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.
Maryland Live is investing in a $200 million expansion in an effort to compete with the $1.3 billion MGM National Harbor under construction nearby. A 17-story hotel and conference center will be built, as well as a theater and spa. Read The Washington Post story
Toms Shoes will open a 2,000-square-foot store at Minnesota’s Mall of America before the holiday shopping season starts. Toms, which started with a mission to donate a pair of shoes to a needy child for each pair it sold, has expanded its product lineup to
Arby’s will acquire 19 units in the Knoxville, Tenn., market from franchisee T.G.J. & Co., the latest move in the chain’s plan to buy up restaurants from small franchisees in markets where it already operates company-owned stores. The strategy is boosting sales, and the significant
Toms Shoes will open a 2,000-square-foot store at Minnesota’s Mall of America before the holiday shopping season starts. Toms, which started with a mission to donate a pair of shoes to a needy child for each pair it sold, has expanded its product lineup to
Fast-casual restaurants saw traffic fall 4% in May from the same month last year, the first decline since at least 2004, according to NPD Group. The slowdown in the segment, which has led on growth for several years, may reflect a shift by consumers to
Dodge Data & Analytics reports that construction starts increased 5% in May over the April level to an annualized rate of $636.7 billion, fueled by seven power plant projects and the $3.8 billion Dakota Access Pipeline in the Midwest. Nonresidential starts were down 6%. Read
Arby’s will acquire 19 units in the Knoxville, Tenn., market from franchisee T.G.J. & Co., the latest move in the chain’s plan to buy up restaurants from small franchisees in markets where it already operates company-owned stores. The strategy is boosting sales, and the significant
As development booms in the Greater Philadelphia area, new research, released by General Building Contractors Association (GBCA), reveals the true economic impact of commercial construction within the city of Philadelphia and the five-county region of Bucks, Chester, Delaware, Montgomery, and Philadelphia counties. The study quantifies
The first phase of construction of a $1 billion mixed-use development around the Dallas Cowboys new headquarters in Frisco, Texas, will include four hotels with 600 rooms. Construction will start in January on three of the hotels. Read The Dallas Morning News story here
Whole Foods will open its third 365 by Whole Foods Market in Bellevue, Wash., on Sept. 14, with Seattle eatery Wild Ginger Kitchen running an in-store restaurant. Whole Foods expects to open up to 10 more of the smaller-format stores next year, including the “Friend
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