aqokeduiso.blogspot.com
and Bozeman, Mont., the company announced Wednesday. The two territoriezs extend the company’s franchise networkm to about 95,000 more homeowners and many smalpl businesses. Founded in Solar Power (OTCBB: SOPW) workss with clients to obtain permits and manage the installation of solatr power systems in smalland medium-sized businesses. The companu also manufactures or procures all the parts and piecezs to make thesystems work. In addition, Solar Powert installs home solar systemsthrough Yes! Solaf Solutions. Yes! has a store in Roseville, threr franchises in the San FranciscoiBay Area, and a handful of franchisees in Cary, Helena, Mon., and Pueblo, Colo.
The latestt franchisees in Pueblo and Bozeman are set to beginj operationsin June. “We look forward to servinhg the home and business owners within our expanding reac h with our solar energy system solutions and a growingt number of solarproduct innovations,” said Jeff Pontius, executivd vice president for Yes! Solar in a news
Wednesday, 29 June 2011
Monday, 27 June 2011
The Inquirer codifies plagiarism in a memo - SemiAccurate (blog)
onesawava.wordpress.com
The Inquirer codifies plagiarism in a memo SemiAccurate (blog) To find a purportedly serious journalistic organization not only codifying such a practice, but putting it in writing and enforcing it is stunning. That they do it for financial reasons, and state that in writing, is flat out astounding. ... |
Friday, 24 June 2011
Colorado Hispanic business leaders to lobby Bennet, others on union bill - San Antonio Business Journal:
aplecheevlgupy.blogspot.com
The delegation includes members of the Hispanic Contractors ofColoradp (HCC) and the Denver Hispanic Chambere of Commerce. The group will be in Washingtom on Tuesdayand Wednesday, joining small-business leaders from otherf states. The Colorado business leadere want totell Bennet, D-Colo., and otherd lawmakers “why this bill would really hurt them as they try to emergwe from a tough economy,” said HCC spokesman Sean Duffy said the group arranged to meet with Bennet becausde he has not yet declared how he will vote on the labort bill.
“In these very difficulyt economic times, companies are struggling to retaij the jobsthey have,” Helga Grunerud, HCC executive said in a “We want to send a message that we want to help jump starg economic recovery but [the labor bill] would make that challenge far, far greater.” The Employee Free Choice Act, also knownh as the “card bill, would allow workersx to organize a union withoutr a secret election, as now required. Instead, a loca could be launched at a workplace if at leasgt half its workers sign anauthorizationn card. Unions say the bill is needed to protecr worker rights inthe recession.
But in a HCC said that enactment of thelaw “woulrd unfairly tip the delicate business-labor climate in Colorado sharply away from and would result in further economic damages and job loss.” As part of a large nationwide contingent organized by the , the Colorado grouo will meet with Sen. John Thune, and other legislators “to be determined,” Duffyt said. The business leaders also want to discussother issues, including health care reform and the allocation of federaol stimulus funds.
The delegation includes members of the Hispanic Contractors ofColoradp (HCC) and the Denver Hispanic Chambere of Commerce. The group will be in Washingtom on Tuesdayand Wednesday, joining small-business leaders from otherf states. The Colorado business leadere want totell Bennet, D-Colo., and otherd lawmakers “why this bill would really hurt them as they try to emergwe from a tough economy,” said HCC spokesman Sean Duffy said the group arranged to meet with Bennet becausde he has not yet declared how he will vote on the labort bill.
“In these very difficulyt economic times, companies are struggling to retaij the jobsthey have,” Helga Grunerud, HCC executive said in a “We want to send a message that we want to help jump starg economic recovery but [the labor bill] would make that challenge far, far greater.” The Employee Free Choice Act, also knownh as the “card bill, would allow workersx to organize a union withoutr a secret election, as now required. Instead, a loca could be launched at a workplace if at leasgt half its workers sign anauthorizationn card. Unions say the bill is needed to protecr worker rights inthe recession.
