The founders of property developer Urban Splash are to sell off almost a quarter of the company’s equity to its management team and have agreed a refinancing deal with three banks worth £125m.
Chairman Tom Bloxham and chief executive Jonathan Falkingham are selling 24 per cent of the shares to seven of its most senior staff, who will be given the option of buying between one and five per cent for an undisclosed price.
SOURCE: Crain’s Manchester Business – Urban Splash founders sell 24 per cent to managers –
JAMAICAN Gregory Minott and team members Troy Depeiza and Snehal Intwala won the US$10,000 prize for Best Design for Building in the Dudley Square Community Charrette and Design Competition.
The Boston Society of Architects hosted the competition in association with the City of Boston, the Boston Redevelopment Authority, Common Boston and the Roxbury Masterplan Oversight Committee, as part of the public programming for the American Institute of Architects’ 2008 National Convention in Boston.
SOURCE: JAMAICAOBSERVER.COM – Jamaican wins Boston community design competition –
Today is the first day of the ban on retailers supplying plastic bags to customers. Numerous
retailers have started charging customers between 0.3 to 0.5 yuan per bag and supplying the alternative of heshian or material bags for shopping.
The law has come into effect to try and reduce the the direct pollution of the environment and the indirect pollution through the production of plastic bags. The production of plastic bags uses thousands of litres of oil per day in China.
A living roof, drains which lead to sunken wetland, water heated with solar panels – it sounds like something from a green home in the future but these are all standard features of a new housing development in Northampton.
The properties, which all lie just off the A45 by Sixfields, boast a ‘sustainable urban drainage system’ which offers an alternative to traditional drains.
Instead of using sewers for rainwater, the development has specially designed reed-bed ditches which create habitats for wildlife, as well as reducing the risk of flooding in heavy rains.
Read more @ the SOURCE: Northampton Chronicle and Echo – Living roofs, solar panels – all standard in new homes
The transformation of Tysons Corner from a car-dominated tangle of offices, malls and auto dealers into a livable city will start moving ahead in the coming weeks.
Fairfax County leaders and landowners are unveiling sweeping proposals to build densely packed high-rises, miles of new streets, and enough parks, schools, police stations and firehouses to serve an entirely new place.
The results could determine the future not only of Virginia’s mightiest jobs hub, but also what happens across the country. Urban-renewal leaders are looking to Tysons as a model.
read more @ the SOURCE: washingtonpost.com – Plan to Remake Tysons Corner Envisions Dense Urban Center