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.
Ivan Nieves and David Flores decided to leave Puerto Rico after Hurricane Maria devastated their home and took down power at their restaurant. The eatery has since reopened, and the pair has also opened a second location in their adopted home of Miami, where they’re
Subway has launched an $80 million store refresh program dubbed Fresh Now that includes new employee uniforms, clearer menu boards and new stations featuring sauces, spices and beverages. The new format is being tested at 480 U.S. stores, and Subway is splitting the cost of
Hy-Vee opened its first HealthMarket store in West Des Moines, Iowa, this week, with plans to open up to 60 more across the country. The first model is based upon the health department in regular Hy-Vee stores, and features regular grocery products along with a
The perfect Nantucket hotel has been something of an elusive concept on the island for quite some time. There’s a generation of rustic (read: unrenovated) inns that maybe went a bit too far with the nautical theme or made guests feel like they were staying
New Zealand-based menswear retailer Rodd & Gunn was set to open its first Texas store in Dallas. The retailer made its US wholesale debut in 66 Nordstrom stores two years ago, and it has since opened five other standalone stores in New York and California.
TCOR Hotel Partners and TriGate Capital LLC have undertaken a $30 million equity joint venture to acquire and enhance value at branded premium select service hotels. The hotel acquisition platform plans to buy five to six hotels with TriGate, a discretionary real estate fund. Read
The small Central Texas town of Fredericksburg is about to get a big, multi-million dollar, tourist destination. The Houston-based Murphree and Company and the Austin office of the Beck Group will oversee design and construction of the $78 million Seven Hills Resort and Conference Center,
A 135-room Courtyard by Marriott hotel will open in 2020 at the corner of Cleveland and Worthington avenues in Dilworth. Read the WSOC-TV story here
Construction spending declined 1.1 percent in June from an upwardly revised record level in May, but there were widespread gains in both public and private investment for the first half of the year, according to an analysis of new government data by the Associated General
New York City is considering passage of a special permit that would be required for hotels being built in manufacturing zones. Analysis by The Real Deal found that construction for typical hotels takes on average about a year longer to complete than other buildings, and
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