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.
Station Casinos has unveiled the design of the $800 million Graton Resort and Casino outside Rohnert Park, Calif. Construction of the casino began in June. The casino is slated to open later this year. Read the Press Democrat story here.
Kroger has acquired the Ashton Place Shopping Center in the Charleston, W.Va., area. The retail center traded for $12.6 million. Kroger is the anchor tenant. Read the Charleston Daily Mail story here.
The Renaissance Meadowlands Hotel in Rutherford, N.J., has been purchased by a joint venture of RockBridge Partners and Concord Hospitality Enterprises. The new owners say they plan to invest $5.25 million in renovations on the 167-room property, including its guest rooms and public spaces. Read
The Towers, a hotel in the New York Palace, is undergoing the first phase of a $120 million property redesign that includes revamping the lobby. The Towers occupies the top 14 floors of the Palace. The room upgrades should be completed by June. Read the
The St. Louis Cardinals broke ground Friday on the $100 million first phase of what will become the Ballpark Village mixed-use project. The $700 million development will be completed in phases and include “100,000 square feet of retail and entertainment space” and span a seven-block
Wawa Inc. opened its first Tampa Bay, Fla., store on February 8. According to CSPnet.com, the location is the first of five stores that the grocer plans to open in the area during the next five weeks. Last year, Wawa made its debut in Florida,
99 Cents Only plans to open six new stores during the fourth quarter of fiscal 2013. The majority of the stores are expected to open in California. During the third quarter of fiscal 2013, the company opened seven stores — four in California, one in
Restaurants created new jobs at the fastest pace in 17 years in 2012, and they’re on track to see similar growth this year, according to the National Restaurant Association. The industry now employs about 441,000 more people than it did in the peak pre-recession years,
TravelClick’s North American Hospitality Review for January predicts a steady increase in key hotel metrics in 2013 as average daily rates continue to push growth in revenue per available room. The group projects committed-occupancy growth of 2 percent in 2013, while rates and revPAR are
Dunkin’ Donuts plans to sign multi-unit store development agreements with two franchise groups to develop 11 new restaurants throughout New Orleans over the next several years. Read the QSRMagazine.com story here.
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