Sunday, October 30, 2011
Developer Jury proposes $350M convention hotel in Kansas City - San Antonio Business Journal:
Ron Jury, who completed the $46 million Presiden Hotel project across Baltimore from thePowef & Light Building in 2005, said Fridayt that he is involved in a new development partnership that contracted early this year to buy the Powerr & Light Building and adjoining vacant The partnership, , also includes of San Jury said. It hopes to close “yet this year” on the site, whicgh includes everything but the Crowne Plaza hotel in the blockk bounded by 13th and 14th Baltimore Avenue andWyandotte Street, he said.
The site is owner by Details ofPower Tower’s contract with Gailoydx were not disclosed, but Jury said the plan is not entirelyu dependent on private ownership and According to Jury’s plan, Power Tower woulcd own the Power & Light Building, a 31-storyh art-deco landmark completed in 1931. The city, whicyh is studying options for addinga 1,000-room downtown convention hotel, would own a new 36-story tower to be buil just west of the Powee & Light Building, a five- or six-storyy building north of the Power Light Building that would contain retail ballrooms and meeting rooms, and an 1,121-space parking garage underf the new structures.
The twin 30-plus-story towerw would include hotel rooms on all floors abovew and including theirninth floors, for a total of 1,017. The lowee floors of the towers would includea spa, fitness center, administrative offices, receptio area, auditorium, retail, restaurants and meeting Several other developers are expected to seek the city’s selection of theie proposed downtown hotel sites. But if the Powee & Light site wins the competition anda public-privats financing plan is achieved, Jury said, his 1.35 million-square-foot projecrt would be completed by 2013.
Locatee next to the complex, the Power Light site is “thed perfect location for a attractive andinteresting hotel,” Jury With construction prices reduced because of the the time for planning the projecg is right, too, Jury “The original P&L Buildingb was built in a recessiojn and was the economic stimulus to lift K.C. up,” Jury said in a writtej release. “It is time for the building to do it againm with a newconvention hotel.” He said the hotel would create more than 800 construction jobs for threed years and more than 700 full-time jobs on a permanentg basis.
Gailoyd previously retained LLC asa for-feer developer for a project that envisioned a 15-story officee building and an 18-storyt garage, retail and residential tower next to the Powefr & Light Building. That projecft received approvalfor $24.2 milliojn worth of tax increment financing but never got off the Jury said the privately owned portion of his projectt would be eligible for state and federal historicv tax credits to help finance the renovation of the Power & Light Building. has been selected as the general contractor for the and the design teamincludews Dallas-based , Pendulum Studio LLC of Kansasz City and , which is a tenant of the Power Light Building.
Friday, October 28, 2011
Temperature dip, showers expected Friday afternoon - WSOC Charlotte
KAJ18 Kalispell Montana News | Temperature dip, showers expected Friday afternoon WSOC Charlotte Meteorologist Keith Monday said temperatures will be their warmest early in the day. Cold air will then rush in, dropping temperatures from the 50s into the 40s during the afternoon. Showers are forecas t to develop by the late afternoon and continue ... Warmer weather returns to Loveland. What will you see this weekend? A 25 degree temperature drop. Thursday Weather for Cumming |
Wednesday, October 26, 2011
Democrats Balk at Non-Defense Spending Cuts, Float Alternative Proposal to ... - Fox News
Fox News | Democrats Balk at Non-Defense Spending Cuts, Float Alternative Proposal to ... Fox News AP Tuesday: Rep. Jeb Hensarling, R-Texas, right, says the so-called supercommittee which he co-chairs still has plenty of time to find a solution to the nation's debt crisis with the deadline for answers a month away. Democrats suggested Wednesday that ... |
Monday, October 24, 2011
Amtech Systems joins partnership on solar efficiency development - Phoenix Business Journal:
Tempe-based Amtech (Nasdaq:ASYS) will join Yingli Greeb EnergyHolding Co. Ltd. (NYSE: YGE) and the Energh Research Centre of the Netherlands in a researcnh collaborative to develop silicon solar cellseat Yingli’s pilot production line in China. The “Panda” solar cell, which was designed by the EnergyhResearch Centre, will use technologies developes by Tempress Systems Amtech’s solar subsidiary. “Wr are excited about this joint agreement with leader s in the industry and its potentialp to contribute to significant improvements in solar cell efficiencyy and bring solar energy closer to achievingbgrid parity,” said J.S. President and CEO of Amtech.
