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 90-year-old Dunhill Hotel, the only historical hotel in Charlotte, North Carolian, is being renovated for a projected $2 million to $2.5 million. The hotel will be open during the facelift, which owner Summit Hospitality Group says should be finished in February. Read The Charlotte
Hyatt Hotels has opened its first property on Hengqin Island, continuing the pursuit of China expansion ambitions that it shares with other major hotel chains. Marriott International, UK-based InterContinental Hotels Group and Dubai-based JA Resorts & Hotels likewise significantly boosted their Chinese presence or plans
Yum Brands will pay approximately $375 million for The Habit Restaurants, parent of Habit Burger Grill, in a deal expected to close by the second quarter. Habit Burger Grill, which has about 270 restaurants in 13 states, will be the first fast-casual brand for Yum.
The Moxy Nashville Vanderbilt is the first hotel in Hillsboro Village, at 1911 Belcourt Ave., a few blocks from Vanderbilt University, Belmont University and Music Row. Click on the gallery with this story to take a virtual tour. Read The Business Journals story here
Texas malls are transitioning into mixed-use developments, with owners using spaces for new purposes like medical offices and housing. Collin Creek Mall will soon boast an open-air shopping concept, while Valley View Mall will embrace high-end apartments, a luxury hotel, office space and entertainment options.
Organic and natural grocer Earth Fare is planning an estimated 15 new stores in Florida and around 100 more locations nationwide. At the same time, the retailer is reportedly closing three Indianapolis-area stores, one in Virginia and one in Florida. Read the Winsight Grocery Business
InterContinental is set to announce details regarding its 17th brand. IHG’s Philippe Garnier says the company is willing to work with online travel agents. Read the Skift story here
Drivers on Interstate 84 may have spotted construction for a new hotel in Boardman recently. The 64-room Boardman Sleep Inn Hotel is expected to open this spring. It is located on the south side of I-84 just off exit 164. Read the East Oregonian story
Growth in hotel sub-brands such as Marriott‘s Moxie and app-driven amenities are among leading trends in travel being forecast by experts for 2020. On the way out are bathtubs and cuisine with local flair. Read the Forbes story here
The Peterson Cos. is raising the stakes for an undeveloped parcel across from MGM National Harbor, seeking permission to construct a nearly 2,500-space parking garage and a 150-key hotel on what is now a gravel lot. Read The Business Journals story here
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