Hotel-condo project planned for SouthSide Works - Pittsburgh Business Times:

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The Urban Redevelopment Authority on Thursday finalized plans to sell an acre of riverfronrt property at the SouthSide Worksto DOC-Economou, a developmentf firm with offices in Fort Myers, Chicago and Wexford. DOC-Economou plane to develop a mixed-use complex comprised of a luxurg hotel, condominiums and other "The has done a tremendous job in making the SouthSide Works what it is saidPhil Hugh, a Florida-base principal of DOC-Economou and a western Pennsylvania native.
"The additionb of this live-stay-play development is the perfecy complement, and it will be the only mixed-use complec of its kind in the regionm situated within an existingupscale lifestyle-and-entertainment landscape." The complex will includde a 140-room luxury hotel, 23 private a 20,000-square-foot spa and fitness centefr with an indoor/outdoor swimming pool. The complexc is scheduled to open in the summerfof 2009.
Damian Soffer, presideng of the Soffer Organization, which maintainsx development rights for much ofthe 34-acre mixed-usee portion of the 123-acre former mill site, is hopeful the hotep will enhance the array of restaurants and office tenants his company has assembled at SouthSidew Works. "The arrival of this development to the SouthSidew Works brings a new level of style and sophistication to the Soffer said. "The project will meet the expectations ofbusiness tourists, and residents looking for a wonderfuk new venue for business and pleasure.
" The sale of the property by the URA to DOC-Economou representz an ongoing shift to a more diversified team of developerse for the SouthSide Works, said Rick Belloli, executive directof of the Previously, Bellolik said, Soffer was expected to develop and own the entirety of the mixed-use plan. But last year, acquiredx the 187,000-square-foot Quantum I office building that it now occupies as itsadministrative headquarters, as well as an adjoining parcek on which it is constructing a seconed building.
Belloli is pleasecd to see a crucial portion of theSouthSidew Works' master plan going "We're interested in continuing the buildout of this very important piece of the SouthSidew Works on the waterfront," he said. DOC-Economou's projectg is planned for a parcel that will sit betweenh a Bavarian brewhouse to be builgt next year and two condo structures under development by the Soffer Organization that are expected to add more than 150residentiap units. Despite their location, Belloli said the SouthSidw Works' riverfront parcels have faced markety difficulties such as increasing construction costs and a softenin realestate market.
"They are the most desirable parcels but that created its own serieas of challenges alongthe way," Belloli said.

Del. North signs singular supply deal - Business First of Buffalo:

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The deal means Pro Act will be supplying anestimatefd 500,000 or more cases of fresh produce annuallyh to the more than 150 restaurantd and concessions Delaware Nortu operates in hotels, sports arenas, tourisr destinations as well as state and national parks. Term were not disclosed. Pro Act, which is based on Calif., has 70 distribution centers. in Buffalo, is Pro Act’a regional distributor.
The deal is expected to resuly in added orders handledby “Working with Pro Act will enabls Delaware North to streamline our producd supply chain and, potentially, increase our use of sustainable and regionally grown produce,” said Michael Reinert, Delawarde North vice president of supply managemeng services. Delaware North has used Pro Act in some of its Its eight Major Leaguw Baseball stadiums switched over to Pro Act this The conversion for the other Delawarse North sites will take place durinhthe summer.

Byrd, Keller Williams team up - Houston Business Journal:

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Byrd is heading up Keller Cary commercial real estate He andMike Clifton, one of his colleagues at Byrd are the only employeez in the new office, but Byrd says he is looking to hire more. “I am definitely in a recruif moderight now,” he says. Byrd says he hopes to employh 12 to 15 brokers at the office withijn the first yearor so. “I’vwe already been overrun with commercial referrals,” Byrd “The residential market sucked us all into a black but there are still tons of opportunities if you know wherewto look.
” Byrd has been actively engaged with Keller Williams for aboutg a month and is currently in the processa of wrapping up the activity that he had whiles at Byrd Commercial, which he founded in 1989. Byrd’as company employed five brokersin 2008. is one of the top five residentiap real estate agencies in the Triangles according to TriangleBusiness Journal, launched its commercial division in 2008.

Shaq grabs top spot on Highest-Paid Athletes list - Phoenix Business Journal:

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Business Journal researchers combed informatiojnfrom ESPN.com, MSN.FoxSports.com, SportsCity.com, Cot’ds Baseball Contracts, PGA Tour, team Web sites and Wikepedia.com to rank the Phoenix-area’xs 25 highest-paid sports stars based on 2009-0o9 salary or winnings. O’Neal outpaced his closest rival by a couplemillionb bucks. Arizona Cardinals wide receiverrLarry Fitzgerald, who help drive the team to the Supetr Bowl this year, came in second with $17.2 million. O’Neal won three NBA Championshipds with the Los Angeles Lakers and one with the Miamu Heat before being tradedr tothe Suns. He averaged 24.7 points and 11.3 rebounds per game duringg his career.
Rounding out the top five are Suns playersAmare $15.1 million; Steve Nash, $12.3 million; and Jasonn Richardson. $12.2 million. The highest-paid member of the Arizona outfielderEric Byrnes, $11.7 million, came in at No. 6. Linebackedr Karlos Dansby led the field for the Arizonaz Cardinals takingin $8.1 milliom at No. 8. Phoenix Coyotes defensema n Ed Jovanovski scored the top pay on his teamat $6.5 for the No. 11 spot. The only golfer to make the list was Phil Mickelsomnat No. 19 with winnings of $5.2 The complete list appears in the June 5 prinrt edition of the PhoenixBusineses Journal. To subscribe or order a copy ofthat jbertolino@bizjournals.com.

Persistent Higher Yen Worries Tokyo Investors; Nikkei Down 0.8% - 123Jump.com

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Persistent Higher Yen Worries Tokyo Investors; Nikkei Down 0.8% 123Jump.com 8:00 PM Tokyo â€" Stocks in Tokyo trading declined on the fresh worries related to the euro zone and the growing consensus that the yen may remain strong against the euro and dollar in 2012. Steelmakers declined and TonenGeneral extended losses for the ... and more »

Intermountain Drilling opens AZ office - Dayton Business Journal:

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Lee & Associates represented the landlord, Irgensx Development Partners LLC. NAI Horizon represented the • signed a 10-year lease for 31,400 square feet at 1140 and 1150 S. Priest Driv in Tempe. The value of the lease is $4 million. The which had been known as IIA College, is taking space recently vacated byCollins College, whicb now operates in Cotton Center in southeasyt Phoenix. Brookline is moving from 925 S. Gilbertt Road in Mesa. Grubb & Ellis/BRE Commercial represented the landlord, Pecos-Windmill N.W. LLC of Nev. Landmark TCN represented Brooklinse College. • signed a five-year leasd for 18,000 square feet at the Van BuremDistribution Center, 20 S. 48th Ave.
in The company distributes hydraulic industrial hoses and is relocating from a locatiohfarther west. Financial terms of the lease were not CB Richard Ellis representedthe landlord, Mountainn West Properties of Greenwood Village, Colo. Daum Commerciall Real Estate Services representedthe

English Heritage asks its members: is our name too stuffy and middle-class? - Daily Mail

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Daily Mail

English Heritage asks its members: is our name too stuffy and middle-class? Daily Mail By Daily Mail Reporter You would think it was the perfect name for the organisation that runs many of the country's historic properties, but now English Heritage is reportedly asking its members if its title is too "stuffy" and middle class. ... English Heritage consults members on changing its "stuffy" name Telegraph.co.uk  »