U.S. News
Developers Obtain Loans for Pair of Chicago Towers
Developers of a pair of residential high rises in Chicago’s Lakeshore East neighborhood have acquired US$283 million in construction financing, The Real Deal reported in March. Lendlease and Magellan Development...
New leaders and a promotion
Ken Schmid Selected to Lead KONE Americas KONE has named Ken Schmid executive vice president for KONE Americas, the top leadership role in the division, the company announced in March....
Announcements from a major player, COVID-19 elevator plans and rising skyscrapers
TEI News Company Announces Equity Partnership With Analogue TEI Group, the largest independently owned and operated vertical-transportation (VT) company serving the New York tri-state area, announced in April that Analogue...
Companies in Sweden, Switzerland grow teams.
Jødahl Named New President, CEO of Alimak Group The Alimak Group has selected Ole Kristian Jødahl to become the company’s president and CEO, the board announced in March. He will...
New warehouse, staff additions and promotion
Canada’s Delco Elevator Products Opens U.S. Warehouse Delco Elevator Products, headquartered in Vancouver, Canada, announced the opening of its U.S. warehouse in Ferndale, Washington, near Seattle, in March. An authorized...
Manhattan sees a major completion and contract, with more tall buildings in the pipeline.
Landmark Observation Deck, Served by Otis Elevator, Opens Edge, the highest outdoor observation deck in the Western Hemisphere at 1,100 ft, opened in March on the 100th floor of the...
Safety Upgrades
NEII’s comments on the key changes to A17.1/B44 by Karen Penafiel Developed by the American Society of Mechanical Engineers (ASME), ASME A17.1/CSA B44 sets standards that govern safety across the...
Towers Around the Country
Plans evolve in Detroit, Boston and L.A. Skyscraper Plans Scaled Back in Motor City In Detroit, plans for a 480-ft-tall skyscraper are on hold, and those for another, Bedrock LLC’s...
Tampa company continues its acquisitions roll, and a Miami project progresses.
Oracle Acquires Maryland-Based Landmark Elevator Tampa-based Oracle Elevator has acquired Landmark Elevator, the company announced in February. Landmark, a provider of service, modernization and new installation in Maryland, Virginia, West...
Manhattan milestones continue, VT problems are identified, and a tower is greenlit in Jersey City.
World’s Highest Residential Club Unveiled for Central Park Tower Developer Extell has unveiled renderings of Central Park Tower’s 100th-floor residential club, an amenity perched more than 1,000 ft above NYC’s...
