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.
American Eagle Outfitters‘ Aerie underwear brand aims to open up to 70 new stores this year after booking a 26% sales increase in the most recent quarter. The brand has won fans through messaging and ad campaigns with images of real women, instead of retouched
North Point Mall in Alpharetta, Georgia is undergoing a redevelopment that will turn a former Sears store into 300 apartments and 24,000 square feet of restaurant and retail space. Plans include a park, concert and event lawn, fountain, bocce ball court, rock climbing wall and
Neighborhood Goods will open its third store on Friday, a 10,000-square-foot space in Austin, Texas, that will feature a mix of space to showcase brands and space with blended products to encourage discovery, according to Women’s Wear Daily.
Hy-Vee says it plans to transfer its online fulfillments from its four Aisles Online distribution centers to its retail stores later this month, joining a growing number of grocers that have opted for the microfulfillment model. Read the Progressive Grocer story here
Aproposed Marriott Hotel in Franklin Township would have 89 rooms, according to an investment group looking to build what would be the third hotel within less than one mile of each other on Interchange Road. Read the Times News story here
Four mixed-use projects along State Highway 121 that have been approved by the Allen, Texas, City Council are expected to take shape during the next few years. The Dallas suburb will gain a master-planned community, as well as a community that features a luxury hotel,
Life House, a venture-backed hospitality startup based in New York, has teamed up with Boston-based real-estate firm Blue Flag Partners to open a boutique hotel in Nantucket. Read The Business Journals story here
Fifty-four percent of construction contractors and equipment dealers surveyed by Wells Fargo project industry growth during the next two years. That number is up from 51% in 2019, with most contractors saying they plan to buy the same or a greater amount of equipment this
Off-price retailer Burlington Stores will exit its e-commerce business, which generated just 0.5% of the company’s $2.2 billion in annual revenue. Burlington will instead focus its resources on the stores that work much better with the brand’s “treasure hunt” model. Read the Forbes story here
Kimpton Hotel Palomar South Beach is now open in Miami Beach, Florida. Read the Miami Herald story here
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