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.
Canada-based Smoke’s Poutinerie is expanding in the Midwest, with at least one location expected to open in the region this year. The expansion may include Michigan, Ohio and Indiana. The company has 100 locations in Canada, and it wants to have a total of 1,300
With the dust just beginning to settle surrounding the bankruptcy and 140-store closure of sporting goods retailer Sports Authority, another, albeit smaller, outdoor gear retailer is following suit. Vestis Retail Group, the operator of brand Eastern Mountain Sports, Bob’s Stores, and Sport Chalet, officially filed
The 1970s-era Southwest Center Mall, in Dallas, will be overhauled by the new owner, Peter Brodsky. Area commercial real estate developers Frank Mihalopoulos and Terrence Maiden have been hired to create a new space, one that will have more green space, and potentially residences. Read
To prepare for the addition of a TJ Maxx to the development, the Green Oak Village Place in Brighton, Mich., will get a $2 million investment from owners Lormax Stern Development and Redico LLC. The investment will include an addition of 7,000 square feet and
The 253-room SpringHill Suites and a 147-room Residence Inn at the BRIC development in San Diego are having their official grand opening after soft openings last month. Read the San Diego Business Journal story here
Sweden-based fashion retailer H&M is on track to open its 4,000th store this month, one of 425 locations slated to roll out in 2016. The company will also continue building its international e-commerce reach, with plans to expand into Canada, Greece, Japan and South Korea
Ashford Hospitality Prime‘s board has decided against a sale of the company after a strategic review of its options, despite interest from several buyers, according to The Wall Street Journal. The REIT will launch a $50 million stock-buyback program and sell four hotels – the
Banana Republic will team with Arvind Retail to open its first store in India by next year, sources said. The Indian operator already partners with Banana Republic parent Gap, and it aims to expand that partnership to other Gap brands. Read The Economic Times story
Wynn Resorts is converting its Wynn Golf Club into a water resort offering water skiing and paddle-boarding. This will be Wynn’s first major construction project in Las Vegas since 2008. Read the Bloomberg story here
Rivers Casino seeks to build a 214-room hotel adjacent to its property near the Ohio River in Pittsburgh. The project joins more than 6,000 new hotel rooms planned for the city in the past two years. Read the Pittsburgh Tribune-Review story here
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