News
Challenger Acquisitions
Giant observation wheel investor () has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.
Chief executive Mark Gustafson tells Proactive: ''I was just there on a tour the other week. It's really fascinating to see the developments.''
''Basically, the entire ground work is complete. What we're going to see over the next 18 months is everything being constructed from the ground up and that will include the terminal building and all the major components for the giant observation wheel starting with these four massive legs'', Gustafson added.
Once finished, the New York wheel will be around 50% bigger than the London Eye and it is hoped it will be able to carry around 3.5 mln passengers each year.
Giant observation wheel investor () has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.
Chief executive Mark Gustafson tells Proactive: ''I was just there on a tour the other week. It's really fascinating to see the developments.''
''Basically, the entire ground work is complete. What we're going to see over the next 18 months is everything being constructed from the ground up and that will include the terminal building and all the major components for the giant observation wheel starting with these four massive legs'', Gustafson added.
Once finished, the New York wheel will be around 50% bigger than the London Eye and it is hoped it will be able to carry around 3.5 mln passengers each year.
The wheel’s foundations have now been completed, while the legs which the wheel will sit on have been delivered to the site in Brooklyn
The wheel’s foundations have now been completed, while the legs which the wheel will sit on have been delivered to the site in Brooklyn
The giant observation wheel investor has issued just over 4mln shares to pay off the £750,000 loan
The giant observation wheel investor has issued just over 4mln shares to pay off the £750,000 loan
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
The company has a 2% stake in the New York wheel, expected to open early in 2018
The company has a 2% stake in the New York wheel, expected to open early in 2018
Challenger Acquisitions 1 Madison Capital Markets 0
Challenger Acquisitions 1 Madison Capital Markets 0
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
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color: #2d3e50 ;
}
.block-contacts ul .active:before {
background-color: #2d3e50 ;
}
.block-contacts ol {
border-top-color: #2d3e50 ;
}
.block-contacts ol li {
color: #2d3e50 ;
}
.block-contacts ol li i:after {
background-color: #2d3e50 ;
}
.block-feedback .message i,
.block-feedback-2 .message i {
color: #2d3e50 ;
}
.block-not-found h3 {
color: #2d3e50 ;
}
.block-not-found .pic:before {
background-color: #2d3e50 ;
}
.block-not-found .pic div:before {
background-color: #2d3e50 ;
}
.block-not-found-2 .button {
color: #2d3e50 ;
}
.block-not-found-2 .button:hover {
background: #2d3e50 ;
}
.block-coming-soon li:before {
background-color: #2d3e50 ;
}
.block-coming-soon-2 li:after {
background-color: #2d3e50 ;
}
.widget-categories a:hover,
.widget-categories a.active {
color: #2d3e50 ;
}
.widget-top-posts a:hover {
color: #2d3e50 ;
}
.widget-text hr {
border-top-color: #2d3e50 ;
}
.widget-text em {
color: #2d3e50 ;
}
.widget-archive a:hover,
.widget-archive a.active {
color: #2d3e50 ;
}
.widget-tags a:hover {
color: #2d3e50 ;
}
.widget-categories-filter a:hover {
color: #2d3e50 ;
}
.widget-categories-filter .active {
color: #2d3e50 ;
}
.widget-categories-filter .active span {
background-color: #2d3e50 ;
}
.widget-price-filter .ui-slider-range {
background-color: #2d3e50 ;
}
.widget-price-filter .ui-slider-handle {
background-color: #2d3e50 ;
}
.widget-color-filter .active:before {
border-color: #2d3e50 ;
}
.widget-top-products .pic i {
background-color: #2d3e50 ;
}
.main-nav ul {
background-color: #2d3e50 ;
}
