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.
Phillipsburg could become an entertainment destination if a proposal for a waterfront hotel, apartments, and concert space becomes reality. Read the WFMZ-TV story here
The Catbird hotel recently topped out at 3770 Walnut St. in Denver’s River North Art District. Sage Hospitality Group, Walnut Development Partners and EXDO Development are developing the hotel. Read the Colorado Real Estate Journal online story here
ALDI’s new store in Philadelphia will occupy the base of a 475-unit apartment complex and, at 25,000 square feet, will be about 50% larger than most of the grocer’s older locations. The new market is set for a November opening and plans call for six
After more than three years of a sometimes troubled, multimillion-dollar renovation, the 107-year-old Hotel Paso del Norte has opened. The 351-room, Marriott Autograph Collection hotel had been scheduled to reopen in 2018, but the project was delayed by construction problems and COVID-19 business restrictions. Read
Shopping malls and street-front retail are suffering high vacancies as the pandemic has reduced foot traffic and e-commerce has taken a large share of business, according to Barclays’ “Future of Real Estate” Report. The report states about 15-17% of US malls will need to be
France-based L’Oreal said it will shutter an undisclosed number of US stores over the next six months as it restructures its luxury division to put a greater focus on e-commerce and other growth areas. L’Oreal and other beauty brands are feeling the pinch, since consumers
After more than seven years of planning, development, name changes, ownership changes, a state dredging project—and a pandemic—the Saranac Waterfront Lodge plans to finally open its doors on Nov. 1. Read the Adirondack Daily Enterprise story here
In 2019 and early 2020, food halls were a booming trend of the food and beverage industry. These spaces are the home of several vendors, often consisting of independent, artisanal foodservice operators and boutique food retailers. Read the SmartBrief/Food & Travel story here
Clark County commissioners approved plans for a hotel and retail project in Jean, a tiny outpost about 25 miles south of Las Vegas. Read the Las Vegas Review-Journal story here
A brand new hotel opened in Philadelphia’s Rittenhouse Square recently. The Hyatt Centric has more than 330 guest rooms, meeting rooms, gathering spaces and a brand new restaurant. Read the WPVI-TV story here
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