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.
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
Moe’s Southwest Grill signed a multiunit development deal that will bring eight Moe’s restaurants to Las Vegas within the next five years. Native Las Vegas residents and long-time friends Joseph Ruggeroli and Mike Kelesis will open the restaurants, with the first location slated to open
Sage Hospitality announced its acquisition of seven Courtyard by Marriott hotels in the United States through a partnership with Whitman Peterson Capital Partners. Sage Hospitality did not disclose the purchase price but said it plans to invest $23 million in renovations to the properties, which
Dollar General plans to open 635 new stores in 2013, driving the total to more than 11,000 by the end of the year. Read the Reuters story here.
Marriott is looking forward to the future, especially with its JW Marriott brand. The company expects the brand to grow 50 percent over the next four to five years and aims to have 79 JW hotels up and running by 2015.The brand is growing globally,
Starbucks operates about 800 cafes in China, with plans to expand to 1,500 in 70 cities in the next two years, staying optimistic about its prospects even as rivals including Costa Coffee and Pacific Coffee mount their own expansion plans. Read the China Daily story
Downtown Project has acquired the Western Hotel and Casino in Las Vegas. In 2005, Tamares Real Estate took over the now-shuttered hotel casino. Read the Las Vegas Review-Journal story here.
Darden Restaurants‘ growth strategy hinges on turning around its biggest brands including Olive Garden and Red Lobster by keeping menu prices steady and cutting back on expansion, while at the same time focusing on faster growth among its specialty brands. The 168-unit specialty group, which
Fans of the casual dining pioneer Bennigan’s are enjoying the chain’s comeback attempt. But today, the chain faces challenges, among them the raft of competing concepts that didn’t exist the first time around. Read the Fort Worth Star-Telegram story here.
New all-suites brand Woolley’s Classic Suites is aiming to capture the upscale corporate traveler segment in Aurora, Colo., where work has begun on its first property near Denver International Airport. Regarding expansion, the new chain will target the Midwest, Southern and Western U.S. regions, including
Sign up for our eblasts to get updated information, news and opportunities.
Always stay two steps ahead of your Competitors. Stay informed with the latest in the Industry.
This site uses cookies to ensure that you get the best user experience. By choosing “Accept” you acknowledge this and that ccr-mag.com operates under the Fair Use Act. Furthermore, Changing privacy laws now require website visitors from EEA based countries to provide consent in order to use personalized advertising or data modeling with either Google Ads & Analytics. Find out more on the Privacy Policy & Terms of Use Page