The Chicago Tribune reports that a convention center project near O’Hare International Airport has been officially postponed after the U.S. government filed suit against the developer in federal court. The developer, Anshoo Sethi, stands accused of using falsified documents to promote the project to investors. Sethi would have to return about $145 million collected from a group of predominantly Chinese investors, if found guilty.
Cleveland’s new convention center recently booked the Great Lakes Truck Expo for September and the Cleveland Home + Remodeling Expo for March of next year. In all, 59 shows have committed to the yet-to-open venue, according to facility managers, MMPI. The center is expected to open in July.
The Massachusetts Convention Center Authority selected Connecticut-based Commonwealth Ventures to develop the $140 million, 510-room hotel project adjacent to the Boston Convention and Exhibition Center. Ground-breaking is expected by the end of 2013, with a grand opening in April of 2015.
Nielsen Holdings reported its fourth-quarter and year-end results, posting 3-percent and 1-percent gains in revenue, respectively. Specifically, Nielsen Expositions suffered a 19-percent decline in revenues for Q4, but ended the year up 2 percent. The Q4 decline was driven by timing of shows, according to an official release.
Several UBM Live shows are relocating to London after a 16-year stay at Birmingham’s NEC. “The move back to London after 16 successful years at the NEC is informed by extensive customer research and is a natural progression for the series as the markets we serve become increasingly international,” says Simon Parker, managing director of UBM Live London.
The City of Minneapolis (Minn.) will vote to accept settlement terms with an exhibitor who suffered damages as a result of roof leaks. Repair work on the facility is nearly complete, according to the Star Tribune.
The Monterey (Calif.) City Council will vote today on whether to proceed with a renovation of its 35-year-old conference center. The proposed changes will cost about $33 million, the Monterey Herald reports.
Officials from Gainsville, Georgia have commissioned a study to look into the feasibility of a new convention center. Similar development plans were put into motion before the recession, but never took off, says the Gainesville Times.
The National Small Business Innovation Research Conference will collocate with the National Innovation Summit and Showcase and TechConnect World events in Washington, D.C. this May. More than 4,000 small business owners, investors and corporate developers are expected to attend.
See Also: The Week In Tradeshows | Feb. 11
The Ottawa Convention Center officially earned LEED Gold status. Green aspects of the recently-completed building include a “cool” roof, rainwater harvesting system and an eco-friendly construction process.
ALM, legal publisher and services provider, is launching two professional conferences in Hong Kong next month as part of a series of business initiatives into emerging global markets.
BTS Summit, a subsidiary of SH Worldwide, has ceased operations, according to a company release. The closing includes cancellation of the 3PX|TechCon West and East conferences.
The Oakland Convention Center unveiled its completed renovations, adding an airwall to the 15,000 square-foot Exhibit Hall East.