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.
Construction employment decreased by 31,000 jobs in February as extreme winter weather gripped much of the nation. However, continuing year-over-year employment and wage increases that exceed those in other industries suggest there has been no letup in demand for projects, according to an analysis of
Standard Hotels is entering the European market this spring with a 266-key project in London. The company has other hotel projects in its development pipeline. Read the GlobeSt story here
Fashion retailer Charlotte Russe will close all of its stores as part of a sale to liquidation firm SB360 Capital Partners, which won bankruptcy court approval. The retailer, which filed for Chapter 11 last month with more than 500 stores, is still seeking a buyer
Oakland residents and visitors can now stay at a luxe hotel or dine at its restaurant — both after taking the elevator to the 10th floor. Read The Pitt News story here
The first of Accor‘s new Tribe midscale brand properties debuted in Perth, Australia, and 10 more openings are planned for the Asia-Pacific region and Europe by 2022. Tribe’s expansion of the chain’s lifestyle portfolio will reach 150 global sites by 2030. Read the Hotels Magazine
A new hotel is a step closer to setting up shop in downtown Spartanburg. The city’s design review board discussed the Cambria Hotel at Tuesday’s meeting. Read the WSPA-TV story here
Kohl’s will lease or sell space to Planet Fitness at 10 stores and may share more space with the gym chain in the future as part of a plan to trim the footprints of the retailer’s biggest stores. The brands will promote each other and
A new hotel project is in the works for the city of Hattiesburg after the newest developments were approved by the Hattiesburg City Council. Read the WDAM-TV story here
Sandwich chain Quiznos has fewer than 400 U.S. shops, down from about 5,000 in 2007, and parent Rego Restaurant Group is working to revive the chain as part of a multibrand format. The company plans to acquire more restaurant brands with a focus on turning
Abercrombie & Fitch raised its forecast for 2019, and revealed plans to close 40 stores and remodel its namesake stores to drive sales. The fashion retailer reported a 2% same-store sales decrease in the fourth quarter for its Abercrombie brand, and a 6% increase for
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