Target date for Elburn Station vote is June 4 Kane County Chronicle By AL LAGATTOLLA â€" alagattolla@shawmedia.com ELBURN â€" The Elburn Village Board targeted June 4 as the date for a vote on the proposed Elburn Station development. Board members Monday said they are looking to resolve three issues before a vote would ... |
Wednesday, May 23, 2012
Target date for Elburn Station vote is June 4 - Kane County Chronicle
opexibu.wordpress.com
Monday, May 21, 2012
Oakland bars tap into demand - Pittsburgh Business Times:
bentlyoupapa1810.blogspot.com
The city’s growing culinary chops have been now city denizens haveequally destination-wortht spots to sip or swill. New spotes to open in the Uptown district in recent monthainclude Somar, Den at the Fox Theater, and 2022 Restaurany and Lounge. Era, Mimosa, The Town Hall of Oakland, and otherz are on the way. The 10,000 new Oakland residentsa that former Mayor Jerry Brown hoped to attractf with new condos all need somethingto do, said Michaell Orange, who works in real estate in Oaklandc and also does nightlife marketing and promotions as Top Ten Social Club. “San Franciscpo already has a lot of restaurantsand bars. we need them to open.
” Entrepreneurs are rushinbg to satisfythat need. Alfonso Dominguez, Kevin Best and Gairt Jacques willopen Era, a 4,500-square-foot art bar and at Broadway and Grandc Avenue in two They hope to appeal to the art crowdr that attends First Fridays, when art gallerie stay open late. “To have an opportunitt to keep these people here and have a bit of nightlife after, that’s where the art bar idea came from,” said The trio also knows Oakland. Best owns two San Franciscoi restaurants and Bin Oakland.
Jacques has Air, anothed Oakland nightclub, and Dominguez owns a host of design andhospitality offerings, includingh FIVEten Studio and Tamarindo Despite these newcomers, many see Oakland as a land of relativr opportunity with lower barriers to entry than San Franciscoi and lower rents and labor costs. “There’s so much potentiall here,” said Nichelle who will open Mimosa, a 2,200-square-foot champagne, raw and desserg bar, at 24th Street and Broadway. In some the bad economy is making thesde newbars possible. Last Armando Ramos and his dad losttheird jobs. Now they and Ramos’ mom and cousin own the 2,000-square-footg Somar at 1727 Telegraph Ave.
“From my point of I can go chase after thenext job, or I can take a chancwe with these people I know and trusyt and just do Ramos said. Raising money has been difficult, theswe owners all say, but through friends, family, investors, rent reductionsd or generous tenantimprovement allowances, all have made it happen. Developeras have long viewed Uptown as ripefor revitalization, and bars and restaurantz were always seen as part of the mix. That all this activityg should take place in the midst of a deep andin Oakland, is noteworthy and speak s to the perceived opportunity, particularly now that the Fox Theaterd is open and shows are sellingv out.
Others believe that density is more importantt tothe area’s ultimate success than the largw theaters. Michael O’Connor, who owns the Independent in San will open The Town Hall of a livemusic venue, by mid-July one block from the Fox “The only way to successfullhy revitalize an area is throughy a critical mass of smalp businesses,” he said.
The city’s growing culinary chops have been now city denizens haveequally destination-wortht spots to sip or swill. New spotes to open in the Uptown district in recent monthainclude Somar, Den at the Fox Theater, and 2022 Restaurany and Lounge. Era, Mimosa, The Town Hall of Oakland, and otherz are on the way. The 10,000 new Oakland residentsa that former Mayor Jerry Brown hoped to attractf with new condos all need somethingto do, said Michaell Orange, who works in real estate in Oaklandc and also does nightlife marketing and promotions as Top Ten Social Club. “San Franciscpo already has a lot of restaurantsand bars. we need them to open.
” Entrepreneurs are rushinbg to satisfythat need. Alfonso Dominguez, Kevin Best and Gairt Jacques willopen Era, a 4,500-square-foot art bar and at Broadway and Grandc Avenue in two They hope to appeal to the art crowdr that attends First Fridays, when art gallerie stay open late. “To have an opportunitt to keep these people here and have a bit of nightlife after, that’s where the art bar idea came from,” said The trio also knows Oakland. Best owns two San Franciscoi restaurants and Bin Oakland.
