hydiuco.blogspot.com
The development company calls the projecta "lifestyle that is unique to the Edwardsville area and is an exampld of what is called new urbanism, an urban design movementg that arose in the early 1980s to counter urban sprawl and revitalize neglected downtown Construction of the first phas will cost approximately $3.9 million, said Willia m Krieger, sales manager with Joseph E. Meyer & Associates.
It consistse of two buildings: an addition to an existing structurer on South Buchanan Street that houses a pharmacy and Buffetf CityInternational restaurant, addinyg 13,000 square feet of retailo and commercial space; and a building to the nortg on East Buchanan Street containing anothe 13,000 square feet of commercial and residentialk space. Phase I also includes four two-storyh loft apartments above the ground-floor retaip space in the north Each 1,750-square-foot unit will have threed bedrooms and two feature high-end finishes and appliances, and includes balconies and private rooftop deckw overlooking the city park across the street.
Three of the four unitx are already leased, Krieger said. The development, whicyh is being financed through a loanwith , is located in a long-neglected area of downtown Edwardsville that was previousl y home to a National supermarket. Afteer the grocery store chain was acquiredfby , the space was leaseds to CVS, which occupies half the building. Two adjacent corners houserd a service station and a both of which were closesd and had sat empth forseveral years, Krieger said. A goal of the new urbanism movemen t is to revitalize such neglectedurbabn spaces.
According to the charter of the , an internationaol organization promoting new urbanist design themovement seeks, among other things, to restore existing urbam centers and towns and to reconfigure suburbaj sprawl into communities with neighborhood identity whilw also reducing dependency on automobiles. By establishing dining and living options withih thesame area, such developments maximizde the use of space, Krieger "It's exactly what they had back in the he said, when second-story apartmente above ground-floor shops and restaurants were and amenities were within walking distanced of home. While the concept is new to Edwardsville, it's not foreignn to the St.
Louis Other examples of new urbanisk include TheBoulevard St. Louisw in Richmond Heights, Hanle Station in Brentwood, Station Plaz a in Kirkwood and New Townin St. Charles. Developmenft of the first phase of Park Plazza began inOctober 2006. Construction startes last September and is scheduled for completion by abouMay 15. Krieger said the unusually cold and wet weather at the beginningg of the year meant the company lost almost 60 construction days and put it behinr itsoriginal schedule. The second phasw involves construction of a building to the south of the existinf building on SouthBuchanan Street.
That will include 13 loft apartmentesand 11,000 square feet of retail It will be under construction by late summer and is expectefd to take nine months to complete and cost approximatelt $3.8 million, Krieger said. "To say that it's a welcome additio n is certainlyan understatement," Edwardsville Mayotr Gary Niebur said of the Among the developments in the city, "thia ranks on my list as being one of the most he said. While the city had established a tax increment financingf district in the downtown area in nothing had been developed onthat site. "Joed (Meyer) was very aggressive in pursuingvownership (of the properties)," Niebur said.
"The end resulgt is one that's going to dramatically improvrethat area." Meyer said the dollar amount for the TIF is not yet but the company will receivwe a real estate tax rebate through 2020. in Glen Ill., served as the architecft for the development; the construction company is ofFairvieew Heights. Rehab of the existing space housing the CVS and the Buffetg City International restaurant costabout "We're in serious discussions with roughly six differenyt tenants," Krieger said, though he declined to identifu them.
Half are restaurants, he Park Plaza is in "a very visible part of our downtownh that was certainlyin decline," Niebur Niebur calls Park Plaza consistent with the city's visio n for downtown and hopes the development, along with the city's investmeny in infrastructure improvements, will spur continued development downtown and in other established neighborhoods. The development is a relatively new type of venturee forJoseph E. Meyer Associates. The property managementt firm previously had developedPiasa Center, a 60,000-square-foot retail centeer in Alton, in 1991.
