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.
Tijuana Flats will open a restaurant in Orlando, Fla., this week that is the first to feature a new concept it has dubbed Turnt Up. The new design, which may be rolled out to other locations, features a Grab-n-Go area and new furniture, including banquette
Atlanta-based franchisee GPS Hospitality doubled its Burger King holdings last week when it purchased 194 units from SRAC Holdings. The company, operated by former Arby’s CEO Tom Garrett, has also built seven Popeyes Louisiana Kitchen restaurants and is planning an eighth. Read the Nation’s Restaurant
Two entrepreneurs plan to apply $2 million in government stimulus toward the creation of a boutique hotel in Tupper Lake, N.Y. The money is part of a $61 million outlay to spur development in the state’s North Country. Read the WCAX-TV story here
Demolition and excavation work will begin early next year on a $430 million mixed-use development in Nashville, Tenn. The National Museum of African American Music will anchor the project that will include retail, offices and residences. Read the Commercial Property Executive story here
Rite Aid will sell 865 stores to Fred’s in a bid to satisfy regulators and conclude its $9.4 billion merger with Walgreen parent Walgreens Boots Alliance. The deal would more than double the size of Fred’s, a regional retail chain headquartered in Memphis, Tenn., that
Best Buy has opened five outlet stores, including two in Texas, that will sell discounted appliances, most of them goods that have been returned without being used. The stores will be open Friday through Sunday, according to The Dallas Morning News.
Construction employment increased in 211 metro areas between November 2015 and November 2016, the lowest number of metro areas to add jobs in four years, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials
The largest Golden Corral to date opened in Holland, Mich., taking up 11,000 square feet with seating for 486 people. The restaurant features an onsite bakery and butchers and smokes its own meats. Read the MLive.com story here
Heavy bookings have prompted an earlier-then-planned Dec. 16 opening for the massive Great Wolf Lodge in Colorado Springs, Colo. The resort built by Wisconsin-based Great Wolf Resorts features a 311-room hotel and 50,000-square-foot indoor water park. Read The Gazette story here
RLJ Lodging Trust has sold two Manhattan hotels for $286 million. They are the Hilton Garden Inn New York/West 35th Street and the Hilton New York Fashion District. Read the Commercial Property Executive story here
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