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.
Tim Hortons is in growth mode in China, where it plans to open 200 new units and debut a line of products for retail channels this year. The coffee chain, which has grown to 150 locations in China since launching there two years ago, has
A new development including a hotel and a convention center could be coming to Middletown. Middletown City Council approved a feasibility study with OZ Hotels & Resorts, which specializes in developments like this that incorporate opportunity zone financing. Read the WXIX-TV story here
Investors are turning Tampa, Florida’s former University Mall into a mixed-used development that includes an innovation hub, office space and about 30,000 square feet of retail and restaurant space. The new project, dubbed Rithm At Uptown, will also include student housing. Read the Business Observer
The Hotel Xcaret Arte in Riviera Maya, Mexico, will showcase Maya culture while regaling travelers with 900 suites, 10 bars and lounges and more when it makes its debut, set for July 1. The adults-only property joins Hotel Xcaret Mexico, which opened in 2017, and
Michael Clyne rollerblades around Lake Worth Beach on a regular basis. And each time, he skates past the Gulfstream Hotel. He’s happy the landmark will soon get a facelift. Read the Fox 29 story here
A $33 million proposal to turn the abandoned Zahn’s Department Store building into the Hotel Verdant is once again moving forward, despite some difficulties due to the COVID-19 pandemic. Read The Journal Times story here
Private-equity firm Thompson Street Capital Partners has acquired Freddy’s Frozen Custard and Steakburgers for an undisclosed amount. The Kansas-based fast-casual chain has close to 400 restaurants in 30 states and has grown largely through franchising. Read the Restaurant Business online story here
Payless has opened a store in North Miami, Florida that will feature augmented reality, interactive touchscreens and other features. In August, the brand indicated it could open hundreds of stores in the next five years. Read the Adweek story here
The coronavirus pandemic has crippled the hotel industry, including in Worcester. But work on a second hotel on Worcester’s Washington Square next to Union Station is expected to move forward within the next year. Read the Worcester Business Journal story here
Amazon launched its first checkout-free store in Britain. Called Amazon Fresh, the store is located in Ealing, London, and will let customers walk in, pick up what they want and walk out again without having to pay at a cash register. Read the CNBC story
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