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.
Shareholders and analysts are weighing a range of possible fates for the Premier Inn group now that owner Whitbread Plc has elected to spin off its Costa Coffee chain. A purchase offer for Premier is deemed likely, given the rise in Whitbread’s share price. Read
An upscale hotel near the Hudson New York’s bustling Warren Street, The Wick, appears to be the largest hotel to open downtown in many years. The hotel is a $10 million conversion of a 150-year-old candle and soap factory on Cross Street. Read the Times
Thirty-eight states and the District of Columbia added construction jobs between April 2017 and April 2018, while 29 states added construction jobs between March and April, according to an analysis by the Associated General Contractors of America of Labor Department data released. Association officials said
County commissioners in Miami-Dade County, Fla., approved a development agreement and zoning changes for the $4 billion American Dream Miami project. The entertainment and retail project would the largest mall in the country, but the project must still receive several permits before construction can begin.
As Chicago’s boutique hotel boom continues well into another year, the city’s next high-profile launch will touch down in Hyde Park this July, a departure from the offerings in recent years which have seen the rise of new upscale hotel offerings crop up in trendy
JE Dunn Construction has completed the first project of BNA Vision, a $1 billion expansion for Nashville International Airport (BNA). Enhancements and expansion of the airport’s interim International Arrivals Building (IAB) took center stage recently at a ribbon cutting marking completion of the $8.2 million
CBL Properties has announced redevelopment plans for Jefferson Mall in Louisville, Ky. Plans include transforming an old Macy’s building into a Round1 Bowling & Amusement venue and redeveloping a Sears building for dining, retail and entertainment. Read the Chattanooga Times Free Press story here
Germany-based Puma will open a three-story flagship on New York City’s Fifth Avenue that will have the space to showcase a wide range of the sportswear brand’s products, The Wall Street Journal says. Rival brands including Adidas and Nike also have stores in the Fifth
Ground was broken on the $300 million Atlantic Crossing mixed-use development in downtown Delray Beach, Fla. The six three- or four-story buildings will include 82 luxury condos, 261 apartments, 159,000 square feet of office space, shops and restaurants, and an underground parking garage. Read The
The pending merger with AccorHotels will provide Movenpick with access to Accor’s massive loyalty program and sales channels, accelerating Movenpick’s growth. Read the Hotel News Now story here
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