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.
Kroger is among the possible buyers for online wholesaler Boxed, with bids expected soon, according to sources. Boxed most recently reported about $100 million in annual sales, including its own private label items. Read the Forbes story here
Early last summer, the partnership of Universal Orlando Resort and Loews Hotels at Universal Orlando opened two new towers at Cabana Bay Beach Resort, one of five on-site resorts servicing three theme parks and the mega-shopping, dining and entertainment complex of City Walk. Read the
Tesla promised to build a retro-style “roller skates & rock” restaurant at one of the Los Angeles “Supercharger” stations for Tesla electric cars, leading to requests from two Bay Area NBC workers for him to do the same thing there. Read the San Jose Mercury
A new My Place Hotel, now under construction in north Davenport, is the third of 40 My Place hotels to be built and owned by an Ames, Iowa-based developer. Read the Quad-City Times story here
The Wallhouse Hotel in Walnut Creek, Ohio, will become part of The Ascend Hotel Collection by Choice Hotels International. Offerings at the award-winning hotel will remain unchanged except for the addition of the Choice Rewards program. Read The Repository story here
The Sears store operating in the Northwest Side’s Portage Park neighborhood, Chicago’s last Sears location, isn’t on the chopping block, according to the company. However, locals worry that if the store does shut down, it would challenge the area’s economic revival efforts. Read the Chicago
Developer Mark Hunt’s boutique-hotel project pegged for the old Crystal Palace building in downtown Aspen has cleared the land-use approval process and now awaits the city’s blessing of its building-permit application. Read The Aspen Times story here
Soft brands have performed well since their debut in 2008, and continuing growth is projected as chains move into lower-priced sectors. Rising demand for experiential travel has Choice, Hilton, Marriott and Wyndham predicting expansion this year. Read the Hotel News Now story here
Last year saw the greatest increase in hotel rooms in the Madison, Wis., area since 2008, the Greater Madison Convention & Visitors Bureau reported. Growth has been steady over the period, and the 401 rooms added in 2017 brought the region’s total to 9,821. Read
San Francisco-based Tartine Bakery will open its first overseas location in Seoul right before the start of the Winter Olympics next month. Founder Chad Robertson hopes to open up to four more bakeries in Korea within the next 12 to 18 months, giving each one
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