Development

North Las Vegas Welcomes SpringHill Suites by Marriott

By Alex Girda, Associate Editor For North Las Vegas, any bit of good news is welcome in market that continues to struggle. Recently SunWest Commercial provided a breath of fresh air in the form of a 94-key SpringHill Suites by Marriott, the first new local hotel in more than four years. Located near Interstate 15 […]

Solis Announces New Five-Star Guangzhou Hotel

Solis Hotels & Resorts announced plans to build a 260-unit luxury hotel in Guangzhou, China. The Solis Guangzhou will be the company’s third property under construction in China this year.

Starwood Hotels Celebrates Passing 100-Hotel Mark in China with Plans for Another 100

Starwood Hotels & Resorts Worldwide, one of the leading international hotel and leisure companies, celebrated an important milestone, the passing of the 10o-hotel mark in its second-largest market outside the United States.

Palace Hotel Tokyo Aims to Bring New Brand of Luxury to Japanese Capital

The city of Tokyo gained a new addition to its hospitality market with the opening of the Palace Hotel Tokyo.

Maxim Invests $65M to Expand San Antonio Facility

By Camelia Bulea, Associate Editor Maxim Integrated Products Inc., a Fortune 1000 semiconductor company headquartered in Silicon Valley, will invest approximately $65 million to expand its semiconductor fabrication facility in San Antonio. Purchased in 2003 from Philips Semiconductors Inc., the 380,000-square-foot facility will also undergo an equipment upgrade as part of the same investment, according […]

Hong Kong Developer Invests in Greenwich Peninsula Mixed-Use Project

Quintain Estates and Development plc has announced that Dr. Henry Cheng Kar-Shun’s investment vehicle, Knight Dragon, has taken on a 60 percent stake in the Greenwich Peninsula mixed-use development project in London.

Kansas City Council Prepares Hefty Tax Incentive Package to Attract Freightquote.com

By Gabriel Circiog, Associate Editor The Kansas City Council is preparing a hefty tax incentive package to lure Freightquote.com to cross the state line, The Kansas City Business Journal reports. The current headquarters of the online shipping company is in Lenexa at 16025 West 113th Street, but Kansas City proposes a $65 million Chapter 100 […]

The Winners: CPE’s 2012 Distinguished Achievement Awards

CPE is pleased to announce the winners of the second-annual Distinguished Achievement Awards, recognized for their ability to complete deals and projects in the face of last year’s recovering economy.

Swire Breaks Ground on Brickell CitiCentre MXD in Miami

Swire Properties, of Hong Kong, broke ground yesterday on its $1.1 billion, nine-acre, mixed-use Brickell CitiCentre in downtown Miami’s Brickell financial district.

Construction Starts on $172M Marriott Tower in Downtown L.A.

Encompassing Marriott’s Courtyard and Residence Inn brands within a single 23-story tower, the $172 million project will target visitors to the Los Angeles Convention Center when it opens in the summer of 2014.