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.
Growth of revenue per available room in the US has been sluggish, despite an improving economy and positive consumer sentiment. Read the Skift story here
Hospitality revenue in Lynchburg, Va., reached $2.2 million in fiscal 2017, up nearly 3% from 2016, according to the local tourism bureau. New hotels are in the pipeline, and a lodging tax increase enacted in May is expected to generate an annual $346,000. Read The
A development that will include a hotel, residential units and restaurants will significantly change the southwest corner of Day Creek Boulevard and Base Line Road. Read the Inland Valley Daily Bulletin story here
The 138-year-old Hotel St. Cloud is a half-million dollars into a $4 million makeover, and structural work is underway to keep the historic gem sturdy and sound. Read The Pueblo Chieftain story here
Construction of the new $1 billion Texas Rangers ballpark will begin Aug. 3. The stadium, a joint venture between the city of Dallas and the baseball team, will feature a retractable roof. Read the Fort Worth Star-Telegram story here
The Normandy Hotel in Washington, D.C., has been sold to Blu Hotel Investors, the company’s first acquisition on the East Coast. The property has 75 rooms. Read The Business Journals/Washington, D.C. story here
Fidelity National Financial Ventures, the parent of Ninety Nine Restaurant & Pub, a 106-restaurant chain, will merge with J. Alexander’s Holdings. J. Alexander’s operates four concepts including 19 namesake locations and Redlands Grill and Stony River, each of which have 12 units. Read the Nation’s
Landry’s had the winning bid in a bankruptcy court auction for Ignite Restaurant Group, the parent of Joe’s Crab Shack and Brick House Tavern + Tap. Landry’s will find a buyer for Brick House and engineer a turnaround at Joe’s, a restaurant concept Landry’s acquired
A growing number of grocers are expanding their culinary offerings to increase sales and stay competitive, with sit-down restaurants featuring wine and beer service and seasonal menus crafted by in-house chefs. Whole Foods Market has offered in-store dining for years and Hy-Vee now operates Market
Thirty-six states and the District of Columbia added construction jobs between July 2016 and July 2017, yet only half the states added construction jobs between June and July amid declining public-sector investments in infrastructure and other construction projects, according to an analysis by the Associated
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