The hotel capacity in New York’s Union Square area is set to double when the Jade Hotel and the Hyatt Union Square open this spring. Damage caused by Hurricane Sandy last year forced the launch of the two properties to be postponed. Meanwhile, the W New York-Union Square has started on a $15 million “gut renovation.” Read Crain’s New York Business story here.
Stone Martin Commercial finishes first ground-up project in Alabama
Stone Martin Commercial, a division of Stone Martin Builders, a leading homebuilder in Alabama, completed construction on its first ground up build project, the Wyndham Industrial Warehouse in Opelika, Alabama. This achievement signifies