Jacques has Air, anothed Oakland nightclub, and Dominguez owns a host of design andhospitality offerings, includingh FIVEten Studio and Tamarindo Despite these newcomers, many see Oakland as a land of relativr opportunity with lower barriers to entry than San Franciscoi and lower rents and labor costs. “There’s so much potentiall here,” said Nichelle who will open Mimosa, a 2,200-square-foot champagne, raw and desserg bar, at 24th Street and Broadway. In some the bad economy is making thesde newbars possible. Last Armando Ramos and his dad losttheird jobs. Now they and Ramos’ mom and cousin own the 2,000-square-footg Somar at 1727 Telegraph Ave.
“From my point of I can go chase after thenext job, or I can take a chancwe with these people I know and trusyt and just do Ramos said. Raising money has been difficult, theswe owners all say, but through friends, family, investors, rent reductionsd or generous tenantimprovement allowances, all have made it happen. Developeras have long viewed Uptown as ripefor revitalization, and bars and restaurantz were always seen as part of the mix. That all this activityg should take place in the midst of a deep andin Oakland, is noteworthy and speak s to the perceived opportunity, particularly now that the Fox Theaterd is open and shows are sellingv out.
Others believe that density is more importantt tothe area’s ultimate success than the largw theaters. Michael O’Connor, who owns the Independent in San will open The Town Hall of a livemusic venue, by mid-July one block from the Fox “The only way to successfullhy revitalize an area is throughy a critical mass of smalp businesses,” he said.
Sunday, May 20, 2012
Montgomery County approves Donohoe Development's Bethesda project - Washington Business Journal:
yvejodo.wordpress.com
The project, Woodmont Central, was originally scheduled to go befores the planning boardin July, after the county’s moratorium on residential developments startedr July 1. “They got all approvals they neededx inon time,” said Joshua coordinator at the county’s development review divisiomn who recommended the planning board approve Donohoe’s site plan with some conditions. And though boards member Amy Presley referredto Donohoe’s need to get the approvaol quickly as “the elephant in the room,” Sloan said the decision wasn’t rushed.
Sloan said the response to the preliminary site plan was overduer because the board had requested an extension beyond theusualo 90-day review period. The residential which would affect Bethesda, Chevy Chase, Clarksburg and Senecaw Valley, was announced by the boarf June 8. It came after the board received results of the annualschool test, whicb compares projected 2014 enrollment figures against classroom capacitg in the county’s public The test showed that the number of students enrollerd by 2014 was greater than the 120 percent cap set by the Adequats Public Facilities Ordinance.
The developmentr limitations, which only allow for subdivisions of thred or fewer units or forretirement communities, were established to avoid puttinv schools over capacity with enrollment from new housing The residential component of Donohoe’s project is actually part of the seconds and third phases of so its construction would likely begin after the ban, if it is lifte next July. The first phase of the development isa six-story retail and office building. The 462,160-square-foot residential and retail componentwould follow. Sloan said the residentiakl phase was not likely to deliver for anothetr five tosix years.
At the time the moratorium was set, Donohos President Peter Gartland said his project woulr likely make it befor the board in advance of the adding thatthe county’s 2009-2011 growth policuy conflicted with the development ban. “Ther future of the county is inits transit-oriented areas,” Gartland said, echoing the growth policy’s findingz that Montgomery County should focus on infill and transit-oriented, mixed-use “We have faith the county will solve this problen because urban areas like Bethesda are wherer new development should be channeled,” he The moratorium will likely last until next year’s review unless the identified areas can show a projectesd drop in enrollment or an ability to host more School expansions may be considerefd in the fall and woulf be funded by Montgomery County’s capital improvements program.
The boards approved the project witha 3-2 vote but with several The project must achieve a Silvef LEED rating and the develope must adjust height limitations, buildinbg setbacks, public space and retail frontage. Northwest, Northwood, Paint Quince Orchard, Rockville, Walter Johnson, Whitman and Richard Montgomery were also identifieds as areas that will be overcrowded by more than 105 percentin 2014. Developers hopinyg for subdivision approval in those areas will have to paya fee.