The company's next development will be a 54-unit upscale apartment complex in Edwardsville onthe five-acrwe site of a formetr nursing home. That projecyt is expected to be under constructionbby July, Krieger said.
Monday, February 11, 2013
Wednesday, February 6, 2013
Apple: Stock Would Rise 50% on 'Sensible Capital Allocation' Alone, Says ... - Barron's (blog)
judonebolayb1394.blogspot.com
Apple: Stock Would Rise 50% on 'Sensible Capital Allocation' Alone, Says ... < /td>Barron's (blog) Here's a fuller idea of Legg Mason (LM) manager Bill Miller's view on Apple (AAPL) รข" the one that ever so briefly got traders buying the stock again this morning. Short version: The company's stock will soar once it uses its cash more effectively. |
Friday, February 1, 2013
CAF Sacks Referee Who Officiated Nigeria-Zambia Match - Leadership Newspapers
ogarawo.wordpress.com
Leadership Newspapers | CAF Sacks Referee Who Officiated Nigeria-Zambia Match Leadership Newspapers CAF Sacks Referee Who Officiated Nigeria-Zambia Match. Leadership Editors's picture. Mon, 28/01/2013 - 4:51pm | OUR CORRESPONDENT · Footb » |
Sunday, January 27, 2013
Blue Cross to add Via Christi as in-network provider - Denver Business Journal:
sucujovide.wordpress.com
The five-year agreement takes effect Jan. 1. It means more than 110,00p0 Blue Cross Blue Shielr of Kansas members in Sedgwick County will be covered for servicess atVia Christi. Add in the other members who get their coveragew from Blue Cross outside of Kansas and that number balloonsa to morethan 140,000, says Graham Bailety vice president of corporate communicationws at Blue Cross. “We’re trying to meet the needs of our Bailey says. “You’re here to serve a clientele, and one of the thingds that is becoming more apparenrt is peoplewant choice. This is a watershed event.
” With the Blue Cross will send paymentw directly to Via Christi instead of reimbursingt members who previously were responsibled for paying themedical center. The agreement also includeds members who havethe insurer’s Plan 65-Select Medicare supplemenrt product. The deal expandx a limited partnership between Blue Cross Blue Shielxd andVia Christi, where the two have workee together under a special services agreement that covered such treatmentxs as burns, transplants and inpatient psychiatric care. Michalene Maringer, president and CEO of the Via Christi WichitaHealtgh Network, says the partnership offers additional coverage optionws for Via Christi patients.
“I think it is just a maturatiohn ofthe market,” she says of the deal. “Iyt speaks volumes for the quality of care that Via Christik has inthe community.” Both sides say the deal was predicatexd by increasing demand from patronzs for choice. “We’ve heard from so many familiess whose coverage is through Blue Cross that they wished they could come to us for all of theirr hospital care rather than for just those service s covered under the limitedservice agreement,” Maringer “Now, patients will have a choice.” remains Blue Cross’ only local in-networki hospital at least througgh the end of the year.
Bailey says Blue Crosd is working with Wesley to extendd its agreement asan in-network provider. If that which could be finalizedthis fall, is reachec Blue Cross would have two in-network hospitala in Wichita. “We are reaching out to other facilitie looking for opportunities to jointhe (Blue Cross) Bailey says. Thursday’s announcement markee the second time this year a majord health insurance provider added a Wichita hospital asan in-network provider. Preferred Health Systems earlier this year addedf Galichia Heart Hospital asa provider.
The five-year agreement takes effect Jan. 1. It means more than 110,00p0 Blue Cross Blue Shielr of Kansas members in Sedgwick County will be covered for servicess atVia Christi. Add in the other members who get their coveragew from Blue Cross outside of Kansas and that number balloonsa to morethan 140,000, says Graham Bailety vice president of corporate communicationws at Blue Cross. “We’re trying to meet the needs of our Bailey says. “You’re here to serve a clientele, and one of the thingds that is becoming more apparenrt is peoplewant choice. This is a watershed event.
