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.
Hyatt has returned to mainland Spain with the debut of the Hyatt Centric Gran Via Madrid in that nation’s capital. The 159-room boutique hotel is situated in a historic, 1920s-era building on Gran Via, a vibrant thoroughfare in the heart of the city. The property
Seventy-five percent of construction firms plan to expand their payrolls in 2018 as contractors are optimistic that economic conditions will remain strong as tax rates and regulatory burdens fall, according to survey results by the Associated General Contractors of America and Sage Construction and Real
With the announcement of a new $1 billion arena “village” in Nassau County, Long Island, the New York Islanders will be leaving Barclays Center in Brooklyn and returning to their namesake island. Not only will the Belmont Park arena hold 18,000 seats, but it will
A new Wendy’s restaurant in Pennsylvania’s Lehigh Valley will feature the chain’s sleek, updated look and include digital menu boards, flat-screen TVs and a fireplace. Wendy’s has remodeled 39% of its units since the new format debuted nationally in 2011, after noting that the changes
Retailers’ investments in omnichannel and digital strategies started to bear fruit in 2017, and 2018 is expected to be a year of positive transformation in the industry. Next year, experts will be on the lookout for more acquisitions and collaborations by Walmart, potential moves by
Dunkin’ Donuts retained its title as New York City’s largest retailer for the 10th year in a row, boasting 612 locations, according to the Center for an Urban Future. The chain opened 16 new stores in 2017, while other restaurant chains including Chick-fil-A, Arby’s, Taco
China-based retailer Miniso will increase its presence in Canada from 18 to 100 stores between 2018 and 2019, with plans to grow to 500 over the next three years. The retailer sells a range of electronics, home goods and other products priced between $2.99 and
The Cook Convention Center in Memphis, Tenn., will begin a $175 million expansion and renovation that should wrap up in 2019. The project will be funded by hotel and motel taxes and include a new building skin, high-end finishes, a glass concourse and technology upgrades.
Seven of the 20 biggest hotel transactions of 2017 happened in California, according to Commercial Cafe. New York, Hawaii and Florida were also deal-making hot spots. Read the Real Estate Weekly story here
Minneapolis-St. Paul International Airport added dozens of new retailers and restaurants this year, in a renovation that mixes local merchants with national brands, including MAC Cosmetics. Read the Star Tribune story here
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