News
Wheelchair-Accessible Subway Elevators Are Open In NYC
The NYC Metropolitan Transportation Authority (MTA) recently opened subway elevators near a Midtown NYC subway stop that are wheelchair-accessible, New York Daily News reported on June 1. Opened a decade after...
Berkshire Partners Acquires 3Phase from Fort Point Capital
3Phase Elevator was acquired by Boston-based Berkshire Partners from existing investor Fort Point Capital. The investment will allow 3Phase Elevator to grow throughout the U.S., as it has with six...
EFESME-SBS Lift Forum 2021 Focuses On BIM
The European Federation for Elevator Small and Medium-sized Enterprises (EFESME) and the Small Business Standards (SBS) brought together speakers who offered numerous perspectives during a virtual version of the SBS Lift Forum...
RRTS Station In Ghaziabad, India, Taking Shape
The highest Regional Rapid Transit System (RRTS) station, which is part of the 17-km-long priority section of the Delhi-Ghaziabad-Meerut RRTS corridor, is now taking shape in Ghaziabad in the National...
Lack Of Safety Regulations for Residential Elevators Raise Concerns
The safety of residential elevators has come into question in North Carolina, WECT 6 News reported in June. While commercial elevators are required to meet certain safety regulations and be inspected each...
Ritz-Carlton Planned For Ningbo, China
The Council on Tall and Urban Habitat, citing Marriott, reported on June 2 that a new Ritz-Carlton is expected to open in Ningbo, China, in 2025. Slated to occupy the 62nd to...
Chicago City Council Greenlights 47-Story Tower
The Chicago City Council has approved a 47-story mixed-use tower at 640 West Washington Boulevard in West Loop Gate, Chicago YIMBY reported on June 2. The site, bound by the Kennedy Expressway to the west, West Court Place to...
Hyundai Elevator Buoyed By Korean Government Policies
New housing starts and elevator installations in Korea should continue to grow in response to government policies aimed at expanding housing supply, and accordingly, Hyundai Elevator is set to enjoy...
Plans For US$1.1B Jacksonville Riverfront Project Announced
Southeast Development Group recently unveiled the master plan for its upcoming mixed-use megaproject in downtown Jacksonville, Florida, which calls for the redevelopment of 25 acres of city-owned land, adding 2.3...
Elevator Industry Fourth Covid-19 Survey Results Analysis
Elevator World, Inc., the German elevator association VFA Interlift e.V. and fair organizer AFAG, in association with Credit Suisse, recently shared results of their fourth survey of elevator industry representatives on current...
