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.
Davidson Hotels has created a resorts division, stocked with eight properties it owns and listing two on the drawing board. Davidson projects revenues of $450 million to $500 million for the 10 assets by 2022, with high-end additions to the portfolio on tap. Read the
Foot traffic at malls was within 30% of 2019’s tally in October, according to data from Placer.ai, marking the best reading since February. That number worsened in November before rebounding in December, when foot traffic was off 32.4% on a year-over-year basis. “Placer.ai’s team thinks
Pet Supplies Plus will acquire about 40 former Pet Valu stores across the Northeast, with the goal of keeping a pet retailer in some communities and saving retail jobs. Read the Pet Food Processing story here
7-Eleven convenience stores in Japan, called “konbini,” are a one-stop shop of package pickup, prepared meals and train tickets, but the brand is struggling to bring that approach to the US, where 7-Eleven is known as a late-night go-to for chips and Slurpees. Parent company
Developers recently revealed the first renderings and construction plans for a new full-service hotel in the Belmont section of The Bronx, also referred to as Little Italy. Located on East 188th Street between Arthur Avenue and Hughes Avenue, the project could also contain a collection
Albertsons is piloting a contactless pickup program using an automated, temperature-controlled kiosk that stores orders and allows customers to access them with their smartphones. The first PickUp Kiosk, created by Cleveron, is now operating at a Jewel-Osco store in Chicago and plans call for a
A new Marriott Fairfield Inn and Suites features a new 74-room, three-story hotel at 711 N. Main Street, the Chamber of Hailey and the Wood River Valley stated in a press release. Read the Idaho Mountain Express and Guide story here
The $600 million Live! Casino & Hotel Philadelphia will open this month in the city’s Stadium District, more than two years after the start of construction. The complex features a 12-story, 208-room luxury hotel along with multiple gaming, dining and entertainment offerings. Read the PhillyVoice
Planning officials in Worcester, Mass., have approved Amazon’s plans to demolish and redevelop a mall into a “last-mile” distribution center that could come online as early as late 2022. Some residents say Amazon could have gone to greater lengths to ensure the building’s sustainability, but
Save A Lot is pushing ahead with plans to sell 300-plus corporate-run sites by the end of this year as it switches to a new wholesale business model, recently announcing the sale of 51 stores in Tampa, Florida to Fresh Encounter, a Save A Lot
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