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.
Nordstrom has signed a lease for a three-floor stand-alone men’s store at 3 Columbus Circle in New York City, near the site at 57th Street where the luxury retailer is building its first Manhattan flagship. The seven-floor, 400,000-square-foot flagship is set to open in 2018.
Virgin Hotels has joined the hotel boom in Palm Springs, Calif., with plans to build the first of its lifestyle properties in the West. Virgin Hotels Palm Springs is scheduled to open downtown in 2018 with 150 rooms and its Commons Club gathering space. Virgin
New York-based natural and organic food market Mrs. Green’s will make a second go of it in the Chicago area. After opening a 12,000-square-foot store in the suburb of Winnetka, Ill., the grocer plans to open six stores in the Chicago market this time around.
Kushner Cos. plans to transform Monmouth Mall in Eatontown, N.J., into a mixed-use space. The company, which will release plans for the space at an upcoming council workshop meeting, promises that the renovations will take the retail center into the future. The company purchased the
The Ritz-Carlton, Paradise Valley, is scheduled to open in late 2018 near Scottsdale, Ariz. The property will feature a 10,000-square-foot spa. Read the SpaOpportunities.com story here
Tim Hortons, which operates about 650 locations in the United States, plans to open new locations in cities including Indianapolis, Cincinnati and Columbus, Ohio. Read The Globe and Mail story here
The Singapore-based Frasers Hospitality Trust is cautiously exploring new acquisitions with the creation of a multicurrency debt issuance program through a $714 million investment. Frasers has seven hotels in Asia, Australia and the UK. Coming off a strong 2015, the company has 40 properties in
Starwood Hotels & Resorts Worldwide plans to nearly double its Specialty Select brand of mid-market hotels in New York State, with emphasis on New York City. The select-service brands – including Aloft, Element and Four Points – would grow from the current 12 to 22 before
Virgin Hotels Chicago has received LEED Gold Certification from the U.S. Green Building Council. Read the SpaOpportunities.com story here
Philadelphia’s Center City area will see the addition of 24,000 square feet of retail space and 321 luxury apartments in the 28-story building. A CVS Pharmacy and a casual restaurant will be among the tenants. Read the Philly.com story here
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