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.
McDonald’s and Starbucks kept their number one and two spots, respectively, on an annual ranking of the biggest restaurant chains by Nation’s Restaurant News. Chick-fil-A rose from seventh to third place, with 16.7% sales growth last year. Read the Nation’s Restaurant News story here
Ellicott Development’s Our Lady of Lourdes complex is gaining a new neighbor — a nine-story building, anchored by a nationally branded hotel. Read The Business Journals story here
The Loews Regency San Francisco will reopen as Four Seasons Hotel San Francisco at Embarcadero next year after a full-scale makeover, its new owner says. The 155-room hotel will be the second in the city for Four Seasons Hotels and Resorts. Read the Frequent Business
Another Louisville hotel has rebranded under the Best Western flag. The SureStay Plus Hotel by Best Western Louisville Airport Expo opened at 4125 Preston Highway. The three-story hotel, which exceeds 50,000 square feet, is on two acres and is owned by Louisville-based Third Door Hotel
A $570 million renovation of New York City’s Pennsylvania Station has begun and is expected to last about a year. Changes include a widened corridor, a new entrance and new information systems. Read the WABC-TV story here
The Chicago-based owners of Rivers Casino plan to break ground this summer on a $60 million, four-star hotel on Pittsburgh’s North Shore that won city approval more than two years ago. The Landing Hotel Pittsburgh will be attached to the casino and joined with amenities
Firehouse Subs will reveal a new store prototype with the opening of a new unit in Jacksonville, Fla., this month. The fast-casual chain’s new kitchens will be 25% smaller and outfitted with equipment designed to make processes more efficient and reduce labor costs. Read the
A 515-room hotel near Florida’s Walt Disney World may be converted to a complex of apartments, retail, offices and fast food restaurants, plans submitted to local government indicate. The Red Lion Hotel, built in 1974 and updated in 1994, comprises 15 buildings covering 15.8 acres.
Franchising company FAT Brands has bought organic burger chain Elevation Burger in a cash and debt deal valued at $10 million. The deal brings FAT Brands’ portfolio to upwards of 400 units under banners including Fatburger, Yalla Mediterranean and Ponderosa. Read the Nation’s Restaurant News
When the eight-chain The Organic Coup wanted to expand, it looks to going back to school—the University of San Francisco to be exact. Read the Restaurant Hospitality online story here
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