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.
Although it’s more likely to be with a shovel than a backhoe, construction is set to begin next week on a new convention headquarters hotel that has been on Kansas City’s wish list for years. Read The Business Journals story here
Crate & Barrel founder Gordon Segal built the chain’s first flagship on Chicago’s Michigan Avenue, a four-story glass-walled space that opened to crowds in 1990. Segal recently toured the space, which will close to make way for the world’s largest Starbucks. Read the Chicago Tribune
An architect and developer who made a surprise pitch last week for a downtown Bloomington hotel connected to Grossinger Motors Arena says the project may not require much city investment. Read the WGLT-FM story here
Hotel construction in Nashville, Tenn., in December increased 48% over the same period in 2016, while the US saw a 4% drop, according to industry analytics firm STR. Construction still took place in New York and Dallas, but their markets declined more than 18% year
Forty-two states added construction jobs between December 2016 and December 2017, while 32 states and the District of Columbia added construction jobs between November and December, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials said a
A record 55.2 million visitors came to Chicago in 2017, driving demand for hotel rooms. Chicago has eight major hotel projects happening in 2018, and the Marriott Marquis added 1,000-plus rooms to the city’s hotel inventory last year. Read the Curbed story here
Retailers that offer consumers experiences they can’t find anywhere else are in growth mode and adding new stores. The TJX Companies‘ brands are adding new off-price stores, Ulta Beauty will grow by 100 new locations per year as beauty fans flock to stores to try
A new hotel will soon be part of the downtown skyline, with Caliber Hospitality announcing plans to break ground later this year on a 125-room hotel next to the Tucson Convention Center. Read the Tuscon.com story here
Japan-based Fast Retailing will open a 17,000-square-foot, four-story Uniqlo store in Stockholm, Sweden, marking the fast-fashion retailer’s first foray into the country, Women’s Wear Daily says. Sweden will be the 20th global market and the seventh European country for the brand.
With its $960 million casino and entertainment complex due to open in September in Springfield, Mass., MGM Resorts International is moving into its corporate offices in that city. The headquarters will house about 300 employees, while the complex will employ 3,000. Read The Hartford Courant
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