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.
Plans for new boutique hotels keep popping up in Detroit. Developers and investors have a lot of faith in Detroit’s comeback. Read the Deadline Detroit/Crain’s Detroit Business story here
Questions and details surrounding the proposed hotel in The Village are one step closer to being answered. In front of a packed council chambers, Pedersen Development Co. gave a presentation on its current iteration of the proposed hotel. Up until then, council had not seen
With a new hotel proposed on the Island of Venice visitors may soon have another option for accommodation closer tot he beach. Read the WWSB-TV story here
A southwest valley casino is investing millions to bring more restaurants and entertainment to Las Vegas. Silverton Casino broke ground on its newest development that will tout some familiar and very popular eateries. Read the KVVU-TV story here
The Temecula Valley region in Southern California has seen a surge in hotels over the last three years and there is still a need for more. Driving demand is the growth of the region’s wine and medical industries and the Pechanga Resort & Casino. Read
Online luxury reseller Rebag opened its second brick-and-mortar store on New York City’s Upper East Side. The four-year-old company, which buys and sells bags including upscale brands Dior and Prada, launched its flagship in Manhattan’s SoHo neighborhood last year. Read the Fast Company online story
Starwood Capital, Blackstone Group and Park Hotels & Resorts are among those interested in buying LaSalle Hotel Properties, a real estate investment trust facing a takeover bid from Pebblebrook Hotel Trust. Read the Bloomberg story here
Total revenue per available room increased 2.5% in 2017 for full-service hotels, according to a report from HotStats. A 2.4% gain in F&B revenue helped fuel the increase. Read the Lodging magazine story here
Ritz-Carlton is taking its iconic brand to the high seas with a trio of cruise ship hotels that will start sailing in 2020. Read the South China Morning Post story here
UK-based fast-fashion retailer Primark is set to open its ninth U.S. store in Brooklyn, N.Y., in May, and its plans also call for a Florida store next year, the first U.S. location that will be outside the Northeast. The chain, known for its low-priced fashions,
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