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.
F&F Development hopes to begin constructing a hotel at the old St. Mary’s Hospital site this summer. The Jefferson City Planning and Zoning Commission unanimously recommended approval of a preliminary and final subdivision plat for the 600 block of Bolivar Street, proposed by property owner
The Little Beet has grown to 10 units since the fast-casual concept launched in 2014, and the recent opening of a restaurant in Miami marks the chain’s first foray outside its core markets of New York City and Washington, D.C. The chain is studying new
Danny Meyer’s $15 million investment in veggie-centric concept Dig Inn will finance the opening of 10 new units this year and fund other initiatives, including expanded delivery. The investment by the Shake Shack founder reflects the growing demand for plant-based alternatives in the fast-casual and
Struggling Kona Grill Inc. said it may have to file for bankruptcy even if talks with lenders and consideration of strategic alternatives are successful, according to recent federal filings. Read the Nation’s Restaurant News story here
Dollar General booked a 9% revenue increase last year as some rival discount retailers struggled, with a strategy that includes locating stores away from competitors and creating high-quality in-store experiences. The retailer, which operates 15,432 stores, will remodel 1,000 locations and open 975 new ones
Many Carlsbadians remember getting drinks at the popular saloon, and when it closed a few years ago and then became the Luxe Nightclub. Read the Carlsbad Current-Argus story here
Wegmans is entering New York City for the first time with a 74,000-square-foot store in the Brooklyn Navy Yard. The supermarket is expected to open in the fall and will be one of three new locations to open this year. Read the Forbes story here
J. Crew’s turnaround plans could include spinning off its popular Madewell brand into a separate, publicly-traded company. Madewell booked a 26% sales increase last year, and an IPO for the brand could come as soon as the second half of this year. Read the Reuters
Now that MGM Resorts International has converted the former Hard Rock Rocksino over to MGM Northfield Park, other changes are in store for Ohio’s leading gambling center. Read The Plain Dealer story here
Since Oracle Charter School closed nearly a year ago, the landmark building at 888 Delaware Avenue has been empty. A plan is now in place to transform the century-old structure into a boutique hotel and apartments. Read the WBFO-FM story here
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