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.
The 337-room JW Marriott San Francisco Union Square has been sold to Chesapeake Lodging Trust for $147.2 million. Chesapeake will pay for the hotel using the proceeds from the sale of the 153-room Courtyard Anaheim in Anaheim, Calif., and a public offering of 4.2 million
Vancouver, Canada-based online bespoke suit retailer Indochino will expand its brick-and-mortar presence when it opens its first of several U.S. stores in New York City this week. The seven-year-old company, which already operates stores in Vancouver and Toronto, gained a larger U.S. following with traveling
Two of three planned small-format TargetExpress stores coming to the Bay Area will land in San Francisco’s Financial District and Berkeley in March 2015. Read the American City Business Journals/San Francisco/Bay Area BizTalk blog here
The Atlanta Braves will host a groundbreaking ceremony for the team’s new Cobb County ballpark on September 16 and begin the construction phase of the project. The $672 million stadium is on schedule to host fans for Opening Day 2017, the organization says. Read the
Construction industry employment reached a five-year high in August as the sector added 20,000 jobs and its unemployment rate fell to 7.7 percent, the lowest rate for August in seven years, according to an analysis by AGC of America. Association officials cautioned, however, that the
Optimistic projections for occupancy rates at the end of 2014 and 2015 are expected to encourage hoteliers to raise room rates, experts said. PKF Hospitality Research forecasts 64.4 percent hotel occupancy in year-end 2014 and a record 65 percent occupancy in year-end 2015, while STR
ECORE International partnered with The Los Angeles Dodgers Foundation (LADF) to build the Union Rescue Mission “URM” Learning Center in downtown Los Angeles. This service event, held early this summer, came after a $100,000 grant from LADF and Dodger outfielder Andre Ethier was given to
Marriott International plans to open 1,300 additional hotels worldwide by the end of 2017, adding between 200,000 and 235,000 rooms to its global supply. It plans to double its property count in Asia and is aiming for as many as 33,000 rooms open in the Middle
S. Truett Cathy, the billionaire founder of the privately held Chick-fil-A restaurant chain that famously closes on Sundays but also drew unwanted attention on gay marriage in recent years because of his family’s conservative views, died early Monday, a company spokesman said. He was 93.
Yo! Sushi, the chain of Japanese restaurants, has announced plans to launch 50 new stores across the United States over the next six years. The UK-based conveyor-belt sushi business will open two new sites in New Jersey and Florida by December this year, with a
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