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.
Film studio Lionsgate will open an entertainment center with themed restaurants in New York City’s Times Square in 2019. An eatery based on “Mad Men” and others inspired by the film series “The Hunger Games” are planned for the space. Read The Guardian story here
Construction employment increased by 8,000 jobs in September to the highest level since October 2008, amid a tight labor market that may be keeping contractors from hiring as many workers as they need, according to an analysis of new government data by the Associated General
The Champaign city council paved the way for a millennial-focused boutique hotel to be built in downtown Champaign. Construction will begin in 2017 or 2018 and the project will be finished in 2019, officials said. It will require no financial assistance from the city but
Chefs and restaurateurs Graham Elliot and Matthias Merges will open a new Chicago eatery called Gideon Sweet. The restaurant will open in the space formerly occupied by Graham Elliot Bistro, which closed last year. Read the Eater story here
A century-old office building at a prime downtown St. Paul corner, with a music conservatory as its major tenant, has been sold and will become a boutique hotel. The Exchange Building, located on Exchange Street at Cedar Avenue and holding a place on the National
CBRE is forecasting REVpar growth of less than 3% at U.S. hotels through 2021, prompting many to look for ways to cut costs. Franchise fees hit 7.2% last year. Read the Hotel Management online story here
Starbucks closed an online store that sold coffee, espresso machines, mugs and other branded items on Sunday, in an effort to streamline its sales channels and focus on the in-store experience. Customers will be able to buy most of the items in stores, but Starbucks
All 33 Westfield malls in the United States will add dedicated pickup and drop-off spots for Uber drivers, and the company’s Westfield Century City shopping center in California will create a waiting lounge for Uber customers. Some malls will also have kiosks where Uber drivers
Two hotels, each with 181 rooms, are going up in Charlotte, N.C. One will be a Home2 Suites by Hilton and the branding of the second has yet to be released. Read The Charlotte Observer story here
The new Waldorf Astoria hotel in Beverly Hills features 170 guest rooms and “certainly makes a bold statement.” The hotel, at 12 floors, is the tallest in Beverly Hills. Read the Financial Times story here
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