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.
Marriott is touting its soft brands to attendees of the International Hospitality Investment Conference in New York. Marriott created a pop-up gallery to showcase its Tribute Portfolio, Autograph Collection and Luxury Collection. Read the Travel Weekly story here
Cinnamon Shore, a planned community on the Texas Gulf Coast near Corpus Christi, is looking at a $1.3 billion expansion as the next phase of the development. Work will include retail and restaurant space, housing and a hefty expansion of the beachfront. Read the CultureMap
Developer Steve Atkins will have the next five years to bring the Laura Street Trio and Barnett Bank buildings back to life in Downtown Jacksonville after City Council approved incentives for the projects. Read The Daily Record story here
Even with the recent hotel boom in Stark County, the Hall of Fame Hotel at Johnson Controls Village promises a hospitality experience that is unique, high-caliber and football-themed. Read The Repository story here
Wyndham Hotel Group is advancing its presence in the midscale and Midwestern markets with its planned acquisition of the the AmericInn brand and its management company, Three Rivers Hospitality. The $170 million purchase from Northcott Hospitality brings Wyndham’s brand count to 20. Read the Business
Hotel developers are tapping multiple revenue options when planning developments in a bid to maximize economic value amid rising land costs. Commercial and retail space add to the value of developments. Read the NAREIT story here
Forty-one states added construction jobs between June 2016 and June 2017 amid continuing widespread demand for construction services, while 25 states and the District of Columbia added construction jobs between May and June, according to an analysis by the Associated General Contractors of America of
It’s been a while since we’ve checked in on Oceanwide Plaza, the massive three-tower development currently rising across the street from Staples Center. So, we took a look around the busy construction site, where crews are hard at work on the project—one of many on
A new hotel and event center in downtown Racine will cost approximately $55 million, about $15 million more than originally anticipated. The proposed financial model to fund the development was presented by Chicago-based SB Friedman Development Advisors during a joint Redevelopment Authority and Common Council
You’re not going to see huge hotel towers opening in a small, quaint town like Pass Christian. Investors there are betting on more intimate, boutique hotels to draw visitors to the Pass. Read the Travel Weekly story here
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