Interstate Highway System

KB Home Announces the Grand Opening of Its Newest Community in the Highly Desirable Ontario Ranch Master Plan

Retrieved on: 
Thursday, April 11, 2024
Construction & Property, Urban Planning, REIT, Landscape, Interior Design, Building Systems, Architecture, Other Construction & Property, Residential Building & Real Estate, Preserve, Interstate Highway System, Ontario International Airport, Inland Empire, Recreation, Certification, School district, Prado Regional Park, Water, Garden, Ontario Ranch, California, Camping, KB Home, Bath, Golf, Multimedia, Ontario-Montclair School District, KB

KB Home (NYSE: KBH) today announced the grand opening of its newest community, Crestview, in the highly desirable Ontario Ranch master plan in Ontario, California.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of its newest community, Crestview, in the highly desirable Ontario Ranch master plan in Ontario, California.
  • View the full release here: https://www.businesswire.com/news/home/20240411582214/en/
    KB Home announces the grand opening of its newest community, Crestview, in the highly desirable Ontario Ranch master plan in Ontario, California.
  • Every KB home is uniquely built for each customer, so no two KB homes are the same.
  • KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments.

Baltimore Business Owners File Bridge Collapse Lawsuit

Retrieved on: 
Friday, April 26, 2024
Interstate Highway System, Small business, Francis Scott Key Bridge, Publication, United States Navy, Port, Interstate 695, Publishing, Ship, Terror, Milberg

BALTIMORE, April 26, 2024 /PRNewswire/ -- Attorneys for Milberg Coleman Bryson Phillips Grossman ("Milberg") have filed a class action lawsuit over the collapse of the Francis Scott Key Bridge in Baltimore and the losses it has caused to Baltimore businesses.

Key Points: 
  • BALTIMORE, April 26, 2024 /PRNewswire/ -- Attorneys for Milberg Coleman Bryson Phillips Grossman ("Milberg") have filed a class action lawsuit over the collapse of the Francis Scott Key Bridge in Baltimore and the losses it has caused to Baltimore businesses.
  • Since the Key Bridge has been shut down indefinitely, the Austins say demand for their once-thriving business has dropped substantially.
  • Anyone who has similarly lost business income due to the bridge collapse may be able to join the lawsuit as a class member.
  • The Milberg Baltimore Bridge Taskforce hosted a virtual town hall on April 25 to help businesses affected financially by the Key Bridge collapse.

BRUCE SMITH ENTERPRISE AND THE CORDISH COMPANIES UNANIMOUSLY SELECTED BY CITY OF PETERSBURG TO CODEVELOP $1.4 BILLION TRANSFORMATIVE MIXED-USE DEVELOPMENT IN PETERSBURG, VIRGINIA

Retrieved on: 
Thursday, April 25, 2024
Interstate Highway System, City, NFL, Partnership, Cox Communications, Life, University of Virginia, Food, Community, Community leader, Hyatt House, Skin, Project, Entertainment district, Live, Loss of citizenship, Restaurant, Human rights movement, Workforce, Urban Land Institute, Block, The Cordish Companies, Commonwealth, Consultant, Civil rights movement, Virginia Tech, Marketing, Student, Municipal council, University, Mandarin Oriental Hotel Group, History, Tourism, Mid-Atlantic (United States), Ward, Hard Rock Cafe, RFP, Civil and political rights

PETERSBURG, Va., April 25, 2024 /PRNewswire/ -- Bruce Smith Enterprise and The Cordish Companies have been selected by the City of Petersburg, Virginia to codevelop a $1.4 billion Live! Gaming & Entertainment District, anchored by Live! Casino & Hotel Virginia. Yesterday evening, the Petersburg City Council unanimously approved Bruce Smith Enterprise and The Cordish Companies as the City's preferred development partner on the transformative mixed-use project. The proposed project will generate billions of dollars in economic benefits and spinoff development, create thousands of new jobs and benefits to the local community, and become a major new tourist destination for the City and the Central Virginia region. Rendering and video files can be downloaded here.

Key Points: 
  • Yesterday evening, the Petersburg City Council unanimously approved Bruce Smith Enterprise and The Cordish Companies as the City's preferred development partner on the transformative mixed-use project.
  • "Bruce Smith Enterprise and The Cordish Companies are thrilled and extremely honored to be selected by the City of Petersburg to codevelop a $1.4 billion, transformational mixed-use development," said Bruce Smith, Pro Football Hall of Famer, Prominent Virginian Developer and Community Leader.
  • "We extend our thanks to the entire Petersburg City Council for its thoughtful decision to select Bruce Smith Enterprise and The Cordish Companies as development partners for this transformative, world-class destination in Petersburg," said Zed Smith, Chief Operating Officer for The Cordish Companies.
  • Based on a financial report delivered by Davenport to City Council, the Council unanimously voted to select Bruce Smith Enterprise and The Cordish Companies to provide a world-class destination development to the City of Petersburg."

