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.
ALDI, Ashley Furniture and Big Lots were among the bidders to snap up some of the Toys R Us store spaces in the latest round of auctions, court documents show. The toy retailer’s liquidation will leave upward of 800 US stores vacant. Read the CNBC
Marriott will open a 192-key Courtyard property close to Denver Airport next week. The hotel will operate as a Marriott franchise and will be managed by Stonebridge Cos. Read the Commercial Property Executive story here
It’s now official: Sushi Blue restaurant near the historic City Market will be replaced by a hotel. Read The Post and Courier story here
A five-story building is being demolished to make room for a $500 million mixed-use project in Tampa, Fla. Construction is set to begin in 2019 and is slated for completion in 2021. Read the WFLA-TV story here
Construction has started on a convention center in Oklahoma City that will cost $288 million, including land acquisition. Work is expected to be completed in 2020. Read the KOKH-TV story here
Cheesecake Factory will debut a new fine-casual concept called Social Monk Asian Kitchen in California this fall. The pan-Asian menu will feature rice and noodle bowls, salads and sandwiches created by Mohan Ismail, the chef at Cheesecake Factory’s first Asian chain, RockSugar Southeast Asian Kitchen.
InterContinental recently launched Voco Hotels and will grow the brand starting in the Middle East, Europe, Asia and Africa. Read the Travel Daily Media story here
Several new restaurant concepts are in growth mode in the Orlando, Fla.-area, including Foxtail Coffee Co. which opened its first location in 2016 and has plans for three more locations. Read the Orlando Sentinel story here
Forty-two states and the District of Columbia added construction jobs between May 2017 and May 2018, while 28 states added construction jobs between April and May, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials
Walmart plans to open a smaller, high-tech version of Sam’s Club as a test store in a 32,000-square-foot location in the Dallas area that formerly held a Neighborhood Market. The store will be convenience-focused and offer Scan and Go technology. Read The Dallas Morning News
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