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 Los Angeles City Planning Commission has greenlighted a plan for a $1.5 billion urban district centered on a sports and entertainment complex at Warner Center. The plan by French developer Unibail-Rodamco-Westfield would create more than 10,800 construction jobs. Read the Los Angeles Daily News
The board of the Metropolitan Atlanta Rapid Transit Authority will vote June 11 on a $1 billion plan from Portman Holdings for a midtown development. The plan includes offices, a hotel and retail space. Read the Saporta Report story here
Earl Enterprises, the operator of concepts including Buca di Beppo and Planet Hollywood, has agreed to acquire 45 Brio and Bravo Italian restaurants from FoodFirst Global Restaurants, which filed for Chapter 11 bankruptcy protection last month. The deal, which still needs court approval, calls for
A $3.8 billion expansion of Terminal 4 at John F. Kennedy International Airport will add 500,000 square feet for seating, gates, restrooms and baggage handling. The project is designed for environmental sustainability, with one team each overseeing project management and IT. Read the Airport Technology
Construction of a 40-story Manhattan skyscraper that will include the NoMad Ritz Carlton Hotel has topped off. The hotel is due to be completed in 2021. Read the New York YIMBY story here
Foot Locker started focusing less on mall stores and more on larger standalone locations two years ago, and the pandemic has spurred the retailer to speed up its plans. The off-mall stores, called “Power Stores,” have about four times the space of mall locations to
Dunkin‘ will reopen a handful of dining rooms in June to evaluate the situation. The vast majority of the brand’s business was already to-go before the pandemic. Dunkin’ officials said the redesigned stores are well-suited to current realities. Read the QSR magazine online story here
Hotel occupancy rates continue to edge upward, reaching 32.4% for the week ended May 16 — the highest level in nine weeks, according to STR. One group driving occupancy rates is leisure travelers heading to nearby destinations. However, CBRE Group noted recently that revenue per
A new hotel called Dream Cleveland will sit adjacent to the city’s historic Masonic Temple, featuring 207 guest rooms, multiple dining and nightlife venues and an on-site parking deck for 400 vehicles. Read the WEWS-TV story here
After more than a decade of design and restoration, the famed Plaza Hotel in the heart of Downtown El Paso has set an opening date. The 19-story hotel and adjoining Plaza Pioneer Park are slated to open Wednesday, June 17. Read the KTSM-TV story here
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