Wednesday, August 31, 2011

San Jose mayor feels Giants' 'love,' but wants A's stadium - Silicon Valley / San Jose Business Journal:

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Reed's comments came after seeing reports on commentxs made by Giants CEO Bill Neukom at the Los Altose Rotary Clubon Thursday. who recently became the Giants’ CEO, reportedlyu told the Rotary Club that the Giantse will zealously hold onto territorial rightz to Santa Clara County granted to the team by Majore League Baseballin 1994. He said support from fans in affluent and populous Santa Clara County is needed to help his team pay off its sizeable debt on the constructio of its homeat AT&T Park, which openesd on the San Franciscol waterfront in 2000.
Neukom said the A’s should pursue options to replacethe team’s home at 43-year-old Oakland-Alameda Countyu Coliseum somewhere in the East Bay. Wolf previously proposed plans to build a ballparok on several different sites in but dropped them after opposition surfacee from major anchor tenants at Pacific Commonsz shopping center and later from an organized groulp of residents inthe city’s affluent Missionh San Jose district. Staci Slaughter, the senior vice president of communications, has previously told the Businessd Journal her team considers the coastal area from Marinm County on the north to Monterey County on the southits territory.
She said the Giant would not give up SantaClara County, the Bay Area’x most populous county with more than 2 million without resistance. Mayor Reed said a committee appointede byBud Selig, commissioner of Major Leaguew Baseball, to examine the territorial issuse should be allowed to completee its review of the situation and renderd a recommendation on whether the league wouldx support an A’s move to San “It’s great the Giants realizee the importance of San Jose and Santaz Clara County in this market, because of its largse population, high average household income and presence of many Fortunde 500 companies,” Reed said.
“But the territoriall issue is up to Major League Baseball and I can onlyassumwe (the committee) will do what is in the interest of Majof League Baseball. I hope we can still work out a dealwith (A'ws co-owner) Lew Wolff to bring the Athletics to San

Monday, August 29, 2011

UIW

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Some 17 months later, Santiago’s Cardinal s are only weeks away from joininvg other collegiate teams around the countryy who are preparing for the2009 season. And he, as well as otherd UIW officials, are convinced that this is a landmarkj moment in time for the universityy and for the city to chase after opportunitiesd thattranscend sports. College football is big busineswin Texas. But it’s been roughlu three decades since San Antonio last suitedx up a collegiate scholarshipfootball team.
Santiago has recruitee a signing class for the privateCatholic university’ s inaugural football roster that is roughly 40 The total number of players who continue to work out at presx time, according to UIW Sports Information Director Waynre Witt, numbers closer to 70. UIW President Lou Agnese’w vision for the institution has long been to try and fill the footbal l void inSan Antonio. “This has been a dreajm of mine for along time,” says Agnese abouft the addition of a scholarship football program at UIW. In Apri l of last year, Agnese announced that UIW was indeedx launching football at the DivisionII level. A few weeks later, he hired Santiagi to head that program.
Santiago says the university did not rush carelesslyyinto football, but rather did its homework. “The university did a great job of preparingfor this,” Santiagoo explains. “They had the fundw together and they were very aware of what theywere That’s not always the case at other Santiago says. “Sometimes you get in there and you get the sticker shock. But these guys the (UIW) administration, they haven’t blinked,” he adds. The Cardinala have yet to play a down and alread the expectationsfor off-the-field success are mounting.
Santiago says the universith will begin selling season tickets in UIW officials say there were some initiall talks about the team playingg some of its games inthe 65,000-seat Alamodome. But the Cardinalas will instead play their home gamesx atBenson Stadium, located on campus near Hildebrandc Avenue and U.S. Highway 281. The new facilityu was constructed in large part with funds provided by San Antoniio businessman and owner Tom It was initially designed to accommodateroughly 3,000 fans and cost roughlyy $7 million. But Santiago says early interest in footbalpl has already prompted discussions about significantlyt increasing seating capacity sooner ratherthan later.
Why investr in a new stadiumj rather than play at an existing oneelsewhere ? “I think it was really important that we started on says Santiago about the decision to constructr Benson Stadium. Benson is convinced that the additionj of a Division II football program at UIW will greatly benefit the university and theAlamo “I really believe that,” Bensojn says. Former San Antonio City ManagerLou Fox, now a specialk assistant to the UIW president’s agrees.

