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.
All eyes will be set on Atlanta this June as The Whitley, a Luxury Collection Hotel, Atlanta Buckhead, owned by Host Hotels & Resorts, officially unveils its multi-million-dollar transformation to reclaim the hotel’s standing among the most luxurious hotels in the country. Read the TravelPulse
Construction employment grew in 250 out of 358 metro areas between April 2018 and April 2019, declined in 53 and was unchanged in 55, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said construction
A real estate developer from Columbus, Ohio, has paid $3.2 million for his company’s second downtown Nashville project. Read The Business Journals story here
Bath & Body Works has kept its mall stores thriving in changing times by frequently refreshing the merchandise and creating what looks like a separate shop for its candles. The retailer, which booked a 13% jump in first-quarter same-store sales, also focuses on buy-one-get-one promotions
Sears is opening its first three small-format stores this month, with a focus on appliances, connected-home goods and mattresses. The retailer aims to attract new customers as well as shoppers who used to shop at now-shuttered Sears department stores in their communities. Read the CNBC
VICI Properties and Penn National Gaming have closed on their acquisition of the Greektown Casino-Hotel in downtown Detroit for $1 billion. As part of the transaction, Penn National has entered into a 15-year triple-net lease agreement with total annual rent of about $55.6 million. Read
Central Florida’s $3.6 billion apartment pipeline is booming, with more than 1,000 units added in just the past couple of weeks. The Orlando Business Journal has added several projects to its interactive map of commercial construction projects in the region. Read The Business Journals story
Work is underway to add steel guardrails to the Lake Pontchartrain Causeway in Louisiana, and crews have installed a mile of the railing on the southbound side. The project is part of a $100 million safety improvement effort that is being funded through toll increases.
Hawthorn Mall in Vernon Hills, Illinois is preparing to undergo a $6.2 million renovation of its center court. After construction, the space will include a water feature, two sculptures resembling trees, upper level-lounges and a coffee shop and wine bar combo. Read the Daily Herald
Lowe’s has narrowed its search for a technology hub to sites in Dallas and Charlotte, N.C., and expects to make a decision this summer, the company said. The home improvement retailer plans to add about 2,000 software engineers, infrastructure engineers and other tech professionals in
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