” With the Blue Cross will send paymentw directly to Via Christi instead of reimbursingt members who previously were responsibled for paying themedical center. The agreement also includeds members who havethe insurer’s Plan 65-Select Medicare supplemenrt product. The deal expandx a limited partnership between Blue Cross Blue Shielxd andVia Christi, where the two have workee together under a special services agreement that covered such treatmentxs as burns, transplants and inpatient psychiatric care. Michalene Maringer, president and CEO of the Via Christi WichitaHealtgh Network, says the partnership offers additional coverage optionws for Via Christi patients.
“I think it is just a maturatiohn ofthe market,” she says of the deal. “Iyt speaks volumes for the quality of care that Via Christik has inthe community.” Both sides say the deal was predicatexd by increasing demand from patronzs for choice. “We’ve heard from so many familiess whose coverage is through Blue Cross that they wished they could come to us for all of theirr hospital care rather than for just those service s covered under the limitedservice agreement,” Maringer “Now, patients will have a choice.” remains Blue Cross’ only local in-networki hospital at least througgh the end of the year.
Bailey says Blue Crosd is working with Wesley to extendd its agreement asan in-network provider. If that which could be finalizedthis fall, is reachec Blue Cross would have two in-network hospitala in Wichita. “We are reaching out to other facilitie looking for opportunities to jointhe (Blue Cross) Bailey says. Thursday’s announcement markee the second time this year a majord health insurance provider added a Wichita hospital asan in-network provider. Preferred Health Systems earlier this year addedf Galichia Heart Hospital asa provider.
Tuesday, January 22, 2013
GM selling Saturn to Roger Penske - Kansas City Business Journal:
sucujovide.wordpress.com
Instead of building cars for Saturn, Penskwe will contract the manufactureof vehicles, firsrt from Saturn’s current owner, GM, and later from other car His plan, announced earlier is to distribute those cars through Saturn’s bigges t asset--its hundreds of independent and highly-regarded dealerships. The structure wouldd make Saturn a different kind of saidRichard Block, professor of labot and industrial relations at Michigan State “What this means, they are goinyg to be primarily a marketing company and in some sensee that is a new modeol of business in the auto Block said.
“This is the first time when we’vew seen a company say ‘we’re just going to distribute,’” withoutt manufacturing. While it might be new for a company like Saturmn to contract out the productiobn of all the carsit sells, it isn’ t so unusual that it wouldn’rt work. Car companies often manufacture models for each Brian Gluckmanof AutoTrader.com pointed out in an email that prior to Chrysler’s bankruptcy filing, that automaker had a deal to buildf a version of Chrysler’s Ram truck to replacew Nissan’s Titan truck. Jeremyy Anwyl, CEO of Edmonds.
com, said, “Thed difference here is all of the Satur vehicles are going tobe outsourced.” It coulf lead to the kind of situatioj prevalent at high-tech firms like where the primary job of the parent companyh is design, while manufacturing is handed off to other companies. And such a systenm could bring with it a new setof “For most customers, the most important aspect is the vehiclee itself,” Anwyl said. “How do you make sure that you’vd got cars that are coming in that are specific toyour brand?” and that customers will want to buy.
Lookedc at another way, the business model isn’gt so new at all, said Bruce Belzowsk of the University of Michigan Transportation Research Auto dealers, as independent business have always contracted with automakers for the productzs they sell. “No dealership builds its Belzowski said. But having an extensive Saturmndealership network, with manufacturing done elsewhere, coulrd turn out to be a winning model for Penske, said “Yeah, it’s a new model, let’as see what happens,” he said.
The news of GM’ws tentative deal to sell Saturn to Penske followss months of anxiety over the fate of the branrd as GM looks to sell or closd brands otherthan Buick, Chevrolet, GMC and Cadillac. “It’x a great day for Saturn,” Scott Davies, owner of Saturn of told the . The price Penske is payinb for Saturn was not immediately but was atbetween $100 millioh and $200 million. The deal is designef to save morethan 13,000 jobs at and preserve the brand’s nearlgy 400 dealerships. The New York Times’ DealBook blog singlesw out Renault’s Samsung Motors Unit in Korew as a possiblefuture manufacturer.
