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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

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.

Posted by: davidc@ccr-mag.com
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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

Posted by: davidc@ccr-mag.com
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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

Posted by: davidc@ccr-mag.com
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Tranwestern’s Houston corporate headquarters earns LEED® Silver Certification
posted on Jul 30 14

Transwestern‘s corporate headquarters office in Houston received LEED Silver certification from the U.S. Green Building Council (USGBC) in Leadership in Energy and Environmental Design (LEED) for Commercial Interiors. Transwestern renovated 58,008 square feet between three floors. Construction began in June 2013 and was completed in March 2014. The new design reduced lighting usage by 0.15 watts per square foot, or approximately 22,500 kWh per year. This reduction results in $2,250 approximate savings per year on lighting, before accounting for the occupancy sensors that reduce the daytime load.

Posted by: davidc@ccr-mag.com
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Dollar Tree to acquire Family Dollar Stores for $9B
posted on Jul 29 14

A merger between Dollar Tree and Family Dollar has been supported by both retailers’ boards in a deal valued at up to $9 billion. Both discount stores, but Family Dollar in particular, have struggled as they confront competition from Wal-Mart. Combined, the stores’ sales will top $18 billion and more closely rival that of the country’s top discounter, Dollar General. Read The New York Times story here

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