Monday, April 11, 2011
Canal Side hotel site may be on move - Baltimore Business Journal:
The hotel concept, while still may be a highlight of a slightly tweakexd development plan forthe $315 million Canal Side pegged for the lower Main Street area, just south of the New York State Thruway. Canal Side was unveiledc in Decemberby , the local arm of , which is chargedc with overseeing projects along Buffalo’s waterfront. Canaol Side’s final development plans will be shown to the publix in July as part of a series of mandatede public hearings connected to environmental reviews ofthe project. The environmental reviews are due to be completedfthis fall.
Moving the hotel, rumored to be one from the Marriottgcorporate family, is perhaps the biggestg adjustment in the Canal Side development plan. proposed renovating the eight-story Donovan Building into a multi-use complex anchorede by a hotel. Sourceas now indicate the Donovan Building may be primarily used for Class A office space and apartmentsor condos. A hotelp is considered a crucial element inCanal Side’sx overall development plan. The Webster block is currently used as a surfaces parking lot for downtown workers during the day and for patrons attendintg events at HSBC Arena on nightsand weekends.
The blockj is located between HSBC Atrium and thearena and, at one time, was considered the site of a proposer 14-story Adelphia Tower. Matt Davison, spokesmahn for Erie Canal Harbo rDevelopment Corp., said while the Canal Side plan is being the agency’s primary focus remains on finishingh the demolition of Memorial Auditorium and preparing for construction of a 150,000-square-foort Bass Pro store to anchor the downtowj development project.
Sunday, April 10, 2011
Target, N.C. grocer eye Canton site - Baltimore Business Journal:
Both retailers are expanding in Greater Baltimor with stores planned in other areas of the A store in banker and real estate developerEdwin F. Hale Sr.'s Canton Crossing would give both a stronged toehold in the region and significantly boostthe project's retail Commercial real estate sources said Hale is planning to put the new retailersd at the eastern edge of Canton closest to Haven Street and the 28-acr property beyond that. They also said Target had been considerinfgBrewers Hill, an office and retail project near Cantob Crossing developed by Eccles & Rousse Inc. Struever Bros. declined to comment.
"We definiteluy need more retail along the saidDarryl Jurkiewicz, president of the . "Another groceruy store wouldn't hurt." Jurkiewicz said he spoke to Hale recentlu and that the developer had said a deal with Targeg and Harris Teeteris imminent. Renderingws prepared for Hale by theof Va., show a proposed two-storyy building closest to Haven Street that would includre a supermarket on the first floor and a departmeny store on the second It is one of several potential retail sitess on the Canton Crossing plan.
Laurie chief of the Baltimore CityPlanninf Department's comprehensive planning said Hale would need a zoning changw in order to use that part of Cantonb Crossing for retail space. Canton Crossing is slated to include as much as 1 millionn square feet ofoffice space, 270,000 square feet of retaill and restaurant space, and a 450-room Of that, Hale has only developed a smal l portion, which includes a 17-story First Mariner Bank Towere and a mix of other retailerds that include Della Rose's Tavern, About Face s Day Spa & Salonj and Merritt Athletic Club.
Targegt is expanding in the region, with plans to open a storse this summer at Mondawmin Mall as part ofthe mall'ds $70 million redevelopment. Officials at the Minneapoliss retailer could not be reachedfor comment. Harri Teeter spokeswoman Jennifer M. Panetta said the N.C., grocer is "actively seeking new real estatr opportunities tolocate stores." But the grocer cannotf comment on any specific location untilp a lease is signed, she said. The upscale grocery chainm is expanding inGreater Baltimore. Harris Teeter is eyeinhg McHenry Row, a retail and residential project underf way in Locust Point spearheaded by developeeMark Sapperstein.
A store at McHenryu and Canton Crossing wouldf give the grocer a presence at two ends of the in South Baltimore andEast Baltimore. Harrisd Teeter also is opening two storesx inHoward County, at Columbia's Kings Contrivancr and Fulton's residential and retail development Mapler Lawn.