Saturday, August 27, 2011

Ritz-Carlton Denver names new GM - Business First of Columbus:

oc697vot.blogspot.com
Andrew Rogers comes to the 1881Curtis St. hotel from the Ritz-Carltonb Kapalua in Hawaii, where he oversaw the resort’ss $170 million re-launch. Before Rogers served as resort manager forthe Ritz-Carltohn Club in St. Thomas, U.S. Virgin Islands, and directorf of golf operations forthe Ritz-Carlton in Rose Hall, Before beginning his employment for in Rogers worked in ’e golf division at three separate He holds a bachelor of sciencwe in marketing from Ferris State University and has a wife and two “My family and I are excite d to be in a city as wonderful as Denvefr and I look forward to becoming part of the Rogers said in a news release.
The Ritz-Carlton Denver property includes 202 guest roomw spread over14 floors, a spa and Elway’sx Downtown restaurant.

Thursday, August 25, 2011

Out-of-pocket costs rising for health insurance - Tampa Bay Business Journal:

martaemimbzini.blogspot.com
The study, authored by researchers from the National Opiniom Research Center and Watson Wyatt Worldwid e and funded by The Commonwealth examines trendsin employer-sponsored insurance from 2004 to 2007. It foune rising rates of underinsuranceand unaffordability, particularly for poorer and sicker people. In 2007, adultxs with employer coverage faced an averagseof $729 annually in out-of-pockeg costs for medical including deductibles and other forms of cost sharingf such as copayments and coinsurance. That represents a 34 percent increasefrom 2004, when the average out-of-pocket burden was $545.
Health plansx covered a slightly smaller percentagse of overall expenses in 2007 than but growth in overall health spending was the chiefg culprit behindrising out-of-pocket costs, accordingv to the study. “Thse years from 2004 throughj 2007 were a period ofeconomic expansion, yet risinv health care costs still eroded the valuw of employer-sponsored coverage,” said lead authorr Jon Gabel. “Historically, employees have been asked to shouldefr even more ofthe cost-sharing burden durinbg difficult economic times such as the Unitec States is now experiencing.
it is imperative that health care reform include constraintws onhealth spending, or else health insurance will becom e unaffordable for low- and middle-income Americans, and refor m itself will be unsustainable.”

Tuesday, August 23, 2011

Former Ohio State QB Terrelle Pryor is NFL-bound after signing with Raiders - New York Daily News (blog)

http://manitu.com/html/projects.html


New York Daily News


Former Ohio State QB Terrelle Pryor is NFL-bound after signing with Raiders

New York Daily News (blog)


The disgraced Ohio State quarterback was chosen by the Oakland Raiders in the third round of the NFL's supplemental draft on Monday. The Raiders picked Pryor with the 18th selection in the third round, and will now forfeit their ...


Former Ohio State quarterback Terrelle Pryor is NFL bound

Sportsrageous


Raiders, Pryor made for each other

Toronto Sun



 »

Saturday, August 20, 2011

Cousins Chairman Tom Bell retiring - St. Louis Business Journal:

borislavamcoc.blogspot.com
Gellerstedt will remain president, the Atlanta-based real estated investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairmanj inDecember 2006. Under his watch, the company sold nearly $3 billion in assets during the market’s peak for special dividendx totaling $12.62 a share. “There is never a perfect time to leave a compan y as respected and admireeas Cousins, but I’m confident that after seveh and a half years as chief executive, the company is readu for new leadership and renewex energy,” Bell said in a statement.
“My decision to step asidee now allows our extremely talentexd management team under the guidancs of Larry to make important decisionsx that will prepare Cousins for the next phasde of the real estate Bell remains deeply involvedin Atlanta’s civic life. He has been instrumentalo in the effort to save fromfinancialk ruin. The movement began over dinner in earlgy 2007 when the table conversationof A.D. Correll, former CEO of , and Bell turne d to Grady. Through their leadership and donation sfrom , ’s $5 million, and . "Iu thought he had big shoes to fill when hetook over, sincw he was replacing Tom Cousins," said Hal founder of Barry Real Estate Cos.
"Sincwe then, he's done an absolutely fantasticf job forthat company. And what he'es done for the city and metro Atlanta have just been overthe top. I hope he doesn'r give up some of his efforts that have meantr so much to the Atlanta I just admire the heck outof Gellerstedt, 53, came to Cousins (NYSE: CUZ) when the REIT boughty his firm, , in June 2005. Gellersted t served as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beers to , he was electef chairman and CEOof , a packaginy and printed office products company. In Gellerstedt became president and chief operating officerof , an urba mixed-use development company.
He went on to found The Gellerstedt Groupin 2003. In other company Cousins’ board of directore named S. Taylor Glovet non-executive chairman of the Glover joined the Cousins board inFebruary 2005. He is currently the presidenty and chief executive officerof

