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.
Highwoods Properties of Raleigh, North Carolina has joined The Bromley Companies of New York City in developing the speculative Midtown One office project here. Read the GlobeSt story here
If you’re going to put a doughnut shop at the Crossroads of the World, you’ll need a big light to guide them. That’s why when Krispy Kreme opens a location in New York’s Times Square early next year, it will feature the world’s largest Hot
Guy Fieri is opening his first Boston restaurant: Guy Fieri’s Tequila Cocina. The tequila-focused restaurant will open in partnership with Big Night Entertainment Group (BNEG) as part of BNEG’s Big Night Live, a 40,000-square-foot music hall within The Hub on Causeway. Read the Boston story
Red Robin Gourmet Burgers Inc. is closing 10 underperforming restaurants as it works on a turnaround at the casual-dining brand. Seven of the 10 restaurants are located in enclosed mall locations Read the Nation’s Restaurant News story here
Walmart Canada has unveiled a new urban supercenter store format in Toronto that offers omnichannel experiences, including a mobile checkout Fast Lane, expanded pickup areas and a section dedicated to the retailer’s e-commerce offerings where shoppers can browse items online and talk to associates about
The 11-story, circa-1927, art deco Tulsa Club building has been reimagined into a 96-room boutique hotel of the same name in the Hilton Curio Collection, and it’s designed to bridge the city’s past, present and future. Read the Fortune story here
An historic house in Raleigh that fell into disarray has turned in an administrative site review outlining its proposal to use the house as a hotel. Read The Business Journals story here
Downtown’s long-delayed Arrive Hotel project is on track to open by early fall, according to the Downtown Memphis Commission’s (DMC) staff. Read The Business Journals story here
Saratoga Casino Hotel will spend $8 million to build a sports bar, VIP lounge and other improvements as it tries to rebound from a sharp drop in gambling since a full-fledged casino opened two years ago in Schenectady. Read The Business Journals story here
Barnes & Noble is in the midst of making a deal to be acquired by hedge fund Elliott Management Corp. The hedge fund, which also acquired UK bookseller Waterstones last year, would reportedly pay about $6.50 per share, or $476 million, for Barnes & Noble
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