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.
Wingstop turned 25 this year, has increased same-store sales for 15 years running and is on track to become a top 10 restaurant brand. The chain has expanded internationally through franchising, as well as placement in nontraditional locations such as airports, stadiums and colleges. Read
NexPoint Hospitality Trust has agreed to purchase Condor Hospitality Trust of Bethesda, Maryland for $318 million. Toronto-based Nexpoint will acquire the real estate investment trust’s 15 select-service and extended-stay hotels covering eight states. Read The Business Journals story here
If staying in a guitar-shaped hotel has been a dream of yours, then your dreams are about to come true. The Guitar Hotel tower at the Seminole Hard Rock and Casino will start taking reservations even though the hotel’s newest addition won’t actually open until
American Dream, a mega-mall in East Rutherford, New Jersey, that is slated to open Oct. 25, will count Asian-American market and eatery concept H Mart among its tenants. Read The Shelby Report online story here
Another major development is coming to Fort Lauderdale’s booming Flagler Village after a $105 million construction loan was granted for Quantum at Flagler Village. Hilton has plans to expand its Tru by Hilton hotel brand into Washington with a new property south of Mirabeau Park
Sizemore Group has unveiled an updated master plan for the “Aerotropolis” mixed-use development near Atlanta’s airport that is estimated to cost $700 million during the first phase of development. Nearly 5 million square feet of office space, up to six hotels and 758,000 square feet
The AC Hotel, a Marriott brand named for Spanish hotelier Antonio Catalan, is scheduled to open July 28. The 10-story property at 723 Main, a restoration of the former Houston Bar Center building at Main and Rusk, will have 195 rooms with rates ranging from
Plans to bring a hotel and shopping center to a massive planned community near Dumfries are finally moving ahead, in tandem with an effort to add a new Virginia Railway Express station to the area. Read The Business Journals story here
A hotel and 36-story apartment tower could one day rise on a long-vacant lot in the heart of downtown St. Petersburg. Read the Tampa Bay Times story here
Toys R Us will return to retail with a store each in Paramus, N.J., and Houston this holiday season, both of which will focus on experiences with play areas and room for birthday parties and other events. The retailer’s new owners aim to grow to
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