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.
Jos. A. Bank has agreed to acquire apparel brand Eddie Bauer from private-equity firm Golden Gate Capital in a cash and stock deal valued at $825 million, the companies said. The deal comes amid ongoing efforts by Jos. A. Bank and Men’s Wearhouse to buy
The Foxwoods Catskills Resort Casino — one of six or more applicants for two local licenses — presented an outline of its resort proposed for the Catskills region of New York. The $400 million resort on 1,200 acres will include a spa, golf course, hotel,
Minneapolis is seeing a spate of existing-hotel renovation and, for the first time in several years, new hotels planned for downtown. Deals are being discussed that could bring a Hampton Inn & Suites and two other major hotels to the city. Read the Finance and
Serial restaurateur Paul Fleming, the creator of P.F. Chang’s and Fleming’s Steakhouse, has created a third chain called Paul Martin’s American Grill, which has six California locations and will open a seventh in Scottsdale, Ariz., this spring. The eatery stresses sustainability with seasonal menus that
Bruegger’s Bagels newest multi-unit development deal with West Palm Beach, Fla.-based Great Service Restaurants, calls for the opening of five co-branded Bruegger’s/Jamba Juice locations throughout South Florida, according to a company press release. Read the FastCasual.com story here
Hotel chains and casinos are adding low-energy lighting to guest rooms, putting solar panels on roofs and using hotel limousines powered by compressed natural gas, but these sustainable practices could be bolstered by the use of third-party standards that measure hotels against one another. Read
This article has renderings of the Southwest Waterfront mixed-use project in Washington, D.C. The project, which will include apartments, condos, retail and office space, and cultural space will cost about $2 billion. Work is expected to start in March, and the first phase should be
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
From the Seven Stars Resort in Turks and Caicos’ menu of ocean sports to the Hilton Waikoala Village in Kona, Hawaii’s gluten-free and low-calorie dining options, high-end resorts and packaging luxury and wellness together for travelers intent on achieving both. Other top resorts for the
A report by PricewaterhouseCoopers shows that the meetings segment contributes $130.2 billion to the domestic travel industry. Hotel revenue generated from meetings attendees reached $39.3 billion in 2012 while airlines generated $23.8 billion. The meetings industry in 2012 saw 224.9 million people attending 1.83 million
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