GM could keep producing the Saturn Vueand Outlook, but would stop producing Saturnm vehicles by 2011. Under the deal, Penske would take over Saturn’sz brands, trademarks, service and parts and distribution Penske he saw Saturn growing to a global brand with more vehicles in its and that it would return to a focu s onfuel economy. Penske, at one time a race car drivert who still owns Indy Car and NASCAR race has built inthe country, the , baseed in Bloomfield Hills, Mich.
“Roger Penskes is an ideal purchaser for Saturmn due to his incredible track record of success in ever venture hehas undertaken,” , president of West Herr Automotive which operates Saturn dealerships in western New York. The owner of 310 franchisese selling 40 brands aroundthe Penske’s group already is the distributofr of Daimler’s line of Smart cars in the U.S. Saturn is the GM has agrees to sell this Earlierthis week, GM announced that it was sellinfg its Hummer brand of SUVs to Tengzhong Heavy Industriaol Machinery Co., a Chinese manufacturet of heavy equipment such as dump trucks.
Instead of building cars for Saturn, Penskwe will contract the manufactureof vehicles, firsrt from Saturn’s current owner, GM, and later from other car His plan, announced earlier is to distribute those cars through Saturn’s bigges t asset--its hundreds of independent and highly-regarded dealerships. The structure wouldd make Saturn a different kind of saidRichard Block, professor of labot and industrial relations at Michigan State “What this means, they are goinyg to be primarily a marketing company and in some sensee that is a new modeol of business in the auto Block said.
“This is the first time when we’vew seen a company say ‘we’re just going to distribute,’” withoutt manufacturing. While it might be new for a company like Saturmn to contract out the productiobn of all the carsit sells, it isn’ t so unusual that it wouldn’rt work. Car companies often manufacture models for each Brian Gluckmanof AutoTrader.com pointed out in an email that prior to Chrysler’s bankruptcy filing, that automaker had a deal to buildf a version of Chrysler’s Ram truck to replacew Nissan’s Titan truck. Jeremyy Anwyl, CEO of Edmonds.
com, said, “Thed difference here is all of the Satur vehicles are going tobe outsourced.” It coulf lead to the kind of situatioj prevalent at high-tech firms like where the primary job of the parent companyh is design, while manufacturing is handed off to other companies. And such a systenm could bring with it a new setof “For most customers, the most important aspect is the vehiclee itself,” Anwyl said. “How do you make sure that you’vd got cars that are coming in that are specific toyour brand?” and that customers will want to buy.
Lookedc at another way, the business model isn’gt so new at all, said Bruce Belzowsk of the University of Michigan Transportation Research Auto dealers, as independent business have always contracted with automakers for the productzs they sell. “No dealership builds its Belzowski said. But having an extensive Saturmndealership network, with manufacturing done elsewhere, coulrd turn out to be a winning model for Penske, said “Yeah, it’s a new model, let’as see what happens,” he said.
The news of GM’ws tentative deal to sell Saturn to Penske followss months of anxiety over the fate of the branrd as GM looks to sell or closd brands otherthan Buick, Chevrolet, GMC and Cadillac. “It’x a great day for Saturn,” Scott Davies, owner of Saturn of told the . The price Penske is payinb for Saturn was not immediately but was atbetween $100 millioh and $200 million. The deal is designef to save morethan 13,000 jobs at and preserve the brand’s nearlgy 400 dealerships. The New York Times’ DealBook blog singlesw out Renault’s Samsung Motors Unit in Korew as a possiblefuture manufacturer.
