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.
A panel of hotel owners and developers at the annual conference of the National Association of Real Estate Editors last week predicted that the sustainability trend will continue to grow among hotels amid a steady recovery in the industry. Hotels also will increasingly adopt the
PVH Corp. will open 600 IZOD shops inside J.C. Penney department stores in September. The shops are part of a push to recharge one of the company’s legacy brands. The new in-store-shops will range from 600 square feet to 1,000 square feet in size.
Starbucks will open a 1,700-square-foot tea-only shop near its Seattle headquarters in October, selling more than 80 varieties of its Tazo-branded tea in loose-leaf form and hot and cold tea beverages, the company said. The shop will also include a blending station where customers can
Panera is turning one of its first Chicago stores over to the community. The store is converting to a pay-what-you-can model that features only suggested prices and donation boxes. Read the Chicago Tribune story here.
The hotel market will experience slower growth in revenue per available room during the second half of 2012, at 4.9 percent against 6.9 percent during the first half, PKF Hospitality Research predicts, citing concerns over the presidential election and tax-legislation issues as the reasons for
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