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.
Outlet centers are increasingly locating closer and closer to in-fill urban areas, as distance requirements from traditional retail are halved or eliminated. Demand drivers include foreign shoppers, for whom some outlets are building shipping centers; retailers that tailor strategies for outlet centers; and consumers determined
A $302 billion, four-year transportation bill backed by the Obama administration would repeal federal law that prohibits tolling on most of the interstate system. The measure would allow states to collect tolls on interstate highways to fund transit repairs, and use monies from corporate tax
Sports Authority reopened 14 stores across South Florida recently after undergoing a makeover to make the store layout more intuitive. Read the American City Business Journals/South Florida/Heard Along The Coast blog here
A groundbreaking ceremony was to mark the start of construction of a 600-room hotel near the Cleveland Convention Center. The property is expected to open in 2016 under the Hilton Hotels & Resorts brand with meetings space, a rooftop bar and retail space. See the
The Habit Burger Grill, a 94-unit better burger chain based in Irvine, Calif., has signed franchisees to expand the brand to Las Vegas and Seattle, and plans to open its first East Coast units in New Jersey this summer. The chain, which saw sales grow
Whole Foods Market is looking to a new phase of growth that will involve opening more than 1,000 smaller stores in markets including Boise, Idaho; Brooklyn, N.Y.; downtown Detroit; and Chicago’s Englewood neighborhood. The move is part of a bigger company strategy of making Whole
More hotels are moving into the lifestyle arena, marketing wellness packages, local entertainment or other features to clientele interested in a nonstandard hotel experience, experts say. Renaissance, for example, has teamed up with ticket-seller AEG to ensure some tickets are set aside for hotel guests,
Kimco Realty has a acquired a 1.4 million-square-foot retail portfolio in the Boston area, New Jersey and Connecticut for $270 million, from an entity managed by venture capital firm Bollard Group. The REIT is assuming $120.5 million in debt as part of the transaction. The
CityCenter is set to see construction next year on a Conrad hotel, which would bring about 370 rooms to the Washington, D.C., development and add to the high-end residential and retail activity already underway at the site. Conrad Hotels & Resorts, a Hilton brand, has
Designer fashion brand Givenchy opened its first U.S. retail store this week, in a 3,100-square-foot space at the Wynn Resort Promenade in Las Vegas, and it will bow additional locations in other key U.S. cities this year, according to Women’s Wear Daily. In New York
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