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.
H&M plans to shutter 250 stores, or 5% of its global store base, in 2021 following the closure of 50 locations this year, according to Bloomberg News. Most of the closures will come in the US and Europe, and the fast-fashion retailer plans to open
The Waldorf Astoria Monarch Beach Resort & Club will bring Hilton‘s luxury brand to Dana Point, California. The 400-room property, which features an 18-hole golf course, partners Waldorf Astoria Hotels & Resorts with Ohana Real Estate Investors. Read the TravelPulse story here
The Boston Planning & Development Agency has authorized the city’s largest-ever private development project. The $8 billion project at the former Suffolk Downs racetrack will eventually offer 10,000 housing units and 3 million square feet for commercial and retail purposes. Read the Boston Herald story
Beauty retailer MAC has opened the MAC Innovation Lab, its newest concept store, at the Queens Center mall in New York City after testing a virtual version of the concept in Shanghai in 2019. The store features augmented reality mirrors for shoppers to try products
Lewis Retail Centers has cut the ribbon on a 105,000-square-foot retail center in Calimesa, California. The MarketPlace at Calimesa is anchored by Stater Bros. Market and has been under construction since May 2019. Read the Commercial Property Executive story here
New York City Mayor Bill DeBlasio has made the Open Restaurants program permanent, giving the city’s 25,000 eateries the right to keep new outdoor space open even after the pandemic. The program, launched in June, allowed restaurants to create new seating areas on public spaces,
While the US hotel market still struggles with low numbers, the Middle East, Europe and Asia-Pacific saw small gains in August, according to recent numbers from HotStats. Although profitability numbers for July were better than in June in the US, August saw a drop from
It goes without saying that Austin, Texas, is a synonym for hipster city. It’s also laid-back, funky, creative and seriously musical. And if any hotel aims to embody the spirit of Austin, that would have to be the Bunkhouse Group hotels. Read the Forbes story
Mixed messages from the CDC about whether the coronavirus that causes COVID-19 could be spread through undetectable particles that linger in the air for hours has raised concerns for restaurants. The National Restaurant Association is studying the question with an eye on issuing updated safety
Las Vegas’ McCarran International Airport will launch a $13 million renovation of Concourse C at Terminal 1 this fall to serve Southwest Airlines. The work, which will include new fixtures, flooring and amenities, will take advantage of reduced traffic due to the pandemic. Read the
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