Elevator World

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

CHICAGO PLANNERS OK PAIR OF MIXED-USE DEVELOPMENTS

Chicago officials have approved plans for a pair of developments that would bring 920 residences, office space and hotel rooms to the New Fulton Market area, Block Club Chicago reports. The plans include a 49-story tower at 725 West Randolph Street, developed by Related Midwest, and a 33-story building at 1150 West Lake Street by LG Development. The West Randolph proposal had earlier called for a 58-story tower (ELENET 720), but the reduced-height building will include 370 apartments and a 240-room hotel, plus an adjacent 15-story office building. The towers would share a four-story podium with parking, retail and a gym. On West Lake Street, LG hopes to build a 33-story apartment tower and an 11-story office building, both offering ground-level retail. The residential building would have 550 units, up from 484 originally proposed. The US$315-million plan would include 110 units priced for lower-income residents.

Image credit: courtesy Block Club Chicago

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

OTIS INDIA LANDS 112-ELEVATOR ORDER FOR BENGALURU METRO

Otis India has been awarded a 112-Gen2® elevator contract for the second phase of the Bengaluru Metro (also known as the Namma Metro) project of Bangalore Metro Rail Corp. Ltd. (BMRCL). The units will be manufactured at Otis' Bengaluru facility. The Namma Metro is expected to be India's third-longest metro network once complete in 2023. It will cover 27 stations connecting the city's manufacturing and technology hubs of Electronics City and Whitefield. The work is being overseen by BMRCL, which is a joint entity of the governments of India and Karnataka. Otis India President Sebi Joseph said the project reflects the company’s “deep commitment to the ‘Make in India’ initiative.”

Image credit: courtesy of Otis India

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

REGISTRATION FOR NAEC SPRING EDUCATIONAL CONFERENCE

Registration is open for the National Association of Elevator Contractors (NAEC) Spring Educational Conference, planned this year at the Wild Dunes Resort in Isle of Palms near Charleston, South Carolina, on April 19-22. Rates go up on March 18. NAEC expects more than 250 attendees at this year’s event, which will feature educational sessions; roundtable discussions; NAEC President Don Gelestino’s State of the Association address; keynote speaker, author and motivator Jones Loflin; networking; business development; and fun and relaxation.

Image credit: courtesy of Wild Dunes Resort

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

OTIS INDIA FACTORY EARNS IGBC GOLD RATING

Otis announced its factory in Bengaluru, India, received a Gold Rating from the Indian Green Building Council (IGBC). The program encourages green concepts and techniques in the industrial sector and requires factories to meet certain requirements relating to design, occupational wellness, indoor quality and conservation of water, energy and materials. Also recently recognized by Manufacturing Today with its “Excellence in Supply Chain” award, the factory has doubled its manufacturing capacity since opening in 2014, Otis India President Sebi Joseph said.

Image credit: courtesy of Otis

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

MIXED-USE TOWER IN NYC’S DOMINO PARK NEARLY COMPLETE

One South First, a 435-ft-tall, 45-story mixed-use development on the waterfront in the Williamsburg, NYC, Domino Park development, is nearly completed, with exterior work finishing, leasing underway, and the exterior hoist coming down, New York YIMBY reports. Designed by COOKFOX and developed by Two Trees, the “two legged” tower contains 330 rental residential units, 66 affordable units, 150,000 ft2 of office space over 22 floors and ground-level retail. A 53-ft-tall shipping-container display decorated with a mural by French street artist JR depicting NYC landmarks such as the World Trade Center, Empire State Building and the Williamsburg Bridge stands adjacent on the site of the proposed Domino Park skyscraper, for which a timeline has not yet been announced.

Image credit: courtesy by Michael Young for New York YIMBY

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

MALL OF AMERICA STATION OPENS WITH NEW ESCALATORS

Minneapolis/St. Paul's Metro Transit opened the Mall of America station in Bloomington, Minnesota, on February 14, following more than a year of renovation. The US$25-million project for the station, on the east side of the megamall, now serves passengers for the Blue Line light rail; Red Line rapid bus; and nine local bus routes, with more to be added, Star Tribune reported. The largest transit hub in the state now boasts escalators that deposit transit passengers directly inside the mall, as opposed to requiring them to walk outside before entering. Approximately 44 million customers visit the mall annually, with nearly 3 million using the station and transit as their entry point.

Image credit: courtesy of Minneapolis/St. Paul Metro Transit

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

KONE OUTFITTING N.C. CASINO RESORT WITH ELEVATORS

KONE plans to start outfitting Harrah's Cherokee Casino Resort in Cherokee, North Carolina, with 16 elevators in August. The Eastern Band of Cherokee Indians selected Whiting Turner Contracting Co. as general contractor for the development, which includes more than 700 hotel rooms in a 19-story tower, 83,000 ft2 of conference space, shops, restaurants, a pool, a fitness center and a 2,000-space parking garage. KONE expects to complete elevator installation in 2021.

Image credit: courtesy of Harrah's

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

KONE WITHDRAWS BID TO PURCHASE THYSSENKRUPP ELEVATOR

KONE announced on February 17 it has decided to withdraw from discussions to purchase thyssenkrupp Elevator. The company said that, while it believes a combination of its business with thyssenkrupp Elevator would have been "strategically compelling," any acquisition it pursues "would need to come with terms and conditions that are in the best interest of its shareholders, employees and customers." thyssenkrupp said earlier in the month that a sale of its elevator business was "iminent," with analysts expecting the deal to fetch about EUR17 billion (US$18.44 billion). KONE's was one of four bids being considered, but sources reported that Schindler and, probably, Otis would have likely forced a lengthy delay of the deal through worldwide legislation, had the Finland-based vertical-transportation company won the competition.

Image credit: courtesy of wikipedia

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

ORACLE ACQUIRES MARYLAND-BASED LANDMARK ELEVATOR

Tampa-based Oracle Elevator has acquired Landmark Elevator, the company recently announced. Landmark, a provider of service, modernization and new installation in Maryland, Virginia, West Virginia and Pennsylvania, is a family-owned business founded in 2001. Oracle said the acquisition will be the foundation for its northeast expansion plans as it positions itself to be "the leading independent alternative to the multinational elevator companies." Landmark represents Oracle’s 32nd acquisition since 2004. It operates across 45 markets in 20 states.

Image credit: courtesy of Oracle Elevator

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

1,000-FT GLASS ELEVATOR OK'D FOR CHICAGO'S AON CENTER

Chicago's Department of Planning and Development has approved a plan by developer 601W and architects Solomon Cordwell Buenz to add the tallest exterior glass elevator in North America to Aon Center, Archinect reports. The US$185-million project, first announced in March 2019, would add a 1,000-ft-tall exterior elevator, which would whisk visitors up to an observation deck. The plan includes a thrill ride on the roof of the 1,136-ft-tall tower that would let those daring enough hang over the side in a gondola-type enclosure. Work is expected to begin later this year, with completion targeted for 2022.

Image credit: courtesy by Solomon Cordwell Buenz

To read the full transcript of today's podcast, visit: elevatorworld.com/news

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