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.
J.C. Penney’s focus on merchandising and mall negotiations as key parts of the retailer’s turnaround strategy are paying off. All but about 10 of the retailer’s more than 1,000 stores are profitable, and store-closing plans by Macy’s and Sears may make J.C. Penney the sole
Wealthy, creative guests are the stated target of the new luxury brand Proper Hospitality. The goal is to create a homelike feel, as with the brand’s first hotel, Hollywood Proper Residences, which includes unfurnished apartments. Read the HotelNewsNow.com story here
To court middle-class travelers and millennials seeking bargains, General Hotel Management is entering the mid-market arena. The Singapore-based luxury and boutique resort collection will work with van de Bunt Partners on the Tin Hotels brand, with Dubai in the United Arab Emirates and Oman as
Outback Steakhouse and Carrabba’s Italian Grill parent Bloomin’ Brands is looking to Latin America for future growth. The Florida-based restaurant operator has hired an international real estate firm to help it expand in several markets, including Brazil, Chile and Argentina. Read the Tampa Bay Times
A joint venture among Stacy and Witbek, Skanska and Herzog has started to construct a $2 billion trolley line in San Diego that will run from La Jolla’s University Town Center to downtown. The project includes nine stations and a concrete viaduct to carry the
The Louisiana Restaurant Association and its members are assisting those hit by devastating floods in Baton Rouge. Read the story here
A joint venture among Stacy and Witbek, Skanska and Herzog has started to construct a $2 billion trolley line in San Diego that will run from La Jolla’s University Town Center to downtown. The project includes nine stations and a concrete viaduct to carry the
Construction has started for a hotel at the $950 million MGM Springfield casino in Massachusetts, and workers have placed concrete for its first floor. The entire casino project, which should be finished in 2018, will create about 2,000 construction jobs. Read The Republican story here
The Soak City water park at Cedar Point in Sandusky, Ohio, will undergo a remodeling and expansion in 2017 and will reopen as Cedar Point Shores. The Breakers Express hotel will be transformed into Cedar Point’s Express Hotel, and the historical Hotel Breakers will expand.
J.C. Penney unveiled appliance showrooms at two Minnesota stores last week and will debut six more in the state as part of a push to put the big-ticket items in 500 of its 1,000 U.S. stores by year’s end. Penney’s will showcase up to 215
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