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    News
    Globe Street (Aug 23 2010)

    PANAMA CITY, PANAMA-The 70-story hotel condo project is about 90% sold. The 2.5-million-square-foot tower, which includes a casino, will open in phases starting later this year.

    Global Property Guide (Aug 20 2010)
    Starting next month, California’s state capital campus, a complex of 23 buildings encompassing 5.5 million sq ft, will be cooled by water chilled in a 4.25-million-gal thermal-energy storage tank.
    Global Property Guide (Aug 20 2010)
    Cutting through the din of rancorous partisanship in American politics isn’t easy, but the two-year-old National Transportation Policy Project has gathered high-level veteran public figures to state clearly and advance the cause of transportation programming.
    Global Property Guide (Aug 20 2010)
    Oklahoma is on a mission to ensure it never again wins the dubious honor of having the nation’s highest percentage of substandard bridges.
    Global Property Guide (Aug 20 2010)
    The Shaw Group Inc. will provide technical support services for at least two new nuclear power units in China under an agreement with the government signed on Aug. 17.
    Global Property Guide (Aug 20 2010)
    Caterpillar Inc., the world's largest construction and mining equipment maker, is shifting its economic engine into overdrive with several new capital projects following a record-setting second quarter.
    Global Property Guide (Aug 20 2010)
    Construction machinery juggernaut United Rentals Inc. and industrial contractor Fluor Corp.’s AMECO unit are teaming up to offer equipment, tool and logistics services for oil-and-gas owners along the Gulf Coast.
    Global Property Guide (Aug 20 2010)
    California Transportation Director Cindy McKim says that if the current budget impasse continues through the end of August, “transportation-fund cash balances may be depleted, resulting in potential suspension of ongoing construction projects.”
    Global Property Guide (Aug 20 2010)
    The Environmental Protection Agency has asked a federal appeals court to give the agency 18 months to address what it termed a “flaw” in a 2009 stormwater regulation. The rule sets a limit on sediment discharges from construction sites.
    Commercial Property (Aug 20 2010)
    Manufactured using dual density technology, CavityRock® DD is available in thickness of 2.5 in. or more, while mono density CavityRock®MD comes in 1, 1.5, and 2 in. thicknesses. Green products are made from combination of natural stone and recycled material. Able to withstand heat of flames up to 2,150°F without melting, non-combustible insulation boards provide line of defense for commercial and industrial buildings, and are capable of repelling and draining water that penetrates exterior wall.
    Globe Street (Aug 20 2010)

    TORONTO-Hines will help Waterfront Toronto with the 10-acre Bayside development site, with 1,700 condos and apartments, 450,000 square feet of office and 200,000 square feet of retail.

    Commercial Property (Aug 19 2010)
    Using square and rectangular strut profiles, EcoShape Framing System enables assembly of workstations, material shuttles, or racks. Made from aluminum, components are completely reusable and recyclable. MTpro planning software enables users to drag and drop components and modules out of product catalog and place them into virtual 3D environment, automatically snapping into correct mounting position. MTpro works in background to calculate order list with all components and accessories.
    Globe Street (Aug 19 2010)

    SINGAPORE-Jones Lang LaSalle has expanded its facilities and property management portfolio by about 25% in the region, thanks to sustained growth versus setbacks in Europe and the US.

    Architecture Week (Aug 18 2010)
    In May 1895, landscape architect Frederick Law Olmsted, best known for Central Park in New York, wrote in Engineering Magazine about city parks, or "pleasuregrounds." Here, Olmsted starts by offering suggestions on park siting and organization. In a second part of the article to follow, he discusses park design in more detail. 8212;nbsp;Editor
    Globe Street (Aug 18 2010)

    MECCA, SAUDI ARABIA-Raffles Mecca Palace, with 213 butler-serviced suites, is part of the $3 billion Abraj Al Bait mixed-use complex near the Grand Mosque.

    Globe Street (Aug 18 2010)

    HONG KONG-Cheung Kong (Holdings) Ltd. paid $976 million for two residential sites during a land auction organized by the government.

    Globe Street (Aug 17 2010)

    SAO PAULO, BRAZIL-The Jones Lang LaSalle report about average daily rate growth is about 2009, but is a strong indicator for the country, which has 153 new projects in planning or construction.

    Global Property Guide (Aug 16 2010)
    Twenty-five states have filed 77 applications totaling more than $8.5 billion for the U.S. Dept. of Transportation's next round of high-speed-rail grants.
    Globe Street (Aug 16 2010)

    SHANGHAI, CHINA-Though the government helped moderate the growth bubble in the country, the office market has already bottomed and started up demand.

    Globe Street (Aug 12 2010)

    LONDON-The company's second store in the city is the largest ever opened by the computer giant, and the company's 300th to open. Twenty-four stores are planned to open worldwide this quarter.

