Tag: 3BL

Published by Las Vegas Sands

October 29, 2025 /3BL/ – With the official opening of Londoner Grand in June, Sands China capped a multi-year $2.35 billion redevelopment program that transformed the former Sands Cotai Central into The Londoner Macao, its largest integrated resort in Macao and the new cornerstone of the Cotai Strip.

Pairing British-themed adornments and attractions with world-class hospitality excellence, The Londoner Macao encompasses 4,426 rooms and suites across six hotels, including The Londoner Hotel, Londoner Court, Londoner Grand, Paiza Grand, Conrad Macao and The St. Regis Macao.

The expansive integrated resort also delivers 400,000 square feet of gaming space, 358,000 square feet of meeting space, a 6,000-seat arena, a 1,701-seat theatre and 566,000 square feet of retail space. More than 150 stores and 50 restaurant and food outlets round out the resort’s international flavor.

The entire redevelopment process spanned six years, with a portion taking place during the pandemic – demonstrating Sands’ confidence in Macao’s ability to rebound after the challenges it presented to the hospitality industry. The redevelopment also represents the company’s long-term commitment to investing in Macao as a luxury travel destination and its focus on ongoing property redevelopment to ensure its integrated resorts continue to attract high-value tourism.

The finished complex immerses guests in British style and tradition while offering accommodations that redefine luxury, including the introduction of Londoner Grand, which marks Marriott Bonvoy’s first Macao Luxury Collection hotel, the company’s premier set of properties. Inspired by London’s prestigious Mayfair district, Londoner Grand seamlessly blends Macao’s East-meets-West cultural heritage with The Luxury Collection’s authentic approach to exceptional experiences for guests seeking unique travel and leisure opportunities.

At the pinnacle of Londoner Grand is the all-suite Paiza Grand, which offers unparalleled accommodations, amenities and service, delivered through a dedicated team of Grand Butlers who attend to guests’ specialized needs. Paiza Grand also offers unique British-themed experiences for guests, including the Gin Ambassador Program, enabling them to experience a taste of British tradition through a curated selection of gin and craft cocktails personalized by the Grand Butler team.

Also new at The Londoner Macao are The Suites by David Beckham at The Londoner Hotel. Available for booking by invitation only, these luxury accommodations were created by Sands global ambassador David Beckham in collaboration with leading London interior design firm David Collins Studio. The Suites by David Beckham are Macao’s first celebrity-designed accommodations and were named “Best Hotel Suite in Asia Pacific” at The International Hotel and Property Awards 2021.

Guests at The Londoner Macao also can enjoy world-class restaurants, including The Huaiyang Garden, helmed by celebrity master chef Zhou Xiaoyan. The Michelin two-starred restaurant received five stars in the 2025 Forbes Travel Guide, the only independent global rating system for luxury hotels, restaurants and spas. This achievement brings the total number of five-star awards across all categories for Sands China to eight, including The Londoner Macao’s Londoner Court, The Londoner Hotel, The Parisian Macao’s Paiza Lofts, The Grands Suites at Four Seasons, Four Seasons Hotel Macao, Zi Yat Heen and The Spa at Four Seasons Hotel Macao.

Other Londoner Macao celebrity chef experiences include the Gordon Ramsay Pub and Grill, a British gastropub and steakhouse from internationally renowned, multi-Michelin starred chef Gordon Ramsay; Chiado, offering Portuguese fare from two-Michelin-starred and celebrity chef Henrique Sá Pessoa; and The Manor, showcasing refined Mediterranean flavors from Michelin-starred chef Michele Dell’Aquila.

Shopping options at The Londoner Macao also were expanded in the redevelopment process, and the Shoppes at Londoner retail mall offers more than 150 fashion and lifestyle boutiques and stores, from high street to haute couture.

What sets The London Macao apart thematically is its lavish homage to British culture, including numerous tributes to England’s most recognizable landmarks and figures such as the lobby display of The Londoner Carriage. This replica depicts the Diamond Jubilee State Coach created to commemorate Queen Elizabeth II’s 80^th birthday and used in King Charles III’s coronation in 2023.

Other British tributes include white marble statues of King Henry VIII and Queen Elizabeth I, the architecture of the Palace of Westminster in London and a life-size replica of London’s iconic Elizabeth Tower, popularly known as Big Ben, which chimes every hour. The Londoner Macao brings its British theme to life through immersive onsite entertainment, including a costumed “Changing of the Guard” performance that echoes the daily ceremony at Buckingham Palace.

