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.
Seattle’s Northgate Mall was the first shopping center in America to be called a mall and is soon to be transformed. The property will be turned into a mixed-use commercial and residential complex and will host an NHL training center by 2021. Read the Business
The reflagged Sheraton Society Hill will open its doors to guests as the Philadelphia Marriott Old City. Read the Frequent Business Traveler story here
Target is seeing success with small-format stores, which have proven to be the retailer’s most productive locations, the company said. Target, which currently operates nearly 100 of the stores that measure about one-third of the size of its traditional stores, will open up to 30
A Holiday Inn near Virginia Tech will get $3.7 million to help alleviate a student housing shortage. The university will pay the hotel $3,755 per student per semester after freshmen enrollment exceeded expectations by about 1,000 students. Read The Associated Press story here
Graduate Hotels will expand to Cambridge, England, after establishing campus-themed hotels in college towns throughout the US. The lifestyle brand is renovating a 138-room DoubleTree by Hilton in the UK university city into the local, tradition-focused property that will open next summer. Read The Telegraph
An 11-story, 200,000-square-foot office building known as 909 Rose has been topped out in North Bethesda, Maryland. Davis Construction is the general contractor for the development, which Federal Realty Investment Trust says will be the most interconnected office building in the greater Washington, D.C., area.
Jollibee Foods, the Philippines-based fast-food company, said it has a deal to buy Los Angeles-based coffee chain The Coffee Bean & Tea Leaf for $350 million. Read the Restaurant Business online story here
Walt Disney World‘s lodging accommodations are getting upgrades at a fast rate—one of those being the new Reflections: A Disney Lakeside Lodge. The new 900-room resort, being built on the former River Country water park site, has been quietly under construction for several months. Read
OpenTable is launching delivery in 90 US cities, relying on three delivery services as partners. The service will be available at 8,000 of OpenTable’s 51,000 restaurants, with no additional fee for restaurants. Read the WJLA-TV story here
The Canopy by Hilton, the first of many hotels planned for Columbus in the coming years, is set to open. The 12-story complex at 77 E. Nationwide Blvd. is next to Jeff Ruby’s Steakhouse and across from the Greater Columbus Convention Center. Read The Columbus
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