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.
Brookfield Property Partners, the winning bidder for the Revel, said the company plans to reopen the shuttered casino as a “resort destination.” The company owns casino properties including the Hard Rock in Las Vegas, and is expanding its portfolio beyond its prior focus on office
Innovative chefs and restaurant concepts have made Chicago a star on the culinary map, but the wider six-county region lags behind the nation in restaurant growth, according to NPD Group. The number of restaurants grew 5.1 percent over the past nine years, compared to a
JAB Holdings will acquire Lakewood, Colo.-based Einstein Noah Restaurant Group for $374 million. JAB owns Peet’s and Caribou Coffee, along with non-food brands Jimmy Choo, Bally and Belstaff. Einstein Noah operates, franchises or licenses 855 bagel shops under the Einstein Bros., Noah’s New York Bagels
A report released by Marcus & Millichap predicts continued occupancy and revenue growth for hotels, with the industry recording net operating income growth of at least 10% for the fifth straight year. Business and consumer spending continue to drive revenue growth amid an expanding economy,
The Massachusetts Gaming Commission voted 3-1 to award a casino license to Wynn Resorts for a proposed casino near Boston. Commissioners said they chose Wynn Resorts over a competing proposal from Mohegan Sun because of economic development potential of the $1.6 billion casino in Everett,
Simon Property Group has rebranded its 1.8 million-square-foot retail center in northeast Philadelphia as Philadelphia Mills to reflect recent changes at the 25-year-old complex. It has attracted new tenants, including an expanded Wal-Mart and Neiman Marcus Last Call, and is planning to add “at least
The Postcard Inn Beach Resort & Marina at Holiday Isle and the La Siesta Resort & Marina in Islamorada, Fla., have been sold to Carlyle Group. Carlyle said it plans to spend $18 million in upgrades to the two properties. Read the GlobeSt.com story here
Hudson’s Bay Company will open its first Saks Fifth Avenue store in San Juan, Puerto Rico. The 100,000-square-foot full-line store set to open next year at the Mall of San Juan will feature designer brands, including Chanel, Dior and Fendi. Nordstrom is also slated to
Hotel occupancy has remained robust in the United States, as demand grows even faster than the pace of construction, a new analysis from STR Analytics shows. The study shows the August 2014 occupancy is the highest since 1995 and the summer of 1996, and that’s
The Rainbow Room was born with good bones, but that was 80 years ago. So when Tishman Speyer, the company that owns and manages Rockefeller Center, decided to reopen it five years after it closed, the goal was to restore the glitter to one of
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