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.
Ashford Hospitality Trust is acquiring the remaining 28.26 percent stake in the Highland Hospitality portfolio for $250.1 million from Prudential Real Estate Investors. The 28-property portfolio, which is valued at $1.735 billion, includes Hilton, Hyatt, Marriott and Starwood properties. Read the GlobeSt.com story here
The opening of W Hotels‘ 168-room W Bogota in Colombia, Wyndham Hotels and Resorts‘ plans for 1,000 rooms in Peru in 2015, and G6 Hospitality‘s move to bring Hotel 6 and Estudio 6 to Mexico all point to heightened interest in Latin America as 2014
AT&T has opened a new style of store at Westfield Garden State Plaza mall in Paramus, N.J., that mimics Apple stores’ open, collaborative design. The 6,500-square-foot store features display tables, where customers can try out devices, and café-style “learning tables,” where customers can learn about
Since 2009, Miami University, located in rural Ohio, has spent $410 million on building. Construction spending climbed to $182 million this year and resulted in new dorms, dining halls and a student center. And, coming up is a nearly $100 million renovation to the North
Wahlburgers – the Mark-, Donnie-, and big brother worrywart chef Paul-owned burger chain made famous by A&E – is planning an ambitious expansion that will add 27 more location to its roster. Seven will be in New York City, and though it’s not quite clear
Bass Pro Shops is in the process of transforming a 32-story glass-and-steel pyramid in Memphis, Tenn., into a 535,000-square-foot sporting retail hub. Originally built as an arena, the pyramid failed in its mission to become the building that defined the city. Plans call for a
Safeway and Albertsons have agreed to sell 168 stores to four buyers to receive regulatory approval for their merger. The U.S. Federal Trade Commission must approve the purchases, the bulk of which will be made by Bellingham, Wash.-based grocer Haggen. Other buyers include Associated Food
Thirty-eight states and Washington, D.C., added construction jobs to their rosters between November 2013 November of 2014, according to a study by the Associated General Contractors of America. Texas saw a 7.7 percent increase in jobs – the most in the country – while West Virginia lost
CN Hotels and Asheville Property have proposed building a 104-room Towne Place Suites hotel in Asheville, N.C. The project is scheduled for review by the city planning commission in January. Read the Asheville Citizen-Times story here
Corner Bakery Café will enter the Montana market thanks to a five-unit deal with franchise partner Anderson Management Group, led by multirestaurant operator Brad Anderson and operating partner Brian Yates. Read the FastCasual.com story here
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