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.
Apple reopened its stores in Texas recently, marking the first time since the first pandemic-related closures that all 270 US Apple stores were open to some degree. Some stores are still not allowing customers inside and instead are using the Apple Store Express format, and
The purchase of the Hotel at Batavia Downs for up to $8 million has the blessing of the Western Regional Off-Track Betting Corporation Board of Directors. Read The Daily News story here
Fast-casual salad chain Sweetgreen has outlined a plan to reach carbon neutrality by 2027, using software platform Watershed to help it reduce carbon emissions. The 109-unit chain will take several steps to reach its goal, including making clean energy investments, sourcing sustainably, building with eco-friendly
The Holiday Inn Express is a four-story, 93-room hotel that will include an indoor pool and a gym. It’s being developed by Lotus Management Inc, the same company managing the Fairfield Inn by Marriott across the street. Read the BenitoLink story here
Premium ice cream retailer Salt & Straw has expanded beyond the West Coast with the opening of the first of two planned Miami scoop shops. The 10-year-old company, which has backing from Shake Shack founder Danny Meyer, has also grown its local delivery and national
Shopping center owners should consider using their space for festivals, residential areas or lifestyle centers to overcome the losses caused by retail closures, experts say. Weekly shopping trips to the mall are declining with only 12% of shoppers surveyed by Deloitte saying they will visit
The 443-key LaGuardia Marriott and a massive development site nearby the hotel have been sold to a California-based private equity firm for a combined total of $103 million, according to a post on The Real Deal website. Read The Queens Gazette story here
Plans for a new 227-room hotel in Detroit’s Corktown took a step forward, even as occupancy rates for the city’s downtown-area hotels are near record lows. The proposed seven-story, $74-million Godfrey Hotel would be built at 1401 Michigan Ave., pending the demolition of a vacant
L Brands will shutter as many as 50 Victoria’s Secret stores in the US this year and will continue to move forward with plans to spin off the lingerie brand. Bath & Body Works will close up to 40 mall-based stores while opening 49 new
Best Buy is experimenting with a store format that cuts selling space down from about 27,000 square feet to 15,000 and dedicates the rest of the space to e-commerce fulfillment. The retailer started testing the format at four Minneapolis stores last year and plans to
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