Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
The new Union Square Cafe will open in October, three blocks from the popular New York City restaurant’s original location. Founder Danny Meyer and architect David Rockwell have brought divergent working styles to the project, which aims to inject elements of the original eatery into
Applebee’s will open its first restaurant in Hawaii on Sept. 12, giving the DineEquity-owned casual chain a presence in all 50 states. The first two eateries will be in West Oahu, and the chain is negotiating leases on five more Hawaiian locations. Read The Business
The new Saks Downtown store at New York City’s Brookfield Place is more fashion boutique than department store. The 86,000-square-foot store will feature up-and-coming designers and services including personal shoppers, power lunches and a “fashion crisis” hotline. Read the New York Post story here
Tommy Bahama has opened a 3,500-square-foot Toronto store, the first to be designed in the brand’s new Modern Beach House style, according to Women’s Wear Daily.The retailer, which bought back its Canadian licensing rights from Jaytex Group three years ago, said it plans to remodel
The 217-room NOPSI Hotel New Orleans is close to being completed. The $50 million project is a conversion of the historical New Orleans Public Service Inc. building. Read The Advocate story here
A 16-story hotel is being constructed near the new arena of the NBA’s Sacramento Kings. The hotel is part of a billion-dollar development that will include restaurants, theaters, retail and other attractions across six blocks. Read the Sacramento Bee story here
Michigan stopped funding its annual state fair in 2010 and sold the 160-acre property to NBA star Magic Johnson’s Magic Plus. His company proposes a $300 million redevelopment project that would include an entertainment venue, park and retail and residential space. Read the MLive.com story
Montreal-based MTY Food Group has bought BF Acquisition Holdings, which owns Baja Fresh and La Salsa Fresh Mexican Grill, for $27 million. The deal follows MTY’s acquisition of Kahala Brands, which operates chains including Pinkberry, Cold Stone Creamery and Blimpie. Read The Orange County Register story
A disappointing 2016 has prompted hotel industry analysts to revise 2017 RevPAR growth projections downward. Read the HotelNewsNow.com story here
New York-based investment firm The Arlon Group has acquired Cicis, a Texas-based pizza buffet chain whose 4-year-old turnaround plan has brought 13 quarters of same-store sales growth. Executives will continue to run the chain, which operates 440 restaurants in 33 states. Read the Nation’s Restaurant News
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