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.
The hotel planned for the old Logansport Mall property will be a Hampton Inn by Hilton, and developers are planning to break ground on it in spring 2021 and completing construction in spring 2022. Read the Pharos-Tribune story here
Complete recovery for US hotel demand is unlikely to come before 2023, according to a new analysis by STR and Tourism Economics. The forecast from the metrics firms estimates average occupancy of 40% this year and 52% in 2021, compared to 66% in 2019. Read
For decades, the derelict Hedrick Building had been a taunting reminder of how hard it can be to revitalize a city’s downtown when some owners are unwilling or unable to keep up their properties. Read the San Antonio Express-News story here
The coronavirus has dealt a big blow to the hospitality industry, but that’s not scared away an international company from investing millions to reconstruct and rebrand an empty hotel building on a major thoroughfare in Shreveport. Read the KTBS-TV story here
Tractor Supply Company plans to open up to 80 new stores this year after booking strong sales growth despite the pandemic. The retailer’s position highlights the staying power of brick-and-mortar retailers that have been creating new and better experiences that look to the customer to
A plan by the NBA’s Golden State Warriors for a mixed-use development near Chase Center has gained approval from the San Francisco Board of Supervisors. The project would add a 129-room hotel, condos for affordable living and retail space. Read the San Francisco Chronicle story
One of New York City’s most popular weekend destinations is getting a new hotel this summer. The Rockaway Hotel (108-10 Rockaway Beach Drive), a full-service property located in the heart of Rockaway Beach, is slated to open mid-summer 2020, aiming to appeal to local surfers
Wyndham Destinations is expanding its Margaritaville Vacation Club by Wyndham and Club Wyndham vacation club portfolios with the opening of two new proposed future vacation club resorts in the heart of Downtown Atlanta. Read the TravelPulse story here
Charlotte, N.C.’s 254-room Grand Bohemian Hotel debuted recently with about 100 guest rooms reserved over the weekend and 100 employees on hand. The $110 million luxury hotel from the Kessler Collection is part of Marriott’s Autograph Collection. Read The Business Journals story here
The Fairfield Inn & Suites by Marriott is the latest addition to the set of hotels on the northwest side of Rocky Mount, North Carolina and that area also is going to eventually be the site of the new Tru by Hilton. Read the Rocky
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