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.
Seattle’s Best Coffee, featured brand within Starbucks Corporation, plans to add 15 new locations in Dallas-Fort Worth this year. Following the launch of its new drive-thru concept in Seattle last fall, Seattle’s Best Coffee marked Dallas-Fort Worth as a prime location for multi-store expansion of
After three years of reorganization and strengthening of its internal structure, Hard Rock Hotels & Casino can now turn its eye toward growing its brand across the globe. The company is looking to sign five deals each year, with a focus on gateway markets such
Caesars Entertainment is working with Gansevoort Hotel Group to redesign Bill’s Gamblin’ Hall & Saloon in Las Vegas through a $185 million renovation. The casino hotel, which closed last month, will reopen as Gansevoort Las Vegas in January. Read the USA Today/Hotel Check-in blog here.
Starwood Hotels & Resorts Worldwide is projected to generate between $3 billion and $3.3 billion from business operations over the next three years, and it might use the money to acquire a global luxury hotel brand. Read the HotelNewsNow.com story here.
A transit-oriented, mixed-use project has been proposed near Baltimore’s Penn Station. The $500 million project would total 1.5 million square feet and include two office towers as well as residential and commercial space. What eventually is built will depend on market demand and what Amtrak,
The Miami lodging market is experiencing an unprecedented development growth, spurred by rising average room rates and a surge in international visitors. Read the Travel Weekly story here.
Rockpoint Group, owner of the 1,300-room Milford Plaza Hotel in New York, and hotelier Highgate Hotels have sold the property’s leased fee interest to a joint venture that includes the Deutsche Bank Asset & Wealth Management’s real-estate arm. Reports indicate that the ground lease sold
The Allegheny County Sports & Exhibition Authority board in Pennsylvania plans to begin development of roads and utilities at the 28-acre site of the former Civic Arena in Pittsburgh as part of a $40 million mixed-use project being proposed by the Pittsburgh Penguins. The project
H&M has opened 269 U.S. stores since it launched the first one 13 years ago, and the Swedish apparel retailer says it’s speeding up growth plans now that American consumers have grown familiar with the brand. H&M opened 40 U.S. stores last year and aims
Detroit’s continuing economic recovery has spurred leisure and business travel to the city, this feature says. Hotels are starting to consider development opportunities in the city to capitalize on the rising demand. Read the HotelNewsNow.com story here.
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