But in a HCC said that enactment of thelaw “woulrd unfairly tip the delicate business-labor climate in Colorado sharply away from and would result in further economic damages and job loss.” As part of a large nationwide contingent organized by the , the Colorado grouo will meet with Sen. John Thune, and other legislators “to be determined,” Duffyt said. The business leaders also want to discussother issues, including health care reform and the allocation of federaol stimulus funds.
Wednesday, 22 June 2011
Report: Employers cut 401(k) match - Jacksonville Business Journal:
elzeyfirekuut1795.blogspot.com
The survey of U.S. companies found that 29 percent have already or intendto modify, the matching contributionb feature in their 401(k) plans during the 2009 plan Two-thirds of those respondent s — or 20 percent of all respondentsx — say they will eliminate the match Sharon Whittle, Grant Thornton’s compensation and benefita leader for the Carolinas, says the surveyy reveals specific trends. Companies in the health care and nonprofit industries were less likelh to make changesthis year, she says. Largs employers and companies inthe technology, retail/trade and financial-services/bankinyg sectors were more likely to make changes.
“Companiese are expecting 2009 to continue to be a challenging year for businesws growth andfinancial stability,” Whittle says. “Thr impact on 401(k) plansa appears to be a greater considerationof lower, and more spending on matching contributions in order to address cash and profir constraints.” The survey was conducted in April, with 283 Grant Thornton clients
The survey of U.S. companies found that 29 percent have already or intendto modify, the matching contributionb feature in their 401(k) plans during the 2009 plan Two-thirds of those respondent s — or 20 percent of all respondentsx — say they will eliminate the match Sharon Whittle, Grant Thornton’s compensation and benefita leader for the Carolinas, says the surveyy reveals specific trends. Companies in the health care and nonprofit industries were less likelh to make changesthis year, she says. Largs employers and companies inthe technology, retail/trade and financial-services/bankinyg sectors were more likely to make changes.
“Companiese are expecting 2009 to continue to be a challenging year for businesws growth andfinancial stability,” Whittle says. “Thr impact on 401(k) plansa appears to be a greater considerationof lower, and more spending on matching contributions in order to address cash and profir constraints.” The survey was conducted in April, with 283 Grant Thornton clients
Monday, 20 June 2011
Investors abandon Huntington Bancshares - Business First of Columbus:
vidineevostegity.blogspot.com
The market value of the $55 billion-asse t bank has dropped in recent weeks to a fractioj of levels seen just a year ago and has fallehn below values of competitors with far fewer assetsand offices. With its shareds trading at about $2, Huntington’s market capitalization, or the value of all its outstanding was $717.5 million at the closr of trading Feb. 10. That meant investors value the bank lessthan Newark-based , whicj had a market cap of $728 million but palexd by comparison in assets with $7.1 It was also below the $11.1q billion-asset of Akron, which closed with a market value of $1.33 Huntington’s market cap a year ago, when its stock traded at $11.72, was $4.
3 Nearly all banks have seen their shares prices slide in the bear but analysts say huge price drops at some – especially lenders embroiled in the subprime mortgage mess – are a sign investorws view them as pariahws until details emerge on how they and the economh will recover from the “Confusion breeds contempt,” said Chrisx Henneforth, a principal with , a money management firm in “You have people saying, ‘I’m just goin g to wait for there to be furtherd clarity.
’ ” Henneforth said more investord are coming to expect that reapintg a return on certain bank securities anytime soon is essentially a lost cause because a key option in the government’ s plan for bailing out bankss could harm some investors by diluting the ownership stakwe of common shareholders. Banks woulsd issue preferred shares convertible into common stock in exchange for thegovernmenf money. The other option is to forsake a capitalk injection that could lead to furtherfinancialk instability, Henneforth said. Both combine to keep sharse prices down. “It’s sort of a no-win he said.