The resort also offers state-of-the-art entertainment at the 6,000-seat The Londoner Arena, and more intimate shows and events are housed in the 1,701-seat The Londoner Theatre. Macao visitors enjoy access to the many entertainment offerings at The Londoner Macao through a seamless connection with Sands China’s other Cotai Strip resorts.

Transformation of The Londoner Macao is one of the many investments Sands China has committed in Macao. The company’s property investments in the region prioritize diversification through non-gaming offerings to help boost international tourism from travelers seeking world-class travel and leisure destinations. In addition, Sands China is focused on expanding premium accommodations in response to the city’s growing demand from high-value travelers.

As part of its commitment to Macao, Sands China also has established a number of supportive local business development and community engagement initiatives, including the Sands China Community Revitalization Program.

To learn more about Sands China’s Londoner Macao and other Macao tourism, local business and community engagement initiatives, visit https://www.sandschina.com/.

Novata today released its 2025 State of Sustainability Report, offering a data-driven snapshot of how organizations are strengthening sustainability practices across industries and regions.

Based on responses from hundreds of industry professionals, the report reveals a field that is maturing, with 80% of organizations now having a formal sustainability role or team, but still facing critical challenges around data quality, regulatory readiness, and demonstrating ROI.

Key findings include:

• Formalization: 80% of organizations have a formal sustainability role or team.
• Data Quality: 60% still rely on spreadsheets to track ESG data, underscoring the need for better systems and governance.
• Regulation: 38% are preparing for or already complying with CSRD, reflecting growing global alignment.
• ROI: 47% of sustainability leaders cite proving business value as their top challenge.

The survey used for these report findings was fielded over six weeks, from August-September 2025. Novata gathered insights from nearly 250 industry professionals across various sized corporate organizations and financial institutions to better understand their priorities, challenges, and how sustainability functions are structured today. Respondents represent a broad range of organizations, from early-stage companies to global enterprises, offering a diverse cross-section of perspectives across markets, company sizes, and sectors.

Read the full report here → https://hubs.la/Q03R_TKD0

At Lenovo, building a more inclusive tech workforce is core to the mission of ensuring the people behind Lenovo solutions reflect the customers we serve. After collaborating with Code the Dream for several years through our TransforME grant, Lenovo is proud to expand the partnership with CTD through the Tandem Apprenticeship program.

Earlier this year, Code the Dream apprentices Oksana Feterovskaya and Osbaldo Aguilar joined two Lenovo enterprise teams where they contributed to critical development work. They also worked on interfaces that support device health, enabling organizations using Lenovo products to identify issues early and prevent downtime.

“I really love challenges,” said Feterovskaya. “This was a great opportunity to be in a big corporation and see how everything works. And everyone at Lenovo is so friendly and welcoming.”

Aguilar and Feterovskaya’s supervisors at Lenovo, Senior Engineering Managers Sayantan Guha and Josh Smith, praised their eagerness to contribute.

“Oksana’s enthusiasm and problem-solving skills are exactly what we look for in a great team member. We’re excited to see how she grows and uses her experience here in the future,” Guha said.

The Tandem Apprenticeship allows Lenovo to support tech talent from nontraditional communities. For Feterovskaya and Aguilar, the Tandem Apprenticeship at Lenovo serves as an important next step in their tech careers. Both have strong experience from working with CTD Labs, which helped them develop the skills needed at Lenovo.

“Lenovo is committed to equipping today’s workforce with the technology and opportunities needed to transform their career, lives, and communities,” said Sydni Behm, Lenovo Corporate Citizenship Global Program Manager. “That’s why Lenovo is excited to expand its collaboration with Code the Dream. Code the Dream is opening up opportunities for underrepresented communities in tech, and their Tandem Apprenticeship model is proven and effective.”

Before her time with Code the Dream, Feterovskaya worked on the Vamos Outreach App, which enables organizations across 20 states to streamline outreach to farmworker communities. Aguilar, who discovered his passion for technology at age 9, previously contributed to a ride-sharing app that provided transportation for individuals transitioning out of homelessness.

Linda Liu, Senior Advisor of Growth & Partnerships at Code the Dream, said companies, like Lenovo, find the Tandem Apprenticeship program’s flexibility and pool of experienced apprentices to be extremely valuable.

