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.
Construction starts rose 32 percent to $25 billion from February to March, according to a new report from leading construction data provider CMD. The biggest sectors driving the increase were the commercial and industrial markets. In general, Spring sees a rise in construction, and large
La Quinta Inns & Suites sees more growth ahead thanks to strong investor and consumer interest in the select-service sector. The company’s portfolio outlook is also positive, considering it’s half the size of most major hotel firms. La Quinta launched its initial public offering one
Hilton Worldwide marked its entry into Rio de Janeiro with the opening of the 298-room Hilton Barra hotel. The property offers close access to the Olympic Park for visitors during the 2016 Summer Olympics, 14,000 square feet of meeting space and a rooftop bar. Read
Two Malaysia-based companies have teamed up with plans to open 100 Johnny Rockets restaurants in China over the next 10 years. Existing franchisee AUM Hospitality and department store operator Parkson Retail Group will focus on opening units in malls and retail centers in Shanghai and
Construction of the new hockey arena for the Detroit Red Wings and a 45-block entertainment district will soon get under way. At least 10 Detroit-based firms have been awarded $25 million of the first $30 million in contracts for the projects, which are expected to
JW Marriott‘s opening of two properties with 1,000-plus rooms highlights the company’s move to build larger hotels faster. In February, the company opened JW Marriott Austin in Texas, a 1,022-room property, and it plans to open the 1,015-room JW Marriott Hotel Macau in May. Read
Men’s Wearhouse has opened the first Joseph Abboud flagship in New York City, marking the menswear retailer’s move into a higher-end niche. The upscale menswear category is growing faster than the lower-priced tiers, and the elegant 4,300-square-foot Madison Avenue store is a key part of
The SLS hotel brand is slated to enter Mexico with five new resort properties in Cabo San Lucas, Cancun, Mexico City, Puerto Vallarta and Punta Mita. The hotels will include residential space, club membership units, nightclubs and restaurants. The Cabo project’s first phase is expected
California’s newest entry into the luxury hospitality arena welcomes the long-awaited debut of the repositioned Bernardus Lodge & Spa. Following a four-month, multi-million dollar transformation, the Forbes Four Star 57-guestroom property is set on 28 fragrant acres of lavender, orchards and vineyards. Highlights include the new
The new owners of the Mondrian Soho have officially renamed the property NoMo Soho Luxury Hotel. “As an abbreviation for ‘nostalgic + modern,’ the term NOMO sits at the intersection of vintage and cutting edge, both associated with the style of its location,” the owners
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