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.
Pebblebrook Hotel Trust and Denihan Hospitality Group have reconfigured their jointly owned, $820 million portfolio of New York City hotels, in which Pebblebrook had a 49% stake. Denihan now owns four of the six properties, and Pebblebrook owns the other two, valued at $342.5 million,
Wegmans’ first North Carolina store will open in 2018 as the anchor of a new shopping center in Raleigh, according to developer Regency Centers. The grocer has plans for two other stores in the Research Triangle area, in Cary and Chapel Hill, which are expected
IKEA began construction this week on a store in the Dallas suburb of Grand Prairie. The 290,000-square-foot store, slated to open in the fall of 2017, will feature a supervised play area, model home interiors and a 350-seat restaurant. Read The Dallas Morning News story
Hyatt Hotels has relabeled its 487-room property in New York City as Hyatt Centric Times Square New York. The company introduced the Centric brand in 2015. Read the Travel Weekly story here
Zappos is considering entering the hospitality market, though no formal announcement has been made. Talk of the company expanding into the hotel market goes back to 2014. Read the Hotel Management online story here
The $1.4 billion MGM National Harbor casino scheduled to open Dec. 8 in Maryland will include a sculpture by Bob Dylan, 308 hotel rooms, 50,000 square feet of meeting space, restaurants, a spa and a theater. Read the The Baltimore Sun story here
Fast casual restaurant chain Pei Wei is implementing a rebranding strategy that incorporates a modern design mixed with traditional Asian-inspired ambiance, a quinoa substitute for bowl bases, new menu options and a test kitchen open to the public. Read the FastCasual.com story here
Chipotle will stop funding its Thai ShopHouse chain in favor of its growing Pizzeria Locale and Tasty Made concepts, as well as its namesake chain, the company announced Tuesday. Chipotle may sell or close its existing ShopHouse locations as it opens its first burger-focused Tasty
J.C. Penney is testing a 350-square-foot Sephora boutique at its store in Sault Ste. Marie, Mich., a concept that may bring the high-grossing beauty brand to about 400 smaller-format Penney stores. The department store first partnered with the beauty retailer in 2006 and about 600
Safeway has sealed a deal to buy California-based G&G Supermarkets, a two-store family-owned chain, for an undisclosed amount, the companies said. The deal is expected to close by the end of the year, and Safeway will retain all 250 staffers at the G&G stores in
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