    Global Property Guide (Aug 12 2010)
    Federal mandate for crane operator certification nearly died during negotiations between regulators and the industry.
    Global Property Guide (Aug 12 2010)
    Rigger William Rapetti was acquitted in July of all criminal charges against him in connection with the deadly collapse of a tower crane in New York City on March 15, 2008.
    Global Property Guide (Aug 12 2010)
    The next time there is an oil-spill disaster, emergency response and remediation contractors will have a new generation of tools, thanks in part to techniques and equipment deployed after the April 20 Deepwater Horizon drill-ship explosion.
    Global Property Guide (Aug 12 2010)
    Researchers reported results of two key studies--one on using real-time technology to reduce the danger of working around construction equipment and another on the impact of project-site leadership on safety--to the Construction Industry Institute’s annual conference held Aug. 4-5 in Orlando, Fla.
    Global Property Guide (Aug 12 2010)
    A new 10-in.-long “Magic Wand,” which runs on a pair of AA batteries, stores images to a 4-GB micro-USB chip, has 24-bit color and downloads through a USB 2.0 port and cable, opens up a lot of possibilities for users.
    Global Property Guide (Aug 12 2010)
    The U.S. Energy Dept. said on Aug. 5 it will abandon its original plan for the FutureGen 275-MW powerplant to test advanced carbon-capture and storage technologies.
    Global Property Guide (Aug 12 2010)
    Peoria, Ill.-based equipment manufacturer Caterpillar Inc. announced on July 30 it will build a $426-million, 850,000-sq-ft mining equipment plant in Winston-Salem, N.C.
    Global Property Guide (Aug 12 2010)
    Construction’s unemployment rate is starting to ease back from record-high levels.
    Global Property Guide (Aug 12 2010)
    Sources say they don’t expect to see major changes in the direction of rulings from the U.S. Supreme Court with the addition of Elena Kagan, confirmed by the U.S. Senate on August 5.
    Globe Street (Aug 11 2010)

    VALENCIA, VENEZUELA-The new Valencia-Downtown hotel joins the brand's other Venezuela location in the country's capital of Caracas.

    Globe Street (Aug 11 2010)

    ROTTERDAM, THE NETHERLANDS-Among the leasing activity within the company's Europe development portfolio, Drake & Farrell Logistics B.V. sign on for 110,600 square feet.

    Globe Street (Aug 11 2010)

    RED SEA, EGYPT-Dubai-based Jumeirah Group signs agreement with Palm Hills Developments to manage its 250-room hotel, Jumeirah Gamsha Bay Resort here.

    Globe Street (Aug 11 2010)

    LONDON-Upward price trends in the UK real estate market led to increased sales of troubled commercial assets by creditors and banks, as sellers considered the price increase trend to be short-lived.

    Globe Street (Aug 10 2010)

    DUBAI-The firm has formed a subsidiary to join with ERC Private, based in Singapore, to build the facility.

    Global Property Guide (Aug 09 2010)
    The U.S. military’s multibillion-dollar program to build up facilities and infrastructure on the Pacific island of Guam to handle new troops could face scope and schedule changes, based on conclusions of the program’s final environmental review, released on July 28.
    Global Property Guide (Aug 06 2010)
    O&G Industries, the Torrington, Conn.-based general contractor on a Connecticut powerplant project where a fatal blast occurred in February during a natural gas venting operation, says it plans to contest penalties levied against it Aug. 5 by the U.S. Labor Dept.’s Occupational Safety and Health Administration.
    Global Property Guide (Aug 05 2010)
    The $337-million Donghai Bridge project signals China’s commitment to alternative energy.
    Global Property Guide (Aug 05 2010)
    China plans to award a design-build contract soon for the sunken tube tunnel and artificial islands comprising part of the 30-kilometer-long, $5.5-billion road link between Hong Kong, Zhuhai and Macau, in the Pearl River Delta.
    Global Property Guide (Aug 05 2010)
    McCarthy Building Cos. Inc. and architect HOK joined California Gov. Arnold Schwarzenegger (R) in a public ceremony last week to start work on a “Health and Wellness City” at the former March Air Reserve Base in Riverside County.
    Global Property Guide (Aug 05 2010)
    The U.S. military’s multibillion-dollar program to build up facilities on the Pacific island of Guam could face scope and schedule changes, based on conclusions of the program’s final environmental review, released on July 28.
    Global Property Guide (Aug 05 2010)
    Officials with the Denver International Airport will decide this year whether to move ahead with a signature rail bridge design, unveiled July 29, by architect-structural engineer Santiago Calatrava.
    Global Property Guide (Aug 05 2010)
    Construction industry sources say the latest legal skirmish over Arizona’s controversial immigration law underscores the need for comprehensive immigration reform at the national level.
    Global Property Guide (Aug 05 2010)
    New York City’s Landmarks Preservation Commission voted unanimously against granting historic protection for an old factory building, designed in the Italian Renaissance palazzo-style, located two blocks from Manhattan’s the World Trade Center (WTC) reconstruction site.
    Global Property Guide (Aug 05 2010)
    Verdant Power Inc., the leading U.S. tidal power developer, and the China Energy Conservation and Environmental Protection Group (CECEP), a renewable energy company, have signed a memorandum of understanding to develop tidal energy projects in China.
    Global Property Guide (Aug 05 2010)
    The construction industry is gearing up to carry out one of the most important federal safety actions in years: the Occupational Safety and Health Administration’s overhaul of its 39-year-old standard governing cranes and derricks.
    Global Property Guide (Aug 05 2010)
    Legislation to tighten safety requirements for offshore oil and gas drilling has advanced in the House but faces an uncertain future in the Senate.
    Global Property Guide (Aug 02 2010)
    U.K.—based designer W.S. Atkins plc will significantly boost its U.S. market stake with the Aug. 2 announcement of plans to acquire Orlando, Fla.-based transportation engineer and construction manager PBSJ Corp. in a $280-million cash transaction.

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