Archive for October, 2006

Grandview Hotel demolished

PEORIA — Peoria residents said goodbye to a notorious part of its past.
Demolition of the Grandview Hotel started on Sunday.
Until around 4:00, machines were busy clawing the building down.
The hotel has an embattled past – it’s been the center of many lawsuits and criminal investigations.
The fact that most of it is now reduced to rubble [...]

Monday, October 30th, 2006 In Hotel Tags: , , ,

Katrina-damaged Grand Hotel reopening

POINT CLEAR, Ala. - The Grand Hotel in Point Clear returns in all its Southern glory when the doors open at 5:30 a.m. Wednesday.
All 405 guest rooms and seven restaurants and lounges will be finished and ready - after a $50 million renovation to repair damage from Hurricane Katrina in August 2005. The storm surge [...]

Monday, October 30th, 2006 In Hotel, Travel Tags: , , , , , , , , , , , , , , ,

Stonebrook unveils new ‘green’ condo

Clarkson Village’s latest chic eco-friendly offering was recently unveiled to a throng of eager home-buyers wanting to own one of 210 gleaming, glass units.
The sales office for United Lands’ 18-storey condominium building, Stonebrook, nestling amidst 4.5 acres of Sheridan Creek and its wooded ravine, was officially opened by Mayor Hazel McCallion, who was accompanied by [...]

Monday, October 30th, 2006 In Condo, Real Estate Tags: , , , , , , , , , ,

Kauai Lagoons Developers Launch Residential Plans for First Ritz-Carlton and Marriott-Managed Resort Community

Plans for developing resort real estate community, Kauai Lagoons, were announced yesterday, backed by the management and service excellence of The Ritz-Carlton and Marriott.
The proposed project is a multi-faceted resort featuring 520 acres of residential oceanfront property, a Jack Nicklaus Signature Golf Course, breathtaking coastline views, full-service spa, restaurant, and a 38-acre freshwater lagoon with [...]

Sunday, October 29th, 2006 In Hotel, Resort Tags: , , , , , , , , , , , , , , , ,

Hilton Kauai Beach Resort Opens as the Ideal Destination for Leisure and Adventure on Hawaii’s Island of Discovery

Located on 25 lushly landscaped acres of Kauai’s “Coconut Coast,” the Kauai Beach Hotel&Resort officially became the Hilton Kauai Beach Resort today after the completion of an $18 million renovation. The resort features 350 plush condominium hotel units, cascading waterfalls and dramatic rockscapes surrounding four swimming pools, an on-site spa, upscale dining options and [...]

Sunday, October 29th, 2006 In Hotel, Resort, Travel Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Canadian mining tycoon buys Adriatic coast property to build tourist resort

PODGORICA, Montenegro - Peter Munk, chairman of Toronto-based mining giant Barrick Gold Corp., bought an old ship repair yard on Montenegro’s Adriatic coast Saturday, which he will turn into a luxury resort.
Munk signed the agreement to buy the Arsenal repair facility with Montenegrin Prime Minister Milo Djukanovic, in the capital Podgorica.
The agreement presents the first [...]

Sunday, October 29th, 2006 In Resort Tags: , , , , , , , , , , ,

Principal Real Estate Investors Enters Hotel Debt/Equity Arena

Des Moines, Iowa | Principal Real Estate Investors, the real estate investment arm of Principal Global Investors, is launching a new hotel investment capability, further enhancing its already strong investment platform in the traditional sectors of retail, office, multifamily and industrial.
“This is a significant development for us,” said Pat Halter, CEO of Principal Real Estate [...]

Sunday, October 29th, 2006 In Real Estate Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Treasure Bay Expanding Casino: 251-Room Hotel to Reopen Next Year

Fountains of fire and water will greet motorists on U.S. 90 when Treasure Bay reopens its hotel and expands its casino early next year.
The property has come back in small steps, initially reopening in June with only 81 slot machines and then adding 147 in August. Another 103 slots, including the ever-popular Wheel-of-Fortune progressives, should [...]

Sunday, October 29th, 2006 In Hotel, Resort, Travel Tags: , , , ,

Dubai Investments Real Estate Company launches ‘Ritaj’ - its first residential project

Dubai Investments Real Estate Company (DIRC), the real estate arm of Dubai Investments PJSC, has announced the launch of its first residential project - ‘Ritaj’ - at Dubai Investments Park.
A unique residential development designed to epitomize the concept of affordable luxury, ‘Ritaj’ provides a range of more than 2,200 housing units, including studios, one, two [...]

Sunday, October 29th, 2006 In Real Estate, Resort Tags: , , , , , , ,

Condo-hotel in Baja planned by Trump

Developer Donald Trump and Los Angeles-based real estate investment company Irongate Development plan to build a $200 million (all figures U.S.) luxury resort in northern Baja, Mexico.
The partners plan to start construction by year-end on Trump Ocean Resort Baja, a hotel-condominium on Punta Bandera with 526 suites that may be offered for rent when they [...]

Sunday, October 29th, 2006 In Condo, Hotel, Real Estate Tags: , , , , , , , , , , , ,

Outcome of Lazy 8 resort-casino project takes priority in Sparks debate

Candidates running for Sparks City Council seats squared off Thursday in a televised debate that mostly focused on the fate of a proposed resort-casino.
Ward 3 Councilwoman Judy Moss and challenger Ron Smith; Ward 4 Councilman Mike Carrigan and challenger Jim deProsse; and mayoral candidate Gene Newhall and Sparks Mayor Geno Martini fielded questions on redevelopment, [...]

Sunday, October 29th, 2006 In Resort Tags: , , , , , , , , ,

Condo developer submits key paperwork

KINGSTON - A New Jersey developer has submitted to City Hall the first significant paperwork regarding its plan to construct a 12-story condominium building in Uptown Kingston.
City Planer Suzanne Cahill said on Friday that the Teicher Organization has given city officials what is known as a “draft scoping document.” detailing what the developer expects to [...]

Sunday, October 29th, 2006 In Condo, Real Estate Tags: , , , , , , , , , , , , , ,