. “During this period of extreme market volatility, our strong balance sheet and surplus liquidity allow us to enhance shareholder...
Headline of release should read Golf Trust of America, Inc. Announces Stock Repurchase Program (sted Golf Trust of America, Inc. Announces Stock Purchase Program). GOLF TRUST OF AMERICA, INC. ANNOUNCES STOCK REPURCHASE PROGRAM Golf Trust of America, Inc. announced that its Board of Directors authorized the repurchase of up to $500,000 in shares of the Company’s common stock. “During this period of extreme market volatility, our strong...
New international standards are being set by Gale International in sustainable building design, systems engineering, and urban infrastructure and planning with Songdo International Business District (IBD), a new city currently under construction off Incheon, South Korea, on the Yellow Sea. Songdo IBD is a joint venture between Gale International and Posco Engineering & Construction and is the largest private development in the world. Songdo IBD,...
To a crowd of over 1,000 people, Tiger Woods, Chairman of Tiger Woods Design, and Jim Anthony, Founder and CEO of The Cliffs Communities, today unveiled The Cliffs at High Carolina, featuring Tiger Woods Design’s first golf course in America. The debut of the course’s design, held on site at The Cliffs at High Carolina near Asheville, NC, followed a celebration of the inaugural release of homesites available for purchase within the community...
At a chaotic time in the real estate and financial markets, the Lyle Anderson companies, with a history of four successful decades in the real estate business, are focused on plans for a strong future. Yesterday, the Anderson companies informed residents, property owners, club members and employees at their Superstition Mountain (Arizona), Las Campanas (New Mexico), Hokuli’a (Hawaii) and Loch Lomond Golf Club (Scotland) properties that directors...
The Waldorf=Astoria Hotel Philadelphia will feature 175 spacious and exquisitely appointed guest rooms and 136 residences, scheduled to open in 2012. The Waldorf=Astoria Collection is a world-class group of hotels in spectacular locations. Inspired by New York’s legendary landmark, each hotel has its own unique style and sense of place. From luxury spas, legendary meetings and championship golf to unforgettable events, every experience is flawlessly...
Florida has always been a place where people can find a bargain on a vacation – now the sunshine state is offering Canadian investors deep discounts on vacation homes. Stirling Sotheby’s International Realty will host an auction of select Ginn Resort properties on Nov. 8 featuring nearly 20 homes, condominiums and vacation properties from renowned Ginn Resort communities in Central Florida, including Reunion, Bella Collina and Hammock Beach. Several...
The current state of the economy has decreased the number of golf course developments and forced developers to focus on golf course renovation projects. The Redford Golf Group is aware of this switch in priorities because they are involved with them. For the past six months, The Redford Golf Group has been working with Lauricella Land www.lauricellaland.com to develop multiple strategies that could help position Belle Rive, the existing Colonial Golf...
Canadian Locker Company, Ltd., a subsidiary of American Locker Group Incorporated, announced today that the City of Kelowna, BC has selected the Statesman storage lockers for its new $46 million Mission Recreation Park Aquatic Centre. When it opens in April 2009, it will be the largest civic indoor water park in Canada. The Mission Recreation Park Aquatic Centre, located near the Capital News Centre on Gordon Drive, will be a 8,920 square meter (96,000...