Business Career
| This section requires expansion. |
Hickel was also a real estate developer and chairman of Hickel Investment Company. Most of his ventures from the 1950s onward were in building and operating hotels and shopping centers. Hickel's company built the structures in which Safeway placed most of its earliest Alaska stores.
Following the 1964 Alaska earthquake, Hickel, as a show of confidence in Anchorage's future, built a high-rise luxury hotel on the western side of downtown Anchorage, very near one of the largest of the landslides which befell portions of Anchorage. Hickel chose the site to prove wrong detractors who believed that the area couldn't be redeveloped to a great extent. The nine-story Hotel Captain Cook opened in 1965 on Fourth Avenue, next door to the historic Wendler Building. A fifteen-story tower followed in 1972, and an eighteen-story tower in 1978. The hotel currently covers almost an entire city block, with a connected parking garage covering another half-block.
Read more about this topic: Wally Hickel
Famous quotes containing the words business and/or career:
“BOSWELL. But what do you think of supporting a cause which you know to be bad? JOHNSON. “Sir, you do not know it to be good or bad till the Judge determines it.... It is his business to judge; and you are not to be confident in your own opinion that the cause is bad, but to say all you can for your client, and then hear the Judge’s opinion.”
—Samuel Johnson (1709–1784)
“What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.”
—Arlie Hochschild (20th century)