LOUISVILLE Louisville will get a new four-diamond hotel along with a much-anticipated downtown grocery, retail shops and 200 apartments under a $261 million downtown development plan announced today by Mayor Greg Fischer and Governor Steve Beshear.

Omni Hotels & Resorts will build a 600-room convention hotel on the old Water Company Block at Third and Liberty streets that will be adjacent to 200 apartments constructed by The Cordish Companies, according to a news release from Omni. The project the fist Omni in Kentucky will also include an upscale grocery and retail space for other shops.

The development will be among the largest projects under construction in the region and will be a catalyst for the continued revitalization of downtown Louisville, Fischer said today. Construction is anticipated to begin in 2015 and the project will open no later than 2017. The project is a joint deal between Omni, Cordish, Metro Government and the State of Kentucky, which is providing support in the form of a rebate of taxes that will be generated by the project.

He and Beshear were joined by Cordish Director of Development Nick Benjamin and Mike Deitemeyer, president of Omni Hotels & Resorts, in making the announcement.

This project is a major infusion in our downtown and to the citys entire economy, Fischer said. It will create jobs, both temporary construction positions and permanent jobs, and it will boost our convention and tourism industry as Omni provides a new level of luxury hotel.

Fischer said that he is particularly pleased that downtown will, at long last, get an upscale grocery.

Citizens and visitors have told us for years that a grocery was the biggest missing component to downtown, Fischer said. Im pleased to say that a new grocery is on the way.

This investment will be a catalyst for more convention activity, while bringing more out of state visitors to Kentucky, said Gov. Beshear. By leveraging the Kentucky International Convention Center and Louisvilles dynamic downtown, the plans for the project will bring added excitement and events to Louisville. Its these types of public/private partnerships that help make Kentucky the ideal place to conduct business and share ideas.

The Omni Louisville Hotel, in conjunction with the planned expansion of the Kentucky International Convention Center, will serve as a critical amenity in the retention and expansion of conventions to the state, Gov. Steve Beshear said.

The project will create 1,350 construction jobs and 350 permanent jobs. The specific components of the project are:

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Luxury hotel coming to downtown Louisville

City Hall anticipates reaching an agreement next week with the team redeveloping the building once known as the Main Street Mall to reduce the impacts of the construction on nearby businesses.

Park City officials, representatives from the contractor and a Main Street leader are scheduled to meet Wednesday afternoon to discuss possibilities at the site. The construction zone, the largest on Main Street, has come to symbolize an increasingly tense situation along the popular shopping, dining and entertainment strip. There have been widening complaints in recent weeks about a drop in sales on Main Street that businesses are pinning on a series of construction sites.

Businesses close to the onetime Main Street Mall site, particularly those uphill from the construction zone, are especially displeased. They say that sales in some cases have tanked as pedestrians have not ventured past the construction zone to the businesses beyond.

Chad Root, the chief building official at City Hall and one of the municipal government's negotiators, outlined three options for the site in an interview on Thursday.

They are:

Root in the interview cautioned the second and third options could slow progress, extending the work by up to a year beyond the expected completion date. The developer recently indicated the project could be completed in December. The second and third options involve shifting loading, unloading and material storage to the upper Park Avenue side of the site, Root said. Doing so could be politically risky, though, given the residential nature of upper Park Avenue. The people who live there would almost certainly object.

"There's no win on it, for sure. It's a no-win situation," Root said.

Root spoke to Mayor Jack Thomas and the Park City Council during a Thursday meeting, describing the ongoing talks between City Hall, the contractor and Main Street. He said the sides remain concerned. Root acknowledged that the contractor did not make significant adjustments over the past week while waiting for further direction from the elected officials. More skis were affixed to the Main Street-facing construction fence, though, he said.

Root told the elected officials the construction crews at the former Main Street Mall site could at some point request to be allowed to temporarily close part of Main Street to traffic to bring a crane to the location under the second and third options.

Thomas and the City Council took comments from a few people about the construction zone. Two speakers worried about activity being shifted to upper Park Avenue. Another speaker, The Eating Establishment owner Rick Anderson, said it is important that sidewalks remain open as he described a decline in sales. He worried that the work is setting a precedent along Main Street.

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As sales suffer, accord sought at Main Street construction zone

A planned $80 million project in Carmel would bring a retirement community, apartments and retail to a stretch of Main Street near U.S. 31.