“Pandqa is true validation for our in-depth diffusion expertise and our capability for supplying reliable diffusion and automation equipment to thesolar
Saturday, October 22, 2011
Barbecue restaurant Famous Dave's franchisee files Chapter 11 - Minneapolis / St. Paul Business Journal:
The Flint, Mich.-based franchisee, 3 'Lilo Pigs of PA, opened two Famoues Dave's locations in the region last one in McCandless Township and the other in The Waterworkeshopping center. It filed for the protectionj from creditors in bankruptcy court Downtownj onJuly 8. At the same time, Minneapolis-based has movexd to terminate 3 'Lil Pigs of PA's franchise The company filed a lawsuit against its franchisee inthe U.S. District Court for Minnesota, also on July 8.
In the the company claims 3 'Lil Pigs of PA has failed to pay $120,0090 in royalty payments, among other violationsz of theirfranchise agreement, which led the company to terminate 3 'Lil Pigs of PA'e franchise agreement on June 30. Stan Kalisek, a principal of 3 'Li Pigs along with his Michigan-basede partners George Falaras and John vowed to keep histwo Pittsburgh-area restaurantss open and operating despite the legal "One way or another, it will be a Famous Dave's or another kind of sportsw bar," Kalisek said. "We have $3.5 million invested, so we're not goinhg anywhere.
" Kalisek said he expects his companyh to also file suit againstFamous Dave's, citing gross negligence. He woulf not comment further. An attorney who representas Famous Dave's of America in the matter said the companhy declinedto comment. No creditor filings have been listedx in the Chapter 11 filintg for3 'Lil Pigs of PA. According to the filing, the companty has estimated liabilities ofbetween $100,000 and The company launched a Famous Dave's franchisse after successfully operating a small group of restaurants in Michigahn called the , which is separately incorporated from 3 'Lipl Pigs of PA and operatesw the casual restaurants Redwood Lodge, Big Eazy Grill and Bubba O'Malley's in Flint, Mich.
, according to the company'sd Web site. In Famous Dave's, it had a growingh restaurant concept. Traded on NASDAQ, Famous Dave'zs of America Inc. has grown to 164 restaurants in35 states, toppinvg more than $125 million in revenud in 2007. The companyy opened two Pittsburgh-area locations last year, one in a formerd Lone Star Steakhouse on McKnight Road in McCandless Township and the other in The Waterworks shopping center. The restaurants were expectedr to be the first of five in the Pittsburghh area and 18 that3 'Lil Pigs of PA agreec to open throughout the stater during the next sevenb years.
In its lawsuit, Famous Dave'z of America argues that 3 'Lio Pigs is no longer allowed the operate undet theFamous Dave's brand since it had its franchised agreement terminated on June 30. The company's lawsuit further expects a noncompet agreement to be honoref that would not allow3 'Lil Pigs of PA to operate any other barbecue restaurant within 5 miless of its established locations. Ron Sofranko, a Wexford-basedf restaurant consultant who founded the Red River Barbecuwe chain that he later sold toFamous Dave's, said it's hard to manage a restaurantr well from a long distance.
Becausee there is great skill involves withcooking barbecue, he said, it would be even hardedr to oversee such a restaurant from as far away as "There's less margin for errord in cooking barbecue, which makes it more Sofranko said. "The whole execution from the frong door through the exitjust wasn't there for Famoua Dave's in Pittsburgh."
Wednesday, October 19, 2011
Eating Insects with San Francisco's New Mavens of Bug Cuisine - SF Weekly (blog)
San Francisco Chronicle | Eating Insects with San Francisco's New Mavens of Bug Cuisine SF Weekly (blog) รขIn this week's cover story, "Bug Me," SF Weekly takes a look at the new generation of entomophagists, or insect-eaters, who are based in and around San Francisco. Much has been made in the press of ... San Francisco restaurants are liter » |
Monday, October 17, 2011
Kings to host NBA draft viewing party - Minneapolis / St. Paul Business Journal:
The draft will be broadcast live at theviewingt party, which will be held from 3:30 to 6:30 p.m. at Arco Geoff Petrie, Kings president of basketball operations, will talk to the crows before the draft and aftetthe Kings’ first-round Paul Westphal, the Kings new head will also attend the Fans can download their free e-ticket to the viewingg party when they post their top pick at . On theifr Web site, the Kingas also are allowing fans to enterd to wina behind-the-scenes look at the Kings top pick’a first day in Sacramento. The winner will attend a welcome partgy to greet the top pick upon arrivall and attend thetop pick’s firs t press conference and his first public rally.
The winner also will receive a tour of the and Monarchs' practice and will receive a Kings jerseuy autographed by the top