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 Illinois-based gourmet sandwich Jimmy John’s chain will open up its first New England shop in the Flats on D apartment complex in South Boston, not far from the Seaport District. Read the BostInno story here
Chicago’s first Red Robin will be coming in June. There are 17 Red Robins in the area, but none within the city of Chicago proper. Read the Chicago Tribune story here
The owners of the EpiCentre Charlotte mixed-use development in Charlotte, N.C., plan to add a dual-branded hotel building to the area’s offerings. Work on the project, which will include a 120-room Residence Inn by Marriott and a 182-room AC Hotel by Marriott, is expected to
Jackson Street Management has proposed building a hotel in downtown Milwaukee. The hotel’s brand and room number were not officially disclosed, but a source said the property would be a Westin hotel with 200 rooms. Read the Milwaukee Journal Sentinel story here
Belk recently opened its new, 180,000-square-foot flagship department store at the Galleria in Dallas. The store, Belk’s 14th in Texas, will add 200 new employees in a state where retail supports one in four jobs. Read the National Retail Federation story here
U.S. specialty retailer Cabela’s launched its first store in Canada in 2007 and got to know the market as it gradually grew to four stores. Now, the chain plans to pick up the pace and double its store count north of the border by the
IKEA will open a store in the heart of Hamburg, Germany, its first test of a smaller urban store aimed at bringing in pedestrians. The new format, which is about 20 percent smaller than a typical IKEA store, comes as consumers give up cars and
Developers of the One Daytona mixed-use project in Daytona Beach, Fla., have unveiled plans to add a 145-room Marriott hotel to the property’s offerings. The hotel is expected to open in 2016 as part of Marriott’s upscale Autograph Collection. Read the WFTV-TV story here
The foreclosed Mondrian SoHo hotel in New York has been sold to real estate investors for $205 million. The 270-room hotel is expected to relaunch under a new name. Read the New York Post story here
Starwood Capital Group is taking over TMI Hospitality, its development platform and its portfolio of 188 hotels by buying all of TMI’s outstanding stock. The deal’s terms were not disclosed. The addition of TMI’s hotel portfolio, which includes select-service and extended-stay properties, will nearly triple
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