Buying banks’ troubledd assets or changing accounting rules affecting how those asseta are valued could help them without harming Henneforth said. The news isn’t all bad for said Jeff Davis, director of research at Chicag investment bank The Columbus bank is unlikelyto fail, and many recognizde the value of its businesws franchise, he said. But it’s hard to overlook the problemds Huntington has experienced and could face if the economyg continuesto deteriorate, Davis said. “Whatt the market is saying is that Huntington needemore capital,” he said. “And they are factoring in how muchdilutioh they’re going to incur if Huntington needs that.
” Bankws suspected of needing capital have been handicapped by investors, and in some caseds are winding up with market values below those of smallee competitors that haven’t seen their stocks punishee as severely. “Banks which requiree a second capital injectio are very unlikely to be companies that investors should own at least anytime soon,” Daviz wrote in a Feb. 10 researcb note. Huntington executives have repeatedlgy assured investorsthe bank’s capitall levels are sufficient.
Jay Huntington’s investor relations director, was unavailable for an interview for this but issued a statement onthe bank’s market value: “We and other banks have been in a highl y volatile stock price environment for With banks stocks moving up or down 10 to 30 percent daily, and more over very shorg periods of time, it is hard to conclude that the markeg cap on any given day truly reflects underlying valure of the company.” Huntington’s stock price of $1.976 on Feb. 10 was down 83 percent from a year That compares with a drop of 41 perceng for the Nasdaq index of bank stocks during thesame period. Marketg capitalization for all U.S.
stockx fell 38 percent in that time reported assetmanager “Unfortunately, with bank stock s the share price has an effectf on business that you don’t see with othed businesses because banking is a business of said Jim Sinegal, a stockl analyst for “When customers start seeingt a bank’s share price plummeting, they starr to think about taking their money someplacee else.” That was a problem for Cleveland-based as its shars price fell in mid-2008. But it’w less of a concern now becaus of several government measures meant to limit depositor fears while providing banks with liquidity needed to stay in Davis said.
The in October increasesd its insurance on depositsto $250,000 from $100,000. “It is much less of an issure than it wouldhave been, say, last summer, when Nationa City was having a quiet run on he said. Still, a low share price can motivatre depositors toact irrationally, Sinegalk said. “I had a call from one of our subscriberas who had money in National City that was unde the limit of whatwas insured,” he “But he was readinfg so much in the paper with all the bad news that he decided to move his money to another
The market value of the $55 billion-asse t bank has dropped in recent weeks to a fractioj of levels seen just a year ago and has fallehn below values of competitors with far fewer assetsand offices. With its shareds trading at about $2, Huntington’s market capitalization, or the value of all its outstanding was $717.5 million at the closr of trading Feb. 10. That meant investors value the bank lessthan Newark-based , whicj had a market cap of $728 million but palexd by comparison in assets with $7.1 It was also below the $11.1q billion-asset of Akron, which closed with a market value of $1.33 Huntington’s market cap a year ago, when its stock traded at $11.72, was $4.
3 Nearly all banks have seen their shares prices slide in the bear but analysts say huge price drops at some – especially lenders embroiled in the subprime mortgage mess – are a sign investorws view them as pariahws until details emerge on how they and the economh will recover from the “Confusion breeds contempt,” said Chrisx Henneforth, a principal with , a money management firm in “You have people saying, ‘I’m just goin g to wait for there to be furtherd clarity.
’ ” Henneforth said more investord are coming to expect that reapintg a return on certain bank securities anytime soon is essentially a lost cause because a key option in the government’ s plan for bailing out bankss could harm some investors by diluting the ownership stakwe of common shareholders. Banks woulsd issue preferred shares convertible into common stock in exchange for thegovernmenf money. The other option is to forsake a capitalk injection that could lead to furtherfinancialk instability, Henneforth said. Both combine to keep sharse prices down. “It’s sort of a no-win he said.
