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.
Developer Ryan McNeill has planned a mixed-use retail center and may seek rezoning approval for 5 acres of land in northwest Oklahoma City. The project’s plan calls for retail, office and residential areas, with a focus on appealing to a younger generation. Read the KWTV-TV
West Virginia officials said that June hotel occupancy for the state was up about 16% compared to a year ago. This growth resulted in a 20% revenue rise over 2017, and every region across West Virginia had increases in hotel occupancy. Read The News Tribune
WorldHotels now owns a 269-room hotel in Dubai called the Gulf Court Hotel Business Bay. This acquisition is part of a company trend to expand globally, as WorldHotels recently added the Saint James Albany in Paris and the Mykonos No5 in Greece. Read the Hotel
A new boutique hotel, market-rate apartments, retail, restaurants and a public plaza are coming to the University of Arizona area. Read the Arizona Daily Star story here
After purchasing 150 acres of land, the city of Manvel, Texas, is working to develop a concept for a town center complex. The project could include retail, government space, sports fields and a hotel. Read the Houston Chronicle story here
The Atlanta Route 66 Motel has been rebranded Rodeway Inn in Atlanta as its family owners attempt to revive its sluggish performance. The owners remodeled prior to the conversion. Read The Pantagraph story here
South Korean retailer A Land has opened its first U.S. store in Brooklyn, N.Y., with a mix of fashions, home goods, accessories and beauty items, most priced under $100, according to Women’s Wear Daily. The 12-year-old retailer operates 19 stores in Korea, Bangkok and Hong
The Ivar Gardens, a 21-story hotel planned to replace the Jack in the Box on Sunset Boulevard in Hollywood, is still kickin’. Read the Curbed/Los Angeles story here
Focus Brands will acquire Jamba Juice in a deal valued at about $200 million. Jamba Juice has upwards of 800 units and Focus Brands’ portfolio boasts more than 5,000 restaurants worldwide under banners including Cinnabon, Moe’s Southwest Grill, Auntie Anne’s and McAlister’s Deli. Read the
Yum Brands‘ plan to open 1,000 new Taco Bell units in the US by 2022 includes a push into New York City with its Urban In-Line and Cantina concepts. Urban In-Line stores are typically smaller, with open kitchens and no drive-thru windows so they fit
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