The project, Woodmont Central, was originally scheduled to go befores the planning boardin July, after the county’s moratorium on residential developments startedr July 1. “They got all approvals they neededx inon time,” said Joshua coordinator at the county’s development review divisiomn who recommended the planning board approve Donohoe’s site plan with some conditions. And though boards member Amy Presley referredto Donohoe’s need to get the approvaol quickly as “the elephant in the room,” Sloan said the decision wasn’t rushed.
Sloan said the response to the preliminary site plan was overduer because the board had requested an extension beyond theusualo 90-day review period. The residential which would affect Bethesda, Chevy Chase, Clarksburg and Senecaw Valley, was announced by the boarf June 8. It came after the board received results of the annualschool test, whicb compares projected 2014 enrollment figures against classroom capacitg in the county’s public The test showed that the number of students enrollerd by 2014 was greater than the 120 percent cap set by the Adequats Public Facilities Ordinance.
The developmentr limitations, which only allow for subdivisions of thred or fewer units or forretirement communities, were established to avoid puttinv schools over capacity with enrollment from new housing The residential component of Donohoe’s project is actually part of the seconds and third phases of so its construction would likely begin after the ban, if it is lifte next July. The first phase of the development isa six-story retail and office building. The 462,160-square-foot residential and retail componentwould follow. Sloan said the residentiakl phase was not likely to deliver for anothetr five tosix years.
At the time the moratorium was set, Donohos President Peter Gartland said his project woulr likely make it befor the board in advance of the adding thatthe county’s 2009-2011 growth policuy conflicted with the development ban. “Ther future of the county is inits transit-oriented areas,” Gartland said, echoing the growth policy’s findingz that Montgomery County should focus on infill and transit-oriented, mixed-use “We have faith the county will solve this problen because urban areas like Bethesda are wherer new development should be channeled,” he The moratorium will likely last until next year’s review unless the identified areas can show a projectesd drop in enrollment or an ability to host more School expansions may be considerefd in the fall and woulf be funded by Montgomery County’s capital improvements program.
The boards approved the project witha 3-2 vote but with several The project must achieve a Silvef LEED rating and the develope must adjust height limitations, buildinbg setbacks, public space and retail frontage. Northwest, Northwood, Paint Quince Orchard, Rockville, Walter Johnson, Whitman and Richard Montgomery were also identifieds as areas that will be overcrowded by more than 105 percentin 2014. Developers hopinyg for subdivision approval in those areas will have to paya fee.
Friday, May 18, 2012
Lakers-Thunder series: Five things to watch in Game 3 - Los Angeles Times
geqopimozaqyxyh.blogspot.com
International Business Times | Lakers-Thunder series: Five things to watch in Game 3 Los Angeles Times By Mark Medina Things to watch when the Lakers host the Oklahoma City Thunder at Staples Center tonight for Game 3 of the Western Conference semifinals. The Thunder leads the series 2-0. 1. How will the Lakers respond after a disappointing ending in ... Lakers vs. Thunder, Game 3: What to watch Lakers Vs. Thunder: Live Stream, Watch Online, Preview For Game 2 NBA Playoffs: Why Lakers-Thunder Is the Series To Watch |
Thursday, May 17, 2012
JPMorgan won
vuwodu.wordpress.com
The move will leave a gaping holein Seattle’ds commercial real estate market. WaMu has leases at five downtowhnoffice buildings, including its former headquarters, Washingtonn Mutual Tower. WaMu leases about 543,000p square feet and subleases anadditionall 185,000, according to Seattle-based Flin n Ferguson Corporate Real Estate. JPMorgan (NYSE: JPM) will move all of WaMu’as remaining employees and those on its transitioh team toWaMu Center, the 42-story high-risse tower that Washington Mutual built in partnershi p with the Seattle Art Museum. WaMu occupiese 900,000 square feet in the center. JPMorgan had threed months afterits Sept.
25 purchase of WaMu to make a decision aboutthe company’s Those leases will now be turned over to the Federaol Deposit Insurance Corp. (FDIC) In the case of Washingtobn Mutual Tower, owner Wright Runstade & Co. has worked out a deal in which JPMorganassumed WaMu’sz lease on 180,000 square feet of space and then immediately turned it back over to Wrighy Runstad, said Greg Johnson, president of Wright That move prevented the space from being turned over to the FDIC and allower JPMorgan to continue to lease about 7,000 squaree feet in the tower that’s used for a WaMu WaMu’s space was also 70 percent so it allowed those tenants to remaij in the building without said Johnson.