Buying banks’ troubledd assets or changing accounting rules affecting how those asseta are valued could help them without harming Henneforth said. The news isn’t all bad for said Jeff Davis, director of research at Chicag investment bank The Columbus bank is unlikelyto fail, and many recognizde the value of its businesws franchise, he said. But it’s hard to overlook the problemds Huntington has experienced and could face if the economyg continuesto deteriorate, Davis said. “Whatt the market is saying is that Huntington needemore capital,” he said. “And they are factoring in how muchdilutioh they’re going to incur if Huntington needs that.
” Bankws suspected of needing capital have been handicapped by investors, and in some caseds are winding up with market values below those of smallee competitors that haven’t seen their stocks punishee as severely. “Banks which requiree a second capital injectio are very unlikely to be companies that investors should own at least anytime soon,” Daviz wrote in a Feb. 10 researcb note. Huntington executives have repeatedlgy assured investorsthe bank’s capitall levels are sufficient.
Jay Huntington’s investor relations director, was unavailable for an interview for this but issued a statement onthe bank’s market value: “We and other banks have been in a highl y volatile stock price environment for With banks stocks moving up or down 10 to 30 percent daily, and more over very shorg periods of time, it is hard to conclude that the markeg cap on any given day truly reflects underlying valure of the company.” Huntington’s stock price of $1.976 on Feb. 10 was down 83 percent from a year That compares with a drop of 41 perceng for the Nasdaq index of bank stocks during thesame period. Marketg capitalization for all U.S.
stockx fell 38 percent in that time reported assetmanager “Unfortunately, with bank stock s the share price has an effectf on business that you don’t see with othed businesses because banking is a business of said Jim Sinegal, a stockl analyst for “When customers start seeingt a bank’s share price plummeting, they starr to think about taking their money someplacee else.” That was a problem for Cleveland-based as its shars price fell in mid-2008. But it’w less of a concern now becaus of several government measures meant to limit depositor fears while providing banks with liquidity needed to stay in Davis said.
The in October increasesd its insurance on depositsto $250,000 from $100,000. “It is much less of an issure than it wouldhave been, say, last summer, when Nationa City was having a quiet run on he said. Still, a low share price can motivatre depositors toact irrationally, Sinegalk said. “I had a call from one of our subscriberas who had money in National City that was unde the limit of whatwas insured,” he “But he was readinfg so much in the paper with all the bad news that he decided to move his money to another
Saturday, 18 June 2011
STATE v. ALEXANDER - Leagle.com
http://www.wateresources.org/2006/02/08/karachi-water-supply-in-some-areas-to-remain-suspended/
STATE v. ALEXANDER Leagle.com A plea colloquy was conducted on November 30, 2009, during which Alexander acknowledged that the State's understanding of his standard range was 22 to 29 months. He noted that his only challenge was that he was not on community custody at the time of ... |
Wednesday, 15 June 2011
Local Scene and Notices for Wednesday - The Times of Trenton - NJ.com
vezasid.wordpress.com
The Times of Trenton - NJ.com | Local Scene and Notices for Wednesday The Times of Trenton - NJ.com For Terhune, Jason Nalbone pitched, and Jeff Tamasi had a triple. Atlantic: Rider TKE (16-1) defeated Heavenly Ham, 9-1, to win the championship. Ameer Hasan, Will Kocsis, Pate Jessop and Jack Murphy drove in the runs. Pony Division: Creative Screen ... |
Monday, 13 June 2011
Hannah Storm sits down with Dirk Nowitzki after the NBA Finals - ESPN
axilecyqih.wordpress.com
USA Today | Hannah Storm sits down with Dirk Nowitzki after the NBA Finals ESPN MIAMI -- On the night he fin » |
Saturday, 11 June 2011
Coach hopes new faces continue same success - Monroe News Star
ogyhejowy.wordpress.com
Coach hopes new faces continue same success Monroe News Star Linebacker Denzell Devall is drawing big attention from recruiters nationwide, Rams coach Thomas Bachman said. "He's got half the SEC, half the Big XII, people all the way to Stanford," Bachman said. "Denzell's going to go where he wants. ... |
Wednesday, 8 June 2011
Three Kansas City-area federal buildings get stimulus money - Kansas City Business Journal:
iqukikofor.wordpress.com
A list obtained by the Washingtonj Business Journal indicates that the GSA is prepared tospend $5.5 billion nationally to convert existing buildings into environmentallyh friendly, or “green,” facilities or to finance energy-efficienchy improvements. The in downtown Kansas City is slated toreceivse $103.4 million from the American Recovery and Reinvestment Act. Charlid Cook, a spokesman for the , said the federal money woulx complete the final phase of the renovationss already under way on the building and will add environmentall friendly components tothe building. The Robert Dole U.S. Courthouse and the will receivew $4.7 million and $1.05 million, respectively.
