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.
The 220-key AC Kingston will mark the arrival of the AC Hotels by Marriott brand in the Caribbean when it opens in Jamaica in 2019. Sandals Resorts International and Marriott International negotiated for a year before settling on how to jointly expand the AC Hotels
Hyatt Centric is planning to add a dozen hotels to its portfolio through 2019. Read the Hotel Management online story here
The cost of materials and services used in construction rose markedly faster than the price of completed buildings, according to a new analysis of federal producer price data released today by the Associated General Contractors of America. Association officials cautioned that potential restrictions on the
Developers are looking to bring World One Hotel and a shopping center to Nashville, Tenn. The property may also include a rooftop water park, a science center and a 3-D and live theater. Read The Tennessean story here
The Current, Iowa, is on track to open soon in Davenport, offering both hotel space and apartments. Renovations of the 1910 building into a boutique hotel kicked off in June 2016. Read the WQAD-TV story here
Discount grocer ALDI will spend $1.6 billion to update about 1,300 stores in the US to include windows that let in more natural light, higher ceilings and wider first aisles, the company said. The retailer is looking to boost its monthly shopper count to 60
Whole Foods Market will shutter nine stores and change its new-store strategy, shifting from a plan to open more than 1,200 U.S. stores to one that focuses on assessing the performance of 100 stores that are newly opened or slated to open soon. Read the
The Ivey’s Hotel in Charlotte, N.C., is on track for a March opening after two years of work. The hotel features 42 keys. Read The Business Journals story here
A 182-key Renaissance Hotel is being planned for the Bricktown section of Oklahoma City. Developer Andy Patel purchased the site for $2 million in 2014. Read the The Oklahoma story here
Riverhouse at Odette’s, a boutique hotel project in New Hope, Pa., is ready to move forward now that developers have signed a 35-year lease with the state. The property will feature 36 guest rooms. Read the Philly.com story here
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