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Copper Ridge plan receives Council approval | Local News

The Town Council gave its unanimous approval for a development agreement and the concept plan for the proposed Copper Ridge senior living development at its regular session on Aug. 18. The proposal would develop the vacant 12.24-acre site that wraps around the Bashas’ shopping center. The new development would be built along Avenue of the Fountains from LaMontana Drive to Westby Drive and north along Westby to Palisades Boulevard. The project is planned for three phases, the first of which would be a 132- unit age restricted (62 and older) complex at Avenue of the Fountains and Westby. The initial phase also includes a 19,000 square- foot community clubhouse , parking and a park/drainage detention facility along Westby. Phase II includes a two-story, 80, 000 square foot assisted living facility with 60 living units and 52 memory care/physical rehabilitation beds. A commercial component would make up Phase III at opposite ends of the site. A 12,000 square- foot commercial retai...

Fall Start Seen For Route 120 Apartments

Lebanon— The apartment complex to be built behind the Element hotel on Route 120 in Lebanon moved has moved a step closer to reality as the developer has filed his plans and sought permission from the city to begin construction. Manchester developer Dick Anagnost filed a permit application with the Lebanon’s city planning department to begin construction on a $4 million, three- story apartment building . He hopes to be able to break ground on the project this fall and have it ready for occupancy next summer, according to Anagnost. The apartment building is the first in a planned 153- unit residential complex in Altaria Lebanon Park , a mixed commercial and residential development spanning 65 acres of which the 4-year-old Element hotel was the first phase. Anagnost expects the entire five- building apartment project to be completed by 2019 at a cost “all-in, probably $20 million to $30 million,” he said in an interview. And even though construction on the project has not yet beg...

Developers seeking tenants for new East Dundee building

Over the past two years, the vacant grassy field that once capped off East Dundee's downtown district has been transformed into a $4 million mixed-use development. The 24,500-square-foot building at 311 Barrington Ave. was designed to bring more residents downtown, contribute to the village's culinary district and aesthetically complement other historic structures in the area, said Tracy Burnidge, broker and leasing agent. Developers are in the midst of pinning down retail tenants before building out the 12,000 square feet of available restaurant space on the first floor, he said. Other work on the property, such as landscaping, parking and additional building details , also have yet to be completed. However, residents have already begun moving into the loft- style apartments upstairs , Burnidge said, and it won't be long before the development is fully occupied. "We're trying everything possible to get people in here," he said. De...

US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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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 ...