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.
Two founders of Outback Steakhouse have latched on to their next big idea for restaurants and purchased the franchise rights to build Glory Days Grill locations throughout Florida. Read The Tampa Tribune story here.
PwC US said in an updated performance forecast for U.S. hotels that it expects continued improvements in hotel fundamentals for the rest of the year and in 2014. PwC projects a 5.5 percent growth in revenue per available room in 2013 and a 5.9 percent
Chatham Lodging Trust paid $71.8 million for a 231-room Residence Inn by Marriott in Bellevue, apparently setting a record for a hotel sale in Washington state. Read The Seattle Times story here.
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
Fatburger, the Hollywood-based burger franchise, opened its first full-service, co-branded location with sister brand Buffalo’s Cafe in Seattle. The brand looks forward to serving the community its hand-scooped shakes, burgers, and signature chicken wings with full table service. Read the QSRMagazine.com story here.
The Chandler’s Windmill Suites Hotel in Chandler, Ariz., and the Windmill Suites Hotel in Tucson, Ariz., have been acquired by Noble Investment Group for an undisclosed amount. Noble says it plans to rebrand the Chandler hotel as a Hyatt Place and the hotel in Tucson
The Atlanta Braves team has announced plans to move from Atlanta and build a stadium with up to 42,000 seats in Georgia’s Cobb County, which will become its new home in time for the 2017 season. The stadium will be part of a 60-acre mixed-use
The Council on Tall Buildings and Urban Habitat’s Height Committee has determined that New York City’s 1 World Trade Center tower is the tallest structure in America. The committee decided that the tower’s 408-foot spire should be part of the building’s height, and the ruling
The Orlando Magic team is moving forward with its proposed entertainment complex in downtown Orlando. The $200 million project will include the team headquarters and residential and retail space, as well as a hotel and convention center. Bidding on the project could start within the
Corporex Colorado has broken ground on a $50 million project in Denver that includes a 165-room hotel and 50,000 square feet of office space. The boutique Art hotel will offer 20 suites, iPad check-in and public spaces adorned with modern art. Read The Denver Post
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