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.
Steiner and Associates is planning a mixed-use development of Liberty Center near Cincinnati will include a hotel under the AC Hotels by Marriott brand. The property is scheduled to open in 2015 and expected to include 130 rooms, a business center and 3,000 square feet of
Hunt Construction Group has secured a $247 million contract to be the builder for the Fairmont hotel project in Austin, Texas. The $370 million hotel, which will be connected to the Austin Convention Center through an aerial promenade, will include meeting space and more than
Interstate Hotels & Resorts plans to double its management portfolio to 800, with a particular focus on Europe, where its franchise-focused strategy had generated 83 managed properties. Interstate is looking to capitalize on growing investor interest in the hospitality market to secure franchising deals. Read
The 500 biggest U.S. restaurant chains saw their sales grow 3.5 percent last year, to $264 billion, with the biggest growth coming in the Asian, bakery-cafe and coffee cafe categories. Dickey’s Barbecue Pit topped the list of fastest growing chains with more than $200 million
The 10-bedroom mansion that was once Italian designer Gianni Versace’s home in Miami will reopen as The Villa by Barton G. at the end of March. The 23,000-square-foot property includes a 30-seat restaurant and a 54-foot mosaic-tiled swimming pool lined with gold, and each luxury
Hunt Construction Group has secured a $247 million contract to be the builder for the Fairmont hotel project in Austin, Texas. The $370 million hotel, which will be connected to the Austin Convention Center through an aerial promenade, will include meeting space and more than
OTO Development is looking to acquire a parcel of land in San Jose, Calif., on which it plans to build a 145-room hotel. The company plans to open the property under a Hilton brand, but it has not yet announced which brand it will use.
A major Tallahassee hotel that was abruptly shut down more than four years ago could soon be reopened. Read the WTXL-TV story here
Hawaii hotels saw stronger business in 2013, with full-year revenue reaching $5.3 billion compared with $4.8 billion in 2012, a report by Hospitality Advisors and STR shows. Average daily rates also rose 10.8 percent year over year. However, room demand and visitor arrivals declined during
Red Robin Gourmet Burgers will open one of its smaller, fast-casual Burger Works units in Chicago this summer. The chain has several of its full-service restaurants in the Chicago suburbs. The new chain would jump into an increasingly competitive field that includes Five Guys, Epic
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