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 owner of Menlo Park’s Red Cottage Inn has plans to convert the property into a hotel three times the size. Yet neighbors of the 28-room hotel at 1704 El Camino Real have threatened to appeal. Read The Business Journals story here
Church’s Chicken and its international sibling, Texas Chicken, will launch their first combined global brand positioning effort this year. Read the QSR story here
Albany, N.Y., and Thornton, Colo., are the newest sites for the SureStay Hotel Group by Best Western Hotels & Resorts. The former is near Albany International Airport, and the latter is the first Colorado location of the new brand. Read the Hotel Management online story
Gilbane Building has been tapped as the general contractor for the $700 million Live! Casino & Hotel Philadelphia. The project will include 200-plus hotel rooms. Read Construction Dive story here
Chains including Buffalo Wild Wings, Bojangles, Sonic and Fogo de Chao made deals last year to take the companies private. As 2019 starts, the restaurant industry could see further M&A activity and faces other questions revolving around business changes, Jonathan Maze writes. Read the Restaurant
Retailers and malls got creative in 2018 to drive traffic back to brick-and-mortar stores, and the trend is on track to continue this year. Increasingly, retailers will use physical space to complement their digital efforts, expand social shopping capabilities and cater to consumer demand for
Just days before it was to go up for sale as a tax-forfeited property and almost certainly razed, the former Hotel Sacred Heart was purchased by the Sacred Heart Historical Society. Read the West Central Tribune story here
Sears Chairman Edward Lampert has proposed two plans to keep the retailer going in some fashion. In addition to a $4.4 billion bid to take over 425 stores, a deal that would be partially financed by $1.8 billion in credit, Lampert also outlined a backup
After 15 years of deterioration and thwarted plans for revival, a historic fixture on Omaha’s most prominent corridor finally could see a $21 million resurrection. Read the Omaha World-Herald story here
Lidl will open its first three stores in the Atlanta market this month and in February, starting with a Powder Springs location. The grocer’s initial plans called for up to 50 stores in Georgia but it has since revisited the scale of its U.S. plans,
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