Mortenson Consolidates Six Woodward Manufacturing Plants into Single High-Tech Facility

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CHICAGO, Ill. — Mortenson Construction has turned an empty 334,700-square-foot warehouse into a state-of-the-art manufacturing plant for Woodward, Inc.'s aerospace components business in suburban Chicago, Illinois. The $90-million project, designed by Ghafari Associates, consolidated Woodward's engineering, R&D, production, testing and administrative operations from a half-dozen locations. In addition to the Niles Campus, Mortenson is the builder for Woodward's new Lincoln Campus in Fort Collins, Colorado that will include a state-of-the art Industrial Turbomachinery facility as well as its new headquarters. The new high-tech facility in Niles offers much greater efficiency and flexibility to meet the needs of customers for Woodward's … Read more

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Lendlease Tops out Distinctive Building at 56 Leonard in Manhattan

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NEW YORK, N.Y. — Lendlease recently topped out 56 Leonard in New York’s Manhattan. This project achievement signifies the completion of vertical construction of the uniquely cantilevered 60-story, 146-unit residential structure. This success brings Lendlease one step closer to project completion. 56 Leonard, an ultra-luxury residential tower designed by Herzog & de Meuron, boasts random cantilevered sparkling glass balconies and terraces rising 830 feet tall and houses an Anish Kapoor commissioned sculpture, sky estuary with a 75-foot infinity edge pool, outdoor sun deck, indoor/outdoor theater, library lounge and fitness center, yoga studio, steam room and sauna. Each unit features full … Read more

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Brasfield & Gorrie Tops Out Phase III of RiverPlace

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GREENVILLE, S.C. — Brasfield & Gorrie recently topped out Phase III of the RiverPlace development, which includes the new Embassy Suites Greenville Downtown, parking deck and associated retail space located in Greenville, South Carolina. The 156-key hotel, the centerpiece of this latest phase of construction, has reached its pinnacle with the placement of the uppermost concrete slab. Brasfield & Gorrie’s construction team, including 150 field workers, held a site-wide topping out celebration to commemorate this accomplishment. RiverPlace Phase III includes the eight-story, 150,000-square-foot, full-service Embassy Suites hotel with an enclosed pool, amenity level with meeting space, Ruth’s Chris Steak House … Read more

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Equipment Leasing and Finance Industry Confidence Sharply Higher in August

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WASHINGTON, D.C. — The Equipment Leasing & Finance Foundation recently released the August 2015 Monthly Confidence Index for the Equipment Finance Industry. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903-billion equipment finance sector. Overall, confidence in the equipment finance market is 67.4, rising sharply against the July index of 62.6. August 2015 Survey Results:The overall MCI-EFI is 67.4, higher than the July index of 62.6. When asked to assess their business conditions over the next four months, 36.4 … Read more

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Construction Underway on New Westin Jackson Hotel

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JACKSON, Miss. — A groundbreaking ceremony recently marked the start of construction on a new Westin Jackson hotel in Jackson, Mississippi.   Slated to open in January 2017, the 169,000-square-foot structure will be the first luxury global hotel brand in Jackson. The nine-story hotel will feature 205 guest rooms.   Participants in the development include Capital Hotel Associates, Hinds County, Jackson Redevelopment Authority, the State of Mississippi and Wischermann Partners. Brasfield & Gorrie is serving as general contractor and Elness Swenson Graham Architects Inc. is the project architect.   This will be the second Westin hotel constructed by Brasfield & … Read more

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