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.
Fast-casual brand Firehouse Subs has surpassed the 1,000-store mark and could end the year with about 1,050 restaurants, including locations in Mexico, Canada and the Bahamas. Read the QSR Magazine story here
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
The new owners of the historical 52-story First National Bank tower in downtown Dallas are renaming it The Drever as part of a redevelopment plan. Drever Capital Management bought the building out of bankruptcy in the spring for $65 million and plans to install hotel,
Hawaii’s Coco Palms Resort is on track to reopen in 2018. The resort was shuttered in 1992 following Hurricane Iniki. Read the TravelAge West story here
Detroit is emerging from the doldrums as a hotel market, thanks to government revitalization projects and renewed investment centered on boutique hotels and reusing older buildings. Supply, demand and average daily rate have increased, and the future holds such stimuli as a $137 million rail
San Francisco will become home to two premier hotel brands as New York’s Waldorf Astoria and London’s Virgin plan new luxury builds. The 20-story Waldorf Astoria will rise from the planned Transbay Center area, while Virgin will build its second U.S. hotel in the SoMa
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
New York City-based Blue Ribbon Restaurants will unveil its eighth restaurant concept with the opening of Blue Ribbon Federal Grill in Manhattan’s Financial District this fall. The company, founded by brothers Bruce and Eric Bromberg, also has eateries in Las Vegas and Los Angeles and
The Grapevine, Texas, City Council has OK’d a 10-year incentive package involving a portion of the hospitality tax for a 33-acre, $330 million resort whose first phase will feature 420 suites, a 20,000-square-foot family entertainment center and a 170,000-square-foot indoor/outdoor water park. Read The Dallas
The hospitality sector in Biloxi, Miss., has experienced a strong recovery from the damage by Hurricane Katrina 11 years ago. New developments include a Margaritaville Resort and many hotels. Read the The Modesto Bee/The Associated Press story here
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