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Bill Newbold, senior director of operations for Cycle Gear, give us an inside look at how the retailer is ramping up for 2014 and beyond.

Today in the news

CiCi’s Pizza reveals create-your-own station in remodel
posted on Aug 01 14

CiCi’s Pizza opened a remodeled restaurant in Texas last week that featured a create-your-own pizza bar. CiCi’s, known for its buffet and endless pizza options, added the create-your-own station in a effort to give consumers more options. The remodel will be a testing site for additional innovations moving forward. Read the Nation’s Restaurant News story here

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New Metro rail line opens in Northern Va.
posted on Aug 01 14

The Washington Metropolitan Area Transit Authority‘s new Silver Line opened recently, adding more than 11 miles of track in Tysons Corner and Reston, Va. The new rail line is the WMATA’s first expansion in over a decade and was funded with the help of a $900 million federal grant. But with a price tag of an estimated $5.6 billion, officials say it is one of the largest transit expansions underway in the U.S., with phase two of the project — adding a stop at Dulles airport — slated for completion by 2018. Read The Hill story here

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JE Dunn lands new patient tower at Clearwater, Fla., hospital
posted on Jul 31 14

JE Dunn Construction Company has been selected as the general contractor for a new five-story patient and surgical tower project at Morton Plant Hospital in Clearwater, Fla. The project is part of a four-year, $200 million campus transformation program for the hospital, which is part of BayCare Health System. The tower will be integrated with the existing hospital structure while featuring an additional main entrance to the facility. The project consists of approximately 230,000 square feet of new construction and 154,400 square feet of renovation. Construction is set for spring 2015 with substantial completion scheduled December 2016. Features and services of the tower will include a new surgical center, orthopedics units and women’s center. A gift shop, coffee/café bar, guest services, and conference rooms will be among the facility’s visitor amenities. Gresham Smith and Partners is the architect of record.

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Buyer competition drives up hotel pricing
posted on Jul 31 14

The average selling price per hotel room rose 28 percent to $150,223 in the first half of 2014, compared to the same period in 2013, according to Lodging Econometrics. Competition is strong, with REITs and private equity targeting the best properties. Read the GlobeSt.com story here

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Dick’s Sporting Goods continues growth
posted on Jul 30 14

Dick’s Sporting Goods has gained a competitive edge, operating more than 560 full-line stores and 84 golf-specific outlets. Leadership has announced goals to operate more than 800 large- and small-format stores in 2017, largely in underserved markets. Read the Morningstar story here

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