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.
Neiman Marcus will open its 42nd department store, in New York this weekend, as the retailer trudges through a rough period in luxury spending and continues to focus on merging its physical and online channels. The new store, which is smaller than the department store
Former Miami Heat player Ray Allen and his cooking show host wife, Shannon Allen, will open a quickserve concept with a healthy organic menu in Miami next month. The menu at the new eatery, called Grown, was inspired by the pair’s son who has type-1
Hotels in the Orlando, Fla., market enjoyed growth in 2015, figures from the research firm STR show. Room rates, revenue per available room and occupancy all rose. The 3% occupancy increase over 2014 brought the average to 77%, compared with the national mark of 65.6%.
Florida’s Seminole Hard Rock Hotel & Casino Hollywood will build a guitar-shaped tower with 800 rooms, part of a $1.8 billion expansion. Read the Orlando Sentinel story here
Nonresidential construction starts in January were up 12.9% from the year-ago level, beating analysts’ expectations. However, housing starts fell 3.8% and multifamily starts 3.7% between December and January. Read the Bloomberg story here
Core Realty will turn a 12-story landmark Macy’s location in Pittsburgh into a mixed-use space. The estimated $100 million project, named Grand at Fifth Avenue, will include retailers, entertainment, a 155-room hotel and 312 apartments in the downtown area. Read The New York Times story
Converse found a perfect fit when it sought to renovate its Manhattan flagship store. It was imperative that the store have as little downtime as possible, and Schimenti Construction delivered a solution tailor made for the iconic sneaker retailer. After only one month of shutdown,
Major developments in Dallas, San Francisco and Santa Fe, N.M., along with moves into two other still-unannounced cities, will double the U.S. presence of Langham Hotels and Resorts. The company has hotels in Boston, Chicago, New York and Pasadena, Calif., as well as cities on
Foodservice sales are expected to rise 5% to $782.7 billion this year, according to projections from the NRA. Read the Nation’s Restaurant News story here
A 24-story Hilton Canopy Hotel is planned for downtown San Antonio, where a 1950s-era office building will be demolished. Crockett Urban Ventures plans to tear down the historic Sullivan Bank building to erect the 197-room boutique hotel. Read the San Antonio Express-News story here
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