GM could keep producing the Saturn Vueand Outlook, but would stop producing Saturnm vehicles by 2011. Under the deal, Penske would take over Saturn’sz brands, trademarks, service and parts and distribution Penske he saw Saturn growing to a global brand with more vehicles in its and that it would return to a focu s onfuel economy. Penske, at one time a race car drivert who still owns Indy Car and NASCAR race has built inthe country, the , baseed in Bloomfield Hills, Mich.
“Roger Penskes is an ideal purchaser for Saturmn due to his incredible track record of success in ever venture hehas undertaken,” , president of West Herr Automotive which operates Saturn dealerships in western New York. The owner of 310 franchisese selling 40 brands aroundthe Penske’s group already is the distributofr of Daimler’s line of Smart cars in the U.S. Saturn is the GM has agrees to sell this Earlierthis week, GM announced that it was sellinfg its Hummer brand of SUVs to Tengzhong Heavy Industriaol Machinery Co., a Chinese manufacturet of heavy equipment such as dump trucks.
Thursday, January 17, 2013
Sunday, January 13, 2013
Smart-grid plans entice Japanese - Houston Business Journal:
younkinesagugad1746.blogspot.com
A memorandum of understanding signed in earlu Mayby Gov. Bill Richardson and ToshihirkoNakai – Japan’s minister of economy, trade and industryu – could facilitate tens of millions of dollars in Japanes e public and private investment in clean energt and “smart grid” technology, said Tom Bowles, Richardson’ds science advisor, who is on loan from . The MOU doesn’ft contain funding commitments. But Bowles said both sidesz are now discussing concrete agreements to facilitate Japanese participatiohnin smart-grid projects that New Mexicko hopes to launch with federal stimuluzs money.
“We’re working to closed on binding agreements with the Japanese to provid e financial resourcesand hands-om involvement in the installation, operation and performance analysis of smart-grir projects,” Bowles said. “Everybodt is committed and working togetherf tomove forward. We’re just hammering out the The MOU expressesboth sides’ interest in collaboratinfg on research and developmentg of clean energy and the smart grid. It also calles for cooperation in the design and manufacture ofemerginf biotechnology, nanotechnology and information technologies.
The MOU came out of a three-dauy meeting in Albuquerque in April witha 40-membeer Japanese delegation of government officials and businesses. Bowles said the MOU is the first such agreement Japan has signed with any state government. “It’s a real coup,” Bowless said. “Other states are perhapws making overtures tothe Japanese, but we’re the only statew in the U.S. now that has an MOU like this in The Japanese are attracted toNew Mexico’x abundant solar and other cleanh energy resources, and to its advancee research capabilities at the national labs and They want to test and develop emergint technologies by installing and demonstrating them in a new internationao energy park.
“The challenge for smart gridsz is how to reliably incorporate renewablez intothe system,” Bowles said. “Solarf and wind can vary a lot. We need to demonstrates a fully integrated system that can supplu a constant source of A lot of details must stil be worked out for the Japaness to install such technologies in an energy park, Bowles said. “Japanese companiesw will build and install thesolar panels, but we need to definre who owns the grid and the power it produces, and who gets paid for Bowles said. “All that needs to be workedr out.” The partners are holdingh video conferences and scheduling visits byJapanese groups.
They want an agreement in place by when the releases its final guidelines for statesz to bid on stimulusx fundingfor smart-grid projects, Bowles said. Japaneses investment could help New Mexicomeet matching-fund requirements for federal grants (see related story on page 6). Once detailws are finalized, it coule mean a lot of Japanese investment, said Stephah Helgesen of the EconomicDevelopmeng Department’s Office of Science and “We expect actual bricks-and-mortar investmentsa to come from Helgesen said. Long-standing relationships between the Japanese and the nationall labs in New Mexico helpe d facilitatethe MOU, Helgese n said.
In fact, and Japan’sw National Institute of Advance Industrial Science and Technology signede a separate agreement on May 4 to conduct and share researchon photovoltaics, nanomaterials and computational investigationsa of the properties of said Bob Hwang, a senior manager at Sandia. “Our agreement and the state’sw MOU with Japan will enables strong collaborationon energy-relevant technologies,” Hwangy said.
