The State’s Largest Historic Renovation in Downtown Dallas Lights Up

Ten years ago, the vertical white lights on the former First National Bank tower were turned off after the building closed. Now the 55-year-old Elm Street landmark is being transformed as part of a $450 million redevelopment project. Award-winning real estate firm Todd Interests is developing office spaces for tenants like Downtown Dallas Inc., as well as luxury apartments, restaurants, retail, and a 219-room Thompson Hotel. Renamed The National, the 52-story high-rise is scheduled to open by the end of this year. The lights have already been turned back on.

This is one of the state’s largest adaptive reuse projects, and DDI will stake its claim on a bottom floor space that will be visible from the street. This has for years been downtown’s largest vacant block, a monstrous building covered in fencing whose developers just couldn’t get the financing to make what they called the Drever a reality. But

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Titan Home Improvement Announces Acquisition of Paradise Home Improvement, and Climbs to #3 Largest Remodeler in US

FORT LAUDERDALE, Fla., Sept. 8, 2020 /PRNewswire/ — Titan Home Improvement  (“Titan”), based in Fort Lauderdale, FL, today announced the acquisition of Paradise Home Improvement (“Paradise”), a South Carolina-based provider of replacement and remodel windows and doors, bathrooms, roofing and other home improvement products.  Paradise represents Titan’s fourth acquisition since Titan was founded in early 2019 and furthers Titan’s stated mission to aggregate best-in-class home improvement contractors across the US.  Titan started building its portfolio with the acquisition of Florida-based FHIA Remodeling in 2019, followed by the acquisitions of Statewide Remodeling, Mad City Home Improvement, and now Paradise. Paradise was founded in 2012 and currently has services Charlotte NC, Greensboro NC, Apex NC, Hickory NC, Greenville SC, Columbia SC, Charleston SC, and Knoxville TN. 

“We are thrilled for this new chapter and to be a part of Paradise’s growth

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Malaysia’s largest home-improvement retailer seeks $361m in IPO

KUALA LUMPUR — Home-improvement store operator Mr DIY Group of Malaysia opened its initial public offering for bids, aiming to raise 1.5 billion ringgit ($360.6 million) in what would be the country’s largest stock market listing since 2017.

The company on Tuesday unveiled its prospectus, an important step to listing on the main board of Kuala Lumpur’s stock exchange, known as Bursa Malaysia. Mr DIY’s first two attempts at listing — late last year and the first half of 2020 — were shelved amid the coronavirus pandemic.

The offering would give the company a market capitalization of 10 billion ringgit post-IPO, CEO Adrian Ong said at an online news conference after the prospectus was released.

Mr DIY is targeting a retail price of 1.60 ringgit a share, with the institutional offering consisting of 779.95 million shares and 161.53 million shares allocated for the retail offering.

“We today have a 29%

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10 countries that have seen the largest GDP contractions

The Telegraph

France rebuffs UK’s drone offer to stop Channel migrants leaving beaches in first place

France is rebuffing Britain’s offer of a hi-tech surveillance drone to help stop Channel migrants leaving its beaches despite the craft’s success in smashing a people smuggling gang. Dan O’Mahoney, the Home Office’s new migrants commander, met with French ambassador Catherine Colonna yesterday to urge her Government to step up its surveillance effort by using the UK’s Tekever AR5 drone which can stay in the air for 20 hours. The Home Office believes preventing the migrants leaving the coast is critical and follows British criticism of France’s refusal to turn back migrants at sea and instead shepherd them into British waters. Yesterday (Tues) saw at least 300 more migrants in 27 boats cross the Channel, the second biggest one-day total on record. The current record for small boat arrivals is 416, set on September

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Legacy Bath and Kitchen Ranked as one of America’s Largest

SAN ANTONIO, TX – Legacy Bath and Kitchen, a San Antonio based remodeling company, has been ranked in Qualified Remodeler’s list of the top 500 remodeling companies in the nation.

Qualified Remodeler is a leading publication in the remodeling and home improvement industry. This is the publication’s 42nd annual TOP 500 Remodelers list. They have ranked Legacy Bath and Kitchen number 203 out of 500 remodeling companies. The criteria used to determine their placement in the ranking includes total remodeling revenue, years in business, industry association memberships, industry certifications, industry awards and community service.

Legacy Bath and Kitchen recently went through a total rebrand and like many local businesses, has faced difficult times during the COVID-19 pandemic and financial crisis.

“To be on this list in the midst of a rebrand and economic crisis shows us that our efforts to run an exceptional remodeling business are paying off,” Krishelle Hicks,

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Titan Home Improvement Announces Acquisition of Paradise Home Improvement and Climbs to #3 Largest Remodeler in US

“We are thrilled for this new chapter and to be a part of Paradise’s growth under Titan’s ownership. With the resources that Titan has in place, we should be able to significantly grow our market share and provide our excellent service to more customers than ever before,” said Jeffery Becker, General Manager of Paradise.

Mel Feinberg, Chairman of Titan, commented that “we welcome Paradise and its employees to the Titan organization.  Joe Schuette [Paradise’s founder and former owner] did an amazing job building a great team and culture here at Paradise, and we look forward to taking the business to the next level over the coming years.”

The acquisition of Paradise will serve to further grow Titan’s broad network of providers.  Last month Titan was proud to learn that the “Remodeling 550” List, published by Remodeling Magazine, named Titan the 3rd largest remodeling company in the country

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