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.
The owner of the Beverly Hilton hotel hopes to bypass potentially years of municipal review on a proposed 26-story high-rise development by gathering enough public support for it in a November ballot initiative. Read the Los Angeles Times story here
Uniqlo parent Fast Retailing will focus on raising its profile in the United States as it works to revive sales. The Japan-based fast-fashion retailer has said it plans to grow to 100 U.S. stores. Read the Reuters story here
Le Meridien Hotels & Resorts, part of Starwood Hotels & Resorts Worldwide, expects to spend at least $300 million on new and renovated properties, adding more than 30 new hotels to its current 100. The lifestyle brand will continue to emphasize North America and Asia
South Carolina’s Hilton Head Island is eager to attract a luxury hotel, with a recent study showing the town could support a 250-room property. Read The Island Packet story here
A new restaurant called The Fountain Detroit will launch next week in a retrofitted shipping container in Detroit’s Campus Martius Park. The 340-square-foot seasonal eatery will boast a full bar, takeout service and seating for 100. Read the Crain’s Detroit Business
The new owner of the the former Ramada Inn in Dayton, Ohio, said the hotel may not be known as “The Hotel Dayton” for very long. Read the Dayton Daily News story here
Nearly 70 acres in Sleepy Hollow, N.Y., that once housed part of a General Motors assembly plant are being converted for a $1 billion mixed-use development with residential, retail, restaurants and a hotel. A temporary bridge for construction vehicles is being built, and site grading
Arby’s Restaurant Group will open 25 units in Saudi Arabia and Kuwait in the coming years, in partnership with Johnny Rockets‘ franchisee Kharafi Global, and the chain is also eyeing opportunities in Asia and Latin America. The chain’s main growth focus is on the United
Lowe’s Canada added 496 stores to its 43 with it recent $3.2 billion acquisition of Rona, and chain aims to surpass Home Depot Canada to become the country’s biggest home improvement retailer. The company is also focusing on gaining greater name recognition than Home Hardware,
Radisson Red plans to enter the Middle East with properties opening in 2018. Read the HotelierMiddleEast.com story here
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