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.
L.L. Bean plans to open a store outside of Kansas City, Kansas, later this year, marking the retailer’s 26th bricks-and-mortar store outside Maine and the latest in a series of expansion announcements. Read the Bangor Daily News story here
McDonald’s has unveiled a new look for its stores with a New York City location that features “Create Your Taste” kiosks, which enable consumers to craft their own burger from a range of breads, patties, cheeses and other accompaniments. The revamped restaurant also shows off
Aqua Hospitality and Aston Hotels & Resorts have announced that they will operate under the unified brand Aqua-Aston Hospitality. Both companies are owned by Interval Leisure Group. Read the American City Business Journals/Honolulu story here
Interest in the hotel market in Orlando, Fla., has “caught fire over the last year.” This investment can be attributed in part to the growing Orlando International Airport. Read the GlobeSt.com story here
Nonfarm payrolls were up 215,000 in July, according to today’s data from the Bureau of Labor Statistics. This was in line with economists’ expectations. The construction sector added 6,000 jobs. The unemployment rate stayed steady at 5.3%. May and June numbers were revised up 14,000
Price Rite has entered the New Hampshire market with a new store that opened in Manchester on Sunday. The 45,000-square-foot store, which offers a streamlined selection, minimizes overhead with a smaller footprint, fewer brands, less size variety and no extra services like an in-store bakery,
The Las Vegas Convention and Visitors Authority has plans to spend $2.3 billion to expand its convention center and create a Global Business District. But the first step will be a $42 million project to demolish the 60-year-old Riviera casino-hotel, and then pave the 26-acre site
Developer Hudson Holdings plans to spend more than $20 million to convert an 11-floor office building in Louisville, Ky., into a “very, very high-end boutique hotel,” according to the company. Read The Courier-Journal story here
The Ritz-Carlton, Chicago, is a full member of The Ritz-Carlton portfolio and ceased being managed by Four Seasons Hotels and Resorts. The hotel will spend the next two years renovating its 435 guest rooms and public spaces. Read the Frequent Business Traveler story here
The Shore Club in Miami Beach, Fla., has tapped Fasano to operate a new hotel and condominium. This will be Fasano’s first non-South American project. Fasano has plans to open a property in New York in 2018, about a year after the Miami hotel debuts.
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