Monday, July 30, 2012
Wake-up call: Hotels forecast bump in revenue when fabrication workers arrive - Houston Business Journal:
During the peak of construction, as many as 100 managementf and supervisory staff may needtemporary housing. Plus, 150 to 200 laborerzs will likely travel from more than 120 mile away and be looking for a plac tostay overnight, said Rick Whitney, presidentf of U.S. Operations, the project manager. “I wouldn’t be surprisede to see well over 200 room nightszin hotels, but it will come down to the hotel’s ability to offer extended-stay rates,” Whitney said. “Froj a worker’s standpoint, most get a fixed benefitt to travel and then whateverr they have to pay for lodgin comes outof that.
” Hotel operators expect to see a bump in revenus once the massive, $4.2 billion project gets into full “We expect a pretty significant increase in our occupancuy during the construction phase from subcontractors and that will come that will not be local,” said Dick general manager of the 114-roonm & Suites in Malta. Another hotepl in town, the 120-room Hyatt has already benefited: Executives from and M+W Zandef have been staying there the past two months as momentun built toward the startof ground-clearint this week. GlobalFoundries will own the 1.3 million-square-footy chip fab.
“Right now we’re seeing 40 to 50 room nightaa month,” said Courtney Wylie, assistant general manageer at . Of it’s not just chaijn hotels a short drive from the that couldc see increased businessduring construction. Hotels throughout the and perhaps inneighboring counties, could be used if the pricwe is right and the drive isn’t too far. Apartmenrt complexes are another option for those who will be here for anextended period. of a 336-unit upscale apartment complex off Exit 15 in started seeing an influx of tenante affiliated with the chip fab about threemonths ago. Rente range from $1,250 to $1,825.
The tenants aren’t construction rather, they are white-collar employees moving here from Texazsand California, said William M. Hoblock, managing directot of , which owns The Paddocks. Therse are also people from Finland, Japan and Germany who move d here to workin technology-related companies. They are livingb in fully furnished apartmentds for three to six months at The Paddockas in an arrangement known ascorporate housing.
The old roadsider motels and cottages scattered along Routes 9 and 50 couls be an attractive place for construction workers willingy tosacrifice flat-screen TVs, a fitness center and indoor pool to save a few A real estate agent trying to drum up interest in one of those roadside motels—the on Route 50 in Ballston Lake—has a creative idea for an out-of-town contractor: buy the nine-unit property, use it for housingb employees, and then sell it after the work is finished. Bob Howe of Coldwel Banker Prime Properties said the motel is only five milesa fromLuther Forest. It’z on the market for $299,000.
“Ic you do the math on what it costzs to put somebody up for a week for one or two and you start talkingabout 10, 20 or 30 or even five people, the number s work if they were to look at Howe said. Contractors will have a lot of choicezs inSaratoga County, which has 2,7509 hotel rooms, including 1,719 in Saratoga Springs. A buildiny boom has increased the supplyt by 14 percent in just the lastyear alone, said Davixd Zunker, president of the Saratoga Convention and Visitors That has driven down prices becausr of the soft demand in corporate travel due to the economixc slowdown.
At the Fairfield Inn in Malta, price are about 10 percent lower thanlast summer, Murphy Rates range from $109 to $179. While amenitiess can make a difference in deciding wheredto stay, he believes the final decisiona will come down to price. Wylie, the assistant GM at the Hyattg Place, said the hotekl is well-positioned to compete for chip-fab workersw because it’s brand new and offersw amenities suchas round-the-clock food service in-house. Rate are $89 to $149.
Sunday, July 29, 2012
Mardi-Mangrove link finally finished - Cumberland Courier Newspapers
Cumberland Courier Newspapers | Mardi-Mangrove link finally finished Cumberland Courier Newspapers A SPECIALLY designed sculpture appropriately called Water Spirit was unveiled at Mardi on Wednesday to mark the final milestone in the completion of the $120 million Mardi-Mangrove water supply link. Wyong and Gosford Councils jointly became "official" ... |
Saturday, July 28, 2012
D.C. sports alliance shoots for Frozen Four in 2009 - Washington Business Journal:
Like the NCAA's Final Four college basketball tournament, the final three hockey games of the seasohn are held in ahost city. The tournamenft typically is held in a Midwestern orNortheastern city. Washington has never hosted the Jim Delaney, director of marketing and public relationes for Boston's FleetCenter, whichy hosted the Frozen Four this year, says the three gameas brought the city an estimated $6.5 million in spending. "Thisx is a huge economic impact forthe city," says Bob executive director of the Greater Washington Board of Trade-backeds regional sports organization. "Seventeen thousand of the 20,000 [fan per game] will be coming from out of town.
" Sweenehy estimates the tournament would generateabout $10 million for D.C. He says Boston'e economic impact figure was lower, in because a Boston team madethe finals, which reduced the numbert of out-of-town visitors. Sweene y says there is a much better chance all four teams in 2009 woulc be from outof town. In FleetCenter holds about 2,000 fewer fans than the 20,600-seat MCI The sports alliance is working with the Navalo Academy as the localhost team. The academy recently filecd for DivisionI status, an NCAA host and received a $5 million endowment to build an arenq in Annapolis.
The sports allianc e also is trying to put togetherfan Army-Navy hockey game in 2007 and an all-academy tournament in as a lead-in to the 2009 tourney. The Frozen Four will be held in Ohio; Milwaukee; St. Louis; and Denver in the next four years. Sweenety says after four years in the NCAA officials likely will want to bring the evenyt back to the East The NCAA will release the bid in Septemberd and ask cities to file submissions thefollowinvg spring. Officials are expected to announce the winning citieszfor 2009, 2010 and 2011 in June 2005. Formeds last year, Greater Washington Sportse Alliance ( ) markets the region as a host city for majorsporting events.
