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.
A partnership of two developers is taking on New York City’s high land costs and room oversupply by fashioning two new buildings into micro-hotels. Seth Schumer and Oleg Pavlov’s two hotels under their new hospitality firm, Arlo, will have a combined 575 rooms of up
Franchisee Chicagoland Restaurants started construction on the first of eight Krispy Kreme shops planned for the Chicago market. The chain closed all but one company-owned store in the market after the recession hit seven years ago, and it faces a new generation of higher-end doughnut
The planned Barracks Hotel in San Diego will convert eight 100-year-old Navy barracks into a 90-room boutique property. Construction will begin next year. See the KGTV-TV News Service story here
Three hotels are being developed in Decatur, Ala. – the first new hospitality projects there since the 1990s. A Holiday Inn Express, Home2 Suites by Hilton and Residence Inn by Marriott represent $19.9 million of construction. Read The Decatur Daily story here
Quick-service Italian chain Fazoli’s is planning to open two new restaurants in the Chicago area next year as part of a big nationwide expansion. Read the Chicago Tribune story here
Century Casino & Hotel in Cripple Creek, Colo., will more than double the number of guest rooms it offers by converting a nearby building into a boutique hotel. Century’s 21 guest rooms will grow to 51. Read the World Casino Directory story here
Kroger is focusing much of its growth on its large-format Marketplace concept, which has the potential to compete with big-box retailers like Wal-Mart and Target. In addition to the items found in traditional Kroger supermarkets. Read the Business Insider story here
Ruby Tuesday will close 95 underperforming eateries or about 13% of its 724 restaurants next month, the company said after reporting a 3.7% dip in quarterly same-store sales and a 4.6% fall in traffic. The chain hasn’t said yet which locations will close. Read The
The U.S. Air Force is planning to build a hotel in Wasatch County, Utah, that will cater to the military. Air Force officials took more than a decade to decide on the development site near Park City skiing. Read the Stars and Stripes/The Associated Press
Construction could begin soon on the first phase of a planned $330 million water park resort in Grapevine, Texas, near the Dallas/Fort Worth International Airport. The project would create 1,500 construction jobs and include guest rooms along with entertainment, dining and meeting space. Read the
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