School board approves West End land swap for FC Cincinnati stadium
The Cincinnati Public Schools Board of Education unanimously approved a land swap on Tuesday night that will help pave the way for FC Cincinnati to build a Major League Soccer stadium in the West End.
The vote ends months of back and forth between the board and the club, which is hoping to land a new stadium and receive a Major League Soccer bid sometime soon. The issue now moves to the Cincinnati City Council, where one member who may hold a swing vote on city approval of the plan cast doubt on…
Brinker restaurant company sells longtime headquarters
Restaurant powerhouse Brinker International Inc. has sold its longtime headquarters at 6820 LBJ Freeway to new owners that have agreed to lease the 110,000-square-foot office complex to Dallas County.
Brinker (NYSE: EAT), the casual-dining restaurant company behind Chili’s Grill & Bar and Maggiano’s Little Italy, has occupied the property since 1983.
Dallas County plans to consolidate several offices into the building, although it was not immediately clear which ones.
Terms of the sale…
Column: Fiduciary Madness
In the midst of college basketball’s March Madness, where seemingly no high-seeded team was safe from elimination, the Fifth Circuit Court of Appeals struck down what has come to be known as the Fiduciary Rule, the Obama-era regulation that more broadly defined when a person is acting as a fiduciary by reason of providing investment advice for a fee regarding the assets of a retirement plan, IRA and certain other investment arrangements.
Praised by investor advocates, and generally reviled by…
Cobalt’s $87 million proposal would transform 70th Street in West Allis: Slideshow
Milwaukee developer Cobalt Partners plans to transform a 23-acre swath of 70th Street in West Allis into an urban neighborhood with offices, stores, public squares and higher education.
The $87 million redevelopment includes demolishing a large and mostly vacant former Allis Chalmers building on the east side of the street. It also would redevelop West Allis-West Milwaukee School District properties on the west side. Cobalt Partners president and CEO Scott Yauck is deep into discussions with West…
451 Elmwood hearing attracts critics and supporters
Elmwood Crossing project still needs several approvals.
Large commercial real estate firm hires senior managing director for Triad and Triangle offices
One of the Triad's largest commercial real estate firms has a new senior managing director.
CBRE (NYSE: CBRE) Triad and CBRE Raleigh announced that Tom Fritsch had been promoted to senior managing director for the Raleigh and Triad markets. While Fritsch will remain based in Raleigh and continue to oversee the Raleigh market, he will now have oversight responsibility for the Triad market and handle the overall operations of both offices.
Fritsch has served as managing director of CBRE Raleigh…
The top 10 highest-paid Ohio workers racked up lots of overtime
What's one of the surest ways to work for the state and still earn really good money?
Overtime. Lots and lots of overtime.
If you're willing to put in a lot of extra hours, and you work for a department that allows that, you can rise to the peak of the state's pay range.
For seven of the top 10 state earners, overtime pay made up at least 25 percent of their total pay.
For example, Dr. Zinovi Goubar, a psychiatrist in the Department of Mental Health & Addiction Services, has been the…
New York City food service supplier to open Ohio location
A New York City-based food service supplies retailer will open its first Dayton-area location.
Restaurant Depot will begin construction of its Harrison Township location at 3700 Keats Drive this month, according to a news release. The 55,000-square-foot store will employ about 40 people, and the retailer is investing about $7 million to build the facility.
Founded in 1990, Restaurant Depot supplies restaurants and other food businesses with such products as food, wine and spirits, kitchen supplies,…
Merriman’s starts hiring for Kakaako restaurant ahead of summer opening
Peter Merriman’s newest eponymous restaurant in Kakaako has started hiring ahead of its June opening.
Merriman’s, which will be the anchor tenant of Howard Hughes’ Anaha condominium tower, is looking to hire 130 employees, including hosts, servers, food runners, bartenders, prep cooks, bakers and dishwashers.
The restaurant is being led by Executive Chef Jon Matsubara and General Manager Brandi Romain.
The 6,000-square-foot restaurant is the fifth in the Merriman’s portfolio and the…
Hawaii’s 10th Wendy’s restaurant planned for Windward Oahu site
Hawaii’s 10th Wendy’s restaurant will open next year in Kailua, on a site leased from Alexander & Baldwin that was once a Tesoro gas station.
Cotti Foods Inc., the franchisee for Wendy’s (Nasdaq: WEN) and Pieology in Hawaii, recently inked a deal for the half-acre parcel at 1143 Kailua Road, next door to Koolau Farmers garden center and across from the YMCA of Honolulu’s Windward Branch. The site is also less than a half mile from Kailua High School.
Wendy’s plans to build the same footprint…