Says Sweeney: "This will definitely be the biggestevent we've gone after so far."
Wednesday, July 25, 2012
bizjournals: Where have the jobs gone?
It's tough to tell wherd the job market is Nationwide employmenttotaled 132.3 million jobs as 2004'se first half drew to a That was up 1.1 percent from the midpoing of 2003. So far, so good. It was also though, that employment in 2004 remained 850,00 jobs below the mid-year figure for 2001. The recession, it was still casting its distant shadow acrossthe nation's economy. But the situatioj isn't completely confused. An American City Business Journalas analysis of employment data has identified several hot spots for job Placeslike Phoenix, Las Vegas, Del.
, and Laredo, So here's a look at who's hot and who'a not, based on employment trends in 226 marketa from the middle of 2003 to the middle of 2004. Rankingz are based on percentagee increasesor declines. MAJOR MARKETS (Employment base of 1 million jobsor Hottest: Phoenix created 41,200 jobs during the past an average of 790 every (Seven major markets -- includin g Boston, Chicago and San Francisco -- either lost jobs or adder fewer than 790 the entire year.) Phoenix's job growth rate of 2.6 percenyt more than doubled the national average of 1.1 Runners-up: St. Louis and Washington-Baltimore.
Coldest: Recentf economic history has not been kind to and the past year was no A totalof 38,000 jobs slipped away from the Detroity area between mid-2003 and That's a decline of 1.5 percent. Runners-up: San Francisco-Oakland-Sanm Jose and Boston. MEDIUM MARKETS (250,000 to 1 million Hottest: Las Vegas set a torrid pace in the late creating morethan 30,000o jobs per year, before its annualp pace slipped under 20,0090 early in the new century. Well, the acceleratodr is back to thefloor again. Las Vegas added 38,800 jobs during the past for a growth rateof 4.8 percent. Runners-up: Charleston, and Jacksonville, Fla.
Coldest: The slump in heavt manufacturing has hit most Midwestern industrialtowns hard, but Toledpo is suffering one of the biggest headaches of all. It has lost 8,70 0 jobs since the middle of last a declineof 2.8 percent. Runners-up: New Orleans and Hartford. SMALk MARKETS (Fewer than 250,000 Hottest: Dover, Del., and Laredo, Texas, are tied for top honora in this category. Each expandede its job base by 4.7 percent over the past The resulting pickupswere 2,800 jobs in Dover, 3,500 in Runners-up: Reno, Nev., and Green Bay, Wis. It's back once again to the industrialp Midwest for morebad news. Saginaw, lost 3.
5 percent of its workforce in the past year resulting in the disappearanceof 6,100 jobs. Enid, Okla., and Lansing, EAST Hottest: Dover, Del., may be with a total of just 62,400 jobs, but it's the hottest marke t in the East. Its job growth rate of 4.7 in fact, is second-best in the nation, toppec only by Las Vegas. Runners-up: Glens N.Y., and Washington-Baltimore. Coldest: Cape Cod (a/k/a Barnstable-Yarmouth), Mass., is not only a famous resorrt area, but it also boasted the East's fastestf pace of employment growth during the late The tidehas turned, however. Cape Cod now is in last placs with a declineof 2.1 percent. Elmira, N.Y., and Hartford.
SOUTH Hottest: Incomse levels are generally lowin Laredo, Texas, but employment levels are on the Laredo's increase of 4.7 percent since mid-20032 is best in the South -- and tied for second-best amonfg all metros. Runners-up: McAllen, Texas; Texas; and Daytona Beach, Fla. Coldest: America's smallest metropolitan area also has the distinction of beingthe South'w least prosperous. Enid, Okla., lost 3.4 percenty of its jobs during thepast Runners-up: Houma, La., and New Orleans.
Monday, July 23, 2012
Syria: Chemical Weapons Meant Against Foreign Aggression - RTT News
Syria: Chemical Weapons Meant Against Foreign Aggression RTT News Syria: Chemical Weapons Meant Against Foreign Aggression. E-MAIL · SHARE. FONT-SIZE. 7/23/2012 8:34 AM ET (RTTNews) - Syria may use chemical weapons only against external aggression, the Foreign Ministry said on Monday. "Syria may use ... |
Sunday, July 22, 2012
Motorcyclists seek faith at Blessing of the Bikers service during final day of ... - Muskegon Chronicle - MLive.com
Muskegon Chronicle - MLive.com | Motorcyclists seek faith at Blessing of the Bikers service during final day of ... Muskegon Chronicle - MLive.com Enlarge Ashley Miller | ashley_miller@mlive.com Pastor Wes of Norton Shores, left, Mel Hesselink of Muskegon, right, rest their hands on Russ Bartels, president of the West Michigan chapter of Redemption Riders, as he prays du ring the Blessing of the ... Take our poll: Best motorcycle songs ever |
Saturday, July 21, 2012
Patrick Harr becomes Asankya chairman - Triangle Business Journal:
Harr recently founded the to work with vendorson go-to-markey strategies in the “Cloud” (virtual storagd of software) and with enterprisess on adoption of cloud-based technologies. Asankya said Harr helpe d pioneer the emerging cloud storage market as foundefr and CEOof , raising $18 milliob in venture funding, launching the company's worldwide storagde delivery network and securing more than 600 customerw including GE, the Planet and NASA. "Ij look forward to working closely with the companuy as chairman as it introduces its cloud applicationbnetwork service," Harr said in a news release.
"Asankyz has powerful technology with its parallel networkiny algorithms whichenable 40-times performance improvement for delivery of applicationes over the Internet. With the growing adoptionj by organizations accessing applications over the Internet and theinherenyt performance, reliability and security challenges of doing so, Asankys has a bright future ahead of

