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.
A 21-story hotel being built in Brooklyn, N.Y., has had its name changed ahead of an opening set for early 2016. Formerly known as the Level Hotel, the property is now dubbed “The William Vale,” derived from the name of a mid-1800s Brooklynite whose property
Loews Hotels & Resorts unveiled its third brand, Loews Regency, and placed the recently acquired Mandarin Oriental in San Francisco under the new brand, renaming it the Loews Regency San Francisco. The company hopes to see one or two more new Loews Regency hotels this
Banana Republic‘s new New York City flagship on Fifth Avenue sports the Gap-owned brand’s new look. The 27,892-square-foot, two-story store trades a subdued and serious selection of career styles for splashes of color and more casual pieces. Read the Bustle story here
JetBlue Airways has partnered with MCR Development, a hotel developer based in New York, on a plan to turn an abandoned terminal at John F. Kennedy airport into a hotel. Read The Wall Street Journal story here
Oak Coast Properties has purchased the 219-room DoubleTree San Diego-Hotel Circle. The sale included transactions for the property’s leasehold and land for a total of $49.25 million. The new owner has unveiled plans to renovate the hotel. Read the San Diego Union-Tribune story here
Marriott’s newest AC-branded property is opening in Chicago next month, hoping to lure millennials with a modern, minimalistic design; breakfast lounge; and bar. The 226-room AC Hotel Chicago in the River North neighborhood most recently was the Hotel Rush. Read the American City Business Journals/Chicago
In the world of Bay Area restaurant news, Bennigan’s is not a name that’s heard often, but that could change. The once-bankrupt casual dining chain is making a comeback, bringing with it 100 new locations throughout California. Read the American City Business Journals/San Francisco story
Nordstrom Rack will make its debut in the Pittsburgh market with a 40,000-square-foot store set to open at a shopping center that’s being redeveloped by Ohio-based LRC Realty. The store will sit about a mile from the region’s only full-line Nordstrom department store. Read the
Giordano’s is coming to Navy Pier in late May. The pizza chain’s CEO Yorgo Koutsogiorgas competed for the spot through a formal application process and learned of his win in November. Read the Chicago Tribune story here
Build-your-own burger concept The Counter has grown to 40 restaurants and is in expansion mode, along with sister fast-casual concept Built. Customers at The Counter can create their burgers on paper menus or mobile applications, while patrons at the lower-priced Built walk down the line
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