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.
Florida-based Checkers Drive-In Restaurants Inc. is eyeing Greater Boston for its first Massachusetts location and aims to open up to 50 of its Checkers drive-thru burger joints across the commonwealth. Read the American Business Journal/Boston story here
Halstatt and Noble House Hotels and Resorts has sold the luxury LaPlaya Beach Resort and LaPlaya Beach Club to Pebblebrook Hotel Trust for $185 million. Pebblebrook’s portfolio now has 36 properties with the LaPlaya acquisition. Read the HotelsMag.com story here
The U.S. hotel industry’s year-over-year results indicated a nearly 2 percent increase from 2014, according to data from STR. Revenue growth in April rose to $113.51 from April 2014’s $107.37, while occupancy rates inched up to 76.5 percent last month compared to 75.4 percent. Read
Target will open a TargetExpress store in Rosslyn, Va., this fall, bringing its small, urban convenience format to an underserved neighborhood in the Washington, D.C., area. The store, one of eight new TargetExpress formats the retailer plans to open this year, will target daytime customers
The Miami River District, anchored by downtown Miami to the east and the Health District to the west, is booming. Some of the world’s finest restaurants are making the river their home while new luxury condos will add residents to a historically dense community. Retailers
The U.S. hotel industry’s year-over-year results indicated a nearly 2 percent increase from 2014, according to data from STR. Revenue growth in April rose to $113.51 from April 2014’s $107.37, while occupancy rates inched up to 76.5 percent last month compared to 75.4 percent. Read
The $100 million yearlong renovation of Hawaii’s Hyatt Regency Waikiki Beach Resort and Spa is finished. Improvements were made to its spa and public areas, and 55-inch TVs, bidet-equipped toilets and surfboard-inspired desks have been installed. Read the Travel Weekly story here
A Lego hotel launching at Legoland Florida was created using more than 2 million bricks. The five-story hotel will have 152 rooms, each with a kingdom, adventure, pirate or Lego Friends theme. Kids will also be given a treasure-hunt card that they will use to
Dollar Tree will divest 330 stores as part of its merger deal with Family Dollar Stores, selling the stores to private equity firm Sycamore Partners, which will convert them to the Dollar Express banner. The stores, which are being divested in response to regulatory concerns,
Construction employment expanded in 232 metro areas, declined in 66 and was stagnant in 60 between April 2014 and April 2015, according to a new analysis of federal employment data by the Associated General Contractors of America. Association officials said even as contractors in many
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