“We’re able to sit down with companies, discuss their goals and needs, and then connect them with apprentices who are the best fit. The company is able to add high-performing team members relatively quickly, and the apprentices get first-hand experience, which opens the door to life-changing career opportunities,” Liu said.

Both apprentices said they are paying it forward by serving as Code the Dream mentors. For Aguilar, this means being able to show his mentees that persistence pays off.

Special thanks to our Inogen Alliance Associate, Redlog, for contributing to this blog.

Managing environmental, health, and safety (EHS) responsibilities in hotels and resorts can feel overwhelming—especially for managers already juggling multiple roles. Breaking the process into steps helps you understand what’s required, close compliance gaps, and build practical systems that keep your team and guests safe. Whether you manage a boutique property or a global resort brand, simplifying hotel EHS compliance reduces risk and lets you operate with confidence.

In many hotels and resorts, safety and environmental duties land on facilities, operations, or security managers who aren’t given formal training and already wear many hats. The challenge isn’t a lack of dedication—it’s knowing where to begin and how to stay compliant without adding unnecessary complexity. With the right roadmap, you can build a compliant and effective EHS program step by step, protecting your people, property, and brand along the way.

 

Step 1: Build a Hotel EHS Compliance Register 

What is an EHS compliance register? 

An EHS compliance register is a master list or tracker of all the environmental and safety regulations that apply to your property.

This typically includes relevant federal, state, and local laws that govern your operations, such as how you manage waste, air emissions, water discharge, and chemical use.

Think of it as your regulatory roadmap. Without it, it’s hard to know if you’re in compliance or at risk.

What to include: 

• United States Environmental Protection Agency (U.S. EPA) regulations (e.g., stormwater plans, hazardous waste rules)
• Occupational Safety and Health Administration (OSHA) safety standards (e.g., working at heights, Lockout/Tagout, personal protective equipment [PPE])
• Local fire codes and chemical storage requirements
• Permits and plans (e.g., Spill Prevention, Control, and Countermeasures [SPCC] plans, stormwater pollution prevention plans [SWPPPs], air permits, wastewater discharge)

If building a compliance register sounds overwhelming, we’re here to help. Antea Group can develop a custom EHS compliance register for your site that outlines exactly what applies and what needs action.

If your organization operates across multiple countries or regions, we’ve got you covered . Through our Global EHS Registers and Protocols service, we help hotel and resort teams understand and manage local regulations anywhere in the world, bridging differences in language, time zones, cultural differences, and regulatory systems for consistent global compliances.

 

Step 2: Identify Gaps with an EHS Audit 

Once you know what’s required, the next step is to figure out how your hotel stacks upby conducting a baseline compliance audit.

What is a baseline compliance audit? 

A baseline compliance audit is a thorough review of your current EHS practices, conditions, and documentation to compare against legal requirements. Think of it as a checkup for your safety and environmental performance that helps you evaluate what you’re doing well, where you could improve and how to prioritize your next steps.

What does a baseline audit typically uncover? 

• Missing or outdated written safety programs (e.g., Hazard Communication [HazCom], electrical safety)
• Inadequate signage or PPE
• Improper chemical labeling or storage
• Incomplete training records
• Unaddressed risks from mold, air quality, or contractor activities

Why it matters: Audits help you catch issues before regulators, guests, or accidents do. Even in high-performing hotels, it’s common to find overlooked areas like rooftop fall risks, expired permits, or missing eyewash stations.

 

Step 3: Build a Practical Hospitality-Focused EHS Program 

An EHS program is your organized system for staying compliant and keeping people safe. It doesn’t need to be complex; it just needs to work for your property. Start by putting together:

• Written safety programs and procedures
• A compliance calendar that reminds you when inspections, renewals, or training are due
• Routine inspection checklists (e.g., for fire extinguishers, eyewash stations, chemical storage areas)
• A clear record responsibilities by department or role
• A method for tracking incidents and corrective actions

What’s a written safety program? 

A written safety program includes formal documents required by OSHA that explain how your team handles certain hazards. Common examples include:

• Hazard Communication (HazCom): Covers how chemicals are labeled and communicated to staff
• Lockout/Tagout (LOTO): Ensures equipment is safely shut down before maintenance
• PPE: Identifies what protective gear is needed for different tasks

Want to go deeper? Learn more in our blog, EHS Guide: Building a Modern Environmental Health and Safety Program

 

Step 4: Address Overlooked but High-Risk Areas 

Here are some commonly missed compliance issues in hotels and resorts:

1. Working at Heights 

Do staff or contractors access rooftops for heating, ventilation, and air conditioning (HVAC) units, signage, or cleaning? If so, fall protection is required: think guardrails, harnesses, or restricted access zones.

