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.
Steak ‘n Shake Inc. has temporarily closed 44 company locations as it looks for a franchise partner to take over the units, according to a regulatory filing by the brand’s parent company Biglari Holdings Inc. Read the Nation’s Restaurant News story here
The century-old Blackstone Hotel in midtown Omaha, Nebraska, is being resurrected to its initial glory through a $75 million restoration, overseen by two local developers—GreenSlate Development and Clarity Development Co. Read the Commercial Property Executive story here
Elan Burger’s craving for authentic Middle Eastern food closer to his home in Naperville, Ill., led him to team up with friend Sahar Sander to launch Naf Naf Middle Eastern Grill a decade ago. The concept has grown to 37 locations in seven states and
An undisclosed number of former Sears and Toys R Us stores will get new life as Planet Fitness gyms, as part of the company’s plan to open 225 new locations in 2019. U.S. gym memberships are up 37% from 2008, and Planet Fitness and other
Another large hotel is proposed for southwest Fort Wayne, this one on part of a parking lot at the Village of Coventry shopping center. A primary development plan filed with the Fort Wayne Plan Commission lists the project as Lakany Hotel. Read The Journal Gazette
CVS Health has shuttered three Twin Cities stores as part of a plan to close 46 underperforming locations in 16 states. The retailer has more than 9,900 US stores and also operates pharmacies inside Target stores. Read the Star Tribune story here
Dunkin‘ will open 50 new units in eight US states outside its core Northeast market, the company said. The plan is part of the chain’s bigger ambition to open up to 250 new locations annually over the next three years. Read The Spoon story here
The Rogue Valley International-Medford Airport ended 2018 on a historic note, with over one million passengers passing through its gates in the calendar year. Read the KOBI-TV story here
True Religion has put a 2017 Chapter 11 bankruptcy filing behind it and the brand is on a mission to reinvent itself by going back to its pioneering streetwear roots. Read the Glossy story here
A new all-suite hotel is coming to southern Peachtree City, now that the City Council has agreed to rezone 5.8 acres behind the Pit Stop off TDK Boulevard. Read The Atlanta Journal-Constitution story here
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