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.
Over the past two decades, The Refuge Golf Course in Flowood has found its niche in a crowded metro-area golf community as the best purely public golf course in the area. It now appears the city is ready to take it to the next level.
The Live! by Loews project in Arlington, Texas, is a key part of a mixed-use development that includes a new stadium for the Texas Rangers Major League Baseball team. Read the Hotel Management online story here
Landry’s has made a $55 million bid to buy Joe’s Crab Shack parent Ignite Restaurant Group, which filed for bankruptcy protection earlier this month. Landry’s said its offer should be considered the so-called “stalking horse” bid in an upcoming auction, over an earlier $50 million
A high-end 125-unit apartment project called the Revel in Minneapolis will include a small-format Target store. The building will open Aug. 1 and the store is slated to debut a few months later with product offerings tailored to the building’s residents, including grab-and-go items, fresh
Construction costs rose again in June, according to IHS Markit and the Procurement Executives Group (PEG). The headline IHS Markit PEG Engineering and Construction Cost Index registered 51.5, down from 54.0 in May, indicating less broad price increases across the industry. Both the material/equipment and labor
Retailer West Elm‘s first hotel will debut in Detroit next year, while the company announced plans for an Oakland, Calif., property for 2020. Read the Travel Weekly story here
Santa Clarita will be getting a new hotel and brewery after the planning commission’s approval of two projects. Read The Signal story here
Canadian plant-based pizza and vegan ice cream seller Virtuous Pie will open its first Portland, Ore., shop this weekend. The restaurant will serve craft brews and wines from local breweries, and sell pastries and coffee with plant-based milks in the morning. Read the Eater/Portland, Ore.
InterContinental Hotels Group‘s acquisition of boutique hotel pioneer Kimpton Hotels & Restaurants touched off Kimpton’s international expansion, including the company’s first property outside of North America. Read the Skift story here
American Hotel Income Properties, a Canadian real estate investment trust, said it is closing on the purchase of 18 Hilton Worldwide and Marriott International hotels for around $407.4 million. AHIP will own 113 hotels in 33 states once the acquisition is finalized. Read the Hotel
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