2. Electrical Safety and Lockout/Tagout (LOTO) 

Do your engineering or maintenance teams know how to safely de-energize electrical systems before performing work? Are there written procedures and training and, if so, how do employees access them?

3. Chemical Safety in Laundry, Housekeeping, and Pools 

Are chemicals clearly labeled and stored properly? Are safety data sheets (SDSs) available and accessible to employees?

4. Indoor Air Quality and Mold 

Have you assessed the risk of mold growth in damp areas like pools, spas, and laundry rooms? Are your HVAC systems properly maintained to reduce allergens and humidity?

These issues don’t just lead to citations; they can cause injuries, illnesses, and downtime if left unchecked.

 

Step 5: Make Hotel Safety Routine (and Realistic) 

The key to long-term success is building habits. EHS compliance for hotels works best when it’s integrated into your regular operations, not treated as a one-time checklist.

Start small with these actions:

• Set monthly safety checks
• Hold quarterly EHS reviews with leadership or department heads
• Provide refresher training annually or when new risks are introduced
• Track issues in a shared document or basic compliance tool

Even simple tools like Excel or SharePoint can help, though more advanced teams may opt for EHS management platforms.

 

Let’s Simplify Hotel EHS Together 

At Antea Group, we’ve supported clients across the globe in taking control of their EHS responsibilities. Whether you’re brand new to compliance or simply need a check-up, we’ll meet you where you are with scalable solutions that make sense for your people, your property, and your brand.

Bottom line: You don’t need to be an expert to build a safe, compliant hotel.

Reach out to Antea Group to get started with a basic EHS roadmap customized for your property.

Three athletes. Two mindsets: athlete and entrepreneur. One experience to build it all.

Through the Arizona State University (ASU) Student-Athlete Venture Studio, in collaboration with GoDaddy Empower, Division I collegiate athletes Adama Fall, Bri Nunley and Sierra Ryan are showing that the skills that make them great on the field also power their futures off it.

By leveraging GoDaddy Airo®, each athlete built a digital brand that reflects their unique journey — from Sierra’s coding and AI ventures to Bri’s leadership in mentorship to Adama’s global perspective as a student-athlete from Senegal.

The partnership between ASU and GoDaddy Empower helps student-athletes manage their name, image, and likeness (NIL) rights; grow their personal brands; and lay the foundation for entrepreneurship. It’s about more than today’s game; it’s about building for tomorrow’s life after school.

Ready to start building your own legacy? Get a .com for only $4.99 for your first year — includes Airo — at studentathlete.godaddy.

Watch the story here.

About GoDaddy 
GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo^®, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.

Empower by GoDaddy Spotlight Series
By partnering with diverse community organizations, schools, and education institutions, Empower by GoDaddy helps emerging entrepreneurs of all ages and backgrounds build and grow their businesses online with free digital tools, training, and community. This article is part of the Empower by GoDaddy spotlight series that shines a light on the individuals who make this unique initiative possible.

Read the 2025 Wesco Sustainability Report here

Employee Engagement and Recognition

We believe that engaged employees are more productive, more innovative and more committed to the company’s success. In 2024, we launched an enhanced Employee Engagement Survey, with a 72% response rate globally and we saw improvement across 17 of our 18 measured dimensions.

The survey results provide us with valuable insights into what is working well and where there are opportunities for improvement. This feedback helps us shape our people strategies and creates an environment where employees feel valued, supported and motivated to give their best every day.

Key Highlights from the 2024 Survey:

Ethical Conduct: 86% of respondents indicated that Wesco has a strong commitment to ethical business practices, which is 8% above the global average.

Health and Safety: 85% of employees rated our workplace safety and physical working conditions as favorable, which is 9% above the global benchmark.

Manager Effectiveness: 81% of employees reported having a positive relationship with their managers, with feedback indicating that managers are supportive, respectful and effective in their roles.

