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 evolution of Atlantic Station, once sluggish, keeps gaining steam. With hundreds of thousands of square feet of office space on the rise, a makeover of Central Park in the works, and much more developing around the Midtown shopping district, it’s been a magnet for
The developer of a planned multimillion dollar hotel and parking garage in downtown Rocky Mount said he does not understand why anyone would not be supportive of the revitalization effort. Read the Rocky Mount Telegram story here
Jimmy Buffett’s Margaritaville resorts will be adding 24 new properties in destinations such as New York City, Nashville and Belize. Earlier this year, Margaritaville began a partnership with Karisma Hotels & Resorts. Read the TravelPulse story here
Following the Group’s acquisition by Jin Jiang International and Sino-Cee Fund late last year, Radisson Hotel Group identified the launch of co-branded hotels being a critical element to realize the true potential of the Chinese market. Read the eHotelier story here
Regency Centers Corp. plans to start and deliver on $1.25 billion of value-add development and redevelopment projects over the next five years, the majority of which are grocery-anchored shopping centers. Read the Nareit story here
Commercial Construction & Renovation would like to wish you a Happy (and safe) 4th of July. Here’s to the rest of 2019.
A fast-casual Mexican restaurant chain is looking to expand into Alabama. Qdoba Mexican Eats and multi-unit operator, Premier Queso Kings LLC, are partnering for a 20-unit deal to develop locations in and around Atlanta and across Alabama, according to a news release. The first Atlanta
Private-equity firm Lion Capital has acquired half of Gordon Ramsay North America with plans to invest $100 million to grow the celebrity chef’s branded eateries in the United States. The deal calls for the company to open 100 new locations over the next five years.
White Lodging has broken ground on the first Moxy Hotel in Texas. The 162-room Moxy Austin, the company’s third Moxy, is scheduled to open in late 2020. Read the Hotel Management online story here
Executives at the recent NYU International Hospitality Industry Investment Conference discussed the reasons economically friendly hotel brands are growing. Making choices based on value and still providing a lifestyle experience are among the top focuses for these budget-savvy brands. Read the Hotel News Now story
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