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.
Hilton Worldwide will focus more on a vertical prototype for its Homewood Suites brand to deal with land costs as it expands into the Caribbean and Latin America. Read the HotelNewsNow.com story here
Construction activities are expected to grow at 5 percent in 2015, leveling off from the previous forecast of 8 percent in Q1 2015, according to the Q2 Construction Outlook released by FMI Corp. Although the prediction is significantly lower than last quarter, the outlook reports
Baltimore’s Ivy Hotel is on track to open this month after the owners spent $18 million converting the historical mansion into an 18-room luxury property. Read the WJZ-TV story here
The $300 million Omni Hotel development in downtown Louisville, Ky., will include 600 guest rooms and 225 apartments. Read The Courier-Journal story here
The Hard Rock Hotel in Las Vegas is currently undergoing a series of upgrades, and the makeover of its Center Bar and the casino pit surrounding it will cost an estimated $3.4 million. The new design for the Center Bar has yet to be revealed,
Accor has announced several key changes, including revising its name to AccorHotels and launching AccorHotels.com as its one-stop-shop distribution channel. The company also plans to increase the number of hotels in its current distribution platform from 3,800 to 10,000 by adding more independents. Read the
Global cement consumption is expected to grow throughout 2015 and continue throughout the next year, but at the slower rate than in the past. A report released by the Portland Cement Association (PCA) indicates that cement consumption among developed economies increased by roughly 9.2 million
Primark, a Dublin-based retailer of Irish fashion products, plans three stores in Massachusetts, including one at the Burlington Mall. According to Banker & Tradesman, Primark will lease 73,000 square feet from Sears on the second level of the Burlington Mall. Occupancy will take place by
Greenland Forest City Partners plans to build a 26-story tower at the Pacific Park development in New York City. The mixed-use project in Brooklyn will contain 312,750 square feet of residential apartments and 4,000 square feet of retail. Read The Real Deal story here
The Royal Hawaiian and Hilton Hawaiian Village in Waikiki, Hawaii, recently completed extensive renovations. At the Royal Hawaiian, the updated Mailani Tower now includes its own concierge team. At the Hilton, refurbished rooms now include a “sense of place” inspired by Hawaii. Read the Los
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