Headwall Investments Expands Footprint to DFW with Recent Shopping Center Acquisition

Retrieved on: 
Thursday, April 25, 2024
Interstate Highway System, Environment, Interstate 20, Headwall, Climate, Population growth, Food, Growth, Real estate

The center, which underwent a major renovation in 2020, is situated at 4100 South Cooper Street, Arlington, TX 76015, and boasts key characteristics that Headwall targets, including excellent visibility and accessibility.

Key Points: 
  • The center, which underwent a major renovation in 2020, is situated at 4100 South Cooper Street, Arlington, TX 76015, and boasts key characteristics that Headwall targets, including excellent visibility and accessibility.
  • Additionally, the adjacent area boasts strong demographics, and the current tenant mix includes a diverse blend of food and service-oriented businesses.
  • Headwall successfully navigates the current high interest rate environment by acquiring high-quality unanchored shopping centers well poised for value appreciation in the major Texas metros.
  • This shortage was exacerbated by population growth Texas metros experienced post-pandemic, and lack of corresponding development of new shopping centers," said George J. Wommack, Founder, President & CEO at Headwall Investments.

JET Hospitality Adds Two Wyoming Locations, Launches Boutique Hotel Brand, and Sponsors $5MM Syndicated Growth Fund

Retrieved on: 
Monday, April 22, 2024
Interstate Highway System, Hospitality, Lincoln Highway, Sale, Robustness, Coffeehouse, F&B, Park Motel, The, I-80, Scott (surname), Medicine, Good People, EV, Acquisition, Accreditation, JET, Lincoln, Coffee, Growth, Hotel

The company has acquired two Wyoming classics—The Historic Virginian Hotel in Medicine Bow, and the Park Motel in Powell.

Key Points: 
  • The company has acquired two Wyoming classics—The Historic Virginian Hotel in Medicine Bow, and the Park Motel in Powell.
  • In support of bolstering growth, JET Hospitality is sponsoring JET Growth Fund LLC, a $5MM syndicated real estate fund available to Accredited Investors that will invest in new acquisitions and supporting infill development at existing locations across the Rocky Mountain Northwest.
  • JET Hospitality is proud to carry on the 100+ years of ownership legacy passed on from the Scott Family," states JET Hospitality CEO, Jesse Baker.
  • In addition to these new acquisitions and brand launch, JET Hospitality is thrilled to announce its sponsorship of JET Growth Fund LLC, a $5MM REG D(c) Capital Raise.

New Evergreen Impact Housing Fund, GMD Development project brings 145 affordable units to Renton

Retrieved on: 
Friday, April 19, 2024
Interstate Highway System, City, GMD, Housing, Interstate 405, Employment, Microsoft, Seattle Foundation, Video game

RENTON, Wash., April 19, 2024 /PRNewswire/ -- The Evergreen Impact Housing Fund (EIHF) and GMD Development are pleased to announce the grand opening of the Watershed apartment community. Located in Renton, Watershed brings 145 affordable apartments capable of housing over 350 individuals.

Key Points: 
  • Located in Renton, Watershed brings 145 affordable apartments capable of housing over 350 individuals.
  • Watershed offers a mix of units, including spacious two- and three-bedroom units, addressing the common challenge of inadequate space in metropolitan affordable housing.
  • Microsoft has pledged $50 million to Evergreen Impact Housing Fund to support much-needed affordable housing in our region.
  • GMD Development specializes in building affordable housing, and Watershed's strategic location prioritizes the needs of working families.

Universal Technical Institute and Interstate Batteries renew alliance for five more years

Retrieved on: 
Thursday, April 18, 2024
Education, Workforce, Universal Technical Institute, UTI, Interstate Highway System, Student, Partnership, Transport, Interstate Batteries

PHOENIX, April 18, 2024 /PRNewswire/ -- Universal Technical Institute , the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the five-year renewal of its alliance with Interstate Batteries , a leading automotive replacement battery brand.

Key Points: 
  • PHOENIX, April 18, 2024 /PRNewswire/ -- Universal Technical Institute , the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., today announced the five-year renewal of its alliance with Interstate Batteries , a leading automotive replacement battery brand.
  • Since the relationship's inception in 2018, Interstate Batteries has become the exclusive battery used in all UTI automotive , diesel , and marine technician training programs.
  • In this renewed partnership, Interstate Batteries will continue to provide state-of-the-industry technology and products to empower UTI students throughout their education.
  • "We are thrilled to embark on another five years of collaboration with Interstate Batteries," said UTI Division President Tracy Lorenz.

