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.
In a move that will bring much-needed infrastructure improvements to the town, the city council on Oct. 20 unanimously gave a green light to the Veranda Hotel project. Read The Weekly Calistogan story here
The US has led the world with 55,000 hotel rooms added during the coronavirus pandemic, but the country has seen a 56% year-over-year increase in deferred hotel construction, according to STR. Read the Skift story here
The founders of the Topgolf chain launched the Puttshack mini-golf and dining concept in London two years ago, and they plan to bring it to the US with a location opening in Atlanta next year. The 25,000-square-foot spot will feature four mini-golf courses, a full
The pandemic-related closing of New York City’s historic Roosevelt Hotel has caught the attention of prospective developers, though the owner, Pakistan International Airlines, denies any plans to sell the property. Sources say conversion of the near-century-old hotel to an office tower is most likely. Read
Bar Louie emerged from Chapter 11 bankruptcy reorganization in May during the pandemic that brought new challenges, requiring flexibility and quick thinking, CEO Tom Fricke said. The 73-unit Texas-based gastropub chain has scaled back ambitious restaurant opening plans and focusing on delivery in partnerships with
A $1.2 billion state-of-the-art hotel and entertainment venue in Biloxi, Mississippi, is among the first three properties Universal Music Group plans to open as it enters the hospitality arena. Atlanta and Orlando, Florida, also will help launch the UMUSIC brand. Read the WLOX-TV story here
The US hotel industry is in the second stage of a five-stage recovery process, having seen a boost in domestic bookings as the first phase, according to a study by SiteMinder. The current phase, plateauing or leveling off, will be followed by fluctuation, acceptance of
Video-game giant Atari plans to open a line of hotels, beginning in Las Vegas and Phoenix, with emphasis on virtual reality as well as cutting-edge design. The 400-room Atari Hotel near the Las Vegas Strip is scheduled to open in 2022. Read the KLAS-TV story
A new downtown hotel opens its doors in Nashville. TownePlace Suites by Marriott is opening in downtown’s North Capitol District at 310 Gay Street, according to a news release. Read The Business Journals story here
J.C. Anderson is pleased to announce that the firm has completed an office renovation for The Jordan Company at One North Wacker Drive in Chicago. Founded in 1982, The Jordan Company is a middle-market private equity firm that manages funds with original capital commitments in
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