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.
InterContinental is bringing franchise hotels to China and will seek operators for Crowne Plaza, Holiday Inn and Holiday Inn Resort properties. Read the South China Morning Post story here
A 103-year-old hotel in Little Rock, Ark., is set to reopen with a new name after a $2 million renovation that preserves its historic character. The Hotel Frederica, formerly the Hotel Sam Peck and the Legacy, was purchased last year for $2.8 million. Read the
Jack in the Box is close to sealing a deal to sell Qdoba Mexican Eats to Apollo Global Management in a deal valued at upwards of $300 million, sources said. The company, which acquired Qdoba in 2003, launched a strategic review in May and said
The number of hotel rooms in Hawaii grew 2% by the end of the third quarter over the same period in 2016, adding 1,100 rooms and taking the state’s total to 54,300. Revenue per available room rose by 7%. Read The Business Journals story here
A groundbreaking ceremony was held recently for a $3.7 billion project that will expand Interstate 66 in Virginia to create two tolled and three free lanes in each direction. Express Mobility Partners is working on the public-private partnership, with the goals of reducing congestion and
InterContinental Hotels Group will rebrand 14 hotels across India under the Holiday Inn Express flag in a partnership with SAMHI. The move will expand IHG’s portfolio in the country by 34%. Read the Commercial Property Executive story here
Restoration Hardware‘s new $26 million RH West Palm Beach gallery includes a rooftop restaurant atop four floors of high-end furniture, fixtures and other home goods. The eatery, created by Chicago restaurateur Brendan Sodikoff, includes a wrap-around patio and wine bar. Read the Sun-Sentinel story here
Steve Salis, the co-founder of &pizza and owner of other eateries including the Ted’s Bulletin chain, is looking to turn his talents to community building. He plans to combine his hospitality arm with his home building experience to create a mixed-use village that includes housing,
J.Crew will close 39 locations by the end of January, twice as many as previously announced, the retailer said, as part of a shift to a digital-first business model. Same-store sales fell 12% in the most-recent quarter, compared to a 9% drop in the same
Marriott‘s future smart hotel rooms will be personalized according to the needs of each guest and have high-tech amenities, such as voice-activated technology. Another tech-related advance created by Marriott’s partnership with Samsung and Legrand is the ability to prompt a virtual assistant to adjust in-room
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