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 continued expansion of Exxon Mobil Corp.’s Springwoods Village is bringing new hotel development to the area. Nearby properties under construction include a Homewood Suites by Hilton, Residence Inn by Marriott and Courtyard by Marriott. A full-service luxury property is also planned. Read the Houston
Zaxby’s, a Southeast favorite for chicken fingers and wings, is expanding its Nashville-area footprint with three new locations opening over the next several months. Read the FastCasual.com story here
Whole Foods Market plans to debut its “off-price” concept with five 365 by Whole Foods Market stores next year and 10 in 2017, offering an interactive in-store experience that appeals to millennials. The smaller, value-driven stores will also target low-income residents in underserved neighborhoods and
Hall Equities Group, a Walnut Creek, Calif., REIT, has acquired Minnesota-based ZMC Hotels for an undisclosed amount. Hall adds 4,000 new rooms to its portfolio and plans to spend $40 million for renovations. Read the San Jose Mercury News story here
Shake Shack will open its first Tokyo unit this winter in the Meiji-Jingu Gaien park. The Meiji-Jingu Gaien Shack will build on Shake Shack’s history of creating restaurants with innovative, forward-thinking architecture and design. Read the FastCasual.com story here
Crestline Hotels & Resorts will manage an additional 13 hotels owned by American Realty Capital Hospitality Trust. The 1,493-room portfolio includes Hilton, Hyatt, IHG and Marriott properties in eight states. Read the GlobeSt.com story here
A $400 million, 16-story patient tower could be built at the Banner-University Medical Center campus in Phoenix. HKS and DPR Construction have partnered to design and build the 650,000-square-foot structure. The companies will use the integrated project-delivery method, but a construction start date has yet
A strong economy has boosted demand for hotels in Cleveland. Twelve new hotels are planned for the next 12 months, and eight are under construction. The number of available rooms is expected to rise by 15% by 2017. Read the Hotel Management online story here
Fast-fashion retailer Forever 21 is exploring options for scaling down the size of some of its larger stores, and it’s in talks with Wells Fargo bankers about securing a $150 million loan, according to The Wall Street Journal. The retailer has forecast a 10% rise
The Boston area is home to the country’s fifth-largest public transit system, but that system needs $7.3 billion to maintain and upgrade its aging infrastructure, according to the Massachusetts Bay Transportation Authority‘s fiscal board. The realization comes at a time when the MBTA is looking
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page