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.
Disneyland has started construction on a Star Wars-themed park. To celebrate the groundbreaking, Disneyland released a 360-degree view with Star Wars characters and futuristic machines inserted into the construction site. No timeline has been announced for the completion of the 14-acre project. Read the Los
A Conrad hotel has opened its doors in Pune, India, representing the Hilton brand’s first property in the country. Read the Travel Weekly story here
The Bal Harbour Village Council voted not to approve the expansion plan proposed for Bal Harbour Shops by Whitman Family Development after residents expressed concerns about increased traffic. The high-end shopping center will submit an alternative plan to its proposed $400 million, 400,000-square-foot addition. Read
Anthropologie will open a 10,000-square-foot store at Minnesota’s Mall of America, the first new retail tenant named for an expansion opened last year. The new store will be the retailer’s fifth in the region and is slated to open before the holidays. Read the Star
A new Saks Fifth Avenue Off 5th store is opening on State Street, with another of the off-price chain’s stores headed to the Goose Island neighborhood in May. Read the Chicago Tribune story here
Vantage Hospitality Group has revived the dormant Signature Inn brand with an eye toward giving owners design options for properties with exterior corridors. Social lobby space and health-and-fitness facilities also will be standard in the economy properties. Read the HotelNewsNow.com story here
While the broader economy was weak in the first quarter of 2016, consumer spending remained strong. March retail sales — excluding automobiles, gas stations and restaurants — increased 0.3% from February, according to NRF calculations. Seasonally adjusted retail sales increased 5.8% year-over-year. Read the National
The Wall Street Journal reports that MGM Growth Properties has priced the initial public offering for the REIT created by MGM Resorts International at $18 to $21 a share, for a potential capital raise of $1.2 billion. The REIT, which will initially hold nine casinos,
Hilton Worldwide hopes to parlay major expansion into Latin America with its extended-stay hotels into a competitive edge over Marriott International in the sector overall. Between 30 and 40 Homewood Suites and Home2 Suites properties are planned for the Caribbean and Central and South America
Data company BuildFax has revealed its first ranking of top U.S. cities for commercial remodeling. Commercial remodels in the United States have increased by 7 percent between December 2014 and December 2015 – an 26 percent increased since 2013. The list, which provides current snapshots
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