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.
Bloomin’ Brands is betting future growth on virtual concepts with menus that can be prepared in the kitchens of existing Outback Steakhouse and Carrabba’s Italian Grill eateries. The company was able to ramp up delivery during the pandemic and launch its first virtual concept, Tender
Starbucks is one of many foodservice brands planning for a future with more drive-thru units. The rise of off-premises dining has spurred the popularity of drive-thrus, and chains including Sweetgreen and Shake Shack are redesigning their restaurant formats to cater to customers in cars. Sales
Lower expansion costs and a technology-first model are growing potential for restaurant growth, particularly in the quickserve sector, experts say. Franchising is an appealing way to expand, with businesses likely to divide their efforts between new franchisees and multi-unit operators. Read the QSR magazine online
Starbucks built its business on being a gathering place as much as a seller of coffee, but the pandemic has spurred the chain to focus on new formats. The drive-thru has become the chain’s most productive model, and its “future drive-thru concept” will include smaller
InterContinental Hotels Group has renamed itself IHG Hotels & Resorts in an effort to redesign and revitalize a portfolio that boasts 16 brands and nearly 6,000 hotels in 100 countries. The younger generation of travelers is the key target of a new image presented in
The Planet Hollywood Beach Resort Cancun made its debut on the shores of Costa Mujeres, bringing 898 rooms, 13 gourmet restaurants, nine bars and a trove of Hollywood memorabilia. Two of the restaurants are reserved for the Adult Scene, a distinct adults-only “resort within a
Many travel lovers would love to skip ahead to summer this year and this news from Nantucket is sure to enhance that feeling. Boston-based real estate development group, Blue Flag Partners, just announced that they are opening their very own hotel this summer called, Faraway,
The high-profile corner of Cedar Springs Road and Olive Street sold in 2019 to a California developer that planned to build a hotel tower. The 19-story hotel with 230 rooms would occupy property that’s now a small retail building. Read The Dallas Morning News story
A new downtown hotel has been proposed for the space next to the Montgomery Building in Spartanburg. The five-story hotel – Fairfield Inn & Suites – will go before the Design Review Board on February 2 for preliminary review and approval. Read the WSPA-TV story
D & G Investors plans to convert the debt it holds in pizza-buffet chain Cicis into equity, with the goal of reviving the brand. At 25, Gala was the youngest franchisee of Applebee’s, and his franchise portfolios with Dharod have also included Del Taco, Famous
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