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.
Social selling marketplace Fancy.com has opened a brick-and-mortar store in New York City’s Nolita neighborhood with a curated collection of goods selected from its online lineup of 250,000 products. Read the Glossy story here
Spain-based Room Mate Hotels is on track to double its hotel portfolio from 1,522 guestrooms to more than 3,052 by 2019. The hotel chain has already signed 11 hotel projects in new destinations, including Rome, Paris, Naples, the Canary Islands, Mallorca and Lisbon. This expansion
AccorHotels will acquire an 85% stake in 21c Museum Hotels for $51 million. AccorHotels intends to consolidate the company into its upper upscale soft brand MGallery, which will come to the North American market. Read the Skift story here
From the sweetgrass basket chandeliers in the restaurant to the rendering of Eliza Pinckney outside the first-floor elevator, the new Hotel Indigo Mount Pleasant reflects the ambiance of the Lowcountry. Read The Post and Courier story here
A strip mall in Nanuet is being knocked down in order to make way for a new hotel. The Rockland Plaza mall on Route 59 is scheduled to be demolished late next year. The town of Clarkstown says a five-story hotel will be built in
Bulgari and Marriott now have six joint hotels with the opening of a Bulgari property in Shanghai last month. Bulgari’s joint venture with Marriott started in 2001. Read the Jing Daily story here
Record revenues and profits from existing hotels are boosting new construction throughout California, Atlas Hospitality Group says in its midyear report. In the first six months of the year, 26 hotels opened, equaling last year’s figure, while the number of hotels under construction grew 41%.
Concord Hospitality Enterprises promoted Carl Hren to senior VP of Architecture and Construction. Hren will be responsible for all design, purchasing and construction for ground-up and renovation projects for the company. Hren joined Concord Hospitality in 2013 as VP of Architecture and Construction. Previously, he worked
Brookstone aims to keep its 35 airport stores up and running even as it closes all 102 of its mall stores. The retailer, known for its massage chairs, travel pillows and other gadgets, filed for bankruptcy recently. Read The Dallas Morning News story here
The London luxury hipster hotel The Hoxton is expanding its brand to U.S. markets in early September, starting with New York City. Hoxton’s other planned stateside locations include Chicago and Los Angeles. Read the Quartzy story here
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