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.
McDonald’s franchisee Nick Karavites will close his rock-n-roll themed restaurant and tourist attraction in Chicago for remodeling. The revamped eatery will replace music memorabilia with self-order kiosks, solar panels and other modern touches as part of the chain’s plan to update 14,000 US units over
An old schoolhouse in Fernandina Beach will soon be full of life. Fernandina Beach’s Old School No. 1 is being transformed into a boutique hotel. Read the First Coast News-WTLV-TV/WJXX-TV story here
Sears paid down $325 million on an existing loan in the fourth quarter and won an extension on the maturity date for the remaining $400 million until January 2019, the retailer said in regulatory filings. The company has also secured a $607 million credit facility
Another new hotel is coming to downtown Indianapolis, this time just a block from Lucas Oil Stadium. Read the WTHR-TV story here
Construction has started on a 500-acre, mixed-use development in Omaha, Neb. The project, valued at more than $1 billion, will include retail, restaurant, office and residential space and be pedestrian-friendly with walking trails and open space. Read The Architect’s Newspaper story here
Hilton is focusing on innovation and “what we’re going to do in the next 10 to 20 years to even better serve our customers.” The Innovation Gallery at Hilton McLean Tyson Corner in Virginia is a test bed for new technology. Read the Hotel News
Minneapolis officials have given approval for developers to convert an existing office building in the downtown core into a 203-room, dual-branded Hilton Tru and Home2 Suites hotel. Read the Star Tribune story here
Details have emerged about what the hotel in the One Glenwood tower project under construction will look like. It will be a 126-room, seven-story boutique hotel that will connect with surrounding neighborhoods by steering guests toward bars and restaurants, and include health and fitness options
Wynn Resorts has confirmed the pending purchase of around 38 acres across from the Wynn Las Vegas resort, completing ownership of nearly 280 acres for future development. The finished site will likely draw more visitors to the northern portion of Las Vegas Boulevard. Read the
Simone Falco, the chef and owner of Rossopomodoro, has created a fast-casual pizza concept called Simo Pizza, which will open in two locations in New York City. The Neapolitan-style pizzeria joins other rising fast-casual pizza concepts including Blaze, &pizza and Martina. Read the Eater/New York
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