MVRDV wins Gwanggyo City Centre Competition, near Seoul, South Korea

The Daewoo Consortium and the municipality of Gwanggyo announced the MVRDV concept design for a dense city centre winner of the developer’s competition for the future new town of Gwanggyo, located 35km south of the Korean capital Seoul. The plan consists of a series of overgrown hill shaped buildings with great programmatic diversity, aiming for high urban density and encouragement of further developments around this so-called ‘Power Centre’,... 

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... 

Rental successes at Capital Square in Budapest

HOCHTIEF Development Hungary, the Hungarian subsidiary of HOCHTIEF Projektentwicklung, has found more tenants for Capital Square. The Hungarian electricity provider Budapesti Elektromos Müvek Nyrt (ELM?) signed up for almost 4,000 square meters of space. On another 1,500 square meters, the first office services center of FirstClients, a newly founded company providing office services, will be opened on April 1, 2009. CA Immo International had bought... 

SPACE-RAY Radiant Plaque heaters

SPACE-RAY Radiant Plaque heaters have many applications from factories and warehouses to sports halls, aircraft hangers, supermarkets, exhibition halls and retail premises. So no matter what the use, size or shape of your building you can rest assured that SPACE-RAY Radiant Plaque heaters will suit your needs. General Specification Made in the UK under our ISO 9002 quality assured system Highly radiant efficient and controllable Reverberatory screen... 

Shanghai Tower, Tallest Building in China Breaks Ground

Shanghai Center project will be started since Nov. 29, 2008. It is proposed to be the tallest building of China after it finished. Shanghai Tower will be a 632-meter, super-tall tower sited in the heart of Shanghai’s Luijiazui Finance and Trade Zone, adjacent to the Jin Mao Tower and Shanghai World Financial Center. As the newest icon on the Shanghai skyline, Shanghai Tower’s distinctive transparent spiral form will showcase cutting-edge sustainable... 

Moved by Fire Victims, Designers Offer Practical Help; Design Theory

Like many in Southern California, Cordelle and Jimmy Louis watched the news reports on the recent wildfires in disbelief. The owners of Design Theory, a retail furniture showroom and design firm downtown, felt compelled to find a way to help. They have designed a complete package to assist those who have suffered losses with all their furnishing needs. The “Fire Victim Rapid Relief Package” is offered only to people who have been directly... 

Special Exhibit: Artwork by Tracys Kids at Carroll Square Gallery

Akridge and Seaton Benkowski & Partners, in collaboration with Hemphill Fine Arts, are pleased to announce a very special exhibit of Artwork by Tracy’s Kids to open at the Carroll Square Art Gallery on December 1, 2008 and remain on view through January 2, 2009. The artwork is by children who are battling cancer and participating in the Tracy’s Kids art therapy program. The Gallery – which features art exhibits that rotate quarterly throughout... 

On the Cusp of Black Friday, Colliers International Issues Semi-Annual Retail Report, Showing Marked Weakness in Retail Real Estate as 2009 Approaches

The U.S. retail market has undergone a sea change not experienced in this country since the early 1980s, according to the bi-annual Retail Real Estate Report issued today by Colliers International, a leading global real estate services firm. Due to recessionary conditions, retail real estate will be significantly afflicted for the remainder of this year and well into 2009, according to Colliers. Several reasons drive this monumental slowdown in retail... 

Bradley’s New Fusion Partitions Combine the Upscale Look of Stainless Steel and Granite

Impressive public spaces call for special finishes in the washroom. To meet the needs of high-end applications, Bradley introduces its exclusive line of Fusion restroom partitions that combine cool stainless steel with the warmth of natural granite. Fusion partitions are the latest addition to Bradley’s growing portfolio of “decorative high-end commercial” fixtures and accessories. The partitions feature genuine granite pilasters... 

Pasal Development: Consolidated Earnings After Taxes of EUR 2.6 mn for the 9M 2008

PASAL Development S.A. announces that consolidated earnings after taxes and minority interest for the 9M 2008 amounted to 2.6 mn euro compared to 6.0 mn euro in 2007. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 3.5 mn euro compared to 10.1 mn euro in 2007, while consolidated earnings before taxes amounted to 1.3 mn euro compared to 8.6 mn euro the respective period of last year. The reduction is mainly due to...