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.
McShane Construction Company has been selected by TPA Residential to provide general construction services for Woodward Crossing, a new Class A, 265-unit apartment development in Buford, Georgia, a quickly growing suburb of Atlanta.
Some empty malls and retail spaces are finding new life as upscale senior living complexes with a vast array of amenities. The pandemic has accelerated some of the trends behind retail-to-housing conversions. Read The New York Times story here
The Daxton Hotel in Birmingham, Michigan will feature more than 400 pieces of art, a gourmet restaurant and an in-house personal trainer when it makes its debut in February as one of the state’s premier luxury properties. The newest high-end member of Aparium Hotel Group
The pandemic is not slowing down the growth of Sanford. There are several new developments in the works that could transform the city over the next five years. Read the WFTV-TV story here
Starbucks customers are buying more during fewer trips and, while traffic is still down compared to last year, people are coming back and the company expects to recover and return to growth mode next year. The coffee giant plans to open 1,100 net new global
The RMR Group is taking back more than 200 hotels due to defaults by certain brands. Executives discussed the portfolio, with plans for some hotels to be rebranded and others to be sold or redeveloped. Read the Bloomberg story here
Hotel construction projects in California may be struggling right now, but a pair of Los Angeles developers are looking to the future. Read The Real Deal online story here
Dunkin’ Brands has held early-stage talks about the prospect of being acquired by Inspire Brands, the private equity-backed parent of chains including Arby’s, Sonic and Buffalo Wild Wings. There is no deal in place yet for Dunkin’, which has 21,000 namesake and Baskin-Robbins units, all
It’s Just Wings, a virtual chicken wing concept created by Chili’s parent Brinker International, has proven so popular that the company is looking into creating a physical storefront for the brand. Read the Restaurant Business online story here
The new Patel Brothers grocery store in Nashville, Tennessee is open with Knoebel Construction serving as the general contractor. This is the 10th location in eight states that Knoebel has built for Patel Brothers, the largest Indian-American supermarket chain in the United States.
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