Restaurateur Nick Pihakis has filed for Chapter 7 bankruptcy in the wake of financial issues that have shuttered restaurants owned by the Pihakis Restaurant Group. The bankruptcy petition lists liabilities of more than $44 million against assets of $10.6 million. — WBRC 6
Shake Shack opening 2nd Alabama location
Shake Shack is opening its second Alabama location in Alabaster. The new location will be at the Shoppes at District 31, a new development off U.S. 31. The other Alabama Shake Shack location is at the Summit in Birmingham. — Bham Now
Robins & Morton reaches milestone with North Carolina hospital
Birmingham-based construction firm Robins & Morton is celebrating the topping out of the FirstHealth Moore Regional Hospital — Hoke addition and renovation in Raeford, North Carolina. Topping out marks the placement of the final steel beam of a project, signifying the structural completion of the facility. — Robins & Morton
Capstone Building Corp. completes $57 million Atlanta complex
Birmingham-based contractor Capstone Building Corp. has completed work on the $57 million Herndon Square Phase II multifamily community in Atlanta. The six-story building includes 201 apartments. — Urbanize Atlanta
