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.
Hotel firms including Wyndham Hotel Group, Hyatt Hotels, La Quinta Holdings and Starwood Hotels & Resorts Worldwide are planning to expand in Latin America, drawn by the region’s economic growth and the accompanying rise in travel demand. Wyndham Hotels and Resorts last year opened its
A new 40-room luxury hotel planned for downtown Stillwater, Minn., should open in 2015, and plans call for retail and dining on the site as well. The developer told the town’s city council that plans for the boutique hotel, located in the greater Twin Cities
The 204-room Ocean Plaza Beach Resort in Tybee Island, Ga., has been purchased by Linchris Hotel Corp. through a $13.54 million acquisition loan secured with the help of HFF. Linchris plans to invest $1.5 million in upgrades to the historic property in the first year.
Parent Hudson’s Bay will open its first two Saks Fifth Avenue stores in Canada in the spring of 2016, and it will debut its Off 5th outlet chain there at the same time. Hudson plans to pursue Toronto but not Ottawa or Quebec City, which it
Starwood Hotels & Resorts Worldwide plans to expand in Africa and hopes to open as many as 20 hotels there by 2018. Starwood executives said most of the new hotels would be in the high-end category and that five of those properties would be in
Sangertown Square, an established retail center in New Hartford, N.Y., is undergoing a multimillion-dollar renovation to stay competitive and update its look. The retail center’s tenant base is already primed to draw traffic: 58 of the 76 stores are unique to the market. Read the
Los Angeles chefs are turning massive retail spaces into multiple dining concepts that allow them to flex their creative muscle and attract more customers. Read the Los Angeles magazine/The Digest blog here
Stein Mart will open six new stores and relocate four others, as part of an expansion plan that will add more than 188,000 square feet of new retail space at the discount chain. The expansion will be the retailer’s largest in almost 10 years, and
North America will be the focus of Le Méridien‘s expansion strategy in the next few years, according to its brand parent, Starwood Hotels. The brand’s 18 existing U.S. hotels, which include recent openings in Chicago and Tampa, Fla., will be joined by four new properties over
The Courtyard Miami Downtown at 200 SE Second Ave. is on the block. The hotel’s owner, AVR Realty, engaged CBRE to market the 1.07-acre site, which is expected to draw interest from both hotel operators and condominium developers Read The Miami Herald story here
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