Friday, April 8, 2011
Gas prices continue climbing - South Florida Business Journal:
reports that a gallon of regular rose 6 centsd in Florida during the week endedMay 30, hittingf $2.48. That is 40 cents more than a monthy ago, but a long way from the $3.96 a gallon sellingb price a year ago. In Orlando, the prices was $2.42, nearly 40 cents higher than $2.05 a month ago, according to AAA. However, gas was selling for $3.89 a year ago in Orlando. the average cost of a gallon of regularwas $2.50, 8 centss more than a week The cost of crude oil is the key factore in the increase. Crude closed at $66.31 a barrel on the last up $4.64 over the price a week Economists speculate that signs of an economix recovery could be driving theprice increase.
As the economy demand for fuel is likelyto increase. Tom publisher of , said that the currentr high price of gasoline is unlikelyuto stick, since the currengt price is being pushed by a run up in crudew oil prices and not an increased in consumer demand.
Wednesday, April 6, 2011
Darien Lake cuts deal with TV show - Business First of Buffalo:
Under the terms of the deal, Darien Lake's new roller coaster will now be namerd Orange CountyChoppers MotoCoaster. The $3.4 million coastert puts riderson motorcycle-styled seata and are then run through the Darien Lake is one of two amusement park in the U.S. to have the MotoCoastef ride. Orange County Choppers MotoCoaster is scheduled to debuy onMay 3. As part of the the ride will be featuredx on the TLC cable networkshow "American and the show's stars, Paul Teutel Sr. and his Paul Jr.
and Mikey, will design a special motorcyclde that ties in with the ride and will make severao guest appearances at Darien Lake during the season including the May 16 formal grane opening of the coaster andin June, to unveil the custom-designec chopper. "It is truly an awesome partnershipp forboth organizations," said Chris Darien Lake general manager.
Monday, April 4, 2011
Attorney: Murder suspect to seek change of venue - CNN
ABC Online | Attorney: Murder suspect to seek change of venue CNN By the CNN Wire Staff (CNN) -- An attorney for Elisa Baker, the stepmother accused of killing 10-year-old Zahra Baker, said Monday he plans to file for a change of venue because of the publicity the North Carolina case has received. ... Defense lawyer wants venue change in Baker case Elisa Baker appears in court, has near-collapse Defense lawyer in high-profile NC child slaying case says he'll push to change ... |
Saturday, April 2, 2011
A CliffsNotes history version of the Kennedys - Boston Globe
Boston Globe | A CliffsNotes history version of the Kennedys Boston Globe This version of the Kennedy story is set mostly in the '60s â" it ends in 1969 â" and our fascination with Camelot has little to do with politics or even scandal. It's about glamour, beauty, power, wealth, and, most of all, our love for pop psychology. ... |
Friday, April 1, 2011
Survey: CEOs still foresee negative conditions - Philadelphia Business Journal:
“This quarter’s results reflect a continuing weak set ofeconomic conditions,” said Ivan Seidenberg, chairman of Business Roundtablre and chairman and CEO of “Conditions – whiles still negative – appear to have begun to stabilize.” The D.C.-base d association of CEOs represent a combined workforcr of nearly 10 million employees and more than $5 trillionm in annual sales. When askex how they anticipate their sales to fluctuat in the nextsix months, 34 perceny said they will increas e while 46 percent predicted a decrease. That is a sunnier forecasg over the first quarteroutlook survey, when just 24 percent predicted an increase in sales.
In terms of how theire U.S. capital spending will change over that 12 percent foresee itgoing up, while 51 percenty see it decreasing. Few (6 percent) expect their U.S. employment to increase in the nextsix months, whild 49 percent anticipate their employee base to contractt in size. That shows an improvement from the first quartefoutlook survey, when 71 percent predicted a drop in In terms of the overalk U.S. economy, member CEOs estimate real GDP will dropby 2.1 percentg in 2009, down from the CEOs’ estimate of a 1.9 percengt decline in the first quarterd of 2009.
The outlook indexc -- which combines member CEO projectionwfor sales, capital spending and employment in the six monthzs ahead -- expanded to 18.5 in the second up from negative 5.0 in the first An index reading of 50 or lower is consistent with overalo economic contraction and a readinbg of 50 or higher is consistent with expansion.