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.
A 7-acre parcel of land in Houston has been acquired by Chasewood Park Hotel through MAS Lodging Capital for a planned 139-room Springhill Suites by Marriott hotel. Construction should be finished by September 2014. Read the GlobeSt.com story here.
Hyatt Hotels marked its entry into the all-inclusive segment with the opening of the 619-suite Hyatt Ziva Los Cabos in Los Cabos, Mexico. The property offers 35,000 square feet of meeting space, eight restaurants, and six bars and lounges. Meanwhile, Hyatt’s first property under its
The Green Building Initiative™ (GBI) presented Wegmans Food Markets with two Green Globes certification for their Germantown, Md., store. The Green Globes building assessment and certification program awards qualifying buildings one through four Globes based on environmental achievements in the following areas: Management, Site, Energy,
Tropical Smoothie Cafe, a restaurant concept known for its healthy food and smoothies with a tropical twist, is planning to add 15 more locations in Alabama in the next few years. Read the Global Newswire story here.
Developers Montana Property Group and Lowe Enterprises have unveiled a $400 million development project in Santa Clara, Calif., that includes hotels, office space and commercial outlets. The master plan calls for a 125-room hotel and a 200-room hotel. The project’s first phase is expected to
Macy’s iconic Herald Square flagship is about halfway through a four-year, $400 million renovation that will add about 100,000 square feet of retail space and update the 111-year-old facade and luxurious spaces to sell high-end goods. Read The New York Times story here.
Tourism spending and arrivals in the global travel and tourism industry are projected to increase 4 percent on average amid improving economic conditions worldwide, the World Travel Market Global Trends Report 2013 shows. The report identified several trends that are expected to have a significant
Officials in Maryland will look for private partners to construct, operate and finance the $2.2 billion Purple Line project, following the state’s Board of Public Works‘ approval of the planned delivery method. The state’s Department of Transportation plans to issue a request for proposals and
The historic Hotel Duval in Tallahassee, Fla., has been sold to a private hotel operator for $23 million. Seller Hunter & Harp Holdings acquired the luxury 117-room property in 2007. Read the GlobeSt.com story here.
Smoothie King Franchises has signed eight area development agreements with new and existing franchisees to expand in several markets across the United States., including Chicago, Dallas, Atlanta, Tallahassee, Fla., Jackson, Miss., New Haven, Conn., Sarasota, Fla., and Wichita, Kan. This brings the total to more
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