L Squared Capital Partners, together with Longview Asset Management, has partnered with Oracle Elevator management to recapitalize the latter company. Founded in 2004 with 22 branches across 13 states, Oracle is one of the largest independent providers of elevator maintenance, repair and modernization services across all major brands of equipment. L Squared’s investment provides a…
Read More
Aria on the Bay, a 53-story tower with nearly 650 condominiums and lower-level office and retail in Miami’s Edgewater neighborhood, has topped off with 80% of its condo units sold, Curbed Miami reported. Developed by Melo Group and designed by Arquitectonica, the property has a rounded-rectangle footprint and amenities including pools, a lounge, a screening…
Read More
Phase two of Optima Chicago Center, a 54-story mixed-use structure designed by David Hovey and developed by DeBartolo, topped out earlier this year, bringing a bold new addition to the Chicago skyline, SkyRise Cities reported. It will house hundreds of residents in a glassy, green building with a bright-red, landscaped podium and joins phase one,…
Read More
“Skyline-Altering” Tower Proposed in L.A. A tower urbanize.LA describes as “skyline-altering” has been proposed for a parking lot at 925 South Figueroa Street next to the newly renovated Hotel Figueroa north of Staples Center and L.A. Live in Los Angeles. The rectangular, glassy design for the 975-ft.-tall, 66-story Figueroa Centre is by architecture firm CallisonRTKL,…
Read More
PATCO, the high-speed commuter rail service between Philadelphia, Pennsylvania, and Camden County, New Jersey, plans to install elevators at six remaining stations that lack them, bringing the service into compliance with the Americans with Disabilities Act (ADA), The Courier-Post reported. Sownski Sullivan Architects handled the redesign, and a US$3-million construction-oversight contract has been awarded to…
Read More
Interesting Office Redevelopment Project Rises in Midtown 425 Park Avenue (ELEVATOR WORLD, August 2015), “one of the most interesting redevelopment projects” in Manhattan, has surpassed the 16th of what will ultimately be 47 floors, New York YIMBY reported. Foster + Partners is responsible for the design, featuring setbacks and a triple-height amenity area for office…
Read More
Elevator World, Inc. hosted its Annual General Meeting (AGM) on May 5 at The Admiral Hotel in Mobile, Alabama. In attendance were Ricia S. Hendrick, president and CEO; T.Bruce MacKinnon, executive vice president and COO; Angela C. Baldwin, vice president of editorial; Brad O’Guynn, vice president of sales and marketing; Lillie McWilliams, vice president of…
Read More Columbia Appoints Three Senior Executives Columbia Elevator Products Co. Inc. has named three new senior executives. Jim Yates has been appointed chief administrative officer, after serving Columbia as president and in various other capacities. Yates joined the company in 2008, bringing 30 years of finance and operations experience in a manufacturing environment, and understanding of…
Read More “Be nice to the robots, for they will rule the world one day.” — Thehive.com There seems to be a real concern by some that, by the end of this century, 75% of all Americans will be out of a job and servile to robots. That may be too far away for your editor to…
Read More Kevin Morse says Elevator U’s mission statement struck a chord. Elevator Program Manager for Naval Facilities Engineering Command (NAVFAC) Kevin Morse (KM) began his career in the industry in the mid-1970s as an elevator constructor and mechanic with the International Union of Elevator Constructors (IUEC) Local 10 in Washington, D.C., but, in 1989, the U.S.…
Read More
