RioCan Real Estate Investment Trust (RioCan), along with Embassy BOSA, has broken ground on the $500m Fifth and Third East Village project in Calgary.The 2.8-acre project site is located in the East Village area of downtown Calgary, Alberta. The mixed-use project, formerly known as CPA Lands, will include approximately 188,000 sq ft of retail space.Central to the project will be an 82,000 sq ft Loblaws City Market that will service the East Village, Bridgeland and Inglewood. Two residential towers will rise 20 floors above it, totalling 500 condos. Other tenants will include Shoppers Drug Mart and Olympia Liquor store.RioCan will own 100% of the retail portion of the site and has entered into a firm sale with the developer Embassy BOSA for the air rights above the commercial component of this development site.Embassy BOSA will be responsible developing the residential portion and will also fund their proportionate share of the infrastructure costs on a cost-to-complete basis. It had already paid the first instalment in the first quarter of 2016.Construction work on the project is anticipated to be completed in 2019.
ProMedica Toledo Hospital has broken ground on the new $300m project at Toledo, Ohio.The new building, known as Generations Tower, will replace the 86-year-old Legacy Tower on North Cove Boulevard. The 615,000 sq ft tower will house 320 patient rooms.The project design has integrated environmentally-friendly building principles, such as glass curtain walls to increase natural light, energy-conserving mechanical, electrical and plumping systems, and long-lasting terracotta masonry panels.Construction work is expected to continue through the autumn of 2017. Work will continue for two more years to install mechanical, electrical, and plumbing systems, build parking lots and provide finishing touches to the tower. The tower is expected open to patients by the end of 2019, and will create more than 1,000 construction jobs in the region.
Tyson Foods has sought approval from the Finance Committee of the Carroll County Quorum Court to build a new $136m processing facility near its existing poultry plant in Green Forest, Arkansas.The project is subject to sanction of certain tax abatements from the Carroll County Quorum Court, and sales and use tax credits from the Arkansas Economic Development Commission (AEDC).The Green Forest plant produces a variety of partially cooked chicken products for food service and retail customers. The new processing facility will increase capacity, and improve efficiency by reducing transportation of products to other locations for further processing.The 200,000 sq ft facility will be built across the street from the existing plant, with the two facilities connected by a corridor. Improvements will include new equipment and production lines, as well as processes and technology that will benefit food safety, quality and workplace safety.Construction is slated to start as early as summer of 2016 and the project should be completed in late 2017. When fully operational, the new processing plant will create about 85 jobs.Tyson Foods president of poultry Noel White said: "This project would allow us to better serve our foodservice customers through improved product mix and greater efficiencies."This is the first new plant construction project Tyson Foods has proposed to build in a number of years and we're hopeful we can partner with Carroll County and the AEDC to invest in our home state."
The CHA Hollywood Presbyterian Medical Center in Los Angeles, California has revealed details of the first phase of a $200m multi-year expansion plan.Phase I will be anchored by a new emergency department (ED), as the hospital has decided to build a completely new ED rather than renovating the existing one.The new ED will include an expansion from the current 20 beds to 26 and a more than doubling in size of the department's physical space to 26,000 sq ft, which is 11,000 sq ft at present.Phase I will also include a new 650-spot parking structure for patients, employees and visitors and a comprehensive beautification of the hospital campus. The kitchen and dietary department, which serves patients, visitors and employees, will be relocated and rebuilt as well.The ground-breaking ceremony is scheduled to take place in November 2016 and Phase I is expected to be completed by November 2017. Work on the new emergency department is slated to commence immediately with a projected completion date of autumn 2019. CHA Hollywood Presbyterian Medical Center CEO Jerry Clute said: "The upgraded facilities will provide the environment and easy access to care that the community deserves while furnishing our medical staff and other clinicians with the tools they need to deliver top-notch medical care."
