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.
Thayer Lodging Group has sold the Hilton Garden Inn on Tamiami Trail in Manatee, Fla., to Excel Sarasota 1, owned by hotel developer Shoham Amin. The 115-room property was sold for $10.8 million. Read the Bradenton Herald story here.
Kessler Collection poured $6 million into renovations at the Castle Hotel in Orlando, Fla. The hotel has also joined the Autograph Collection, which is a group of independent luxury hotels affiliated with Marriott International. Read the Orlando Sentinel story here.
Dollar General has opened 100 of its prototype, full-sized Market grocery stores across the United States in an effort to compete with Wal-Mart and other supermarkets. Read The Tampa Tribune story here.
Food Lion has unveiled its newest format at a remodeled store in North Carolina, as part of an effort to fulfill its “easy, fresh and affordable” strategy. Features include faster and easier checkout, a different bagging system, lower top shelves, an expanded gluten-free department and
The Southeast Michigan Council of Governments Commission voted 24-7 on Friday to advance a $2.3 billion proposal to expand two stretches of Interstates 75 and 94 that serve Detroit and its suburbs. Work on I-75 could begin in 2016, while construction on I-94 could start
The Sundial Beach Resort and Spa on Florida’s Sanibel Island was purchased by R.L.R. Investments LLC for $2.2 million. Read The News-Press story here.
Krispy Kreme‘s chain’s sales growth has spurred a new round of expansion plans and a quest to grow in new markets. In the next fiscal year, the doughnut chain plans to open as many as 15 new company-owned stores and about two dozen U.S. franchise locations.
Chanticleer Holdings, which owns part of the Hooters chain, will acquire a majority stake in Spoon Bar & Kitchen, an upscale seafood eatery in Dallas, from chef John Tesar. Tesar will work with the new owner to launch a separate fast-casual concept in the Dallas
Little Rock, Ark., is poised to have two additional hotels in its supply with the planned construction of a 115-room Homewood Suites by Hilton and a 135-room Hilton Garden Inn. Construction of the two properties is expected to begin in 2014, with opening slated for
Sunstone Hotel Investors has closed on its acquisition of the Hyatt Regency San Francisco for $262.5 million. The 802-room property will remain under management by Hyatt Hotels. Read the HotelsMag.com story here.
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