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.
The City of Belton has approved development of a 95-room Avid hotel by Intercontinental Hotels Group. The four-story hotel will be just west of Markey Parkway on the north side of 58 Highway. Read The Kansas City Star story here
Columbus, Ohio-area developer McCabe Cos. will present plans for Alton Place—a 360-acre, $275 million residential development in nearby Hilliard that would include a manmade lake and wharf as well as medical, office and retail space. Read The Columbus Dispatch story here
A new hotel will be built east of downtown Albuquerque. According to the Albuquerque Business First, the six-story hotel will break ground in March at the corner of Broadway and Central. Read the KOB-TV story here
The Pathmark grocery banner will return to one of its former locations in Brooklyn, New York, as part of the Allegiance Retail Services cooperative. The former location should open this spring, bringing back a banner that closed amid the bankruptcy of A&P in 2015. Read
Cheesecake Factory will open the first fast-casual Social Monk Asian Kitchen restaurants, offering made-to-order Asian-inspired dishes and beer and wine. The company also expects to close on its acquisition of North Italia from Fox Restaurant Group later this year, and it’s putting growth plans for
Starbucks opened its first Starbucks Reserve Bakery Cafe in China on Friday, featuring a menu of coffee and tea cocktails. The Shanghai location will also sell baked goods from Princi Bakery and offer made-to-order meals for breakfast, lunch and weekend brunch. Read the Baking Business
Dine Brands Inc. is on the lookout for a third restaurant brand to add to the current portfolio of Applebee’s and IHOP, according to Nation’s Restaurant News.
Hy-Vee has added a second Fast & Fresh store, this one in Des Moines, Iowa, and has plans to expand the concept. The smaller-format store focuses on offering fresh foods and top convenience store options. Read the Progressive Grocer story here
InterContinental Hotels Group has purchased Six Senses, adding a fourth name to IHG’s luxury portfolio. Read the GET story here
Big Y Foods wants to sell its location in Adams, Mass., to another company, saying the 16,000-square-foot site is too small for the features it now offers, among them a full range of organic items and pharmacy services such as vaccinations. The grocer generally offers
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