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.
Wynn Resorts has formed the Wynn Resorts Development, which will spearhead its worldwide expansion. Wynn Resorts is pursuing several development plans, including a $4 billion resort on Macau’s Cotai Strip and casino proposals in Philadelphia and Massachusetts. Read the Las Vegas Review-Journal story here.
Greenfield Farms Food has signed a non-binding Letter of Intent to acquire 100 percent of the equity interest in Ohio-based Carmela’s Pizzeria. Carmela’s has three Dayton, Ohio, area locations offering authentic New York style pizza. In addition, Carmela’s offers a full-service menu for dine in,
Several key markers of growth in the construction industry, including the 30,000 jobs added in December, could be attributed to an improving economy, but economists are cautious about calling it a rebound. Group such as the Associated General Contractors of America expect modest growth for
North Dakota’s hotel-development pipeline continues to expand in an effort to meet the population boom caused by the state’s flourishing oil industry. Short- and long-term budget properties are thriving as they accommodate oil workers in need of temporary lodging. Read the Hotel Interactive story here.
Greenfield Farms Food has signed a non-binding Letter of Intent to acquire 100 percent of the equity interest in Ohio-based Carmela’s Pizzeria. Carmela’s has three Dayton, Ohio, area locations offering authentic New York style pizza. In addition, Carmela’s offers a full-service menu for dine in,
Several key markers of growth in the construction industry, including the 30,000 jobs added in December, could be attributed to an improving economy, but economists are cautious about calling it a rebound. Group such as the Associated General Contractors of America expect modest growth for
Green building in the United States is expected to rebound this year, after Leadership in Energy and Environmental Design projects represented 20 percent of all new put-in-place construction in 2012, experts say. The greatest expansion of green building will be in retrofits. Other expected trends
Owners of underperforming hotels may consider marketing their property for potential conversion as investor interest in adaptive-reuse projects grows. Hotels can be repurposed as student housing, condominium properties or assisted-living facilities depending on the area’s market. Read the HotelNewsNow.com story here.
The $3.5 billion Baha Mar casino resort project in Nassau, Bahamas, is forging ahead. The gambling resort, which is slated to open in 2014, includes four hotels, 307 luxury private villas, retail and dining space, a golf course and a 100,000-square-foot gaming floor. Roads leading
Turner Construction will be the general contractor for developer Craig Hall’s 16-story office building in the Arts District of Dallas. With the permit filed, the project could break ground by the end of February. The tower, slated for completion by mid-2015, will include seven levels
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