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.
Outback Steakhouse parent Bloomin’ Brands will sell its 29-unit Roy’s seafood chain to United Ohana, a new company formed by the operator of 69 Texas Applebee’s restaurants. Bloomin’ will focus on its four core brands: Outback, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse
Seven new hotels are in the works for downtown Louisville, Ky., ranging from the nearly completed The Hilton Garden Inn to a 145-room Holiday Inn Express and Suites still in the planning stages. Read the WAVE-TV story here
Union Square Hospitality Group opened its first Chicago Shake Shack, with founder and CEO Danny Meyer on hand to share his thoughts on the Windy City food scene. Read the Chicago Tribune story here
Target will open a four-story urban store near Boston’s Fenway Park next year that will go against the trend of downsizing large retail concepts to fit smaller city spaces. The 160,000-square-foot CityTarget store is slightly larger than a traditional suburban Target store, though a lobby
The cost to travelers for flights and accommodations are likely to rise in 2015 as tight hotel supply, airline consolidations and an uptick in demand from business travelers worldwide push prices higher, according to American Express Global Business Travel. Hotel rates in North America are
Early site work is underway for the $800 million One Daytona mixed-use project located across from the Daytona International Speedway in Florida. A stormwater pond will need to be relocated and additional drainage added before retail space and entertainment venues can be constructed. The project
Dunkin’ Donuts has reached an agreement with an Arizona francisee to open six additional eateries in the Phoenix region. The new Dunkin’ Donuts restaurants would bring to 71 the number across Arizona. Read The Arizona Republic story here
Ground could break next fall on a $250 million medical campus on a 150-acre site in Milford, Del. Bayhealth Medical Center wants to add 163 beds as well as physician and out-patient services and expanded diagnostic testing. The project could create 100 new construction jobs.
Costco plans to build a new warehouse store in Perth, Australia, to better serve its growing membership base in West Australia, the company said. Costco opened its first Australian store in Melbourne in 2009 and has since added stores in Queensland, Victoria, New South Wales
Morgans Hotel Group Co., a New York City-based developer, is proposing a $125 million hotel in Philadelphia. The 300-room building with two floors of retail space will be located at the corner of 17th and Chancellor streets. A parking garage is currently on the site,
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