The Well Megaproject Progressing in Toronto Construction work on The Well (ELEVATOR WORLD, August 2019), occupying nearly a full city block at Spadina Avenue and Front Street in downtown Toronto, is showing good progress, Urban Toronto reported in August. The mixed-use megaproject, being put together by a team of developers and architects, will eventually see…
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AFAG Messen, Virgo Communications Join Forces Augsburg, Germany-based AFAG Messen und Ausstellungen GmbH and Bangalore, India-based Virgo Communications and Exhibitions are partnering, the tradefair organizers announced in August. AFAG’s trade fairs consist of 20 events, both international trade fairs like Interlift and “supraregional” public exhibitions and events. Covering areas that include elevator technology, Virgo has…
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70-Plus KONE Elevators for Grand Paris Express Metro KONE has been selected by Société du Grand Paris (SGP) to provide more than 70 elevators to Line 15 of the Grand Paris Express metro. The 33-km line will pass through 22 municipalities and serve more than 1 million residents as it makes 300,000 trips per day.…
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Metro Jobs for KONE Jinan Metro Line R2: 107 Escalators KONE will deliver 107 escalators to the first phase of the Metro Line R2 in Jinan, the company announced in July. Jinan, the capital of eastern China’s Shandong province, has traditionally been a major bus transportation hub, but the city opened its first metro line…
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Medical, Office Towers for Downtown Jefferson Health plans to build a 400-ft-tall medical and a 329-ft-tall residential tower in the 1100 block of Chestnut Street in the Market East neighborhood. The tower, dubbed Jefferson Health Care Specialty Care Pavilion, will offer 750,000 ft2 of medical office space at 1101 Chestnut Street, and the residential tower…
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City Approves Plan for 56-Story Downtown Tower City officials have approved a plan for a 56-story mixed-use tower in the city’s downtown, Connect California reported on August 20. The plan, by Chicago-based Tribune Real Estate Holdings, would place the tower on top of the Historic Broadway subway station under construction at South Spring Street, South…
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Collaboration With Georgia Tech BAC thyssenkrupp Elevator has partnered with the Business Analytics Center (BAC) at the Georgia Institute of Technology’s Scheller College of Business in Atlanta to “apply business analytics tools and techniques through research, collaboration and innovation to help drive thought leadership. . . and promote analytics research.” The partnership was set to…
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“Tremendous Addition to Midtown Skyline” Reaches Milestone Construction on One Vanderbilt, a 77-story supertall office tower described as a “tremendous addition to the Midtown skyline,” reached a milestone in July when its 100-ft-tall architectural spire was replaced. The spire was initially erected in September 2019 for the topping-out ceremony, then disassembled in December to allow…
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Arcline/Jersey Elevator, D&D and Kencor Arcline Investment Management, a private-equity firm with offices in San Francisco and NYC, has invested in two independent elevator companies and acquired a third. On August 11, Arcline said it had acquired Jersey Elevator, Inc., headquartered in Aberdeen, New Jersey. Jersey Elevator President John Sweeney, whose father started the company…
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by Ricia Sturgeon-Hendrick The elevator industry was very lucky to be considered “essential” throughout regulations related to the COVID-19 pandemic, so maintenance continued, while construction stalled. An industry survey conducted by Elevator World, Inc; VFA Interlift; and AFAG, in association with Credit Suisse, produced interesting results. COVID-19 Impact/Outlook by Kaija Wilkinson gives an excellent view…
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