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 Jackson Health System, the public hospital network in Florida’s Miami-Dade County, plans to invest $1.4 billion over a decade for more than 200 projects. Most of the work will be in Miami at the system’s main campus. A new rehabilitation hospital will be built
Red Lion Hotels will unveil a new upscale brand this year as it works to expand its footprint beyond the West Coast. Red Lion aims to have a number of hotels open or rebranding under the new flag in time for the brand’s unveiling. Read
Construction employment rose in 218 of America’s 339 metropolitan areas between May 2013 and May 2014, with 40 states and Washington, D.C., adding jobs year-over-year, according to the Associated General Contractors of America. However, growth could be stifled by the potential insolvency of the Highway
Fast-fashion chain Forever 21‘s new value-oriented F21 Red concept likely will play a key role in the company’s ambitious plan to double its size over the next three years, according to Women’s Wear Daily. The company started in 1984 with a 900-square-foot store, and today the
Demolition of the Downtown Plaza in Sacramento, Calif., will begin in late July to make way for the Sacramento Kings‘ new arena. It will take about 10,000 truckloads to remove the mall’s remains. The outer shell and roof of the $477 million new facility are
The Wailea Beach Marriott Resort & Spa in Maui, Hawaii, is being sold to Sunstone Hotel Investors for $325.7 million. The 544-room property will remain under Marriott‘s management and has been scheduled for renovation in 2015 and 2016. Read the American City Business Journals/Honolulu story
Rising air travel volume has resulted in a record 27.2 million rooms sold at airport hotels through April, data from STR show. Increased demand growth coupled with muted supply increases and improving pricing power make airport hotels a potentially lucrative new development target for hotel
Conventional wisdom had it that Wal-Mart had ceded Minnesota to homegrown rival Target, but the Arkansas-based retailer is making moves in the state. Wal-Mart has 82 stores in Minnesota, the Twin Cities were chosen as one of two test markets for an online price-comparison feature,
At the end of next year, New York City’s iconic Union Square Cafe will leave the space it has occupied since 1985 and move to an as-yet unidentified space. It’s the latest Manhattan eatery forced to move or close because of skyrocketing rent prices. Read
Bucksbaum Retail Properties is negotiating to buy a stake in the proposed Addison Park development in Chicago, a long-stalled project located across from Wrigley Field. The mixed-use project calls for 168,780 square feet of retail and a 148-unit rental tower. It is one of several urban
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