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.
Nordstrom will open its first store in Canada next month, after more than two years of planning. The retailer is taking a measured approach to growth plans in the country, with plans to tweak things as it goes in response to its Canadian customers. Read The
Tulsa, Okla., could see a 20 percent rise in available hotel rooms if 27 hotels under contract to be built in the city are completed, according to STR. The city’s market is strong, STR reports, with revPAR rising by 9.4 percent last year, leading developers
The Kansas City Council in Missouri last week approved city subsidies and incentives for Cerner’s $4.45 billion expansion of its Three Trails campus. Site preparation work on the 290-acre property is expected to begin this year, and the first new office building should be complete
Hotels can expect strong demand and occupancy rates throughout the rest of the year, according to reports from recent the Hotel Data Conference. STR is revising its demand forecast from 2.6 percent to 3.6 percent change and is expecting supply to go from 1.2 percent
Navigant Research estimates commercial building owners worldwide will spend $959 billion to improve energy efficiency between now and 2023. Government mandates will drive some of that spending, Navigant says, but notes that much of the work will be voluntary. Read GlobeSt.com story here
Since the beginning of last year, the Sacramento area of California has seen at least 50 public and private projects worth a total of $3.7 billion in the works. The largest is the $750 million expansion project of Sutter Medical Center, which is slated for
The Red Rock Resort in Summerlin, Nev., is undergoing a $35 million renovation that include the addition of four restaurants. The project will also include a pedestrian walkway to connect the new restaurants with two of the resort’s existing dining establishments and upgrades to 26
Sprouts Farmers Market, one of the fastest-growing retailers in the country, plans to open its first store in Alabama in early 2015, as well as add six additional locations to its growing roster of fresh, natural and organic grocery stores. The new Sprouts stores will
Mall food court staple Cinnabon will test a new concept this fall called Bon Bake Shop by Cinnabon, which will feature smaller versions of the signature cinnamon roll. The new shop’s treats will be topped with a variety of frostings, including Smores and Maple Bacon.
Asian and Latin American lodging brands are expanding into Miami, adding to the market’s already diverse collection of hotel offerings. Incoming hotel groups include Swire Hotels, which plans to open its first U.S. hotel at the Brickell CityCentre, and Argentina-based Faena Hotels, which is developing
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