Waterfront businesses to reopen on time, anticipate the 'strongest summer since 2007'

At least one waterfront construction project is on schedule: The 15 waterfront businesses that closed last fall to make way for the Elliott Bay Seawall replacement are set to reopen on time.

The businesses, which include popular restaurants such as Ivar’s Acres of Clams and Elliott’s Oyster House, will swing open their doors on July 1, just as the sun breaks through.

The nine-month closure put the normally tourist-packed area of the waterfront into a sleepy state, but Ivar’s President Bob…

Details of Exxon Mobil's $225M settlement in New Jersey go public

The details of Exxon Mobil Corp’s (NYSE: XOM) unprecedented $225 million settlement with New Jersey were posted April 6 on the state’s website.

Irving, Texas-based Exxon will pay that money to the state in addition to the cost needed to remediate environmental damages from refineries in Bayonne and Linden.

It’s the second-largest payout in U.S. history, second only to the Exxon-Valdez spill payout in Alaska.

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“Under this settlement,…

Orlando OKs $4M deal for new road in Lake Nona

The Orlando City Council on April 6 gave the green light to contributing $4 million into building a new entryway to Lake Nona’s planned U.S. Tennis Association complex.

The city council approved putting a $2.2 million grant from the Florida Department of Transportation’s Economic Development Transportation Project Fund on behalf of the USTA toward paying back developer Lake Nona Central LLC for a portion of the cost to design and build a new USTA Boulevard.

Construction on the boulevard, described…

Monument Realty to build new headquarters for NAB near Nats Park

The National Association of Broadcasters announced Monday that it will move its headquarters from Dupont Circle to a new 10-story office building in the Capitol Riverfront neighborhood.

The site, at M and South Capitol streets SE, is controlled by Monument Realty and Angelo, Gordon & Co. It is the last of Monument’s Navy Yard-area parcels.

The NAB, which expects to relocate from its current headquarters 1771 N St. NW in the fall of 2018, said the agreement with Monument and Angelo Gordon “is…

Springboro auto shop to nearly double in size

A Springboro auto shop is proposing a building expansion to nearly double in size.

The Restoration Station is proposing a 2,400-square-foot addition to its building at 250 Hiawatha Trail. Doing so will allow the shop, which works mainly in Corvette restorations, to add new employees as well, said owner Jeffrey Bernhardt.

“We’re a year out on some of our restoration work, and this will help us get a handle on it,” Barnhardt said.

The company’s mechanical repair business moves more quickly, but…