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 Atlanta Braves have picked two finalists, Pope & Land Enterprises and a joint venture that includes AEG, to vie for the $400 million mixed-use project to be developed near where the Braves’ new Cobb County baseball stadium will be built in Georgia. The project
New York, Chicago, L.A.: Choice Hotels International is planning an expansion that would hit those cities, places where there is a lot of unmet demand for its upscale new Ascend and Cambria Suites brands. But that’s just the start: The company also is charting growth
Energy efficiency led the list of new sustainability projects hotels launched last year, a survey shows, and implementing better energy management systems — which can shut down unused equipment remotely or even smooth out energy demands — can mean major savings for properties. Read the
As Roundy’s Supermarkets closes more of its midmarket Rainbow Foods stores, the retailer is focusing on its higher-end niche store Mariano’s Fresh Market, which has grown to include 14 Chicago-area locations since 2010, with four more set to open this year. Read the Star Tribune
One of the world’s biggest producers of carbon fiber, Tokyo-based Toray Industries, has announced it plans to build a $1 billion facility in South Carolina’s Spartanburg County. The facility will supply materials for Boeing’s 787 aircraft manufacturing plant in North Charleston, S.C. Toray considers the
Hard Rock Cafe will open its first Alaskan eatery in Anchorage later this spring, Krispy Kreme franchisee North to Alaska will debut the doughnut chain’s first four units there and Texas Roadhouse will open the doors of its first Alaska restaurant in May. The chains
An affiliate of WEDGE Hotels has acquired the Embassy Suites Atlanta Airport Hotel for $17.2 million. Management of the 232-suite property will go to Kana Hotel Group. The deal leaves seller FelCor Lodging Trust with three properties remaining in the Atlanta market. Read the American
Prince George’s County, Md., has accepted the site plans for the MGM National Harbor casino from MGM Resorts International. The 958,836-square-foot, $925 million resort would feature a 300-room hotel, 1,200-seat theater, 11,323-square-foot conservatory and 35,000 square-feet of meeting room as well as restaurants and retail
Hilton Worldwide Holdings is interested in “lifestyle” properties, and may look to acquire a brand that matches that boutique, personalized-experience style of hotel in the future. Read the HotelNewsNow.com story here
Ritz-Carlton‘s dramatic expansion is focusing new designs on a youthful feel to attract younger clientele, while at the same time the hotel is committed to the traditional values of its brand. Read the Skift story here
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