Thoser two buildings will receive limited upgradew to improveenergy efficiency. The courthouse also will get a new The GSA’s list, dated March 31, has been submitted to Congress. Cook said it’w still unclear when the projects willbegim construction. The projects fall in tandem with the state purpose ofthe ARRA, which was to creatse jobs and start constructiob projects quickly. It was not cleatr how many jobs the three local projectscoul generate.
A list obtained by the Washingtonj Business Journal indicates that the GSA is prepared tospend $5.5 billion nationally to convert existing buildings into environmentallyh friendly, or “green,” facilities or to finance energy-efficienchy improvements. The in downtown Kansas City is slated toreceivse $103.4 million from the American Recovery and Reinvestment Act. Charlid Cook, a spokesman for the , said the federal money woulx complete the final phase of the renovationss already under way on the building and will add environmentall friendly components tothe building. The Robert Dole U.S. Courthouse and the will receivew $4.7 million and $1.05 million, respectively.
Thoser two buildings will receive limited upgradew to improveenergy efficiency. The courthouse also will get a new The GSA’s list, dated March 31, has been submitted to Congress. Cook said it’w still unclear when the projects willbegim construction. The projects fall in tandem with the state purpose ofthe ARRA, which was to creatse jobs and start constructiob projects quickly. It was not cleatr how many jobs the three local projectscoul generate.
Monday, 6 June 2011
Reformatting a business - San Francisco Business Times:
http://www.simplemethods.biz/index.php?option=com_content&view=article&id=333:myths-about-sugar&catid=7:articles&Itemid=9
a San Francisco post-production company, entrepreneurshipl has been a 20-year effort to stay abreasgt of changing technology and new markets in a businesws that is constantlyin flux. "Our story is the story of the evolutioh ofan industry," Salyer said. Salyer startecd Video Arts in 1976. At first, he did small production videotapinglegal depositions. Eventually Video Arts movedd into video training programs andcorporate videos. Along the way, Salye r took on two partners, Ed Rudolph and Steve Calou. In 1981, he movedd the company from Brisbane to China Basinn inSan Francisco.
In the new technology led Salyer into emerging markets that transformed Video Arts into a whollhdifferent business. The development of large-scalwe computer graphics systems fostered a new and lucrativwe business forvideo post-production boutiques specializing in animation and graphics. Betacam, a new broadcast tape format, arrivee on the scene. Salyer and his partners saw a promisingf market fora post-production company that used both the Betacaj format and computer graphics technology. They formed a limitede partnership andraised $100,000 from investors. Leveraged with lease the cash allowed them tobuy $225,000 worth of and in January 1986, Video Arts became a post-production company.
In its new Video Arts turned a profit withinnsix months. It developefd a thriving businessin graphics, animation and standared post-production services for corporate communications and By 1992, Salyer had paid off his investor and bought out their interest in the company. Technology agaij took a hand in the fate of Video Arts when the developmentf of desktop graphics touched off a sea change in the Post production was divided intothrese segments: a small low-end market for cost-drive projects; a large mid-range market, whers Video Arts operated; and a smalkl high-end market for projects that required powerfuol equipment.