Faraday Future, a US-based electric car maker, has broken ground on $1bn manufacturing plant in Nevada.The company said that it will build its flagship production vehicle at the new facility located 25 miles north of the Las Vegas Strip.The environmentally-friendly plant will be powered by solar, wind, and geo-thermal energy. Construction work on the project will commence in less than a month’s time. The project is expected to create 4,500 jobs in the region.Faraday Future global vice president of manufacturing Dag Reckhorn said: “This first plant will be a truly modern workspace, offering a clean, open air environment, ergonomic arrangements, and an encouraged interactivity between employees and visitors. This will make for a brand new, cutting-edge west coast hub for the EV industry.”
Skanska has won a contract from Westchester Medical Center to construct a new ambulatory care pavilion on the existing hospital campus in New York.The contract is valued at about SEK1.2bn ($140m). It will be included in order bookings for Skanska USA Building in the first quarter of 2016.Under the contract, Skanska will construct a 26,000 sq m, eight-storey pavilion. It will feature a new ambulatory operating room suite, an imaging centre, a lobby, physician office space, entry canopy for patient drop-off, and new roof-top mechanical, electrical and plumbing units.Skanska is also responsible for the construction of the interior spaces and the expansion of the existing parking lot.Construction work on the project is scheduled to start in June 2016 and is expected to be completed in September 2018.
Alabama Senate has passed Governor Robert Bentley's $800m bill to construct four prisons in the state.At present, Alabama prisons have about 24,000 inmates in facilities originally designed for about 13,000. The bill calls for closing 13 of the 15 men's prisons and Julia Tutwiler Prison for Women. The state would build three new men's prisons accommodating 4,000 inmates each, and a new one for women with 1,200 beds. Replacing the old prisons will add about 3,000 beds.The state will borrow the money for construction.Governor Robert Bentley said: "I commend the Senate for taking a bold and decisive step toward prioritizing public safety in our prison system with the construction of four new prisons."The passage of this bill will help reduce overcrowding and will provide safer conditions for corrections officers as well as inmates within the facilities."New facilities will also create greater opportunities to reduce the risk of recidivism."
The Mashpee Wampanoag Tribe is set to break ground on First Light Resort & Casino in Taunton, Massachusetts, with an estimated cost of $1bn.The project will cover around 151 acres within an industrial park at 61R Stevens Street.The 150,000 sq ft casino will feature 3,000 slot machines, 150 gaming tables and 40 poker tables; food court, international buffet, two fine dining restaurants, center bar with lounge and stage, and a 24-hour café; 10 retail stores; 300-room luxury hotel with spa, large pool, roof terrace, and six event/meeting spaces; 300-room mid-range hotel with its own 200-seat 24-hour restaurant and 15,000 sq ft event centre; 300-room family 'water park' hotel with a 25,000 sq ft indoor/outdoor water park and an additional 500 surface parking spaces and 3,980 parking spaces in a parking garage.Construction will take place in four phases. The first phase of construction is slated to be completed by summer of 2017. The hotels, parking garage and water park will be built out through 2022.Mashpee Wampanoag Tribe's destination resort casino will create 1,000 union construction jobs during the building phases. The project will eventually bring over 2,500 permanent jobs to Taunton. Additionally, the resort casino will provide an estimated $120m in economic benefits to Taunton through payroll and opportunity for local business.The First Light Resort & Casino project is being backed by Malaysia-based casino operator Genting Group.
Ford Motor Company is investing $1.6bn in a new plant in Mexico's San Luis Potosi State in a bid to increase production of small cars.
Mayo Clinic is set to invest $100m in major construction projects at its Florida campus in 2016.Mayo Clinic will start constructing a destination medical building in mid-2016. The facility will provide integrated services needed for complex cancer, as well as neurologic and neurosurgical care.Initially, the building will have four floors, covering an area of 150,000 sq ft, with the potential for 11 more levels. Two floors will be devoted exclusively to haematology and oncology care, one floor for neurology and neurosurgery, a chemotherapy area, and spaces for training residents and fellows.Once opened, the building is expected to serve more than 126,000 patients in the first year alone. The staff strength of the haematology and oncology department will increase by 50%. The project will also enable the hiring of 12 new neurologists and neurosurgeons.Mayo Clinic has said that another construction project slated to commence this year on its Florida campus is a positron emission tomography (PET) radiochemistry facility.
