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 Grand Hyatt at Dallas/Fort Worth International Airport is a leader in the trend toward more sophisticated airport hotels, moving away from the cookie-cutter designs of the past. Read the USA Today story here
Salad chain Sweetgreen will relocate its main headquarters from Washington, D.C., to Los Angeles as part of its westward expansion. The chain, which has grown to 39 units since opening its first in Georgetown in 2007, plans to maintain its Washington, D.C., and New York
At least 865 hotels are under construction in the US, with 103,230 new rooms to be available this year. New York, Chicago, Detroit and Washington, D.C, are some of the top markets for the new construction, and many of the new lodgings will be limited-service.
National Football League owners approved the relocation of the St. Louis Rams to Inglewood, Calif., near Los Angeles, allowing Stan Kroenke to begin construction of a new stadium. With associated relocation fees, the project’s cost could top $3 billion. The San Diego Chargers were given
Buccini/Pollin has purchased its first Philadelphia property, the Omni Hotel Independence Park in Old City. The Omni, which will be reflagged as a Marriott Renaissance, was acquired along with two properties in King of Prussia from Valley Forge Investment Corp. Read the Philly.com story here
The historical St. Anthony hotel in San Antonio has unveiled its extensive restoration. Starwood Hotels & Resorts and BC Lynd Hospitality invested $300 million to bring the property up to date, including revamping 277 guest rooms. Read the HotelsMag.com story here
Nonfarm payrolls were up 292,000 in December, according to today’s data from the Bureau of Labor Statistics. The construction sector added 45,000 jobs, and the unemployment rate stayed steady at 5%. The labor participation rate moved from 62.5% to 62.6%. October and November numbers were
Travelodge plans to open 19 new hotels in the UK this year and has targeted 250 additional UK sites. The budget chain, which has 542 properties, completed $145 million in updates to its properties in December. Read the BusinessTraveller.com story here
Marriott International and Starwood Hotels & Resorts broke ground for a dual-branded hotel in downtown Denver. The 18-story structure will house an AC Hotel by Marriott and a Le Meridien Hotel, a Starwood brand. Scheduled for opening in 2017, it will have a combined 295
Paperwork filed with Orange County in Florida indicates Great Wolf Resorts is looking at a 50-acre parcel of land near Orlando, Fla. The project could include a water park with water slides and interactive pools and dry attractions including bowling alleys, a ropes course and
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