Representatives of developer Edward Rose & Sons on Monday introduced their designs to the Carmel City Council, whose approval is needed to clear zoning hurdles.

The plans call for 422 luxury apartments; a retirement community with a mix of independent living, assisted and memory care; and townhomes for sale and rent. There also will be retail space, surface and garage parking and an area for a future hotel.

Steve Hardin, an attorney for Edward Rose, told the council that the developer aims to start construction on the infrastructure in the first quarter of 2015, with the buildings to follow later in the year.

The apartments will be built in three phases over three years, he said, while the retirement community is expected to be finished by the end of 2016.

Based in Michigan, Edward Rose has a regional office in Indianapolis. The company specializes in real estate development as well as property management, and would serve as the eventual landlord for the apartments and retirement community.

If plans are approved, the intersection of Main and Old Meridian streets will be decidedly different by 2015. Developer Keystone Realty is seeking approval to build Sophia Pointe, a five-story mixed-use development with as many as 200 apartments across from The District.

On the southwest side of the development, Grand Boulevard will be extended to Main from its existing roundabout with Old Meridian.

The two developments would be situated not far from U.S. 31, a largely commercial corridor thats been designated for high-density office use. But the immediate area has a mix of uses, including apartments, retail and schools.

Its a great fit for the Old Meridian District, said Councilwoman Sue Finkam. This project offers a lot of amenities that residents of that area would like to have.

Original post:
Carmel considers $80 million development

It expects the increase in retail space through new stores and renovation will help drive its sales up to Bt8 billion in six years from Bt2.97 billion last year.

About Bt2.7 billion will be spent to renovate Fashion Island, Terminal 21 and The Promenade over three years.

At least three new stores will be launched in Nakhon Ratchasima, Khon Kaen and Nakhon Si Thammarat, while major tourism destinations such as Chiang Mai, Pattaya and Phuket are being evaluated as prospective future locations, Prasert Sriuranpong, executive |director of the retail development arm of Land and Houses, the country's leading housing developer, said yesterday.

The company is investing long term to cash in on the trend towards economic prosperity of the country, especially with the rapid urbanisation in the provinces and the coming to fruition of the Asean Economic Community next year.

''Even though the country has suffered from the prolonged political tensions, the economy still shows strong fundamentals with continuous growth in the future. This is optimistic for our investment,'' he said.

The stores in the two northeastern provinces of Nakhon Ratchasima, known as Korat, and Khon Kaen will require Bt5 billion each. Korat will be operating first in early 2016 on a 52-rai site, followed by Khon Kaen later in the year on 55 rai. Both will have retail space of 70,000 square metres and will be named Terminal 21, after the company's successful retail centre in Bangkok.

The Nakhon Sri Thammarat property will be located on 41 rai. The firm has prepared Bt3 billion for construction, but details on its concept and name are pending deeper study of local lifestyles. The province shows clear potential with a growing rubber industry.

Korat is the gateway to the Northeast and Khon Kaen the capital of upper Isaan.

They boast a combined population of 4.6 million people with greater spending power. Infrastructure will also be improved, especially in Korat, which will be reached by two-rail trains and bullet trains. Korat will grow exponentially in the future, similar to Bangkok.

Recently, Central Group revealed plans for a CentralPlaza as the biggest store in Korat. Construction of the shopping complex occupying 52 rai outside the city centre will cost Bt7 billion with completion scheduled in early 2016. Currently, The Mall is the big player in Korat.

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Siam Retail keeps faith in Thailand with Bt20 bn stake over 6 years

Published: Wednesday, February 26, 2014 at 10:23 p.m. Last Modified: Wednesday, February 26, 2014 at 10:23 p.m.

New construction work on Cypress Gardens Boulevard across the street from Legoland Florida is for a 5,125-square-foot retail building expected to be built by June. The project is being developed by Winter Haven-based Swain Development. Company owner Brian Swain would not say what tenants will take up in the retail space. He is expecting one tenant to use about 2,000 square feet and a second to use about 3,000. The outparcel has been planned as part of Winter Haven Square since it was first built 20 years ago, but the success of Legoland has helped create the demand for its development, Swain said.

New construction work on Cypress Gardens Boulevard across the street from Legoland Florida is for a 5,125-square-foot retail building expected to be built by June. The project is being developed by Winter Haven-based Swain Development. Company owner Brian Swain would not say what tenants will take up in the retail space. He is expecting one tenant to use about 2,000 square feet and a second to use about 3,000. The outparcel has been planned as part of Winter Haven Square since it was first built 20 years ago, but the success of Legoland has helped create the demand for its development, Swain said.

