Business Standard “Global Hyatt Corporation, a US-based premier hotel chain operator, has announced an expansion initiative involving erection of 20 new hotel properties in the next five years.”
[SOURCE: Business Standard – Global Hyatt to add 20 hotels in 5 years]
Gulfnews reports “WS Atkins, a leading British engineering consultancy firm, have laid off 170 professionals, bringing the total number of redundancies in Dubai to well over 3,200.
Around 35 people had also been sacked from WSP and 15 from the Burj Dubai project at Hyder Consulting. Al Shafar General Contracting also shed nearly 1,000 staff members.”
[SOURCE: Gulfnews: Job cuts on the rise in Dubai]
OregonLive.com reports “One of Portland’s most venerable architecture firms is closing its doors, another victim of a stumbling economy.
Sienna Architecture Co., founded in 1951….in October, Sienna downsized its downtown Portland office from 45 to 25 and retained only four of its nine Seattle employees” sadly now it is set to close its doors.
[SOURCE: OregonLive.com – Sienna Architecture will close its doors]
SPIEGEL ONLINE reports “The financial crisis has led to the cancellation of spectacular construction projects in the previously booming metropolises of Dubai, Moscow and Abu Dhabi. Does the demise of overblown architecture spell an opportunity for sustainable building?”
read the full article @ the SOURCE: SPIEGEL ONLINE – Architecture’s Reality Check: Global Downturn Dooms Prestige Construction Projects
sfgate.com reports “With the inauguration of Barack Obama, the national conversation about an all-embracing sense on national purpose has begun. The idea that is emerging from many sources in different forms is to retool America – its cities, its industry, its infrastructure and its landscape……”
Read the great article by Daniel Solomon @ the SOURCE: SFGATE.com – We need a unity of purpose to rebuild America.