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April 6, 2015

Derby drops incentives for meeting space developers

The city of Derby is ending a program that offered tax incentives to businesses that wanted to develop new meeting spaces.

The Derby Informer reports the program started in 2011, when city leaders believed the community needed more meeting spaces. No businesses took advantage of the incentives, so the city decided to include meeting spaces in parks it was developing with revenue from a sales tax approved in 2013.

Now that the city has created its own meeting spaces, it wants to take the incentive…

By SEO Admin
April 6, 2015

Houston developer closes on prime property near downtown for luxury apartments

A multifamily developer has purchased a prime piece of real estate near downtown for a new luxury apartment project that the city of Houston hopes will revitalize the neighborhood.

Lee Zieben, an award-winning luxury homebuilder-turned-apartment-developer, plans to build a four-story, 350-unit Class A apartment on a portion of Hardy Yards, a long-vacant railcar maintenance yard in Houston’s Near Northside neighborhood.

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By SEO Admin
April 6, 2015

Discovery Communications CEO receives $156.1 million in 2014 compensation

Discovery Communications Inc. CEO David Zaslav received $154.1 million in compensation in 2014. That makes him one of the highest paid corporate executives in the country.

While the number is eye-popping, the Wall Street Journal points out the bulk of that amount came from stock awards and options, which will actually come over the six years of Zaslav’s contract, signed in January 2014.

Silver Spring-based Discovery (NASDAQ: DISCA) has had a rough go with falling ratings for many of its marquee…

By SEO Admin
April 6, 2015

New Wizards practice facility may be on the way for Howard University

The Wizards want a new practice facility, and they’re talking about setting up shop on Howard University’s campus.

The Washington Post reports Howard officials, developers StonebridgeCarras and the Jarvis Co., and the Wizards’ ownership are in early talks to build a publicly financed practice facility that would be part of a mixed-used development located on the school’s campus, north of U Street.

The potential deal would work like this: Howard would provide as much as two acres of land between…

By SEO Admin
April 6, 2015

Nats forge partnership with White House Historical Association

We already know the Washington Nationals love their history and their U.S. presidents. What other team in Major League Baseball, or Major League Anything, has the racing presidents? That’s right. No other team.

So it’s only logical this step would come with the Nats: The team is teaming with the White House Historical Association, the two — a professional baseball team and a privately financed, non-profit, non-partisan educational group — announced in a press release.

You know the White House…

By SEO Admin