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.
Bed Bath & Beyond will follow streamlining and cost-cutting moves with investments aimed at driving shoppers back to the retailer’s stores. Plans also call for simplified pricing and a 10% reduction in inventory. Read the Modern Retail story here
Medical facilities are increasingly filling mall spaces, like the M Health Fairview clinic coming to Mall of America in July. Also on the horizon is two arms of the Dana-Farber Cancer Institute, which will open at Massachusetts’ Patriot Place and Life time Center. Read the
Amazon 4-star is opening three new locations in Florida to sell its top-rated products. Stores will open at Brickell City Centre in Miami, The Gardens Mall in Palm Beach Gardens, Lincoln Mall in Miami Beach. Read The Daytona Beach News-Journal story here
Shopoff Realty Investments and Contour have bought about 5.3 acres in an Opportunity Zone in Las Vegas to construct a luxury hotel. The site is on the south end of the Strip. Read the GlobeSt story here
Five new hotels planned to be built off International Drive will open in time to welcome guests when Universal Orlando Resort‘s future Epic Universe theme park debuts in 2023. Read The Business Journals story here
After nearly a century as Giant Food Stores, the Pennsylvania grocer announced Wednesday it will now be known as The Giant Company and it has rolled out new, modernized logos for its Giant, Martin’s, Giant Heirloom Market, Giant Direct and Martin’s Direct banners. Read the
Puttshack is expected to open in spring 2021 at Brickell City Centre mixed-use development in Miami. The three-story mini-golf facility will cover 29,000 square feet of space and feature food and beverages and a private rooftop event space. Read the Miami Herald story here
Roy Rogers has spent the past 18 months gearing up for the future, as the chain gears up to get back to its late 1980s peak. The company began 2020 with 48 units—24 company-owned and 24 franchised—and now believes there is an opportunity over time
Hyatt has announced plans for the first UK property under its lifestyle Hyatt Centric brand. The 150-room property will be located within the University of Cambridge’s Eddington development, and is expected to open in 2021. Read the Business Traveller story here
A special committee of the borough of Flemington, New Jersey will study the possible redevelopment of the nation’s oldest mall, Liberty Village, which was acquired last year by Namdar Realty Group. The initial ideas include a for-profit recreation center, a supermarket, a multiplex theater or
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