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.
DoubleTree by Hilton’s newest hotel is now open for business in Chandler, Arizona, after the 160-key asset underwent a comprehensive refurbishment program. Before Hilton stepped into the picture, the hotel was independent under the name of Chandler Southgate Hotel. Read the Commercial Property Executive story
Chicago-based brand Potbelly is looking to chart a new path forward, complete with a new franchising strategy and an updated store design. In addition, the company has announced deals that will bring 38 new restaurants to Las Vegas, the Carolinas and Tampa, Florida. Read the
Cheesecake Factory will ramp up growth of the North Italia brand after its planned acquisition of parent Fox Restaurant Concepts, and FRC plans to take advantage of Cheesecake Factory’s partnership with DoorDash to grow off-premise sales. Read the Restaurant Hospitality online story here
A new development team wants to build a seven-story, 100-room hotel at the former Pig & Whistle sports pub site on Madison Road in Hyde Park. Read The Cincinnati Enquirer story here
Royal Palm Companies of Miami is planning what could be a $2 billion project in St. Petersburg, Florida, that would include affordable and luxury housing. Property owners in the area say the developer has approached them about the plan, which covers an area of 50
Facing deepening sales and traffic declines and steep earnings declines, Steak ‘n Shake has closed more than 100 locations so far this year, according to federal securities filings from parent company Biglari Holdings. Read the Restaurant Business online story here
A developer has plans for a 90,000-square-foot, 128-room Springhill Suites hotel within the Mission Farms development in Overland Park. Read The Business Journals story here
A new theme park called Universal‘s Epic Universe — taking guests “on a journey where beloved stories expand into vibrant lands” — will be coming to Universal Orlando Resort. The fourth park for the resort will be on a 750-acre site that will include hotels,
Marriott International announced the opening of the JW Marriott Edmonton ICE District. The new property is located in downtown Edmonton in the ICE District, which is also known as the Edmonton Arena District, a $2.5 billion mixed use sports and entertainment district. Read the Frequent
A new hotel could be on its way to a site near Cardinal Stadium soon. The University of Louisville Real Estate Foundation has authorized the sale of the “T” parking lot adjacent to Cardinal Stadium to a hotel developer that plans to transform the site.
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