Tag Archives: lines

Pahrump utility offers transmission lines to Dallas company

Power lines to connect Wyoming wind energy to Las Vegas

Thursday, Sept. 14, 2017|10:37 a.m.

RAWLINS, Wyo.– Building on transmission lines to link energy produced from wind farms in southern Wyoming to southwestern states is planned to begin in 2019.

Wyoming Tribune Eagle reported today that the TransWest Express Transmission Task is wanting to construct 730 miles of transmission lines with 3,000-megawatt capability.

The lines would connect from a terminal outside Rawlins, Wyoming, and go through northwest Colorado and Utah to end at another terminal near Las Vegas.

The lines would allow markets in California, Nevada and Arizona to access the energy.

The power will be created from the southern Wyoming Chokecherry and Sierra Madre Wind Energy Job that started setting up 500 of 1,000 planned wind turbines in 2015.

TransWest is negotiating easements for the route with hundreds of personal property owners.

Associated JV Lines Up $1.5 Billion Contruction Loan for Next Hudson Yards Tower

Deutsche Bank Reported to be Intrigued in Relocating Wall Street HQ to Planned 2.9 Million SF Tower

Perspective rendering of 50 Hudson Yards
Point of view rendering of 50 Hudson Yards Associated Companies, Oxford Residence Group and Mitsui Fudosan America, Inc. today announced the closing of a $1.5 billion senior construction loan for 50 Hudson Yards, which represents the last piece in the $3.8 billion funding of the enormous development’s flagship tower.

Wells Fargo, Deutsche Bank, HSBC, Bank of China and Sumitomo Mitsui Banking Corp. arranged the final construction loan for the 59-story, 2.8 million-square-foot tower scheduled for completion in 2022, which will be anchored by BlackRock, Inc., one of the world’s largest investment management business. Deutsche Bank is also reportedly considering 50 Hudson Yards as the German financial institution tries to find 1.3 million square feet in Manhattan to relocate its head office from 60 Wall Street.

The building and construction loan at 50 Hudson Yards, which completes the $2.3 billion capital devoted by partners Related, Oxford and Mitsui Fudosan, represents the complete capitalization for the very first phase of development at Hudson Yards, which now goes beyond $18 billion, including in 2015’s recapitalization of 10 Hudson Backyards, the 1.7 million-square-foot, 52-story workplace tower completed in 2015.

“The pace of industrial leasing at Hudson Yards has been nothing except unmatched, and with all of the commercial area in the neighboring workplace towers successfully spoken for, we are delighted to present 50 Hudson Yards to the marketplace,” Jeff Blau, CEO of Related Companies, stated in a declaration.

John E. Westerfield, CEO of Mitsui Fudosan America, added that the company’s confidence in the Hudson Yards project and its collaboration with Related “has been strongly verified by the outstanding leasing results we have actually attained at 55 Hudson Yards.”

Related, Mitsui and Oxford likewise partnered on the 1.3 million-square-foot 55 Hudson Yards, which is set up to open in 2018, with inaugural anchors that include Boies, Schiller & & Flexner, Cooley LLP, Intercept Pharmaceuticals, Milbank, Tweed, Hadley & & McCloy LLP, MarketAxess, Point72, Third Point and Silver Lake.

Teamsters set up picket lines at SLS Las Vegas

The Teamsters Union established picket lines at the SLS Las Vegas on Wednesday, whining the hotel-casino is not permitting its valet parking attendants to form a union.

Teamsters Regional 986 organized the protest, which the union claims is supported by other labor companies.

“The picket signs increased at 4 a.m. and we will stay here until the SLS management stops breaking the law and respects the employees’ right to form a union,” said Chris Griswold, Secretary-Treasurer of Resident 986. “Other unions are honoring our picket lines and the employees have strong community support.”

The union asserts SLS management committed unjust labor practices and fired 3 workers for supporting the arranging campaign.

In a statement, SLS Las Vegas officials didn’t officially attend to the charges leveled by the Teamsters. More than half of the 1,600-room resort’s work force are union members.

“SLS Las Vegas has a strong history of working collaboratively and freely with every union our employees choose to represent them,” according to the statement from the hotel-casino. “Ought to more follow suit, we intend to work with any union they choose in the spirit of discovering a reasonable contract.”

SLS Las Vegas opened last year on the north end of the Strip as a redevelopment of the Sahara, which enclosed 2011.

Contact press reporter Howard Stutz at hstutz@reviewjournal.com!.?.! or 702-477-3871. Discover @howardstutz on Twitter.