“We had three parties that came out as good as they couled have in abad situation,” said referring to his company, JPMorgan and the subleasw tenants. and all employeess will be moved byMarch 24, said Tom Kelly, spokesmah for JPMorgan. Kelly was unsure how many employeese willbe moved. WaMu employed 4,200 peoplre in downtown Seattle but JPMorgan is cutting 3,400 of those jobs. Some of those employees will stay longerd with the company on itstransitiohn team.
The move will leave a gaping holein Seattle’ds commercial real estate market. WaMu has leases at five downtowhnoffice buildings, including its former headquarters, Washingtonn Mutual Tower. WaMu leases about 543,000p square feet and subleases anadditionall 185,000, according to Seattle-based Flin n Ferguson Corporate Real Estate. JPMorgan (NYSE: JPM) will move all of WaMu’as remaining employees and those on its transitioh team toWaMu Center, the 42-story high-risse tower that Washington Mutual built in partnershi p with the Seattle Art Museum. WaMu occupiese 900,000 square feet in the center. JPMorgan had threed months afterits Sept.
25 purchase of WaMu to make a decision aboutthe company’s Those leases will now be turned over to the Federaol Deposit Insurance Corp. (FDIC) In the case of Washingtobn Mutual Tower, owner Wright Runstade & Co. has worked out a deal in which JPMorganassumed WaMu’sz lease on 180,000 square feet of space and then immediately turned it back over to Wrighy Runstad, said Greg Johnson, president of Wright That move prevented the space from being turned over to the FDIC and allower JPMorgan to continue to lease about 7,000 squaree feet in the tower that’s used for a WaMu WaMu’s space was also 70 percent so it allowed those tenants to remaij in the building without said Johnson.
“We had three parties that came out as good as they couled have in abad situation,” said referring to his company, JPMorgan and the subleasw tenants. and all employeess will be moved byMarch 24, said Tom Kelly, spokesmah for JPMorgan. Kelly was unsure how many employeese willbe moved. WaMu employed 4,200 peoplre in downtown Seattle but JPMorgan is cutting 3,400 of those jobs. Some of those employees will stay longerd with the company on itstransitiohn team.
Tuesday, May 15, 2012
Colorado Hispanic business leaders to lobby Bennet, others on union bill - Business First of Columbus:
ihituvofy.wordpress.com
The delegation includes members of the Hispani c Contractors ofColorado (HCC) and the Denvedr Hispanic Chamber of Commerce. The group will be in Washington on Tuesdagand Wednesday, joining small-business leaders from othedr states. The Colorado business leaderes want totell Bennet, D-Colo., and other lawmakers “why this bill would realluy hurt them as they try to emerge from a tough said HCC spokesman Sean Duffy said the group arranged to meet with Bennet because he has not yet declared how he will vote on the labo bill.
“In these very difficult economicc times, companies are struggling to retain the jobs they Helga Grunerud, HCC executive director, said in a “We want to send a messagew that we want to help jump starg economic recovery but [the labofr bill] would make that challengr far, far greater.” The Employede Free Choice Act, also known as the “car d check” bill, would allow workers to organize a union without a secret election, as now Instead, a local could be launched at a workplacw if at least half its workersz sign an authorization card. Unions say the bill is needed to protecft worker rights inthe recession.
But in a statement, HCC said that enactment of thelaw “woulr unfairly tip the delicate business-labor climate in Colorado sharply away from and would result in further economi c damage and job loss.” As part of a larged nationwide contingent organized by the , the Colorado grou p will meet with Sen. John Thune, R-S.D., and other legislatoras “to be determined,” Duffy The business leaders also want to discusaother issues, including health care reform and the allocatiob of federal stimulus funds.
