BIT Hosts Worker Appreciation Luncheon
Union Workers at Playhouse Plaza Thanked for their Commitment to Excellence
Pasadena, CA – More than 100 construction workers, community leaders, and union local leaders recently participated in a worker appreciation event in Pasadena, California.
In the second quarter of 2015, the AFL-CIO Building Investment Trust intends to complete the construction of Playhouse Plaza (680 East Colorado Blvd.) in Pasadena, California.
Playhouse Plaza is an approximately $68 million development adjacent to the Playhouse Theater, created through a joint venture of the AFL-CIO Building Investment Trust and IDS Real Estate, a full-service real estate company based in Los Angeles.
Playhouse Plaza is creating nearly 350 construction jobs and 700,000 job hours. The project is designed to achieve LEED Silver certification.
“We are thrilled that the AFL-CIO Building Investment Trust has made such a large commitment to Pasadena. Their $68 million Playhouse Plaza project is yet another showcase of the LA/Orange Counties Building Trades workers’ professionalism, commitment to quality, and attention to detail.”* – Ron Miller, Executive Secretary, Los Angeles/Orange Counties B.C.T.C.
“The AFL-CIO Building Investment Trust has successfully been creating jobs for more than twenty-six years both in the Los Angeles area and across the country.”* – Rusty Hicks, Executive Secretary-Treasurer, Los Angeles County Federation of Labor, AFL-CIO.
Since 2011, the BIT has invested in 15 projects totaling over $1.6 billion in development costs. It is estimated that these projects collectively will create 16.1 million hours of union construction work by completion.
The worker appreciation event was hosted by the AFL-CIO Building Investment Trust, the IDS Real Estate Group, the California Labor Federation, the Los Angeles County Federation of Labor, the State Building & Construction Trades Council of California, and the Los Angeles and Orange Counties Building & Construction Trades Council.