Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: http://www.elevatorbooks.com
PHILIPPINES OTIS, TOSHIBA SUPPLIER CHANGES NAME
Concepcion Building and Industrial Solutions, a major supplier of vertical-transportation (VT) and cooling equipment in the Philippines, has changed its name to Alstra, the Manila Standard reported. Rajan Komarasu, Alstra director, said the name change coincides with the company’s expansion into other building-industry lines, including lighting, security, and automation and controls. Alstra will continue to offer VT equipment from Otis and Toshiba, and remain under the umbrella of Concepcion Industrial Corp.
ASTON MARTIN BREAKS GROUND ON MIAMI TOWER
Aston Martin broke ground on October 18 on Aston Martin Residences Miami, a 66-story luxury waterfront residential building in downtown Miami (ELENET 663), the Independent reported. The British maker of high-end luxury sports and touring cars is teaming up with property developer G&G Business Development to create the building, which is set for completion in 2021. It will feature 391 units priced up to US$50 million. With a sail-shaped, glass-and-steel construction designed by Revuelta Architecture and Bodas Miani Anger, the building amenities include a spa, movie theaters, an art gallery and a virtual golf room between the 52nd and 55th floors. Aston Martin is following carmaker Porsche into the South Florida real estate market. The 60-story Porsche Design Tower sits about 20 miles away in Sunny Isles Beach.
L.A. PLANNERS APPROVE 41-STORY MIXED-USE TOWER
The Los Angeles City Planning Commission has approved the Lake on Wilshire project, a 41-story mixed-use housing tower complex, The Architects Newspaper reported. The project, proposed by Archeon Group and developer Walter Jayasinghe for the city's Westlake neighborhood, would offer 478 market-rate apartments and a 70,000-sq.-ft., 850-seat performing arts center dedicated to Sri Lankan culture. A large statue at the corner would adorn the five-story center, which would be wrapped in multicolored mosaic panels. An adjacent medical office building would be converted into a 220-room hotel. The US$213.8-million project represents one of the first major market-rate developments for the predominantly working class and immigrant neighborhood.
Image courtesy of independent.co.uk:
http://www.independent.co.uk/news/business/news/aston-martin-miami-tower-car-maker-real-estate-g-g-business-development-a8009086.html#gallery
Subscribe to the Podcast: iTunes│Google Play | SoundCloud│Stitcher│TuneIn
