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.
There are billions of dollars worth of port projects underway or being planned in Texas thanks to the Eagle Ford drilling boom. Among them are Cheniere Energy‘s proposed $10 billion gas liquefaction plant and the $1.3 billion plant being built by China’s Tianjin Pipe. Non-oil-related
Officials are saying the construction industry in Georgia could benefit from the simultaneous construction of two major sport venues, a $1 billion stadium for the Atlanta Falcons and a $672 million project for the Atlanta Braves. Each billion spent on non-residential construction could produce more
Host Hotels & Resorts has reportedly agreed to sell the Philadelphia Marriott Downtown hotel to Clearview Hotel Capital and Oaktree Capital. The purchase price is said to be between $300 million and $310 million. The 1,408-room property completed a $54 million refurbishment in 2011. Read
Hennes & Mauritz will introduce its upscale COS fashion retail brand in the United States early next year, with its first store slated to open in the spring in New York City’s SoHo neighborhood. The retailer aims to set up shop in cities with “an
FirstEnergy Corp. plans to invest $2.8 billion in transmission-infrastructure improvement projects in Ohio and parts of Pennsylvania. The project, which includes the reconstruction of 7,200 miles of transmission lines and upgrades to about 170 substations, is slated to start in 2014 and finish in 2017.
Pullman Hotels & Resorts is preparing to unveil a new design for its meeting rooms that blends elements of work and leisure. The “Business Playground” concept includes a poker-themed conference table, wall fixtures designed to spark curiosity, free Wi-Fi and a “Canopy Break” area that
Fast-food burger chain Carl’s Jr. is playing to the home crowd with its newest restaurant in Glendale, Ariz. The restaurant, which has a sweeping star-shaped exterior design, features a three-dimensional design of the familiar happy star Carl Jr’s logo runs the length of the restaurant’s
Several restaurateurs have teamed up to create Bolt Burgers, a high-tech restaurant concept set to launch in Washington, D.C., later this month. Customers have the option of ordering online to have their meals delivered within 10 minutes of sitting down at the restaurant or ordering
Umami Burger‘s growth from one to 20 restaurants in four years is just the beginning, which aims to expand the chain to 150 units worldwide in the next five years. The California restaurateur has other irons in the fire, including the fledgling build-your-own pizza chain
In the next five years, industrial building is expected to grow due to an improving economy, growing demand for U.S. manufactured goods and looser lending standards, according to a report from market research firm IBISWorld. The rise in demand for manufactured products will result in
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