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The Insider: More Retail Space on Cypress Gardens ...

Nakheel has announced that it has taken 160 bookings for space at its upcoming retail projects in Dubai.

The Dubai developer said it had seen keen interest from restaurants and retailers for space at Nakheel's new malls and community centres.

More than 70 percent of space at Nakheel's 10,000 square metre community centre at Al Furjan - launched for lease less than two weeks ago - is already taken, while 55 percent of Nakheel 's International City neighbourhood mall is booked.

The company also said that 120 retailers have staked their claim on Nakheel Mall - a new, 418,000 sq m retail, dining and entertainment complex on Palm Jumeirah - accounting for 40 percent of available retail space.

A Nakheel spokesman said: "Our upcoming projects - be they local community centres or world class malls - will boost Dubai's economy by creating jobs in the construction, retail, hospitality and the food and beverage sectors.

"In turn, this will support Dubai's tourism industry and contribute to the government's tourism vision for 2020."

Nakheel's growing retail portfolio also includes The Pointe at Palm Jumeirah, a 136,000 sq m waterfront shopping and dining complex, open for lease this week; a mall and night market at Deira Islands; Dragon Mart Mall and Ibn Battuta Mall, both of which are undergoing significant expansion; and neighbourhood centres in Jumeirah Park and Discovery Gardens.

* Nakheel no longer responds to media enquiries from Arabian Business, nor does it grant Arabian Business access to any of its media events or announcements.

Continued here:
Nakheel says 40% of new Palm mall project already booked

Chicago, IL (PRWEB) February 28, 2014

Construct-A-Lead, the Construction Industrys most efficient construction lead service, reported today that the following Florida construction projects will have the necessary approvals and will go forward. Businesses will have ample opportunities to provide construction bids and other services relative to these projects. Those interested parties are encouraged to visit construct-a-lead.com and reference the Project ID listed below to obtain direct contact information for each construction lead:

Miami, FL - 86 Southwest Eighth Street - Plans call for the new construction of a 48-story tower with 420 units, 440 parking spaces and 4,500 square feet of ground-floor retail space. Construction start: September, 2014 $85,000,000 Project ID: 1322835

Gainesville, FL Gainesville ALF and Memory Care - Plans call for the new construction of a 180-bed, 97,748-square-foot skilled nursing facility. Construction start: Q1, Q2, 2015, estimated, $20,000,000. Project ID: 1323247

Orlando, FL - Marriott Grande Pines Golf Club Plans call for the 207 acre golf course redevelopment into a mixed-use project with 2,384 apartments, 100 timeshare units, 150 hotel rooms and 120,000 square feet of commercial space. Construction start: Late, 2014. $425,000,000 Project ID: 1318525

Amelia Island, FL Highland Dunes Plans call for the new construction of a mixed use development with 2,000 houses, 50,000 square feet of retail or commercial buildings and a 970-student elementary school. Construction start: Summer, 2014. $450,000,000 Project ID: 1318597

Key Biscayne, FL Walgreen's Key Biscayne Plans call for the new construction of a 15,000 - 20,000 SF Walgreen's and liquor store. Construction start: Spring - summer, 2014. $2,000,000 Project ID: 1323453

Palm Beach, FL Vista Business Park - Plans call for the construction of a new warehouse/distribution project with two class-A dock-high warehouse/distribution buildings, totaling about 100,000 square feet. Construction start: Spring, 2014. $5,000,000 Project ID: 1323478

Bonita Springs, FL Holiday Inn Express Hotel & Suites Bonita Springs - Plans call for renovations to the hotel. Construction start: June, 2014, estimated, $2,000,000. Project ID: 1323807

Orlando, FL Orlando Science School Plans call for new construction of a 2 story school. First story will be 14,567 square feet and the second story will be 15,550 square feet. Construction start: Q2, 2014. $10,000,000 Project ID: 1323674

Continued here:
Construct-A-Lead Reported Today That the Following Florida Construction Projects Will Have the Necessary Approvals and ...

With a company proposing a mix of apartments and retail space for the old village hall site in downtown Lisle, trustees are trying to decide what they want to see and whether they're willing to offer incentives to make it happen.

