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Atwell chose to dedicate the entire award – $1m worth – to the Center for Teaching and Learning (CTL), the nonprofit demonstration school she founded 25 years ago, which she said is in need of structural upgrades, including a new roof and furnaces, and many more books.
PVH, the parent company of Calvin Klein and Tommy Hilfiger, and Tchibo, a German retailer, have endorsed a plan in which Western retailers would finance fire safety efforts and structural upgrades in Bangladeshi factories — although they first want other companies to sign on.
Spurred by that and earlier disasters, two companies — PVH, the American parent company of Calvin Klein and Tommy Hilfiger, and Tchibo, a modest-size German retailer — last year endorsed a plan for Western companies to finance fire safety efforts and structural upgrades to Bangladeshi factories.
The renovations encompass 405 of 533 guestrooms and suites, structural upgrades to the lobby, public areas, third floor ballroom and meeting spaces, as well as large-scale improvements to the hotel's overall infrastructure.
Seismic and other structural upgrades are needed.
The owner spent $19 million, mostly on structural upgrades to the garage, Powers said.
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