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.
Four Stop & Shop Supermarket stores, one Giant of Maryland store and one Giant Food Stores location have earned Leadership in Energy and Environmental Design certification, according to parent Ahold USA. The stores’ energy-efficient features include a white roof to reflect sunlight and reduce heat
Dollar General, Family Dollar and Dollar Tree prospered during the downturn, and they’re continuing to grow both their sales and store counts, even as bigger and more established chains like Wal-Mart experience a slower recovery. A combination of factors is fueling the growth, including the
Dunkin’ Donuts signed a multi-unit store development agreement with existing franchisee Sizzling Donuts LLC for seven new restaurants throughout northern Utah. The first restaurant, north of Bountiful, is planned to open this year, with the remainder by 2020. Read the QSRWeb.com story here.
J.C. Penney will open its first new home goods sections, which are planned for 500 of its 1,100 stores. The new shops are part of a larger plan to turn the chain’s larger stores into a collection of shops with one-of-a-kind goods; it’s the cornerstone
Checkers plans to open 200 stores over the next two decades and up to 10 sites by the end of 2014 in the Boston area. Read the American City Business Journals story here.
A New York-based REIT, Carey Watermark Investors Inc., has acquired a hotel in Pittsburgh. It paid $29.9 million and plans to make $4.8 million in improvements to the hotel, a 132-room Courtyard by Marriott. Read the Commercial Property Executive story here.
MBR Waterview, a company managed by the Chetrit Group investment firm, has acquired the Miami Beach Resort from Blackstone for $117 million. MBR says it plans to renovate the landmark 424-room property. Read the Miami Herald story here.
Alaska, Hawaii, Texas and Arizona were at the top of the list of 35 states that added construction jobs in the past year, according to an analysis by the Associated General Contractors of America. Read the American City Business Journals story here.
Demand for luxury travel is going up in emerging markets such as Brazil, Russia and China, Small Luxury Hotels of the World reports. Read the TravelPulse story here.
Forbes has released a list of the top 15 cities tagged as “Emerging Downtowns” where populations have boomed and college-educated professionals are settling in. Among the cities with booming downtowns are Denver, Detroit, Atlanta, Cleveland, Los Angeles and New York City. Pedestrian walkways, bike paths
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