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.
Chicago plans the first hotel at Navy Pier as part of a revitalization strategy for the century-old tourist attraction. First Hospitality Group Inc. will build and operate the estimated $90 million facility. Read The Washington Times/The Associated Press story here
The city of Madison, Wis., may enter into an agreement with the owners of the Washington Plaza shopping center to redevelop a space to include the Madison Public Market. The 60,000- to 70,000-square-foot market will cost the city $14 million. Read the Wisconsin State Journal
Westgate Village Shopping Center near Toledo, Ohio, will begin its second phase of construction with the addition of 7,500 square feet of retail. The current 8,000-square-foot building is fully leased and the owner, Abbell Associates, has leases for a pizza restaurant, a Mexican restaurant and
Whole Foods‘ store in San Jose, Calif., was the first to include a microbrewery and taproom, but that is not the only thing that sets the location apart from other food retailers. The store also features several investments in sustainability, including its pedestrian-friendly design incorporating
Carlson Hospitality is selling Carlson Hotels Inc. to China’s HNA Tourism Group for an undisclosed sum. A Fortune 500 company, HNA is invested in several hotel chains worldwide and is the largest shareholder in Spokane, Wash.-based Red Lion Hotels. Read the Skift story here
Starwood Hotels & Resorts Worldwide will reach 100 properties in the Middle East by 2020. Read the TravelPulse story here
A 100-room hotel is planned as part of a $25 million expansion of Oxford Casino in Maine. The project includes increasing the size of the casino floor and adding more dining options. Read the Portland Press Herald story here
The Seattle area has one of the nation’s hottest hotel markets, thanks to a growing tourism industry that generated an estimated $10 billion in economic impact. More than 38 million visitors drove an 8.3% increase in room rates and an occupancy rate that exceeded 80%.
City Ventures plans to redevelop the long-vacant Brentwood Shopping Center in La Vista, Neb. The developer may build a $200 million “urban destination” featuring 200,000 square feet of retail space, 100,000 square feet of office space and 350 apartments. Construction could begin this fall on
Panera Bread will close some small Paradise Bakery & Cafe locations and accelerate the conversion of others to Panera eateries over the next few years. Paradise, which Panera acquired in 2009, operates about 50 locations in six states. Read the St. Louis Post-Dispatch story here
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