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.
Consumers are shopping slightly more often and spending less during their shopping trips. The trend has fueled growth at discount retailers including ALDI and Dollar General, which tend to have smaller stores that lend themselves to quick trips. Read the Modern Retail story here
The KASA Hotel Riviera Maya in Puerto Aventuras, Mexico, and the Vista Palazzo Lago Di Como in Lago Di Como, Italy, are two of five hotels added this month to Small Luxury Hotels of the World‘s portfolio. The collection comprises more than 500 luxury boutique
A major revamp is being planned at the current downtown site of the San Jose Stage Company that would dramatically expand the theater with a brand-new performance venue and add a hotel to the property. Read the San Jose Mercury News story here
Wendy’s aims to add $1 billion in international sales over the next five years by boosting same-store sales and opening new restaurants, including in the UK, which will be the brand’s first EU market. Wendy’s has 6,000 US units and 950 international locations. Read the
Four Seasons Hotels and Resorts and Sensei, a company that integrates mental and physical health, announced plans to reopen the Four Seasons Resort Lana’i, The Lodge at Koele as the Four Seasons Hotel Lanai at Koele, A Sensei Retreat. Read the Frequent Business Traveler story
Outdoor gear brand The North Face is shining a brighter light on its sustainability efforts to stay competitive with chief rival Patagonia. The North Face has made several eco-friendly moves in recent years, including switching to synthetics made from recycled materials, turning old garments into
IKEA has expanded its property team in the UK as part of a plan to acquire shopping centres, starting with a mall in London. The Sweden-based furniture retailer said the plan will allow it to add stores in more central locations. Read the RetailGazette.co.uk story
Two renowned Brazilian chefs are going beyond the Brazilian steakhouse concepts familiar to U.S. diners with new restaurants in New York City and Los Angeles. Manoella Buffara’s Ella and Rodrigo Oliveira’s Balaio will focus on updated recipes using native ingredients and modern techniques designed to
A landmark Fort Worth skyscraper will be turned into a hotel by Dallas Stars owner Tom Gaglardi’s development company. The nearly century-old W.T. Waggoner Building will be converted into a 240-room Sandman Signature Hotel by Gaglardi’s Northland Properties. Read The Dallas Morning News story here
Montana business owners Nick and Robin Checota aim to launch construction next summer on a $100 million riverfront development in downtown Missoula. Plans include a 10-story hotel and a 6,000-capacity civic center. Read The Associated Press story here
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