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.
Foundation work for the new track and bypass structure for the Chicago Transit Authority‘s $2.1 billion Red-Purple Line modernization project will begin this fall. CTA intends to finish the bypass in 2021. Read the Chicago Tribune story here
Canada’s Indigo Books & Music, which opened its first U.S. store in New Jersey last year, plans to revamp its general merchandise plan amid slower sales. Read the Financial Post story here
Abercrombie & Fitch will open smaller stores and downsize the footprint of some existing locations to create a more intimate feel that appeals to today’s shoppers. Read the CNBC story here
Construction has begun on the 104-room Cambria Hotel Fort Lauderdale Beach, which will be hotel brand’s second location in the city. Read The Business Journals story here
McDonald’s will open a new flagship in New York City’s Times Square today, with tech features including 18 ordering kiosks, digital menu boards and wireless tabletop charging stations. The three-story restaurant is expected to be the company’s busiest location. Read the CNBC story here
A 104-room hotel in Laconia, New Hampshire, the city’s biggest, has reopened following over $1 million in renovations. Read The Associated Press story here
Executives with large hotel companies note that they’re following up on the growing appeal of all-inclusive Caribbean and Latin American resorts to international luxury consumers. They caution that adjustment will have to be made with their loyalty programs and other operating models. Read the Hotel
Messer Construction and Harmon Construction have spent 164 days working on a $65 million soccer stadium for Louisville City FC in Kentucky. Work on the roof is expected to be completed by July 4, and the stadium should be ready for the team’s opening day
Veteran restaurant concept developer Paul Fleming will join with Florida-based Tacos & Tequila Cantina to expand the Tex-Mex chain to new markets. The chain currently operates three units. Read the Restaurant Business online story here
Target will update 300 stores this year, including seven locations in the Phoenix market, with projects scheduled to cost between $4 million and $10 million per store. New features, including updated order pickup counters and more interesting merchandise displays, are designed to boost both in-store
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