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.
Diners are embracing cafeteria-style restaurants, with 55% of consumers reporting that they either like or love them, according to a Datassential report. The survey found that 72% of people want cafeteria concepts to have a salad bar, 56% want more global flavors and 43% want
Howard University in Washington, D.C., will start negotiations on a 600,000-square-foot, mixed-use development with a partnership that includes EDENS, Fivesquares Development and the Menkiti Group. The goal is to create a gateway to the university that has a public park as well as residential, hotel
The second phase of construction started over the weekend for the $2.5 billion District Wharf project in Washington, D.C., whose first phase concluded in 2017. The project will have a marina and office, residential, hotel and commercial space. Read the WRC-TV story here
The 1 Hotel West Hollywood is completing the final design touches as it transitions from The Jeremy name to 1 Hotel West Hollywood. The property has 286 rooms. Read The Hollywood Reporter story here
Lord & Taylor‘s closure of five stores, including its New York City flagship, were moves meant to free up money to improve the department store retailer’s remaining 45 locations. Read the Connecticut Post story here
Chef and restaurateur Bobby Flay is opening his first new restaurant in five years on April 1 in Las Vegas. Shark, located at the Palms, will serve sushi, fish, ceviche and raw bar dishes with South American, Mexican and Mediterranean influences. Read the Eater story
Eclectic low-priced retailer Five Below will open up to 150 new locations and end the year with about 900 U.S. stores. The retailer booked a 23.5% sales increase last year. Read the Dayton Daily News story here
As mall operators and retailers across the country struggle with sales, one local firm is going all in. El Segundo-based Paragon Commercial Group will invest $500 million over the next 18 months in retail property acquisitions. Read The Real Deal online story here
Two Northwest Indiana hotel company leaders with operations in downtown Indianapolis urged Hoosier lawmakers to reconsider an Indiana Convention Center expansion plan that calls for 1,414 additional hotel rooms at the center of the state’s capital city. Read The Times of Northwest Indiana story here
MGM Resorts International has submitted a proposal for a $5.1 billion casino resort and residential complex in downtown Calgary, Alberta. It would have 1,450 hotel rooms, 2,000 slot machines, 300 table games, a comedy club, indoor shopping mall, 22 restaurants and convention space. Read the
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