Apartment construction boom continues in suburban Bothell An Eastside company that has had success building apartment projects in and around downtown Bothell is back with another one.
On Wednesday, Kirkland-based MainStreet Property Group broke ground on a six-story project, the Junction, at 18505 Bothell Way N.E. The Junction will have 130 market-rate apartments plus 25,000 square feet of retail, restaurant and medical office space. It's next to another project that MainStreet built and sold last year for $63 million.
Apartment development in Bothell…
Wed, 29 Jun 2016 19:39:16 +0000 NEW YORK: Birchbox cuts 12 percent of workforce as it looks for profits NEW YORK — Subscription beauty startup Birchbox, which already cut staff and put new stores on hold to focus on profitability, just axed another 12 percent of its workforce.
The New York-based company confirmed Tuesday that it had laid off about 30 of its 250 employees after having previously cut 50 workers in January.
Birchbox co-founder and CEO Katia Beauchamp wrote a piece on Medium in which she said that the company is expanding but needs to rethink costs in order to stay alive and profit.
Wed, 29 Jun 2016 19:38:43 +0000 Towne East dubbed “StormReady” by the National Weather Service Towne East Square in Wichita has been awarded new safety recognitions by the National Weather Service.
The mall on Wednesday announced that it has been designated “StormReady” and “Weather-Ready Ambassadors” in recognition of its preparedness for severe weather situations.
The “StormReady” program of the NWS works in partnership with energy management to help reduce community to risk to potentially dangerous weather.
“Our center plays a key role in the Wichita community and the safety…
Wed, 29 Jun 2016 19:35:47 +0000 Morrissey Hospitality ditches Eagan hotel project Morrissey Hospitality Cos. has scrapped its $14 million plan to build a 120-room hotel near Eagan’s Twin Cities Premium Outlets.
St. Paul-based Morrissey is asking the city to buy back the 1-acre property, the Pioneer Press reports. A major investor that pledged $1 million later backed out, according to the newspaper.
Morrissey paid $491,000 for the land in 2014 and is asking the city to pay the same price.
The project, a Home2Suites by Hilton, was to be the first hotel that Morrissey owned.…
Wed, 29 Jun 2016 19:35:10 +0000 NFL Pro Bowl buzz makes waves in Orlando News of the NFL Pro Bowl coming to town is already paying off for the region.
The Pro Bowl announcement, which happened earlier this month, has been a huge marketing generator for the region, said Visit Orlando during an Orange County Commission meeting on June 28. County leaders at the meeting approved more than $3 million in tourist development tax funds for the incentive package to host the event in 2017, 2018 and 2019.
But the impact from just the announcement has been massive, said George…
Wed, 29 Jun 2016 19:34:13 +0000 Central Florida makes more than these countries' GDP The Orlando-Kissimmee-Sanford region could follow Britain's lead and pull an Orlexit — at least based on their strong economic production.
According to a recent survey of metropolitan statistical areas, metro economies are major drivers of the global economy. In fact, of the largest 100 world economies, 37 are U.S. metros. And the Orlando-Kissimmee-Sanford region is one of them, ranking No. 88 worldwide.
The report, prepared by IHS and Global Insight for the U.S. Conference of Mayors, reviewed…
Wed, 29 Jun 2016 19:31:16 +0000 Facebook wants less news, just when we need it This week, Facebook Inc. (NASDAQ: FB) announced it was making changes to its News Feed algorithm. The changes will likely impact billions of people — and billions of dollars — with very little explanation, and it comes at a time when the American public needs to be informed the most.
The Facebook News Feed is not a free and flowing range of information chosen by your likes and preferences, though Facebook very much wants everyone to think that. It's a semi-curated feed which prioritizes the…
Wed, 29 Jun 2016 19:29:48 +0000 Financial firm opens new Birmingham office for former Sterne Agee team During what seems like a month full of changes for Stifel Financial Corp. and its former Sterne Agee components, 1919 Investment Council announced this week its relocation to a new office.
The company, formerly known as Sterne Agee Trust, took a space in the Crescent Building at 2311 Highland Avenue South, Suite 190. The office houses the former Sterne Agee Family Office Team led by Hanson Slaughter, 1919's managing director and senior client advisor.
"We chose to join 1919ic last year because…
Wed, 29 Jun 2016 19:29:16 +0000
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