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.
Quicken Loans Arena, the home of the NBA’s Cleveland Cavaliers, is getting a $140 million makeover that will include a new 42,430-square-foot atrium. The project will kick off with exterior work, and the facility will be closed during the next two summers for interior renovations.
Despite considerable public debate, the Peachtree Corners City Council voted 4-3 to approve zoning changes requested by Roberts Properties Inc. that will make way for a new mixed-use development at 4936 Peachtree Corners Circle and 5246 Peachtree Parkway. Read The Atlanta Journal-Constitution story here
Savills Sdn. Bhd., a real estate consultancy group, says the retail market in Greater Kuala Lumpur, Malaysia, will be competitive, as 27 new malls are expected to open there by 2021. The region will have 197 retail centers in the next three years, with a
Developer PreDevCo is aiming to create a mixed-use development in Coral Springs, Fla., that will include restaurants, a grocery store, a hotel and an apartment tower. Called Coral Springs City Center, the development is said to be in the final stages of approval for the
A proposed downtown high-rise has a new hotel group on board, a key step that’s replaced a former partner and moved the project closer to construction. Read the WDAY-TV/WDAY-AM story here
The $1.9 billion project to expand Southern California’s Interstate 405 Freeway will add two express lanes in each direction on part of the freeway and replace 18 bridges. It’s part of a larger effort to expand transportation capacity in the region. Read The Orange County Register
Driftwood Acquisitions & Development (DAD), a company with decades of hospitality experience and a strategic focus on hotel and resort acquisitions, today announced plans to build a new Canopy by Hilton in Tempe, Arizona. The $60 million-plus, 200-room Canopy by Hilton Tempe Downtown, University Area
Four Seasons has 50-plus projects in its pipeline as the company looks to double its portfolio in the coming years. Properties are scheduled to open in Malaysia and India in 2018. Read the Food & Drink Digital story here
California’s Viejas Resort is adding the adults-only Willows Hotel & Spa to its offerings. Opening next month, the hotel within the resort has 159 guest rooms. Read the San Diego Business Journal story here
Choice, Marriott and Hyatt are among the major hotel names betting on smaller, boutique brands. Choice opened 45 Ascend properties last year, while Marriott now has 27 Tribute-branded hotels in its portfolio with more planned. Read the CoStar Group story here
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