Daily News
Hyundai Elevator, LG Plan Smart Building Solutions
Hyundai Elevator is joining forces with fellow South Korea-based company LG Electronics to develop a smart-building solution business designed to connect elevators, self-driving robots and home network systems, AJU Business Daily reported...
Demolition Complete to Make Way for Billionaires’ Row Supertall
Demolition of structures at 41-47 West 57th Street in Midtown Manhattan to make way for a 1,100-ft-tall, mixed-use supertall designed by OMA and developed by Sedesco is complete, New York YIMBY...
25-Story High Rise Planned for West Palm Beach
Related Cos. closed on the site of a planned 25-story office tower in downtown West Palm Beach, Florida, The Real Deal reported in August. The First Church of Christ, Scientist sold the...
Correction: Berkshire Partners Acquires 3Phase From Fort Point Capital
A recent news item contained an incorrect headline. In early June, 3Phase Elevator was acquired by Boston-based Berkshire Partners from existing investor Fort Point Capital. The investment will allow 3Phase...
Person Rescued in Elevator Incident in Michigan
The Grand Rapids Fire Department (GRFD), along with multiple other agencies, extricated a person from an elevator on August 18 in Grand Rapids, Michigan, WZZM13 reports. According to a Facebook post by...
India’s Western Railway Reopens Lifts, Escalators, Gates
With increases in passengers, Western Railway in India is opening more lifts and escalators, as well as entry and exit gates, The Free Press Journal reported on August 24. With daily passenger...
OTIS South Korea Factory Achieves ISO 14001 Certification
On the heels of announcing its factory in São Bernardo Do Campo, Brazil, achieved ISO 14001 certification for environmental management systems, Otis announced on August 19 that its Incheon, South...
Work Launches on Phase II of Project Elevate
Phase II of Elevate, a multi-tower residential project in Gurgaon, India, being jointly developed by international real estate firm Hines and Indian real estate company Conscient Infrastructure Pvt. Ltd., has...
Ground Broken On 41-Story Downtown Austin Condo Tower
Austin, Texas-based Pearlstone Partners and NYC-based ATCO Properties and Management broke ground on Vesper, a 41-story, 284-unit condominium tower in the Rainey Street district of downtown Austin, Austin American-Statesman reported on August...
55-Story Residential Tower Plans in London’s Canary Wharf
As part of a push to make the Canary Wharf megadevelopment on London's Isle of Dogs more residential, Canary Wharf Group unveiled plans for a 55-story tower with more than...
