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 cost of goods used in construction jumped in April at the fastest year-over-year rate since 2011, with ongoing increases for a wide range of building materials, including many that are subject to proposed tariffs that could drive prices still higher and cause scarcities, according
More than 100 properties in the Best Western Hotels & Resorts portfolio will be included in a new initiative by Pleasant Holidays. Destinations in North America, Europe, Australia and New Zealand will be packaged across a range of price levels. Read the Travel Weekly story
Los Angeles Convention Center management company AEG is proposing that a public-private partnership tackle an expansion project and has submitted the idea to the city. Several city leaders have expressed support for the $1.2 billion project, which would involve adding 350,000 square feet of convention
Los Angeles restaurant Sichuan Impression will launch a fast-casual spinoff later this year, adding to the city’s notable Sichuan food scene. The Chinatown spinoff will be the first of multiple locations and will feature rice bowls, noodles and other items. Read the Food & Wine
Ulta Beauty is betting on its high-low merchandising strategy to hang onto market share as competition grows from traditional retailers, online rivals and a growing roster of fashion brands. Ulta stores sell a mix of mass market and premium brands, and they’re adding new product
Atlanta voters approved a sales tax increase in 2016, and transit officials are planning to use the extra revenue for 18 miles of bus rapid transit and 21 miles of light rail. The work also would include the construction of transit centers and renovation of
Fonciere des Regions has agreed to purchase 14 Starwood hotels in a $1.2 billion transaction. InterContinental Hotels will lease and rebrand 13 of the properties in the deal. Read the Reuters story here
Construction wages increased 3.5% year over year, and the trend is luring some workers back into the construction industry, according to an analysis by Associated General Contractors of America. Read the Orlando Sentinel story here
Des Moines’ next skyscraper will feature a boutique hotel with a lobby that looks more like an art gallery than a place to check into rooms. Read The Des Moines Register story here
Los Angeles city leaders have long talked about the need to add more space to the convention center downtown. Those words haven’t turned into action. But a new $1.2 billion proposal from AEG, the company that manages the convention center, could expand it for the
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