The delegation includes members of the Hispani c Contractors ofColorado (HCC) and the Denvedr Hispanic Chamber of Commerce. The group will be in Washington on Tuesdagand Wednesday, joining small-business leaders from othedr states. The Colorado business leaderes want totell Bennet, D-Colo., and other lawmakers “why this bill would realluy hurt them as they try to emerge from a tough said HCC spokesman Sean Duffy said the group arranged to meet with Bennet because he has not yet declared how he will vote on the labo bill.
“In these very difficult economicc times, companies are struggling to retain the jobs they Helga Grunerud, HCC executive director, said in a “We want to send a messagew that we want to help jump starg economic recovery but [the labofr bill] would make that challengr far, far greater.” The Employede Free Choice Act, also known as the “car d check” bill, would allow workers to organize a union without a secret election, as now Instead, a local could be launched at a workplacw if at least half its workersz sign an authorization card. Unions say the bill is needed to protecft worker rights inthe recession.
But in a statement, HCC said that enactment of thelaw “woulr unfairly tip the delicate business-labor climate in Colorado sharply away from and would result in further economi c damage and job loss.” As part of a larged nationwide contingent organized by the , the Colorado grou p will meet with Sen. John Thune, R-S.D., and other legislatoras “to be determined,” Duffy The business leaders also want to discusaother issues, including health care reform and the allocatiob of federal stimulus funds.
Monday, May 14, 2012
Morton's steakhouse closes in Minneapolis - Minneapolis / St. Paul Business Journal:
moakhamet84.blogspot.com
The Chicago-based restaurant chaij cited the economy as its primary reason for closin g its onlyMinnesota location. “The Morton’ws restaurant team in Minneapolis has been working diligentlt to improveoperating results, but this restauran t has not been able to reach the base financial targets needed to support continued operation,” said Gary Young, a Minneapolis-base d public relations consultant for The restaurants leased space at 555 Nicollet Mall in Morton's opened in this market in December 1991. Some of its famousd guests have included PresidentGeorge H.W.
Bush and Mitt Romneh who visited duringlast year's Republican National many current and formerf professional athletes including Harmon and musicians Josh Groban, Wynonna Judd, and members of the bandsw White Stripes and Gnarls according to a Morton's company Morton’s owns and operates 78 steakhousese worldwide. The restaurant's 7,800-square-foot space is now available for lease, said Davie Sternberg, who heads the Minneapolis officre of landlordBrookfield Properties.
Toronto-based Brookfield was notifie that the restaurant would be closinglast week, only shortly aftert employees were told the news, Sternberg "We will be getting possession back to the space and we will be enthusiastically, and aggressivel y marketing it," Sternberg said. Morton's had several years left on its leas and it is negotiating terms of a lease settlement with he said. The space is on the concourse or lower level of Gaviidae Common nearNeiman Marcus.
It is likel to attract another restaurant operatoe due to the ease of parking in the attacheed ramp andthe spaces' proximity to downtown hotels, he
The Chicago-based restaurant chaij cited the economy as its primary reason for closin g its onlyMinnesota location. “The Morton’ws restaurant team in Minneapolis has been working diligentlt to improveoperating results, but this restauran t has not been able to reach the base financial targets needed to support continued operation,” said Gary Young, a Minneapolis-base d public relations consultant for The restaurants leased space at 555 Nicollet Mall in Morton's opened in this market in December 1991. Some of its famousd guests have included PresidentGeorge H.W.
Bush and Mitt Romneh who visited duringlast year's Republican National many current and formerf professional athletes including Harmon and musicians Josh Groban, Wynonna Judd, and members of the bandsw White Stripes and Gnarls according to a Morton's company Morton’s owns and operates 78 steakhousese worldwide. The restaurant's 7,800-square-foot space is now available for lease, said Davie Sternberg, who heads the Minneapolis officre of landlordBrookfield Properties.
Toronto-based Brookfield was notifie that the restaurant would be closinglast week, only shortly aftert employees were told the news, Sternberg "We will be getting possession back to the space and we will be enthusiastically, and aggressivel y marketing it," Sternberg said. Morton's had several years left on its leas and it is negotiating terms of a lease settlement with he said. The space is on the concourse or lower level of Gaviidae Common nearNeiman Marcus.
It is likel to attract another restaurant operatoe due to the ease of parking in the attacheed ramp andthe spaces' proximity to downtown hotels, he
Subscribe to:
Posts (Atom)