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.
Across the United States, boutique hotels are a top-performing segment of the industry, even as hotel supply continues its rise. Boutique hotel supply grew by 7% last year, according to this analysis. Read the Hotel News Now story here
Charleston’s Hotel Bennett is slated to open this fall. The property is named for the Charleston-based Bennett family, and is owned by local hotelier Michael Bennett and his company Bennett Hospitality. It is managed in collaboration with Salamander Hotels & Resorts, which was founded by
The same group of New York City-area investors working on turning the former downtown Buffalo AM&A‘s store into a hotel wants to carry out a similar project in a massive former hospital in Niagara Falls. Read The Buffalo News story here
Small, community grocers are popping up across the country, forcing traditional supermarkets to rethink their offerings and customer engagement. From DMG Foods in Baltimore, founded after the riots of 2015 in part to restore the community, to Nada, a package-free store in Vancouver, Canada, where
Under recently disclosed redevelopment plans, North Point Mall in Alpharetta, near Atlanta, will remove a vacant Sears building. The 14-acre property could see 30,000 square feet of retail and restaurant space and 328 apartments created as part of the redevelopment plans. Read The Business Journals
Wisconsin-based Cousins Subs has signed a franchisee to open as many as 40 units in the Chicago market over the next seven years, the first three of which are slated to debut this year. Cousins Bill Specht and Jim Sheppard founded the chain in 1972,
U.S. hotel construction was up 7% in the second quarter over last year, and specialized contractors such as Swinerton Builders look to be busy for some time. Read the Construction Dive story here
The Security Industry Association (SIA), in partnership with the ASIS Foundation and the Building Owners and Managers Association International, jointly released groundbreaking first-of-its-kind guidance for practitioners in the security and building management fields. Intelligent Building Management Systems: Guidance for Protecting Organizations provides a framework to
Hotel rooms have increased 16% during the past five years in the Omaha, Neb., market, compared with a national average of 7%, according to STR. Data from the market researcher also show booking revenue is up 10% this year. Read the Omaha World-Herald story here
A planned $50 million mixed-use development in Sioux Falls, S.D., will include two hotels, parking, restaurants and meeting spaces. The project also includes 7,500 square feet of retail and storefronts along its main level in the 15-story building. Read the Argus Leader story here
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