Wesco Outstanding Work: (WOW)

At Wesco, we believe in celebrating the achievements and contributions of our employees. In 2022, we introduced the Wesco Outstanding Work (WOW) recognition program, which allows employees to recognize their peers for exceptional performance and behaviors that align with our core values. Since its inception, employees sent out approximately 30,000 meaningful recognitions to show their appreciation for each other’s work

The WOW program is designed to create a culture of appreciation, where employees feel acknowledged and valued for their contributions. Whether it’s a major project milestone or a simple act of kindness, WOW ensures that employees are recognized for going above and beyond.

In addition to the WOW program, we offer the annual Lean Awards, which celebrate teams and individuals who have successfully implemented Lean principles to achieve significant measurable results. The Lean Leadership Award was created in 2010 to promote leaders that demonstrated Lean best practices and to communicate their success stories. In 2014, the Lean Execution Award was added to honor teams that completed a Kaizen or Lean project resulting in significant and quantifiable business improvement. These awards highlight Wesco’s commitment to continuous improvement and operational excellence.

To learn more, download the 2025 Wesco Sustainability Report here.

About This Report

Unless otherwise stated, this report covers activities, data and initiatives from our fiscal year 2024.

We also regularly engage with our investors, employees, customers, regulators, ratings agencies and others on ESG and business issues. Additional information about Wesco can be found in our public financial filings— including our annual report and proxy filings—as well as on the Security and Exchange Commission’s website at www.sec.gov or on the Investors page of our website at Wesco.com.

With nearly 40% of carbon emissions coming from the built environment, the construction industry is building and renovating more and more sustainably. With innovative solutions and new construction methods, we have a whole new vocabulary that this podcast is going to decipher for you!

The concept of passive building emerged in Germany in the 1970s. The aim of this approach? To see how much could be done to reduce the energy bills of buildings. How have these pioneering buildings and related concepts inspired architects and occupants to find ways to make homes more sustainable? Let’s find out.

Listen here, P…for Passive Building, a Saint-Gobain Podcast

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose “MAKING THE WORLD A BETTER HOME”.

€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050

AMSTERDAM and HONG KONG and OAKLAND, Calif., November 6, 2025 /3BL/ – Cascale has updated the latest Higg Facility Environmental Module (Higg FEM), ensuring the tool evolves with real-world needs of the consumer goods industry while driving measurable impact across global supply chains. Part of Cascale’s Higg Index, the Higg FEM is available on Worldly, the industry’s leading sustainability data insights platform.

The Higg FEM enables shared measurement of environmental performance across key impact areas — from water and waste to chemical and energy use. By providing consistent, science-based data, it helps manufacturers, brands, and retailers identify improvement opportunities, align expectations, and take informed action toward science-aligned goals.

“The updated Higg FEM gives manufacturers like ITL Group a sharper lens on environmental performance; one rooted in data, progress tracking, and collaboration,” said Jimmy Christopher, Senior Vice President, Group Sustainability & Innovation at ITL. “By using credible insights to guide action, we can move beyond compliance toward measurable progress that supports both business resilience and environmental goals.”

Developed through a collaborative process guided by the Higg FEM Strategic Council, Cascale members, and users worldwide, each update reflects the organization’s commitment to continuous improvement and industry-wide collaboration. Expanding beyond apparel, the Higg FEM remains the most comprehensive environmental assessment tool for consumer goods production, supporting textile, apparel, footwear, home furnishings, sporting, outdoor goods, bags, and luggage.

Key Updates in Higg FEM 2025

The Higg FEM 2025 introduces targeted refinements that enhance relevance and usability while minimizing disruption. Updates include:

• Adjusted cadence ensuring assessments submitted after April 30 maintain full value.
• Updated emission factors for greater accuracy in environmental impact calculations.
• New facility split types within Finished Product Processing for improved data usability.
• Streamlined Time Ordinance guidance tags for a more straightforward completion and verification process.
• Verification enhancements include simplified guidance, improved disclosures, and continued verification availability for all Level 1 questions, as detailed in Cascale’s Higg FEM Verification Scope Expansion Update.

“The Higg FEM continues to be a catalyst for industry-wide sustainability progress,” said Jeremy Lardeau, Higg Index senior vice president, at Cascale. “Aligned with our mission to combat climate change, this update demonstrates our commitment to continuous improvement, as we strive to empower organizations to make smarter, data-driven decisions.”

“Our collaboration with Cascale reflects a shared vision — to make sustainability data not just something the industry reports, but something it runs on,” said Scott Raskin, CEO, Worldly. “When data becomes intelligence that flows through both manufacturing and brand operations, real progress becomes part of the system itself.”

