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.
Houston, New York, Seattle and other major U.S. destinations will see hotel growth of more than 2% this year, while second-tier markets will remain almost flat. Read the Skift 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. In addition, Fasano plans to open a property in New York in 2018, about a year after the Miami hotel
An $85 million, 85-room critical care pavilion is the first step of MetroHealth‘s multiyear project to transform its medical campus in Cleveland. The total project, worth $1.2 billion, will also include facility upgrades and community wellness and fitness resources. Read The Plain Dealer story here
Geolo Capital and Wanxiang America are planning to invest $1 billion in U.S. hotels, with $400 million already spent on such properties as California’s Ventana Inn & Spa and Carmel Valley Ranch. Read the Bloomberg story here
Mexico City plans to build a new Norman Foster-designed airport worth about $13 billion. The facility would have six runways and could be funded in large part by private investment. Read the Reuters story here
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. However, the first step will be a $42 million project to demolish the 60-year-old Riviera casino-hotel, and then pave the 26-acre
U.S. restaurant chains including Subway, McDonald’s, Outback Steakhouse and Johnny Rockets are in expansion mode in Brazil despite the country’s current economic downturn. The chains are signing new franchisees and negotiating deals on rent as they bet on the country’s 100 million-strong middle class to
Developers are proposing the future development of a boutique hotel near the Union Market neighborhood of Washington, D.C. The 178-room property would include a ground-floor restaurant and rooftop lounge. Read the American City Business Journals/Washington, D.C. story here
Simon Property Group says it will start construction on the $500 million, 52-story Copley Place Tower in Boston by the end of the year. The tower will house luxury condos and apartments, along with retail space. The company is also at work on renovations at
Walt Disney plans to open “Star Wars”-themed areas – similar to Tomorrowland – at Walt Disney World Resort in Orlando, Fla., and at Disneyland Resort in Anaheim, Calif. The 14-acre spaces will feature two major rides, entertainment venues, stores and restaurants. Read the Fox Business/The Associated
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