Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Carrols to purchase 278 Burger Kings in seven states
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST) has agreed to purchase 278 company-owned Burger King restaurants in Ohio, Indiana, Kentucky, Pennsylvania, North Carolina, South
Armory Square hotel project gets off the ground at last
SYRACUSE — Construction began March 1 on a new seven-story hotel in downtown Syracuse’s Armory Square after nearly four years. RHS Holdings, LLC announced the project in 2008, but it was delayed by financing issues in the wake of the economic downturn and financial crisis of recent years. Financing for the $30 million project closed
Roundtable: Sports is big business in Central New York
SYRACUSE — Central New York is an attractive place for sporting events, which in turn generates a big economic impact on the region, according to sports executives at a recent roundtable event put on by University College of Syracuse University. Jeff Mickle, sports development director at the Syracuse Convention & Visitors Bureau (SCVB), discussed the
Work on new hotel to start this week in Armory Square
SYRACUSE — Construction will start Thursday on a new seven-story hotel in downtown Syracuse’s Armory Square. The $30 million, 180-room building will house a combined
Aspen Athletic Clubs to open location in downtown Syracuse
SYRACUSE — Aspen Athletic Clubs will open a location in downtown Syracuse this spring. The downtown club, which will be Aspen’s third, is planned for Onondaga Tower, the former HSBC Tower at 125 E. Jefferson St. It will be 6,000 square feet and include cardiovascular equipment such as treadmills and elliptical machines, free weights, strength-training
Ollie’s Bargain Outlet reopens after flooding
JOHNSON CITY — Ollie’s Bargain Outlet, which closed its Johnson City store during last fall’s flooding after just a month in business, will reopen the
Greek Peak must find new lender following bank closure
VIRGIL — Greek Peak Mountain Resort must refinance several loans after regulators shut down its lender, Nashville–based Tennessee Commerce Bank, last week. Loans made to
New Ithaca-area BJ’s Wholesale Club opens
LANSING — BJ’s Wholesale Club, Inc. has opened a new Ithaca-area location in the village of Lansing. The store, which is 85,000 square feet, is
Legends Golf Center upgrades tees, adds new simulator
UNION — The owners at Legends Golf Center, LLC were busy this fall upgrading the facility and adding new equipment to give golfers plenty of chances to work on their swing during the long, cold winter months. Work has finished on the renovation of four of Legends’ nine covered outdoor tees to fully enclose and
Vernon, Tioga Downs report rise in revenue in 2011
VERNON — American Racing and Entertainment ended 2011 with strong gains at its two racetrack and casino operations — Vernon Downs and Tioga Downs. Vernon Downs, located at 4229 Stuhlman Road, generated a net-revenue increase of $1.1 million, or 2.6 percent, at its casino operations, according to a news release issued by American Racing. Casino
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.