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.
The retractable roof on the Mercedes-Benz Stadium in Atlanta is nearing completion, though a few problems had to be managed with the camera shutter-like roof. Construction will focus on completing the roof’s automation mechanics. Read the Curbed/Atlanta story here
Hyundai is investing $388 million in Alabama, building a new manufacturing plant and renovating an existing facility in Montgomery. The 260,000-square-foot project could be completed by mid-2019. Read The Associated Press story here
Spice Private Equity, the new parent of Bravo Cucina Italiana and Brio Tuscan Grill, has created a new company dubbed FoodFirst Global Restaurants to revamp the restaurant chains and develop new concepts. Former Olive Garden executive Brad Blum has been named to head FoodFirst. Read
Some industries invest 3.5% to 4.5% in technology, but construction firms only invest about 1%. Collaboration, a reduced dependence on paper and prefabrication can help increase the use of technology in the sector. Read the BOSS Magazine online story here
A Coresight Research report states that numerous forces are working to shift American malls, including aging millennials, nontraditional channel growth, online apparel sales and department store consolidation. The report notes that the retail footprint will drop by one-fifth by 2023, with apparel sales remaining flat.
Ennismore, owner of Hoxton hotels and Gleneagles resort, will reportedly receive $1 billion from the founder’s father-in-law to pursue growth plans. Hoxton plans to grow in the United States and Europe through buying and converting hotels. Read the Bloomberg story here
Sycuan Casino, which opened in 1983 as a modest bingo hall clad in aluminum siding, marked a milestone in its transformation into a modern, upscale resort. At a topping-off ceremony attended by tribal members, company executives and invited guests, a final steel beam was hoisted
Frozen food-maker Schwan’s will open its first restaurant this year. The Minneapolis eatery, dubbed Edwards Dessert Kitchen, will feature original desserts from pastry chef Christina Kaelberer and also serve as a test kitchen for the brand. Read the Star Tribune story here
Thailand’s eastern seaboard, largely perceived as a big industrial zone barely a few years ago, is now emerging as a much-touted business, investment and tourist destination, driven by the Thai government’s strong push for the Eastern Economic Corridor (EEC) to connect with China’s One Belt,
The City of Alameda and its private partner, Alameda Point Partners LLC, broke ground on Phase 1 of the $1-billion mixed-use, transit-oriented waterfront development at the gateway to Alameda Point, called Site A. The 68-acre Site A development is located on the site of the
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