| Energy Campus Receives
Mine Permit
St. Louis-based Peabody Energy has announced that its $2
billion-plus Prairie State Energy Campus in Lively Grove, Ill., has received a
mine permit from the Illinois Department of Natural Resources.
The mine
in Washington County is being developed to annually produce about 6 million tons
of coal for the energy campus.
Fluor Daniel Illinois Inc. has signed a
letter of intent for engineering, design and construction of Prairie State's facilities
in Southern Illinois. Fluor Daniel Illinois Inc. is a subsidiary of Aliso Viejo,
Calif.-based Fluor Corp.
Earlier in the year, the state of Illinois has
issued the air permit for the energy campus, a major coal-fueled electric generating
station and coal mine.
Prairie State received its air permit following
three years of environmental review, public comment periods and community input.
The project will invest more than $500 million in control technologies, Peabody
said.
The Prairie State Energy Campus is being developed by Peabody and
the Prairie State Interest Group.
The Prairie State Interest Group includes
six Midwest electricity suppliers that own nearly half of the project.
Construction Machinery Exports Still Strong U.S. construction
equipment exports in 2005 continued to grow through the second quarter of the
year to reach more than $6 billion for January-June 2005, according to data released
by the Milwaukee-based Association of Equipment Manufacturers.
Exports
during second-quarter 2005 increased 12 percent over first-quarter exports, and
the mid-year total dollar volume rose 44 percent compared to 2004 mid-year export
totals. The breakdown by region includes the following:
South America
exports increased 64 percent, representing $809 million in
purchases.
Asia grew 59 percent and totaled $854 million.
Australia/Oceania increased
48 percent and totaled $589 million.
Europe increased 48 percent and
totaled $1.1 billion.
Canada gained 41 percent and totaled $2.1 billion.
Central America went up 14.5 percent and totaled $443 million.
Africa
rose 5 percent and totaled $192 million.
The top 10 export destinations
for American construction equipment for the first half of 2005 were (1) Canada,
$2.1 billion, up 41 percent; (2) Australia, $566 million, up 51 percent; (3) Belgium,
$401 million, up 129 percent; (4) Mexico, $341 million, up 14 percent; and (5)
Brazil, $303 million, up 135 percent
Other top finishers included (6) Singapore,
$273 million, up 275 percent; (7) Chile, $261 million, up 69 percent; (8) Japan,
$139 million, up 107 percent; (9) United Kingdom, $114 million, up 33 percent;
and (10) Germany, $112 million, down 7 percent).
A Wi-Fi in the Park Among the pleasures residents and neighbors of Chicago's
Lakeshore East neighborhood can pursue includes checking their investment portfolio.
An
amenity that joint developers Magellan Development Group and NNP Residential &
Development thought to include at the park that is the centerpiece of
the 28-acre mixed-use development is free Wi-Fi, or wireless broadband, Internet
access.
Wi-Fi equipment will be installed on the rooftops of four residential
towers that border the park. The first of these, the 29-story The Lancaster condominiums,
is completed and substantially occupied.
The multi-faceted six-acre park
that is the front yard for the neighborhood is just one part of the 45 percent
of the Lakeshore East that has been committed to open space. Landscape architect
James Burnett, who designed the park, is designing a smaller, London-style park
for the northeast corner of the site.
Described as "a village in the
heart of downtown Chicago," Lakeshore East is believed to be the largest
parcel of downtown land under development in a major U.S. city. The $4 billion
mixed-use development in the rapidly-developing New East Side incorporates all
the elements of a traditional city neighborhood, including condominiums and rental
homes, retail, recreational opportunities and community amenities such as the
park and a planned elementary school.
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