“Sandia will support New Mexico in all of these Mushtaq Khan, project manager and senior researcher with the New Mexicol Institute of Mining and Technology’s Institut e for Engineering and Research Applications, said he expects the Japanesre to test some technologies in the town of Playasa in southern New Mexico. The university owns the town and, with DOE is now testing smart-grid technologieds there. “They want to work with us becaus e there are very few places like Playaws that are set up to do this kindof real-world Khan said.
A memorandum of understanding signed in earlu Mayby Gov. Bill Richardson and ToshihirkoNakai – Japan’s minister of economy, trade and industryu – could facilitate tens of millions of dollars in Japanes e public and private investment in clean energt and “smart grid” technology, said Tom Bowles, Richardson’ds science advisor, who is on loan from . The MOU doesn’ft contain funding commitments. But Bowles said both sidesz are now discussing concrete agreements to facilitate Japanese participatiohnin smart-grid projects that New Mexicko hopes to launch with federal stimuluzs money.
“We’re working to closed on binding agreements with the Japanese to provid e financial resourcesand hands-om involvement in the installation, operation and performance analysis of smart-grir projects,” Bowles said. “Everybodt is committed and working togetherf tomove forward. We’re just hammering out the The MOU expressesboth sides’ interest in collaboratinfg on research and developmentg of clean energy and the smart grid. It also calles for cooperation in the design and manufacture ofemerginf biotechnology, nanotechnology and information technologies.
The MOU came out of a three-dauy meeting in Albuquerque in April witha 40-membeer Japanese delegation of government officials and businesses. Bowles said the MOU is the first such agreement Japan has signed with any state government. “It’s a real coup,” Bowless said. “Other states are perhapws making overtures tothe Japanese, but we’re the only statew in the U.S. now that has an MOU like this in The Japanese are attracted toNew Mexico’x abundant solar and other cleanh energy resources, and to its advancee research capabilities at the national labs and They want to test and develop emergint technologies by installing and demonstrating them in a new internationao energy park.
“The challenge for smart gridsz is how to reliably incorporate renewablez intothe system,” Bowles said. “Solarf and wind can vary a lot. We need to demonstrates a fully integrated system that can supplu a constant source of A lot of details must stil be worked out for the Japaness to install such technologies in an energy park, Bowles said. “Japanese companiesw will build and install thesolar panels, but we need to definre who owns the grid and the power it produces, and who gets paid for Bowles said. “All that needs to be workedr out.” The partners are holdingh video conferences and scheduling visits byJapanese groups.
They want an agreement in place by when the releases its final guidelines for statesz to bid on stimulusx fundingfor smart-grid projects, Bowles said. Japaneses investment could help New Mexicomeet matching-fund requirements for federal grants (see related story on page 6). Once detailws are finalized, it coule mean a lot of Japanese investment, said Stephah Helgesen of the EconomicDevelopmeng Department’s Office of Science and “We expect actual bricks-and-mortar investmentsa to come from Helgesen said. Long-standing relationships between the Japanese and the nationall labs in New Mexico helpe d facilitatethe MOU, Helgese n said.
In fact, and Japan’sw National Institute of Advance Industrial Science and Technology signede a separate agreement on May 4 to conduct and share researchon photovoltaics, nanomaterials and computational investigationsa of the properties of said Bob Hwang, a senior manager at Sandia. “Our agreement and the state’sw MOU with Japan will enables strong collaborationon energy-relevant technologies,” Hwangy said.
“Sandia will support New Mexico in all of these Mushtaq Khan, project manager and senior researcher with the New Mexicol Institute of Mining and Technology’s Institut e for Engineering and Research Applications, said he expects the Japanesre to test some technologies in the town of Playasa in southern New Mexico. The university owns the town and, with DOE is now testing smart-grid technologieds there. “They want to work with us becaus e there are very few places like Playaws that are set up to do this kindof real-world Khan said.
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