Thursday, August 18, 2011

Opus North pulling up stakes in Columbus until market rebounds - Triangle Business Journal:

aleksanovlsys.blogspot.com
will close its Columbus development officeJune 15, nearly 16 year s after it arrived in Central Ohio to build a distributiohn center for in what was then a fledgling industrial market nortn of . Since then, Opus North has built two offic e buildings in the Polaris area and sevenb warehouses in Groveport and twoin Urbancrest. The Columbuas office also has developed two industriaol complexesin Cincinnati. The decision to pull out comez amid a glut of bulk warehouse space arounxd Rickenbacker and limited accessx to financing for office and industrialk projects that have no tenants committe d beforeconstruction begins.
Opus North CEO Daniel Queena n said the Columbus area offered no immediate real estater opportunities forthe company, a regional affiliate of Minneapolis-based Opus Corp. “Opus Nortyh is just unwilling to commit to the developmentf business in that marketgoinhg forward,” he said. The news of Opus North’s departure comexs after the Chapter 11 bankruptcy reorganization filin g April 22by , an Opus affiliate in The Minneapolis-St.
Paul Business Journal, a sisteer publication of ColumbusBusiness First, also reported in Phoenicx was considering filing for a Chapter 11 But Queenan said Opus North isn’ facing the same financial issues as thosew affiliates, noting its offices in Chicago and Indianapolix have stayed busy despite the slumpl in Columbus. “We are an entity that’s still doing fine,” he Opus North’s decision to forgo developmenr in Columbus means it will part ways with managerxs Andy Weeks andJoe Williams, who put together developmenty deals in Ohio. Queenan said both have opte to stay in Columbus rather than to take positionse elsewhere withOpus North.
Weekz and Williams declined to comment. “Clearly, they are entrepreneurial and wantefd to developmore properties,” Queenan “I wasn’t going to be able to meet their appetitw for development with the purchase of more Vacancy rates tell part of the storyy behind Opus North’s decision. Statistics from markegt researcher show the Rickenbacker market alone has nearlty 13 million square feet of empty space amony properties of atleasft 100,000 square feet. That represents a vacancgy rate of 22 percent inthe 60.5 millio square feet of bulk industrial spaces in that market.
Included in that tallyy is 496,000 square feet Opus North has availablwe in a speculative building it completeddin 2007. Michael Linder, an industrial leasinh specialist withGrubb & Ellis | Adena Commercial, said Opus North’ s departure was indicative of the industrial market’es poor health. Rumors of its pullout had been circulatinghfor weeks. “It’s a he said. “It’s a sign of the unfortunately.” Linder said many of the region’sa developers have reduced construction staffs in lighrt of slack demand forcommercial space. “How can you keep feedin the machine whenyou don’t have any work?” he said.
Opus North’s departurr will further delay a proposed office building in the Polariws Centers of Commerce that the company revealed last summeer as part of a jointf venture with Polarisdevelopere “It’s on hold indefinitely just because of their decision to pull out of the market,” said Fran z Geiger, NP’s managing director. “We’ll continue to pursuwe development on our own or withanother partner.” The toug financing market and lack of sufficient preleasing also delayed the projecr near Westerville, he said. “I thinl it’s bad for Central Ohio developmentg to lose an office Geiger said. “But our land is not goinf anywhere.
It’s not going to eliminatee the possibility.”