Additionally, platform enhancements introduced by Worldly help turn supplier data into decision-ready intelligence, including the Insights Hub dashboard to translate Higg FEM and Higg Facility Social & Labor (Higg FSLM) data into actionable insights.

For a complete list of Higg FEM 2025 updates, members and users can access the Higg FEM 2025 How to Higg Guide. 

ABOUT CASCALE

Cascale is the global nonprofit alliance empowering collaboration to drive equitable and restorative business practices in the consumer goods industry. Formerly known as the Sustainable Apparel Coalition, Cascale owns and develops the Higg Index, which is exclusively available on Worldly, the most comprehensive sustainability data and insights platform. Cascale unites over 300 retailers, brands, manufacturers, governments, academics, and NGO/nonprofit affiliates around the globe through one singular vision: To catalyze impact at scale and give back more than we take to the planet and its people. LinkedIn | Instagram | Facebook | YouTube

ABOUT WORLDLY

Worldly is the leading sustainability data and analytics platform for the consumer goods industry, empowering brands, retailers, and manufacturers to turn primary data into strategic action. Trusted by over 40,000 companies across apparel, footwear, home furnishings, and sporting goods, Worldly provides deep visibility into environmental and social impact — from carbon and water to chemicals and labor — at the product, facility, and value-chain levels.

Built on the industry’s leading standards, including Cascale’s Higg Index tools, Worldly transforms raw data into actionable intelligence that helps businesses reduce risk, meet evolving regulations, and accelerate measurable impact.

www.worldly.io

CLEVELAND, November 6, 2025 /3BL/ – KeyBank Community Lending and Investment (CDLI) provided a total of $72.8 million in financing for the first redevelopment phase and new construction of the Atlanta Civic Center, a 148-unit affordable senior housing project in Atlanta. The full depth and breadth of KeyBank’s platform was leveraged to secure the deal for the borrower, CCP Residential I LLC.

KeyBank CDLI provided a $39.1 million taxable construction loan as well as a $25.2 million in federal Low Income Housing Tax Credit (LIHTC) equity. Key Commercial Mortgage Group arranged an $8.5 million Fannie Mae MTEB permanent loan, and KeyBanc Capital Markets underwrote two series of tax-exempt bonds totaling $30 million.

This revitalization initiative is a public-private partnership between Atlanta Housing and Civic Center Partners – a joint venture made up of The Michaels Organization (Michaels), Sophy Companies, and Republic Properties. The borrowing group includes The Michaels Organization (Michaels), a premier leader in residential real estate with a 50-year history and a portfolio exceeding $12 billion in assets, Republic Properties, which has executed over 35 public-private sector projects with over $2 billion of new projects under construction, and Sophy Companies, an Atlanta-based, minority-owned, fully integrated commercial real estate firm specializing in urban infill developments that enhance the built environment. Michaels is the lead developer, Sophy is the co-lead, and Republic Properties is the co-developer.

Atlanta’s Civic Center – owned by Atlanta Housing – is being redeveloped as a mixed-income, mixed-use community situated in the city’s Old Fourth Ward, within close proximity to MARTA’s Civic Center transit station and Renaissance and Central Parks. The initial phase consists of 148 one-bedroom units in a six-story building, with 74 underground parking spaces and amenities suited for active seniors 55 and older.

Thirty units in the development have been set aside as 50% area median income (AMI) units, with the balance (118 units) reserved for seniors earning less than 60% AMI. The first floor will contain a lobby, mailboxes, a package room, a management office, a social service office, an arts/crafts room, a fitness room, a community room, a computer lounge, and a laundry room. Half of the first floor will contain residential units. The property also includes 500 square feet of commercial space at the south end of the first floor that will ultimately be built as a café.

“Midtown Atlanta is a desirable location and demand to live there is growing fast, but the pace of senior-specific affordable housing is not yet matching that growth,” said Robert Likes, president of KeyBank CDLI. “We were uniquely positioned for this deal and tapped multiple teams across the bank to help secure financing, which will bring more of such housing to the area.”

“The Atlanta Civic Center redevelopment represents a once-in-a-generation opportunity to reconnect a historic neighborhood through inclusive and intentional development,” said Michael Green, CEO of Sophy Companies. “As co-lead developer, Sophy Companies played an integral role in shaping the project’s financial and community development strategy. We are proud to partner with Atlanta Housing, The Michaels Organization, and Republic Properties to advance a shared vision that keeps affordability, design excellence, and cultural legacy at the heart of this transformation. This work is also part of Sophy’s broader commitment to inclusive redevelopment across Atlanta, including the long-term vision for the Civic Center’s future.”

