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.
Following through on a descriptor program started in 2011, Best Western International is hustling to maximize expansion returns before an economic downturn. The privately held company has 205 properties under construction and 4,100 hotels worldwide. The descriptor program, which launched three brands and led to
A former Target shopping center in Chula Vista, Calif., will become Gateway Marketplace, a property that will bring healthy food choices and new retailers to the area. Four major tenants are expected to call the 8.8-acre retail center home, including Aldi Food Market, Hobby Lobby
Plans for a $50 million hotel and water park have been unveiled for a parcel of land along Ocean Boulevard in Myrtle Beach, S.C. Called the Bayshore Hotel, the property will include 240 hotel rooms, an indoor and outdoor water park and pool and a
TGI Friday’s is using a renovated restaurant in Corpus Christi, Texas, to test features such as longer hours and late-night entertainment, including live music and trivia. The restaurant will include a Fridays Offsite area for customers who want to get work done or gather during
InterContinental Hotels Group wants to take advantage of expanding tourism in Asia by adding luxury hotels in the region. The third largest hotelier in Asia in terms of rooms, IHG may acquire properties or create its own brand. About 277 million international tourists visited the
Caesars International plans to redo 20% of its Las Vegas rooms and 15% companywide with furnishings and upgraded bathrooms and electronics. Caesars Palace, Planet Hollywood Resort & Casino, Paris Las Vegas and Harrah’s Las Vegas, totaling 4,800 rooms, will be renovated. Caesars Atlantic City and
The Federal Trade Commission has approved the potential sale of Haggen’s core stores to Albertsons, according to the union representing Haggen’s employees. Haggen is in the midst of a Chapter 11 bankruptcy, and an auction to sell the stores has been repeatedly postponed. If Albertsons
ALDI will enter the Southern California market, with eight new stores scheduled to open next month, followed by possibly more than a dozen by the middle of the summer. The German discount retailer has plans to open 45 stores in the area by the end
Zara parent Inditex will slow its brick-and-mortar store expansion plans to focus on faster-growing online sales. The Spain-based international fashion retailer opened 330 stores in 56 markets last year, growing to 7,000 global locations, and expanded online sales to Australia and several markets in Asia.
Dunkin’ Donuts is coming to the San Francisco Bay Area, and the first location may be in Walnut Creek, Calif. With construction set on the first unit, there will 12 opening in Contra Costa County. Read the American City Business Journals/San Francisco story here
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