Mixed project with hotel will rise on Calif. gas plant site

A complex including a hotel, 2,290 housing units, 510,000 square feet of office space and a 22.5-acre park will be built on the site of a 74-year-old natural gas plant in Rodondo Beach, California, that's set to be closed and be razed this year. Next Century Power, a partner in Los Angeles-based SLH Investment, bought the 49-acre property from AES Corp. in 2018. GlobeSt

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January 26th, 2023
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Hotel construction shows signs of life

Hotel construction, which has declined for the past two years. showed a slight increase at the end of the year, STR reports. Luxury and upscale hotels in Dallas, New York and Phoenix have the largest percentage increases in construction. Lodging  

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