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.
Texas-based Del Frisco’s Restaurant Group may seek a buyer for its Sullivan’s Steakhouse chain as it works to expand its two namesake restaurant brands, executives said. The company has closed three Sullivan’s locations in recent months, and it expects to shutter another this year. Read
Lightstone Group has cleared another hurdle as it sets out to build “Fig + Pico,” a large mixed-use project slated across the street from the Los Angeles Convention Center. Read The Real Deal online story here
Bloomin’ Brands has opened a takeout-only concept called Outback & Carrabba’s Express in Tampa after testing the idea at locations in Orlando and Hollywood, Fla., and it will open a second Tampa Bay-area unit in May. Restaurant chains are getting more innovative to stay competitive
Construction is expected to begin next week on the $110 million second phase of a mixed-use development in Washington, D.C. The project will have residential and retail space and should be completed in two years. Read The Business Journals story here
The hotel industry is responding to evolving consumer tastes and new technology trends with new offerings that cater to these changes. Read the REIT magazine story here
MetLife Investment Management is moving forward with the first phase of a mixed-use redevelopment project in Midtown Atlanta that will feature about 500,000 square feet of Class A office space, 87,000 square feet of retail, a 20-story hotel and a 350-unit apartment building. Read the
A huge downtown hotel expansion could mean $500 million for Columbus and local businesses over the next decade and could also attract larger conventions to the area. Read the WCMH-TV story here
The Clarence Brown Conference Center is getting some company — the Cartersville-Bartow County Convention & Visitors Bureau (CVB) has announced that a 117-room Courtyard by Marriott hotel will be built right next door, with groundbreaking as early as July. Read The Daily Tribune News story
Developer Timberlane Partners wants to open a 54-key hotel in Silver Lake, which will be the second hotel planned for the fast-developing neighborhood. Read The Real Deal online story here
A rail expansion in Charlotte, N.C. has been completed, and the agency behind the project, the Charlotte Area Transit System, wants to spend between $5 billion and $7 billion to expand the rail line farther. A streetcar project also is being proposed for the city,
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