The former Maui Lu Resort on Maui, Hawaii, has been purchased by The Capbridge Group and is slated for redevelopment into a 388-unit timeshare resort operated by Hilton Grand Vacations. The $300 million property is expected to open by 2017 and will include a fitness center, a swimming pool and activity centers for children and teens. Read the American City Business Journals/Honolulu story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging