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.
Casual Asian chain P.F. Chang’s has hired investment bankers to explore the possibility of a sale. Centerbridge Partners owns the chain, which operates 214 U.S. restaurants and has 93 international franchised locations. Read the CNBC story here
New owners are transforming what was once a run-of-the-mill downtown Austin chain hotel into a swanky boutique property that’s already generating buzz. The Line, at 111 E. Cesar Chavez St., is in a preview phase as work continues on parts of the building. Completion is
Margaritaville Resort Biloxi moving ahead with $140 million amusement park, hotel A lawsuit between Margaritaville Resort Biloxi and Mississippi has been settled, allowing a $140 million hotel expansion and amusement park project to move forward. The resort will have a new, 300-room hotel and elevated
Toys R Us Canada, is on a mission to make sure consumers know that the retailer is open for business and has a solid business plan under new owner Fairfax Financial Holdings. The Canadian stores do more than $1 billion in annual sales, and the
A developer is proposing to add 330 hotel rooms and 400 rental apartments above the iconic Union Station in Chicago. The project would add a glassy, seven-story structure on top of the station, but the idea has received mixed reactions. Read the Curbed/Chicago story here
The Container Store is giving its stores a makeover with a focus on tech, including digital screens where customers can design their own spaces and setups. The changes, which will roll out first in a Dallas store, also include wider aisles, a lounge area and
A hybrid Applebee’s–IHOP eatery that opened for breakfast in May inside a Detroit Marriott hotel is now open for all three meals and happy hour. Both chains are owned by Dine Brands, and the combined concept was created by a franchisee responding to a developer’s
Construction is expected to begin in 2019 on a $250 million medical center in Texas. The Verde Center at Peachtree is being built on 60 acres as a public-private venture between the Medical Campus Group, Lang and Company of Dallas, and the nonprofit Peachtree Foundation.
Taco Bell is making good on last year’s promise to step up international growth to 1,000 units by 2022. The Irvine, Calif.-based chain recently signed the first master franchise agreement in the brand’s history. The franchise deal with partners in Brazil and Spain will result
A mixed-use development being planned on 77 acres in Frisco, Texas, would contain office, residential, retail and hotel space. The company behind the project, Hong Kong-based China Lesso Group, has submitted plans to the city, and planning officials say the development would include “a multilevel
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