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.
The United States has more than 68,000 strip malls and another 42,000 grocery-anchored centers, many built as the suburbs exploded decades ago. Some sit empty and dilapidated, but they can’t be redeveloped because they’re subject to long-term leases with no options to terminate despite the
Millennium & Copthorne Hotels is planning to open Biltmore Collection properties in the United Arab Emirates and Georgia. Read the HotelierMiddleEast.com story here
Taco Bell will remodel four restaurants in Orange County, Calif., this summer, each with a different design ranging from laid-back beachy to urban edgy. The chain, which remodeled about 600 locations last year, plans to open 2,000 new locations over the next six years, about
The Lucky Dragon casino project in Las Vegas is on track for completion by year’s end. As the first ground-up casino development in Las Vegas in six years, the opening of Lucky Dragon Hotel & Casino will mean more options for Las Vegas visitors and
The Palms Casino Resort in Las Vegas was snapped up for $312.5 million by Red Rock Resorts, the parent company of Station Casinos. Read the Las Vegas Review-Journal story here
Apple may open a retail store in the historic Tower Theater on Broadway in downtown Los Angeles, if the company finalizes an unconfirmed lease for the space. Read the Los Angeles Business Journal story here
The iconic Four Seasons on the East Side of Manhattan will close after 57 years and auction off everything from furniture and silverware to what’s left in the wine cellar. The eatery served as one of the city’s top power lunch spots since its opening
Germany-based discount supermarket chain ALDI is trading its no-frills style for a neater look and cafe that will sell fair-trade coffee and fresh smoothies. The fast-growing international chain will transform its almost 1,900 stores to the new prototype over the next three years. Read the
Related Midwest is in the initial planning stages of a potentially 15-year, multibillion-dollar project on Chicago’s largest track of undeveloped land. The 62-acre project, which will need infrastructure, would include residential, retail and office space. Related Midwest is a division of the Related Cos., which
The Washington, D.C., area is awash with plans for new diner concepts, from Slim’s which will offer a traditional diner menu to Fare Well, which will be entirely vegan. Diners are seeing a resurgence in popularity along with the growing craving for all-day breakfast. Read
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