Posted in renovation

Cragun’s Resort $20 Million Renovation Continues During Pandemic

BRAINERD, Minn., Oct. 8, 2020 /PRNewswire/ — Eric Peterson, General Manager of Cragun’s Resort in Brainerd, MN, is one of the most positive people you’ll meet. Give him lemons and he’ll gladly take them and say “Thanks – Free Lemons”! Which is exactly the positive attitude Peterson and Cragun’s have taken during the Coronavirus Pandemic.

This coming winter marks the half-way point of Cragun’s $20 million-dollar resort expansion and improvement project. In late 2015, Cragun’s embarked on an aggressive plan to remodel, replace and add new amenities and lodging to ensure the resort’s continued success. When the pandemic started to slow things down in March, Peterson took the opportunity to ramp up construction in several areas of the resort. This enabled Cragun’s to keep people employed and make significant progress in the improvement plan.

“Over the years, Cragun’s guests have told us how much they appreciate our

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Posted in lowe's home improvement

Lowe’s gives $100 million more in bonuses to hourly employees

Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020.

David Paul Morris | Bloomberg | Getty Images

Lowe’s said Wednesday it will give $100 million more in bonuses to hourly employees, as strong demand for home improvement continues.

It marks the sixth time the home improvement retailer has given additional pay to workers at its stores, distribution centers and support centers during the coronavirus pandemic. It gave bonuses to part-time, full-time and seasonal employees in March, May, July and August. It also increased pay by $2 an hour for April. 

With the latest round, the home improvement retailer will have paid more than $675 million in additional pay to employees this year. It will pay the latest bonuses on Oct. 16. Full-time hourly employees will receive $300 and part-time and seasonal hourly employees will receive $150.

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Posted in lowe's home improvement

Lowe’s Provides Additional Bonus To Support Associates, Increasing Pandemic Commitment To More Than $775 Million

MOORESVILLE, N.C., Oct. 7, 2020 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE: LOW) today announced it will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of Lowe’s communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.

All active hourly associates in Lowe’s U.S. stores, distribution centers and store support centers will receive the bonus on Oct. 16. Full-time hourly associates will receive $300, and part-time and seasonal associates will receive $150. The October bonus will match the funds Lowe’s provided to all hourly associates in March, May, July and August.

“Throughout the spring, summer and now into fall, our front-line associates have shown remarkable resilience and dedication to our communities in the most trying times we have faced together,” said Marvin R. Ellison, Lowe’s president

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Posted in renovation

Harveys Lake Tahoe Completes Room Renovation As Part Of $41 Million Total Investment

The renowned resort now offers 519 redesigned guest rooms in the Tahoe Tower, in addition to the previously remodeled balcony suites in 2018, as well as the new Gordon Ramsay HELL’S KITCHEN Lake Tahoe

LAKE TAHOE, Nev., Oct. 5, 2020 /PRNewswire/ — Harveys Lake Tahoe Hotel & Casino has completed the renovation of all 519 guest rooms in the famed resort’s Tahoe Tower as part of a $41 million total property investment over the past two years. The tower’s balcony suites, with incredible views of the lake, were also remodeled in 2018.

(PRNewsfoto/Caesars Entertainment Inc.)
(PRNewsfoto/Caesars Entertainment Inc.)

* For high-res images, click here*

“First opened in 1944, Harveys Lake Tahoe is an iconic resort on the South Shore and continues to offer enhanced amenities for guests to enjoy, including the newly redesigned rooms,” said John Koster, senior vice president and general manager for Harrah’s and Harveys Lake Tahoe. “The completion

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Posted in improvements

$4.4 million in improvements recommended for Portage airport; City costs estimated at $300,000 | Local Government

The current design of the airport is functional for small aircrafts that can seat up to six passengers.

The city has three development options to upgrade the airport. The first would cost approximately $4.4 million and would require the city to acquire nearby land. City costs for that option would be about $300,000 due to the availability of state and federal funds. 

Option one would include shortening the usable length of the runways, from about 3,700 feet to 3,300 feet and redeveloping current hangers and terminals to bring the airport into safety compliance with the FAA.

“This is the safety and compliance option,” said Watson. “It does not impact any surrounding roads, it does not impact any surrounding residential property. Overall, of the options, this is the least impactful option.”

