Construction Maison

Canberra developer Geocon plans to redevelop the Woden Tradies Club site into one of its trademark high- rise apartment precincts after buying the property for $16 million. The Tradies Group accepted an unsolicited offer for the site, which is bounded by Launceston Street , Melrose Drive and Furzer Street in Phillip and occupied by the club, Quality Hotel and an adjacent car park . Chief executive Rob Docker said the decision to offload the property and close the club and hotel was made with a heavy heart but the Woden club had found it very difficult to make ends meet and would now close in January. “The club has found it very difficult, given its size, to compete with the Hellenic Club and Southern Cross Club in that location,” he said. The Woden Tradies has been part of the area’s entertainment and hospitality scene for nearly 50 years since it opened in 1969. But its membership of a little more than 10,000 is dwarfed by that of the other clubs. They will be absorbed by the si...

DENVER, CO--(Marketwired - Aug 12, 2015) - Griffis Residential , a Denver- based multifamily investment and management firm, announced today that it has acquired Falcon Ridge Apartments , a 296-unit Class-A multifamily community located in the vibrant South Congress area of Austin, Texas. With the Falcon Ridge acquisition , Griffis Residential currently owns and manages approximately 6,700 apartment units in Colorado, Texas, Nevada and Washington. " Falcon Ridge Apartments is an institutional quality asset in a superior location near Austin's employment- rich Central Business District ," said Griffis Residential Executive Chairman , Ian Griffis. "Falcon Ridge is a perfect choice for renters who are looking for close proximity to Austin's urban employers and high- quality amenities at a more attractive price point than new midrise properties in the area." Effective immediately, Falcon Ridge Apartments has been renamed Griffis SoCo Austin . For commun...

See more of the story Growing suburbs’ strategy of paying for new roads and other infrastructure by charging builders fees for development could be upended by a legal challenge before the Minnesota Court of Appeals. A developer’s lawsuit against Woodbury arguing the city’s roadway fee on new subdivisions is illegal has attracted competing court filings from the metro area homebuilders association and the League of Minnesota Cities . At issue is whether developers or taxpayers should bear the brunt of road projects that are needed to accommodate growth but are located outside of a new subdivision. “I’d say this is a landmark case,” said David Siegel, executive director of the Builders Association of the Twin Cities. “Probably one of those rare cases that comes along every decade or so that we think has really powerful ramifications across the Twin Cities.” Woodbury charges developers a “major roadway assessment” fee to help cover road improvements outside of a subdivision, such ...

US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...