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.
Lego opened 150 new stores last year and said it aims to do the same in 2020, with most of the new locations in China, according to The Wall Street Journal. The toy brand, which operates 570 global stores, booked doubled-digit sales growth in China
Publix Super Markets plans to spend about $1.6 billion this year on building new stores, renovations and technology enhancements, as well as acquisitions of new shopping center sites where the grocer would serve as an anchor tenant. In 2019, Publix spent $1.1 billion on capital
The 375 condo units in New York City’s Waldorf Astoria went on the market this week for $1.7 million and upward as renovation of the landmark proceeds toward a planned 2022 reopening. The hotel has been closed since 2017, when the developer, Chinese insurer Dajia,
El Pollo Loco will roll out its L.A. Mex concept at 300 new and remodeled locations in the coming years, and menu development will focus more on healthful options and dishes designed for specific diets such as plant-based and keto. Systemwide same-store sales grew 3.9%
A 500,000 square-foot expansion at Valley Fair mall in California will include a three-story Bloomingdales, an Apple flagship and sites for previously online-only retailers. A partnership with the San Jose Museum of Art will bring in artwork, and an outdoor dining area has been added
Nordstrom will shutter all six of its brick-and-mortar Trunk Club stores and incorporate the personal shopping services into its department stores. Trunk Club launched as a high-end service in 2009, and Nordstrom acquired the Chicago-based company for $350 million five years ago. Read the Chicago
Jersey Mike’s Subs is embarking on a systemwide renovation that’s expected to cost $75,000 per store, which the franchisor has agreed to pick up across the 1,700-unit quick-service sandwich chain for a total projected outlay of $150 million. Read the Restaurant Business online story here
A Tahoe-area developer is working on a hotel, spa and restaurant project in the Kirkwood area. Read The Business Journals story here
Although snow fell in the Village of Cloudcroft, those meandering through the Burro Street Exchange could see notices affixed to the windows of the historic Cloudcroft Hotel at 306 Burro Avenue, indicating the lodgings would be rejuvenated and open again soon. Read the Alamogordo Daily
The art deco-style Rainbow Lounge will make its return to the Marriott Syracuse Downtown later this year, the third and final restaurant at the resurrected former Hotel Syracuse. Read the YNN Central New York story here
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