While this option is the most inexpensive and least disruptive to residents and nearby homes, it would decrease the usable

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Posted in home remodeling

In Palm Springs, Bob Hope’s former home seeks $1.5 million

A piece of Palm Springs history just surfaced for sale in the desert as the longtime home of Bob Hope has hit the market for $1.5 million.



a view of a house: The remodeled ranch known as "Home of Hope" wraps around a deck with a swimming pool and citrus trees. (Realtor.com)


© (Realtor.com)
The remodeled ranch known as “Home of Hope” wraps around a deck with a swimming pool and citrus trees. (Realtor.com)

Hope and his wife, Dolores, owned the 1930s home for more than half a century. They bought it in 1946, and after both had passed away, their estate sold it in 2013, according to a plaque on the front gate identifying the property as the “Home of Hope.”

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It’s not Hope’s most impressive Palm Springs home; that’d be found a few miles south, where a Modernist masterpiece built by John Lautner is nestled up against the mountains. The dazzling, futuristic gem broke a record when it sold for $13 million in 2016.

This one’s a bit humbler, fitting five

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Posted in improvements

Hillsborough leaders want input on $13.8 million improvements to West Shore Boulevard

The proposed project is part of a local and state effort to improve pedestrian safety and bring new business to the area.

TAMPA, Fla. — Leaders in Hillsborough County want the public’s input on a new $13.8 million project to transform Tampa’s West Shore Boulevard.

The expansive proposed improvements will include more sidewalk space, pedestrian and bike paths, improved landscaping and more.

The county is asking for feedback on the project, spanning from W. Kennedy Boulevard to W. Boy Scout Boulevard, as part of upgraded safety changes to add new business to the area.

You can let leaders know online through a virtual public forum between Sept. 30 and Oct. 15.

The proposed project will establish West Shore Boulevard as a Grand Boulevard consistent with the West Shore community’s vision, including shade trees, wider sidewalks, pedestrian lighting, amenities and streetscaping that, along with property redevelopment, will ultimately transform the corridor

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Posted in improvements

HJ Sims Secures $6.5 million Additional Debt Financing for Capital Improvements

FAIRFIELD, Conn., Sept. 30, 2020 /PRNewswire/ — HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the successful August 2020 transaction in the amount of $6.5 million additional debt financing for capital improvements for the Philadelphia Protestant Home (PPH). PPH operates a continuing care retirement community in northeast Philadelphia, featuring 266 independent living units, 175 personal-care units and 126-bed nursing facility.

hjsims.com
hjsims.com

PPH has been funding capital improvements from general fund revenues. To efficiently manage cash-flow, PPH elected to finance $6.5 million of upcoming capital improvements. Sims, as financial advisor, developed a financing plan that provided for the funding of the required capital improvements, while implementing a structure that maintained maximum flexibility to maintain their debt service at manageable levels.

Prior to engaging PPH’s existing banking partner, Citizens Bank (Citizens), Sims worked with the PPH Fiscal Oversight Committee

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Posted in improvements

Monument trustees approve $22 million financing plan to fund water system improvements | Thetribune

MONUMENT • The Monument Board of Trustees has authorized a major move to fund water improvement projects over the next three years.

At the board’s Sept. 21 meeting, they heard recommendations from town staff and special legal counsel regarding the potential for using the sale of revenue bonds to fund major improvements to its water system over the coming years.

However, instead of revenue bonds, it was recommended Monument create an ordinance to enter a site lease agreement and lease purchase agreement to market Certificates of Participation (COPs) — an alternate form of financing.

Town attorney Andrew Richey presented the finer details of the agreement, with bond counsel provided by Nate Eckloff of Piper Sandler and Kimberly Crawford of Butler Snow Law Firm. Both counsels recommended the certificates to help maximize the town’s budgetary flexibility in financing the water projects.

Presently, the town has a 2A water fund and an

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Posted in fireplace remodel

John Legend And Chrissy Teigen Drop $17.5 Million On Another Contemporary Beverly Hills Home

Affirming their quest for world domination, John Legend and Chrissy Teigen purchased another Beverly Hills mansion for $17.5 million. Already acing life in social media, food, fashion, music, awards, books, politics and real estate, the celebrity couple’s knack for making news is, well, Legendary. Life is good.

Recently, Legend and Teigen listed their high-design Beverly Hills residence for $24 million, and revealed a third baby is on the way. So upgrading their living arrangement while downsizing expenses makes sense. Plus, this hard-working entertainment duo is always on the move anyway. Who’s to stop them from doing whatever they want?

From

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