As desktop graphics the low-end started eating into the At thesame time, high-end shops added so-called non-lineart editing technology, which can handle complex jobs quickly and easily. With a growing number of clients using sophisticatedspecial high-end providers with non-linear editing invaded the middle market. Videol Arts was getting squeezed. Salyer investe d in new equipment to keep the company at the top ofthe mid-rangee market. Moreover, he decided to focuss on creative services, where human talent is more important than Video Arts startedtargeting design-intensive, visuallgy complex projects. "It meant increasing our market share in Salyer said.
"We had to be more proactivee with thead agencies." In January Video Arts opened a second officew on Battery Street, in the heart of San Francisco's advertising Salyer used cash reserves, an SBA loan and leaswe financing to equip the 6,000-square-foot operation. The new strategy is payint off, but Video Arts is already grappling withanotherf technology-related challenge. In advertising, where budgets tend to be more ample than in other ad agencies and the editorialk companies that do a lot of advertisingv work are rapidly turningto non-linear technology. "It happened fasted than we thoughtit would," said Salyer. "The business is a movingb target.
" Salyer and his partners have hired a consultant to help them developa five-yeatr plan. Salyer calls the procesxs "company therapy." It's a way of life for a businessz rooted in an industry that isconstantlt changing, he said. "We're always tryinyg to figure out what todo
a San Francisco post-production company, entrepreneurshipl has been a 20-year effort to stay abreasgt of changing technology and new markets in a businesws that is constantlyin flux. "Our story is the story of the evolutioh ofan industry," Salyer said. Salyer startecd Video Arts in 1976. At first, he did small production videotapinglegal depositions. Eventually Video Arts movedd into video training programs andcorporate videos. Along the way, Salye r took on two partners, Ed Rudolph and Steve Calou. In 1981, he movedd the company from Brisbane to China Basinn inSan Francisco.
In the new technology led Salyer into emerging markets that transformed Video Arts into a whollhdifferent business. The development of large-scalwe computer graphics systems fostered a new and lucrativwe business forvideo post-production boutiques specializing in animation and graphics. Betacam, a new broadcast tape format, arrivee on the scene. Salyer and his partners saw a promisingf market fora post-production company that used both the Betacaj format and computer graphics technology. They formed a limitede partnership andraised $100,000 from investors. Leveraged with lease the cash allowed them tobuy $225,000 worth of and in January 1986, Video Arts became a post-production company.
In its new Video Arts turned a profit withinnsix months. It developefd a thriving businessin graphics, animation and standared post-production services for corporate communications and By 1992, Salyer had paid off his investor and bought out their interest in the company. Technology agaij took a hand in the fate of Video Arts when the developmentf of desktop graphics touched off a sea change in the Post production was divided intothrese segments: a small low-end market for cost-drive projects; a large mid-range market, whers Video Arts operated; and a smalkl high-end market for projects that required powerfuol equipment.
As desktop graphics the low-end started eating into the At thesame time, high-end shops added so-called non-lineart editing technology, which can handle complex jobs quickly and easily. With a growing number of clients using sophisticatedspecial high-end providers with non-linear editing invaded the middle market. Videol Arts was getting squeezed. Salyer investe d in new equipment to keep the company at the top ofthe mid-rangee market. Moreover, he decided to focuss on creative services, where human talent is more important than Video Arts startedtargeting design-intensive, visuallgy complex projects. "It meant increasing our market share in Salyer said.
"We had to be more proactivee with thead agencies." In January Video Arts opened a second officew on Battery Street, in the heart of San Francisco's advertising Salyer used cash reserves, an SBA loan and leaswe financing to equip the 6,000-square-foot operation. The new strategy is payint off, but Video Arts is already grappling withanotherf technology-related challenge. In advertising, where budgets tend to be more ample than in other ad agencies and the editorialk companies that do a lot of advertisingv work are rapidly turningto non-linear technology. "It happened fasted than we thoughtit would," said Salyer. "The business is a movingb target.