About KeyBank Community Development Lending and Investment 

KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low-Income Housing Tax Credit (LIHTC) financing. KeyBank has earned 11 consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.

About KeyBanc Capital Markets

KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail, Diversified Industries, Financial Services, Healthcare, Industrial, Oil & Gas, Real Estate, Utilities, Power & Renewables, and Technology verticals. With more than 800 professionals across a national platform, KeyBanc Capital Markets has raised more than $125 billion of capital over the last twelve months for its their clients and has an award-winning equity research team that provides coverage on over 500 publicly traded companies.

KeyBanc Capital Markets is a trade name under which the corporate and investment banking products and services of KeyCorp® and its subsidiaries, KeyBanc Capital Markets Inc., Member FINRA/SIPC (“KBCM”), and KeyBank National Association (“KeyBank N.A.”), are marketed. Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives. Banking products and services are offered by KeyBank N.A. Securities products and services: Not FDIC Insured • No Bank Guarantee • May Lose Value

About KeyCorp

KeyCorp’s roots trace back 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at September 30, 2025.

Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

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The global supply chain is undergoing a reckoning. From port strikes to climate-driven disruptions, the world’s most essential networks are being stress-tested like never before. As Glen Clark, CEO of DP World in the U.S. and Mexico, noted in his recent article for the Fast Company Executive Board, “Efficiency may have driven the last era of supply chain strategy, but resilience will define the next.”

At DP World, that future is already unfolding.

From Efficiency to Endurance

Supply chain disruptions jumped nearly 40% in 2024, with companies now facing month-long interruptions every 3.7 years, Clark writes in his article, The Supply Chain Playbook is Broken. The lesson is clear: optimization alone is no longer enough. Businesses must design supply chains that can bend without breaking.

DP World’s approach across the Americas focuses on this very principle – building diversified, technology-enabled, and sustainable networks that anticipate disruption rather than react to it. Whether through automation at our terminals in Vancouver, AI-powered logistics in Mexico, or renewable-energy transitions in Peru, the emphasis is shifting from short-term efficiency to long-term adaptability.

Technology and Talent: The Twin Engines of Transformation

As Clark emphasized, “Every acquisition or restructuring is about culture and capabilities.” Supply chain resilience depends as much on people as it does on systems.

Across our 12-country Americas network, DP World is investing heavily in both.

• AI and Automation: At our Vancouver terminal, the field trial of a hydrogen-powered crane is cutting emissions while improving efficiency. In Chile, automated mooring systems are reducing risk and improving reliability.
• Workforce Development: From technical training programs for the DP World’s future Dominican Republic Special Economic Zone to reskilling initiatives in Ecuador and Argentina, DP World is preparing today’s logistics professionals for tomorrow’s digital operations.

The result: smarter systems guided by empowered teams.

Planning Decades Ahead

Short-term thinking can’t produce long-term stability. Clark’s article points to Tesla and Walmart as proof that resilience requires a long view – and DP World shares that philosophy.

Our regional investments reflect a decades-long horizon. In Ecuador, port and logistics expansions are positioning the nation as a gateway for Latin American trade. In Canada and the Caribbean, port electrification and sustainability programs are reducing carbon emissions while future-proofing infrastructure against climate risks.

Customers as Co-Architects of Change

Clark’s central message – “True transformation begins with the customer” – is at the heart of our model. By integrating customer feedback into logistics innovation, we co-design solutions that are not only efficient but resilient.

In Mexico, automotive manufacturers leverage our intermodal “Cars in Containers” solution to mitigate rail capacity shortages, while in Peru, DP World ensures perishable exports move seamlessly through connected cold chain networks – recently delivering 400 tons of fresh blueberries to the U.S. in under 12 hours. Each solution reflects a partnership mindset, where customers are collaborators in shaping the supply chain of the future.

The New Playbook for Global Trade

The next era of logistics isn’t about returning to normal – it’s about defining what comes next. As Clark concludes, “The leaders who understand this shift will endure volatility and help define the future of world trade.”

At DP World, we’re doing exactly that – building sustainable, technology-driven, and people-centered supply chains designed for resilience.

To learn more, read Glen Clark’s full Fast Company Executive Board article here.