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.
Thompson Hotels plans to renovate a beachfront site in Miami Beach, Fla., into a 380-room hotel. The Thompson Miami Beach will be the brand’s first hotel in the Miami Beach market and will include two swimming pools, three restaurants and bars, a spa and 47,000 square
Arby’s has launched a plan to update its eateries with new decor and perks such as WiFi and TV screens, starting with 30 company-owned units that will get the new look this year. The 50-year-old chain, which has about 3,400 units worldwide, has teamed with
Graves 601 Hotel Wyndham Grand in downtown Minneapolis is being sold to Loews Hotels & Resorts for an undisclosed sum. The 255-room property will be Loews’ first Midwest hotel. Read the Star Tribune story here
Simon Property Group emphasized location and a diverse tenant group as key drivers to the REIT’s success. Simon is planning on spending $1 billion for 2014, 2015 and 2016 largely on the redevelopment of existing centers. Read the American City Business Journals/Louisville, Ky. story here
A roof that resembles a camera lens when opening and closing will set apart the $1.2 billion Atlanta Falcons stadium, now under construction. The 71,000-seat stadium is expected to become operational in 2017, according to this article. Read the Engineering News-Record story here
iSquare Mall & Hotel Development LLC is seeking approval for iSquare Mall & Hotel in Orlando, Florida. The $300 million to $400 million project would offer a Las Vegas-style complex with a top-level restaurant, an observation deck, an ice skating rink, meeting rooms, retail space,
Wal-Mart Stores will focus on expanding its smaller concepts this year, including the Neighborhood Market and Walmart Express chains, a convenience format called Walmart to Go and online grocery pickup that will launch in Arkansas, company officials say. Wal-Mart will look to technology to improve
Rolling Hills Hospitality Group has been tapped to develop a 120-room hotel to support the Sharonville Convention Center in Cincinnati. City officials and Rolling Hills are working to attach a national brand to the planned $14 million property. Read the American City Business Journals/Cincinnati story
The R.J. Reynolds Tobacco Company has sold its former headquarters in Winston-Salem, North Carolina, so it can be turned into a Kimpton boutique hotel and upscale apartments. Read the CNBC/Road Warrior blog here
Hilton Worldwide is launching Curio — A Collection by Hilton, a new brand composed of luxury independent hotels. Hilton aims to fill Curio with upscale properties that offer authentic experiences and a unique atmosphere tied to their location while allowing guests to retain the benefits
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