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.
Sixty-four percent of restaurant operators invested in capital improvements in the past six months and 65% expect to do so in the next six months, according to NRA‘s Restaurant Performance Index. Read the Nation’s Restaurant News story here
Japan-based fashion retailer Uniqlo will unveil its renovated New York City flagship on Friday, a SoHo store that has been one of the retailer’s three highest-volume U.S. stores, according to Women’s Wear Daily. The retailer has struggled to get the right product mixes and store
The real estate company that paid $125 million for almost 15 acres of downtown Nashville has struck a deal for the first piece of the redevelopment headed for that site: a massive Hyatt Regency hotel. Read The Business Journals story here
Two-thirds of construction firms report they are having a hard time filling hourly craft positions that represent the bulk of the construction workforce, according to the results of an industry-wide survey by the Associated General Contractors of America. Association officials said that many firms are
Developers are seeking approval for a $40 million hotel project in Sebastopol, Calif. The proposed 66-room boutique property will feature a public courtyard and rooftop deck. Read The Press Democrat story here
The Hall County Board of Commissioners has approved a $700 million mixed-use project near Braselton in southern Hall County, Georgia. The project will include residential, retail and office space, a hotel and convention center. Read The Times story here
Chicago-based Oxford Capital Group plans to build a seven-story luxury Godfrey hotel in Hollywood, Calif., on a site it purchased for $16.5 million. Read the Los Angeles Business Journal story here
The $3 billion Legacy West mixed-use project in Plano, Texas, will be home to one of five Barnes & Noble stores that will be constructed under a new format that includes a restaurant and bar. Barnes & Noble currently operates stores with restaurants and bars
Canadian chain Tim Hortons will open its first full-service UK restaurants under a franchising joint venture with an investor. The deal is similar to one inked in July for new units in the Philippines. Read the Montreal Gazette/The Canadian Press story here
The $2 billion Alon Las Vegas resort project has been slowed by financing difficulties but remains on track. Read the Las Vegas Review-Journal story here
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