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.
Developers will start construction on a 150-room hotel in Fort Lauderdale, Fla., next year. The project is a joint venture of Grupo Alco, Driftwood Hospitality Management and Eurobuilding Hotels Group. Read the Sun-Sentinel story here
Boston Children’s Hospital‘s $1 billion expansion has been approved by the Massachusetts Public Health Council and will include construction of an 11-story building at its primary campus plus an outpatient facility and renovations at its Brookline campus. Some people have criticized the plan, saying it
Toys R Us has introduced a smaller, interactive store model in Florida and California, with video screens, play labs and other tech-driven features designed to make in-store shopping more fun. Read The Orange County Register story here
Some 59 Golfsmith stores from Oregon to Massachusetts are set to close in the next few months as the next step in the purchase of Golfsmith by Dick’s Sporting Goods rolls into form. Read the Golf Digest online story here
UK-based greeting card retailer Paperchase will open its first two U.S. stores in Chicago in 2017. Target and Staples already sell cards from the company, which opened 23 stores last year including nine international locations. Read The Telegraph story here
The Elliot hotel planned for downtown Minneapolis will be part of the Marriott Autograph Collection. The property will have 165 keys. Read the Star Tribune story here
Already trending upward in occupancy and bed tax revenues, Tallahassee, Fla., may be in line for seven new hotel projects and a large mixed-use complex complete with a hotel. However, hopes for a convention hotel remain to be realized. Read the Tallahassee Democrat story here
San Diego-based Luna Grill has received $30 million in investments that it will use to update existing locations and open new ones. The Mediterranean fast casual chain plans to build 18 additional locations next year, which will bring its footprint to 48 total restaurants. Read
The Dodge Momentum Index grew 4.1% in October to 133.6 from its revised September reading of 128.3 (2000=100). The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending
Shinola will open its 18th boutique and its first in Boston this weekend, selling an eclectic mix of goods including retro watches, leather goods and bicycles. The lifestyle retailer launched in 2011, and its future plans include a hotel brand and an audio line. Read
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