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.
Choice Hotels International awarded an agreement to ServiceStar Hospitality to develop 14 new WoodSpring Suites hotels throughout Colorado, Arizona and Nevada. Read the Hotel Management online story here
A new full-service hotel is coming to Meeting Street. And according to the zoning board which voted to approve the project, there was nothing in the city’s code to stop it. Read The Post and Courier story here
The former Roses property in Thomasville will soon be a Marriott Hotel. City officials recently revealed the hotel’s design. Read the WALB-TV story here
Lemonade and Modern Market Eatery, two concepts owned by private-equity firm Butterfly, have merged to form Modern Restaurant Concepts. The new company has 58 health-focused restaurants and the brands will continue to grow as separate brands. Read the Restaurant Business online story here
Last year saw a record number of hotel deals in the United States, according to STR, with $29.5 billion in transactions involving 707 hotels. More than a quarter of deals were in the upscale chain category. Read the Hotel News Now story here
The project is near one of the strongest retail submarkets in Central Florida that features some of the best-performing restaurant chains and retailers in the U.S. due to the proximity to Disney and the tourist corridor. Read The Business Journals story here
The long-planned 13-acre Adelanto Towne Center in California will see construction start in April for a 7-Eleven. Several additional phases are planned, with a footprint of 63,400 square feet across 10 buildings. Read the Daily Press story here
CVS and Walgreens are both testing revamped store designs that focus on health and wellness while stocking less seasonal and general merchandise. Three CVS HealthHUB concept stores are now open in the Houston market and offer products including sleep apnea gear, with space for yoga
Construction is expected to begin next year at a Boston pier building that once was the world’s largest. Developers are planning a mix of retail, dining, office and public space and intend to preserve many of the original building’s historic components. Read the Building Design
Detroit-based cosmetics company The Lip Bar LLC plans to open its first full retail shop in the alley behind the Shinola Hotel downtown. Read the Crain’s Detroit Business story here
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