Metal Container Corporation (MCC), a subsidiary of Anheuser-Busch, has started construction on a $175m aluminium bottle line at its facility in Jacksonville, Florida.The new move is part of the company’s strategy to improve production of the Budweiser and Bud Light aluminium bottles.Anheuser-Busch has been producing aluminium bottles since 2013. Jacksonville will be the second MCC facility to produce them. Anheuser-Busch has also operated a brewery in Jacksonville since 1969. The project is expected to create about 75 new jobs at the facility.MCC president Dave Taylor said: “Since it launched in early 2014, the aluminium bottle has become overwhelmingly popular with beer drinkers, and we are proud to break ground on a new line in Jacksonville that will further expand production of the popular bottles, while adding jobs.“The innovative, high-demand aluminium bottles will be enjoyed by fans as the 2016 baseball season and the busy spring and summer beer-selling seasons begin.”
Novo Nordisk, a healthcare company, has started construction on its new $1.8bn diabetes medicine production facility in Clayton, North Carolina.The construction site is located next to the company’s existing 457,000 sq ft Clayton facility, which has been expanded several times since its inception in 1996. The new plant will measure 833,000 sq ft and have a footprint of 417,639 sq ft.Upon fully operational in 2020, the facility will produce active pharmaceutical ingredients (API) for a range of Novo Nordisk's current and future GLP-1 and insulin medicines.It is anticipated that the project will require to 2,500 construction workers at its peak, and will create nearly 700 new permanent jobs.Novo Nordisk president and CEO Lars Rebien Sørensen said: "As the prevalence of diabetes has grown in the US, so too has the demand for effective treatments."It gives me great pride to break ground on our new facility site in Clayton where we have an existing, strong organization. This site will play a vital role in enabling us to meet the needs of people living with diabetes in the US for years to come."
Plans have been unveiled for a casino and deluxe destination resort in East Taunton, Massachusetts.The project, dubbed First Light, is estimated to cost $500m. Work will be carried out in phases, with phase one involving construction of the casino, restaurants, entertainment and retail offerings. This phase is expected to be completed by the middle of next year.Plans for other phases will include the construction of three hotels, a parking garage, as well as a water park.The project is being financially backed by the Genting Group of Malaysia. It is also anticipated to create at least 1,000 construction jobs, and about 2,600 permanent jobs.The project is expected to break ground by April, subject to state approval.
Tutor Perini has won contracts from Related Companies and Oxford Properties Group for the construction of 15 Hudson Yards (Tower D) and The Shops & Restaurants (Retail Complex) at Hudson Yards in New York.The construction value managed by Tutor Perini for the two projects is worth about $1.2bn.The 70-storey, 960,000 sq ft 15 Hudson Yards building will be the first residential building at Hudson Yards. Expected to open in 2018, the building will feature 391 for-sale and rental residences, along with other amenities including an Equinox Fitness Club, and social and entertaining venues.The seven-storey Retail Complex will cover 1m sq ft area. The property, expected to open in 2018, will be home to The Shops & Restaurants at Hudson Yards.Tutor Perini Building Group executive vice president and CEO Craig Shaw said: “We are proud to be working with Related and Oxford on the Hudson Yards development, the largest privately funded development project in US history, and we are pleased to continue our work on the newest Hudson Yards buildings currently under construction.”
Bridgestone Americas Tire Operations has broken ground on a project to expand its passenger tyre manufacturing facility in Wilson, North Carolina.
Washington Adventist Hospital has broken ground on a new $331m hospital in Montgomery County, Maryland.
Taubman Centers has revealed plans for a $500m renovation of Beverly Center in Los Angeles, US.
Construction work has commenced on the first phase of the new multi-billion dollar Miami Worldcenter mixed-use urban development in Florida, US.
The Ratkovich Company and Jerico Development have unveiled plans for a $100m redevelopment of the 30-acre Ports O' Call Village along the Los Angeles Waterfront in San Pedro, Los Angeles.
Barka Desalination Company has inked a contract with government-owned entity Oman Power and Water Procurement Company (OPWP) to construct and operate a new seawater desalination plant at Barka in the northern area of Oman.