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.
Major League Soccer‘s D.C. United is building a $300 million, 20,000-seat stadium in the nation’s capital after the D.C. Council approved a financing package. The District will purchase the land and provide site preparation worth a total of $150 million. The stadium, which should open
Canadian convenience store retailer Alimentation Couche-Tard will acquire the North Carolina-based Pantry chain, which operates Kangaroo Express stores, in a cash and debt deal valued at about $1.7 billion. The deal, expected to close in the first half of 2015, will give Couche-Tard about 7,800
Eco-conscious Element Hotels has opened its first non-U.S. property, the Element Frankfurt Hotel, and is on track to double its global portfolio over the next three years. Element currently has 16 hotels in its pipeline through 2017 in markets that include Amsterdam, London, Canada and
Major League Soccer‘s D.C. United is building a $300 million, 20,000-seat stadium in the nation’s capital after the D.C. Council approved a financing package. The District will purchase the land and provide site preparation worth a total of $150 million. The stadium, which should open
DeBartolo Development wants to build a 1.4-million-square-foot shopping mall on the island of Oahu in Hawaii, and has signed a long-term lease on a 67-acre site. Prep work could begin this month on the $500 million project. About 3,000 construction jobs will be created. Read
The city of Nashville, Tenn., has issued nearly $2 billion in building permits so far this year. City administrators say the number is expected to climb to $2.2 billion before the end of 2014. News recently broke on two major projects, which will include a
A consortium of companies has been selected for a $564 million project that includes a hotel and sports arena in Chicago. When finished, the project will include a 40-story hotel and a 10,000-seat arena where the DePaul University basketball teams will play their games. Read
The National Basketball Association‘s Sacramento Kings is getting a new $477 million arena. The team wants to construct a $250 million mixed-use project next to the arena, which would include a 16-story tower with a hotel and condo units, along with retail, office space and
Four Seasons Hotels & Resorts is entering a period of unprecedented growth and could double its portfolio in the next 20 years. Read The Telegraph story here
Dunkin’ Donuts, a nearly ubiquitous chain on the East Coast, plans to make its debut in the Bay Area in 2016 and eventually open dozens of locations in the region. Two franchisees plan to open a combined 39 Dunkin’ Donuts locations in the Bay Area
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