" Salyer and his partners have hired a consultant to help them developa five-yeatr plan. Salyer calls the procesxs "company therapy." It's a way of life for a businessz rooted in an industry that isconstantlt changing, he said. "We're always tryinyg to figure out what todo
Saturday, 4 June 2011
Ical Ajak Kader Muda Golkar Bangkitkan Nasionalisme - Republika Online
utyziluz.wordpress.com
Republika Online | Ical Ajak Kader Muda Golkar Bangkitkan Nasionalisme Republika Online REPUBLIKA.CO.ID, JAKARTA-- Ketua Umum Partai Golkar Aburizal Bakrie mengajak generasi muda melakukan revitalisasi nasionalisme untuk membangkitkan bangsa Indonesia sebagai bangsa yang kuat dan sejajar dengan bangsa-bangsa lain di dunia. ... |
Wednesday, 1 June 2011
$200M venture proposed for N.F., Ont. - Atlanta Business Chronicle:
tower-tennesseea.blogspot.com
In a plan that’ss been working its way through theCanadian city’d municipal departments since late last prominent hotelier and developer Tony Zappitell and his company, has unveilec plans for three high-rise hotels alon g Stanley Avenue. The tallest of the threw towers couldbe 57-stories, with a 42-storyh and 32-story hotel also in the mix. Condominiums or apartments may replacd some of thehotel rooms, depending on futurwe developments, Zappitelli said. Zappitellii pegged the total development costat “anywherr between $200 million and $300 million.
” The project will be privately The Niagara Falls Common Council agreed to permit the but several other municipal approvald are also needed before constructiomn can begin. Work could start by later this year orearl 2010. The 7.4-acre Stanley Avenu e site is part of the Loretto Christiahn Life Centre campus that Romzap acquired threeyeara ago. The portions of the historic, 148-year-olx religious center will remain as part of the agreemenyt Zappitelli crafted with Niagara Falls The Loretto property is just south of the proposeddevelopmentg site.
The site is near the Niagarz Falls Convention and CivicCentre that’sw under construction and due to open in Apri 2011 and less than one-half mile from the Hiltonh and Niagara Fallsview Casino Resort. The project will add severao hundred hotel rooms to Niagara stock of morethan 14,000 hotell rooms. Niagara Falls has the third most number of hoteo roomsin Canada, trailing only Toront and Vancouver.
In a plan that’ss been working its way through theCanadian city’d municipal departments since late last prominent hotelier and developer Tony Zappitell and his company, has unveilec plans for three high-rise hotels alon g Stanley Avenue. The tallest of the threw towers couldbe 57-stories, with a 42-storyh and 32-story hotel also in the mix. Condominiums or apartments may replacd some of thehotel rooms, depending on futurwe developments, Zappitelli said. Zappitellii pegged the total development costat “anywherr between $200 million and $300 million.
” The project will be privately The Niagara Falls Common Council agreed to permit the but several other municipal approvald are also needed before constructiomn can begin. Work could start by later this year orearl 2010. The 7.4-acre Stanley Avenu e site is part of the Loretto Christiahn Life Centre campus that Romzap acquired threeyeara ago. The portions of the historic, 148-year-olx religious center will remain as part of the agreemenyt Zappitelli crafted with Niagara Falls The Loretto property is just south of the proposeddevelopmentg site.
The site is near the Niagarz Falls Convention and CivicCentre that’sw under construction and due to open in Apri 2011 and less than one-half mile from the Hiltonh and Niagara Fallsview Casino Resort. The project will add severao hundred hotel rooms to Niagara stock of morethan 14,000 hotell rooms. Niagara Falls has the third most number of hoteo roomsin Canada, trailing only Toront and Vancouver.
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