Lisle has approved a letter of intent with Naperville-based Marquette Companies for the sale and development of the village-owned property at Main Street and Burlington Avenue. The location has been vacant since the former village hall was razed in 2003.

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Marquette wants to acquire the site and an adjacent parking lot to construct two multistory buildings with commercial space on the first floor and apartments above.

Because Lisle still owns the land, it gets a say on what plans Marquette will submit to the village's planning and zoning commission.

Mayor Joe Broda said Marquette has made several revisions to the plans to address concerns raised by the board. As a result, he said there aren't any major sticking points.

"I think we are well on our way to moving this project forward," Broda said. "Overall, the consensus of the board is we like the new revision of the product they are presenting."

Marquette, for example, initially planned to have more than 10,000 square feet of commercial space at street level along both Main and Burlington. The company has agreed to increase that to about 15,000 square feet.

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Lisle trustees providing input on plans for downtown site

Published: Wednesday, February 26, 2014 at 10:23 p.m. Last Modified: Wednesday, February 26, 2014 at 10:23 p.m.

New construction work on Cypress Gardens Boulevard across the street from Legoland Florida is for a 5,125-square-foot retail building expected to be built by June. The project is being developed by Winter Haven-based Swain Development. Company owner Brian Swain would not say what tenants will take up in the retail space. He is expecting one tenant to use about 2,000 square feet and a second to use about 3,000. The outparcel has been planned as part of Winter Haven Square since it was first built 20 years ago, but the success of Legoland has helped create the demand for its development, Swain said.

New construction work on Cypress Gardens Boulevard across the street from Legoland Florida is for a 5,125-square-foot retail building expected to be built by June. The project is being developed by Winter Haven-based Swain Development. Company owner Brian Swain would not say what tenants will take up in the retail space. He is expecting one tenant to use about 2,000 square feet and a second to use about 3,000. The outparcel has been planned as part of Winter Haven Square since it was first built 20 years ago, but the success of Legoland has helped create the demand for its development, Swain said.

See the original post here:
The Insider: More Retail Space on Cypress Gardens Boulevard

Etobicoke Guardian

Etobicoke York Community Council met on Tuesday and considered the five following preliminary reports into proposed development projects in Etobicoke:

- A rezoning application for the lands at 5239, 5245 and 5249 Dundas St. W. and 3 Aukland Rd. in Ward 5 seeks to permit the construction of a 40-storey, mixed-use building at the intersection. The development would feature 5,433 square metres of retail space in a base building fronting the corner, and 378 apartment units in a 38-storey building tower above.

- Also in Ward 5, a rezoning application for the site of 1030 and 1040 Islington Ave. (at Norseman Street) proposes the construction of 176 townhouse units on the eastern portion of the lands and a 4,024 square metre industrial building with 25 units on the western portion.

- Further north on Islington Avenue in Ward 2, an application for the rezoning of a site just south of Rexdale Boulevard seeks to permit the construction of a 19-building commercial and office development. The proposal would include a total of 2,688 parking spaces to service potential patrons of the 50,098 square metres of retail space and 17,224 square metres of office space to be built at 2200 Islington Ave. Access to the site would be provided from two existing entries on Rexdale, plus an additional entry from Islington.

- A rezoning application for the lands at 2161-2165 Lake Shore Blvd. W. in Ward 6s Humber Bay Shores area, meanwhile, seeks to allow a mixed-use development consisting of two residential towers of 49 and 14 storeys, plus a four-storey commercial building. The residential component of the development would feature a total of 660 residential units, and the development would also include 2,523 square metres of commercial space and 1,445 square metres of retail space. A five-level underground parking facility would provide for 635 residential spaces and 103 visitor/commercial spaces. The proposed development would also create two new streets and a private lane.

- Also in Ward 6, a rezoning application for 251 Manitoba St. (at Legion Road) seeks to permit the construction of a 48-storey mixed-use building containing 548 apartment units and a total of 108 square metres of ground-floor retail space. The proposed development would have a four-level, 640-space underground parking garage.

West-end councillors gave each of the preliminary reports the go-ahead, meaning all five proposals will now proceed to the community consultation phase. City staff were instructed to work with the local councillors in each instance to schedule community meetings to discuss the applications and their proposed development plans with local residents and stakeholders.

Notice of consultation will be given to landowners and residents living within a certain proximity of the sites of each proposed redevelopment.

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Flurry of preliminary reports considered at Feb. 25 community council