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.
Wyndham Hotel Group has agreed to purchase Dolce Hotels and Resorts for $57 million. The deal expands Wyndham’s global portfolio with 24 Dolce-branded properties, which mainly cater to the group and meeting segments. Read the Hotel Management online story here
PKF Hospitality Research predicts that the lodging industry will report record growth for year-end 2014, with the 55 major U.S. markets being monitored in its Hotel Horizons report expected to have achieved occupancy of 70.4 percent, surpassing the 69% peak level set in 1996. PKF-HR
The Versailles Hotel, The Anglers Hotel and the North Tower of the Fontainebleau Miami Beach — all iconic hotels in Miami — are set to undergo renovation led by architectural firm Nichols Brosch Wurst Wolfe & Associates. The Versailles Hotel will be transformed into a
Construction on the $120 million Gale Boutique Hotel & Residences in Fort Lauderdale, Fla., is expected to begin this summer. When completed, the development will offer 96 rooms and 128 condo units. Read The Miami Herald story here
Starwood Hotels & Resorts Worldwide will keep expanding its upper upscale and luxury brands in North America in an attempt to meet the growing demand for new-build hotels prompted by the continued economic recovery and increased funding potential. Read the Luxury Travel Advisor story here
A retail store designed by Cincinnati-based Hixson Architecture, Engineering, Interiors, was selected as a “Gold” winner for Retail Store Design in the United States Design & Development Awards sponsored by the International Council of Shopping Centers (ICSC). The award, for the Bloomingdale’s at Glendale Galleria
White Lodging will begin construction of an 18-story building in Denver that will include a 219-room AC Hotel by Marriott and a 272-room Le Meridien Hotel under the Starwood Hotels umbrella. The property, which is expected to open in early 2017, will have separate entrances
Rugged apparel brand Carhartt will open its first store in Detroit this year in a three-story building in the city’s Midtown area. The 126-year-old brand’s utilitarian fashions are hot with hipsters, and the family-owned company considers Motor City its birthplace. Read the Detroit Free Press
A plan to build a 135-room Hyatt Place hotel at the Sacramento International Airport has secured approval from county supervisors. Work on the hotel is expected to begin in June for a 2017 opening. Read the CBS News/Sacramento, Calif. story here
Wal-Mart will invest $269 million in Canadian expansion this year, with $183 million going toward 29 additional supercenters. The investment plan is down from the $400 million Wal-Mart said it would spend in the country in the last fiscal year. Read the Reuters story here
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