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 Liberty Group has acquired a portfolio of three Marriott-branded hotels throughout the Southeastern United States. The hotels were part of a 26-hotel portfolio previously purchased by Goldman Sachs for $300 million in 2007. The portfolio includes:
The Liberty Group has acquired a portfolio of three Marriott-branded hotels throughout the Southeastern United States. The hotels were part of a 26-hotel portfolio previously purchased by Goldman Sachs for $300 million in 2007. The portfolio includes:
Boyd Gaming has announced the addition of a hotel tower and other features to the Delta Downs Racetrack Casino in Vinton, La. The project is expected to cost $45 million, and construction on the expansion is expected to start in September. Read the Las Vegas
Casinos and racetracks in New York are stepping up their efforts as competition looms in the form of three new gambling resorts headed to the upstate area. Horse tracks have added video lottery machines similar to slots, while hotels and other amenities such as spas
Wegmans said it is committed to opening its first urban location in Boston’s Fenway neighborhood by 2018, anchoring a $500 million mixed-use development project that will also include additional retail space, apartments, offices and parking. The city’s Redevelopment Authority approved 75,000 square feet of grocery
Wanda Hotels and Resorts‘ plans for its luxury Wanda Vista brand include overseas expansion by 2018. Read the HotelsMag.com story here
TGI Fridays has completed the sale of 48 more company-owned restaurants to JIB Management Inc., as part of the casual-dining brand’s goal to refranchise nearly all of its restaurants by year-end. Read the Nation’s Restaurant News story here
Construction for Cambria Hotel and Suites is underway in Southlake, Texas. The 175-room hotel, which will feature the new Choice Hotels International lodging brand, will debut in 2016 as part of mixed-use development Kimball Park. Read The Dallas Morning News story here
Forever 21 will open F21 Red stores in Phoenix and Tempe, Ariz. The retailer’s new brand is a full-price concept that focuses on fashion basics including jeans, T-shirts and camisoles. Read the American City Business Journals/Phoenix story here
Wyndham Worldwide is making an aggressive effort to expand its properties across the world, with China and South America as major focuses. Read the Hotel Management online story here
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