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.
New York City hot dog chain Papaya King, an 85-year-old concept that once won kudos from Julia Child, has teamed with Fransmart to launch a franchising program with the goal of growing to 500 units nationwide. The concept can operate in small spaces, making it
Wyndham Hotel Group has reached the 200-hotel milestone in Latin America and the Caribbean with the opening of Wyndham Grand hotels in Uruguay and Paraguay. Read the Hotel Management online story here
Construction could begin in December on a $1.5 billion Wynn theme park in Las Vegas. Paradise Park will feature a central lagoon spanning about 20 acres, meeting space and a hotel tower with about 2,000 rooms. Read the CNBC story here
Del Frisco’s Restaurant Group is working with Bain Consulting to create better distinctions between its three restaurant chains, Del Frisco’s Double Eagle Steak House, Del Frisco’s Grille and Sullivan’s Steakhouse. Del Frisco’s Grille is testing a new menu slated to debut at all locations later
FelCor Lodging Trust is merging with RLJ Lodging Trust to become a wholly owned subsidiary of its fellow lodging REIT in an all-stock transaction valued at $1.2 billion. The deal will create a $7 billion company, which the two companies say will be the largest
Escondido, Calif., has four hotels in its pipeline, including a Springhill Suites that will break ground later this year. A proposed Courtyard by Marriott is awaiting city approval. Read The San Diego Union-Tribune story here
A 218-key Marriott Hotel project has broken ground in Odessa, Texas, the result of a public-private partnership and more than two years of planning. Read The Business Journals story here
Upscale limited-service hotels are experiencing a surge of development, as limited-service hotels are cheaper to build and well-suited to crowded downtown areas. Of the 191,000 hotel rooms under construction nationally, two-thirds are in upscale and upper midscale segments, according to STR. Read the National Real
The parent company of Taco Cabana and Pollo Tropical is shuttering 30 company-owned restaurants as it prepares to “relaunch” both brands. Fiesta Restaurant Group plans to close 30 Pollo Tropical restaurants in North Texas, Austin and Nashville. Read The Business Journals story here
Cafe Clover, a healthy dining eatery in New York City’s West Village, expanded with the opening of a 990-square-foot neighborhood specialty market dubbed Clover Grocery. Customer requests to buy the seed crackers the restaurant serves inspired the idea for expansion, which grew to include non-food
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