Deutsche Finance America and March Capital Management Announce Construction Set to Begin on Large Industrial Park off State Highway 45 in Creedmoor, Texas

Retrieved on: 
Thursday, April 18, 2024
Interstate Highway System, I-35, State, MCM, DFA, Partnership, Entrepreneurship, Interstate 35, Gigafactory, Industrialisation, Principal, Acquisition, Growth, Renewable energy

AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- March Capital Management ("MCM") in partnership with Deutsche Finance America ("DFA") today announced the acquisition and capitalization of the initial phase of a large industrial development located off State Highway 45 Southeast in Creedmoor, Texas.

Key Points: 
  • AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- March Capital Management ("MCM") in partnership with Deutsche Finance America ("DFA") today announced the acquisition and capitalization of the initial phase of a large industrial development located off State Highway 45 Southeast in Creedmoor, Texas.
  • The initial phase introduces two buildings, totaling around 400,000 square feet, situated adjacent to Interstate State Highway 45 (SHI-45) and just east of Interstate 35 (I-35).
  • This strategic location services the Austin metro area and is a 20-minute drive to the airport and Tesla Gigafactory Texas.
  • The project underscores the partners' dedication to innovative industrial solutions and their positive impact on local communities.

BRUCE SMITH ENTERPRISE AND THE CORDISH COMPANIES PARTNER ON PROPOSAL TO CODEVELOP $1.4 BILLION TRANSFORMATIVE MIXED-USE DEVELOPMENT IN PETERSBURG, VIRGINIA

Retrieved on: 
Monday, April 15, 2024
Interstate Highway System, City, NFL, Partnership, Hardship, Cox Communications, Life, Food, Face, Community, Community leader, Hyatt House, Entertainment district, Live, Restaurant, Workforce, Urban Land Institute, Block, The Cordish Companies, Commonwealth, Reynolds Group Holdings, Family, Virginia Tech, Marketing, Student, University, Mandarin Oriental Hotel Group, History, Tourism, Mid-Atlantic (United States), Hard Rock Cafe

PETERSBURG, Va., April 15, 2024 /PRNewswire/ -- Bruce Smith Enterprise and The Cordish Companies have responded to a request for proposal issued by the City of Petersburg, Virginia with plans to codevelop a $1.4 billion Live! Gaming & Entertainment District, anchored by Live! Casino & Hotel Virginia. The proposed project will generate billions of dollars in economic benefits and spinoff development, create thousands of new jobs and benefits to the local community, and become a major new tourist destination for the City and the Central Virginia region.

Key Points: 
  • Bruce Smith Enterprise and The Cordish Companies' longstanding relationship dates back to 2008, and most recently the team has partnered to bring a world-class casino resort destination to the Commonwealth.
  • The joint venture partnership is the first-of-its-kind in the gaming and entertainment industry to have a minority-owned business enterprise as co-development partner.
  • Bruce Smith Enterprise, led by legendary NFL Hall of Fame member and Virginia native Bruce Smith, is a commercial real estate firm that specializes in the development of premier mixed-use projects.
  • As recognized leaders in community outreach with unparalleled track records of supporting local and regional businesses, Bruce Smith Enterprise and The Cordish Companies are committed to ensuring contract opportunities for local, MBE/WBE, and veteran-owned companies.

TravelCenters of America and NATSO Foundation Work to Enhance Safety for Roadside Service Technicians

Retrieved on: 
Wednesday, April 10, 2024
Cloud, Safety, Waze, Risk, ERA, Dodge, TravelCenters of America, Software, Partnership, Jeep, Interstate Highway System, Ram, Logging

WESTLAKE, Ohio and ALEXANDRIA, Va., April 10, 2024 /PRNewswire/ -- TravelCenters of America (TA), in conjunction with the NATSO Foundation, is pleased to announce a new initiative implemented to significantly enhance the safety of TA's Emergency Roadside Assistance technicians who repair commercial vehicles along the Interstate Highway System.

Key Points: 
  • "Our collaboration with TravelCenters of America is a vital step forward in our shared commitment to road safety," said Cory Hohs, CEO of HAAS Alert.
  • "By offering Safety Cloud digital alerts, we can help more roadside service workers get home to their families every night."
  • The NATSO Foundation in 2023 unveiled a strategic partnership with HAAS Alert to enhance safety for the industry's roadside service technicians.
  • "We are pleased that TA is implementing the software into its ERA vehicles," said Lisa Mullings, NATSO Foundation President.